GreenRoc Mining plc has signed a memorandum of understanding to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. PROJECTS The MoU is with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and operational phases. GreenRoc said […]
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GreenRoc Mining raises £550,000 via placing
GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]
Predator receives £79,500 via Optiva warrant exercise
Predator Oil & Gas Holdings plc has received £79,500 following notice from Optiva Securities Ltd to exercise 2,035,714 warrants. A total of 1,875,000 of the warrants are exercisable at 4 pence per share and 160,714 warrants are exercisable at 2.8 pence per share. Predator issued to Optiva a total 2,035,714 new ordinary shares, and now has […]
Horizonte awards contracts to increase Araguaia production
Horizonte Minerals plc has awarded contracts aimed to increase nickel production by 100% to 29,000 tonnes per annum (TPA) over a 25-year mine life at its Araguaia project in northeast Brazil. OBJECTIVES The Line 2 feasibility study (FS) includes construction of a duplicate rotary kiln-electric furnace (RKEF) processing facility aimed to produce an NI 43-101 […]
Kavango nears drill-testing KSZ North conductors
Kavango Resources plc has moved closer to drill testing three previously identified B conductors in the Kalahari Suture Zone (KSZ) North project in southwest Botswana. B CONDUCTORS The company is targeting massive sulphide and IOCG* mineralisation for copper, nickel, platinum group metals, iron, gold and uranium on 15 prospecting licences covering 8,323km2. Kavango added that […]
Conroy identifies second gold trend
Conroy Gold and Natural Resources plc has discovered a second gold trend in the Longford-Down Massif after linking a new gold target to one found last month. SKULLMARTIN FAULT Assay results reported today from gold-in-soil sampling on prospecting licence 4554 in County Monaghan showed values greater than 10 parts per billion (ppb) gold over a […]