Finance Metals & Minerals News

Cornwall Resources to drill for revised MRE  

Cornwall Resources Ltd has signed a contract for two rigs to diamond drill a total 5,300 metres during the second half of the year at its Redmoor tin-tungsten-copper project near Kelly Bray, north of Callington. ADVANCEMENTS The contract with Priority Drilling UK Ltd follows match grant funding from the Government, through the UK Shared Prosperity […]

Equipment & Logistics Metals & Minerals News

Ormonde notes drill contract for Golden Rose

Ormonde Mining plc’s investee has awarded the drill contract to MCL Drilling for a 1,800m drill at the Golden Rose copper-gold project in Central Newfoundland Gold Belt in Canada. STAGHORN Licence holder and operator TRU Precious Metals Corp, in which Ormonde owns 36.3%, plans to test for the first time a pipeline of exploration targets. […]

Metals & Minerals News

Guardian intersects ‘very high grade’ tungsten

Guardian Metal Resources plc said that further “very high grade” tungsten intersections showed “tremendous upside potential” for its wholly owned Pilot Mountain in Nevada, USA.  MRE Latest drill core assays from holes PM24-018 to PM24-028 in the Desert Scheelite zone confirm “multiple tungsten, copper, silver and zinc rich intervals”. Results include two highest tungsten intersections […]

Metals & Minerals News

FCM pans gold from Dead Otter trend

First Class Metals plc (FCM) has observed and panned gold from grab samples on the Dead Otter trend at North Hemlo in northwest Ontario, Canada. CONFIDENCE The company added that a number of gold flecks were seen in the ‘tail’ in the panning dish. “This is significant in not only proving the presence of gold […]

News Oil & Gas

Deltic-Shell to drill Pensacola gas prospect

Deltic Energy plc and joint venture partner Shell UK Ltd have decided to begin drilling in May on the Pensacola prospect in the UK southern North Sea (SNS). TECHNICAL The company said that the investment decision could transform the company and was a “vital step” in evaluating the Zechstein Reef play which in turn could […]

News Oil & Gas

United starts 2021 drill campaign with ASH-3 well

United Oil and Gas plc announced the start of its 2021 drilling campaign with the ASH-3 development oil well in the Abu Sennan licence in the Western Desert, Egypt. SCHEDULE Kuwait Energy Egypt began operations on 4 January at the licence in which United holds a 22% working interest. The hydrocarbon exploration, development and production […]