Anglesey Mining plc returned strong drill hole assays in broad widths at its 100%-owned volcanogenic massive sulphide project at Parys Mountain, northwest Wales. PROSPECTIVITY The results are from the recently completed drill hole NCZ001, the first from the 2023-2024 infill drilling programme of the Northern Copper and Garth Daniel zones. NCZ001 was designed to repeat […]
Author: editorial
Kavango completes KCB licences airborne survey
Kavango Resources plc has completed an airborne geophysical survey over its 7,629km2 Kalahari copper belt project in Botswana. CONFIDENCE The survey will test whether the copper-silver prospective geological and geophysical features, interpreted on the recently acquired three licences of PL203/2016, PL127/2017 and PL205/2016, extend into the company’s pre-existing adjacent licence areas. The survey covered block […]
Oriole signs earn-in for Mbe gold project
Oriole Resources plc has signed a definitive earn-in agreement with BCM International Ltd for its 90%-owned Mbe gold licence in Cameroon. OPPORTUNITY The transaction is Oriole’s second after the Bibemi deal signed earlier this month and follows the heads of terms signed in November for both projects. BCM will earn up to a 50% interest in Mbe […]
Horizonte appoints Nicholas Michael as NED
Horizonte Minerals plc has appointed Nicholas (Nick) Michael as a non-executive director with immediate effect. Mr Michael has more than 37 years’ experience in the mining sector, including ferronickel in Brazil, as a technical director having retired from Orion Resource Partners in 2023 where he was VP technical services. He has been involved in the […]
Alba completes dewatering lower Llechfraith level 4
Alba Mineral Resources plc has become the first company in decades to walk on level 4 of the lower Llechfraith workings following completion of dewatering in Clogau-St David’s gold mine. EXPLORATION Along with using pump rates of up to 250 cubic metres per day, specialist geotechnical contractors also installed new platforms and ladderways to allow […]
Orcadian shareholders back Pilot farm-out
Orcadian Energy plc shareholders today approved the $3.1 million farm-out of its Pilot oil field to Ping Petroleum UK plc. The conditional transaction for central North Sea licence P2244 with the Malaysian company was signed in December 2023.