Power Metal Resources plc reported visible sulphide mineralisation in its first drill hole at the nickel-copper-platinum group element project at Molopo Farms Complex, southwest Botswana. DDH1-6B Drill hole DDH1-6B, within priority target area T1-6, marks the start of a 2,600m drill campaign. The company reached 576m and, after identifying visible sulphide mineralisation, will extend the planned target depth […]
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Scotgold raises Q4 guidance and remains on target for output
Scotgold Resources Ltd has increased it production guidance after completing delayed work on power and ventilation at the Cononish gold-silver mine near Tyndrum in Scotland. PRODUCTION The Australian company’s report for the three months ended 30 September 2022 showed gold production of 2,004 ounces under September’s revised guidance. The new guidance followed delays to improve access, […]
Corcel looks to expand with PNG gold-copper
Corcel plc has applied for a gold-copper tenement covering 464 km2 vacant ground in Papua New Guinea (PNG). TENEMENT The company’s wholly owned subsidiary Niugini Nickel Pty Ltd (NN) submitted the application for a total 136 graticular sub-blocks. The site covers the Star Mountains gold-copper exploration project and has undergone “considerable work” by Highlands Pacific […]
Anglesey assays indicate extensive mineralised system
Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]
IOG appoints Rupert Newall as CEO
IOG plc has appointed Rupert Newall as its new chief executive officer (CEO). BOARD CHANGES He replaces Andrew Hockey who has retired but will remain with the company in an advisory role to the board. Mr Newall led IOG’s restructuring and farm-out to CalEnergy Resources (UK) Ltd (CER) in 2019 before joining IOG as chief […]
IOG appoints Dougie Scott as COO
IOG plc has appointed Dougie Scott as the company’s new chief operating officer. He replaces David Gibson and will be appointed to the board following satisfactory due diligence. Mr Scott has 30 years’ upstream operational experience, mainly in the Southern North Sea, where he led teams in production, drilling, offshore hydraulic stimulation, and green and […]