Tertiary Minerals plc said it had terminated its Pyramid silver-gold project in Nevada, USA. PRIORITIES The move comes after drilling earlier in the year, which failed to show significant results at the North Ruth target. Termination of the project will result in cash savings of more than US$33,000 in lease and claim fees for the […]
Tag: gold
Anglesey assays show mineralised system at White Rock
Anglesey Mining plc said its second round of assay results showed an “extensive mineralised system” in the White Rock deposit at the company’s polymetallic project on Parys Mountain on Anglesey, Wales. WHITE ROCK The company, which owns 100% of the copper-zinc-lead-silver-gold volcanogenic massive sulphide project, added that the results also showed multiple broad intercepts. Micon […]
SCZ Grampian appoints Sean Duffy as a director
SCZ Grampian Ltd has appointed Sean Duffy as a director, effective 7 July 2022. The Australian, whose appointment was recorded with Companies House, is the chief financial officer of parent company Scotgold Resources Ltd. SCZ Grampian focuses on the geological exploration of the Dalradian group in the southwest Highlands.
Scotgold reports strongest quarter results at Cononish
Scotgold Resources Ltd said it recorded its strongest quarter yet with record production exceeding guidance at its Cononish gold and silver mine, near Tyndrum in Scotland. PRODUCTION In its operations report for the three months ended 30 June 2022, the Australian company showed increased production to 3,531 ounces gold and 18,382 ounces of silver, a […]
Caerus looks to clean energy investments and targets
Caerus Mineral Resources plc said it was reviewing a number of investment opportunities and was in early-stage discussions with several potential targets in key clean energy commodities. CLEAN ENERGY The Cyprus-based exploration and resource development company focuses on generating copper-gold value from the historic copper mining island of Cyprus. “Whilst discussions are ongoing, there can be […]
Power Metal-Red Rock to acquire Berringa gold mine
Power Metal Resources plc and Red Rock Resources plc are to acquire the historic Berringa gold mine within exploration licence EL5535 in the Victoria gold fields of Australia. BUSINESS STRUCTURE The partners’ joint venture (JV) company Red Rock Australasia Pty Ltd (RRAL) entered an agreement for the acquisition from Balmaine Gold Pty Ltd which is a wholly owned subsidiary […]