First Development Resources plc has drilled the “most technically difficult phase” in the first drill hole at the Wallal gold-copper project in Paterson Province, Western Australia. PROJECTS The explorer, currently 44.34% owned by Power Metal Resources plc, is targeting the 2.5km by 2.5km eastern magnetic bullseye anomaly, which one of three on the acreage. The […]
Tag: gold
Panther appoints SRK for Winston MRE
Panther Metals plc has appointed SRK Exploration Ltd as independent consultants to conduct a mineral resource estimate for its optioned Winston tailings project in Ontario, Canada. The historic site contains high-grade gold, gallium, silver, zinc, copper and cobalt and other minerals within the mine’s tailings storage facility. Panther said that the MRE would be based […]
Oriole issues 2.3m new shares
Oriole Resources plc has issued 2,330,000 new ordinary shares of 0.1 pence each following a warrants exercise at a price of 0.25p per warrant share, for £5,825. TVRs A total of 150,447,778 warrants and 399,916,245 options over ordinary shares, representing 14.12% of the company’s enlarged issued share capital, remain outstanding. On admission, Oriole’s issued share capital […]
First Class reappoints CEO as executive director
First Class Metals plc has reappointed chief executive officer Marc J. Sale as an executive director, with immediate effect. VISION Chairman James Knowles said that the board appointment ensured “full alignment at a pivotal stage” in the Ontario-focused company’s development. “With Marc’s proven vision, technical expertise, and deep understanding of our portfolio, the company is […]
Metals agrees land deal with artisanal miners
Metals Exploration plc has reached an agreement to acquire parcels of land mined by artisanal miners within the La India gold project area in Nicaragua. ENVIRONMENT The company began negotiations in January 2025 with the artisanal miners who were “occupying large portions of the mining area”. “These artisanal miners were legally mining in the area […]
Red Rock progresses West Africa assets
Red Rock Resources plc plans fieldwork on its gold licences in Burkina Faso and has received interest from prospective purchasers in its Ivory Coast assets. APPROACHES In Burkina Faso the company owns the Bilbale and Boulon licences covering 348km2 of “highly prospective” gold ground. Red Rock has engaged Le Bureau des Mines et de la […]