Galantas Gold Corporation said its latest drill results from the Gairloch project in Scotland confirmed the potential for a district-scale polymetallic project. MINERALISATION The Canadian company drilled the second exploration hole 23-GL-02 to a depth of 50 metres as a step back from hole 23-GL-01, testing the Kerry Road deposit. The drillhole intersected 1.88 g/t […]
Author: editorial
GreenRoc progresses testwork and studies for Amitsoq
GreenRoc Mining plc has progressed work with further interest from its potential off-take partner and the start of several studies for the Amitsoq graphite project in South Greenland. TESTWORK The unnamed potential off-take partner has requested sample material, comprising graphite concentrate, purified graphite concentrate and spherical graphite, to conduct its own verification testwork. Meanwhile other […]
Neptune starts production from fourth Adorf well
Neptune Energy began first production from its operated Adorf Z18 gas well in the municipality of Georgsdorf, north western Germany. PROCESSING PLANT The company expects the Z18 well, in the Carboniferous formation, to increase production from the Adorf licence by about 1,900 barrels of oil equivalent per day to around 8,200 boepd. Construction of a […]
Deltic exits three southern North Sea gas licences
Deltic Energy plc will withdraw from three of its five joint venture gas licences in the southern North Sea following its partner Capricorn Energy‘s move to focus on its own Egyptian assets. NEW PARTNERS Deltic, which is rationalising and “high grading” its portfolio, will withdraw from P2560, P2561 and P2562 while retaining P2567 (Cadence) and […]
Karelian begins exploration in Northern Ireland
Karelian Diamond Resources plc has begun an exploration programme on its three nickel-copper-platinum group metals licences in Northern Ireland. POTENTIAL The Dublin-based company, with diamond exploration assets in Finland, collected a series of stream sediment samples which have been sent to Canada for analysis. A total of 14, nine and 10 samples were taken from […]
Block spuds third project I development well in Georgia
Block Energy plc has started drilling its third Project I development well WR-34Z in Georgia. AGGRESSIVE PLAN Project I is the development of the Middle Eocene oil reservoir in the West Rustavi-Krtsanisi field Well WR-34Z is part of the development of the 3.01 MMbbl gross 3P reserves, with a net present value of US$57 million. Block […]