Altus Strategies plc reported copper and gold royalty revenues of US$1.7 million (pre-tax) in the first quarter since acquiring the royalties portfolio from Newcrest Mining Ltd. INTERESTS The company currently owns 33 royalty interests including royalties on four producing mines of the Caserones copper mine in Chile, the South Kalgoorlie Operations (SKO) gold mine and […]
Tag: gold
Conroy Gold granted three new PLs in Longford-Down Massif
Conroy Gold and Natural Resources plc has been granted three further prospecting licences of PL3131, PL4554 and PL4559 in the Longford-Down Massif in Ireland. TRANSFER The company applied for the licences, covering 100 km2 (39 sq miles), prior to completing its joint venture (JV) with Demir Export S.A. Conroy Gold will now apply for the […]
Power Metal intersects near surface gold mineralisation
Power Metal Resources plc announced near surface gold mineralisation intersected from the inaugural drilling programme at its Tati project near Francistown, Botswana. RESULTS Shallow depth reverse circulation (RC) drilling results showed up to 5.17g/t gold over 3m from 9m downhole. The drill programme on PL126/2019 licence also confirmed prospective geological formations. ADDITIONAL LICENCE Power Metal […]
Conroy Gold completes JV agreement with Demir
Conroy Gold and Natural Resources plc has completed the joint venture agreement with Demir Export SA for gold licences in Ireland and Northern Ireland. CONDITIONS The company said all outstanding conditions had been met and that it had received €1 million. Work began at Clontibret in January 2022 and a 3,000 metre drilling programme is planned […]
Caerus notes further anomalous gold from Mala dumps
Caerus Mineral Resources plc reported further anomalous gold values in the waste dumps at Mala in Cyprus. RESULTS Hand auger sampling of mine waste dumps returned anomalous gold grades. Caerus said that 80% of the total number of gold assays received returned anomalous results above 0.29g/t gold. Percentage of samples exceeding the required grade (%) Grade […]
Red Rock notes solid progress from results at Mikei gold project
Red Rock Resources plc reported solid progress following results from its second batch of 1,365 samples from the mid KKM prospect of the Mikei gold project (MGP) in Kenya. PROGRAMME The results are from Phase I reverse circulation (RC) drilling exploration at the company’s 100% beneficially owned project. The programme comprised 20 drill holes for […]