Panther Metals plc has completed its extended phase I diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. SAMPLES The company said it had drill tested initial target areas C, D, E and F, increasing operations from the original 1,200 metres to 1,558m across five holes. Operations […]
Author: editorial
Ascent appoints Gilles Thieffry as chairman
Ascent Resources plc said it intended to appoint Gilles Thieffry to the board as non-executive chairman. The company also created a new joint venture special purpose vehicle with Delta Energy Corp SARL, focusing on new development opportunities in “world-class proven hydrocarbon basins”. Mr Thieffry has four decades’ legal experience with expertise in capital markets, structured […]
United receives $591,595 over Abu Sennan
United Oil & Gas plc has received US$591,595 relating to receivables from its previous interest in the Abu Sennan licence, onshore Egypt. The payment, expected to be $620,000, was from national oil company Egyptian General Petroleum Corporation. United said it continued to engage with EGPC regarding a small outstanding balance.
Cornish Lithium appoints Gary Steven as NED
Cornish Lithium plc has appointed Gary Steven as a non-executive director while NED Adam Howard steps down. Mr Howard has left to become chief financial officer at Invinity Energy Systems. “I extend my thanks to Adam for his contributions as a non-executive director and wish him every success in his new role,” said Cornish Lithium […]
Guardian receives £512,743 via warrant exercises
Guardian Metal Resources plc has received £512,743.54 following notices to exercise warrants over a total 2,074,962 new ordinary shares of 1 pence each in the company. One notice is over 74,962 new ordinary shares at an exercise price of 17p per warrant share while another is over two million new ordinary shares at an exercise price […]
Kavango identifies tungsten in Hillside assays
Kavango Resources plc has identified “significant” and “potentially economic” multi-element concentrations including tungsten at the Hillside gold project in Matabeleland, southern Zimbabwe. PATHFINDER The company plans to widen its exploration in the country for the “strategic elements” including bismuth, selenium, molybdenum and further tests for tungsten value and widths. The results, with a peak tungsten […]