Metals Exploration plc has identified a potential exploration target, which it previously relinquished, that could extend the life of ore processing at Runruno in the Philippines. PERMITS The company said that the gold mine’s processing plant could be redesigned to take any ore from the site, called Dupax, to process into a saleable mixed metal […]
Author: editorial
Reabold increases interest in West Newton
Reabold Resources plc has completed its £700,000 acquisition of further shares in Rathlin Energy (UK) Ltd, operator of the onshore West Newton gas joint venture within PEDL183 in East Yorkshire. The company purchased the shares from Connaught Oil & Gas Ltd, increasing its equity interest in Rathlin to approximately 79.8%. Reabold holds a 69.9% economic […]
Europa CEO purchases 623,153 shares
Europa Oil & Gas (Holdings) plc’s chief executive officer William Holland today purchased 623,153 ordinary shares of £0.01 each in the company at a price of 0.83 pence per ordinary share. Following the acquisition, Mr Holland is beneficially interested in a total 6,343,953 ordinary shares, representing approximately 0.661% of the company’s issued share capital. Europa’s […]
Red Rock issues 53.6m shares for cash advances
Red Rock Resources plc has issued in aggregate 53,571,428 shares and an equal number of accompanying warrants to convert cash advances. A total 28,571,428 new ordinary shares of 0.01 pence each at a subscription price of 0.035 pence per share, with 28,571,428 warrants, are to convert a £10,000 advance from an existing shareholder. The warrants are […]
Guardian finds Cu-Mo mineralisation at Pilot
Guardian Metal Resources plc has confirmed copper-molybdenum mineralisation at surface within the Porphyry South target at the Pilot Mountain tungsten project in Nevada, USA. QUALITY Following November 2024 results of “elevated copper” from widely spaced sampling, highlighting a possible “copper-rich shell” within the target, the company undertook more comprehensive sampling. Results identified “significant” copper and […]
LNEnergy targets increased share in Colle Santo
Reabold Resources plc’s investee has secured a two-month extension to acquire additional interest in the Colle Santo gas field in Abruzzo, Italy. OPTION The “low risk, small scale” liquefied natural gas project has two production wells already drilled and flow-tested with first gas targeted for 2025. LNEnergy Ltd manages and owns a 20% interest in […]