Oriole Resources plc released further results from the recently completed Phase II diamond drill programme at Bakassi Zone 1 on its 90%-owned Bibemi gold project in Cameroon. RESULTS The company completed Phase II drilling for 1,650.70m in 11 holes to test a 1km portion of Bakassi Zone 1, to infill previously reported mineralised zones identified […]
Tag: gold
Hummingbird mobilises equipment at Kouroussa
Hummingbird Resources plc announced mobilisation of equipment and personnel along with further “significant” results at its gold mine at Kouroussa in Guinea. OPERATIONS The company aims to start construction in early January 2022 with first gold pour targeted by the end of Q2 2023. Hummingbird has appointed construction and engineering firm WACOM for the work […]
Caerus aims to become miner in 2022 at Troulli
Caerus Mineral Resources plc expects to transform from an explorer to a developer and miner in 2022 as it released drill and trench copper and gold analyses at Troulli in Cyprus. RESULTS The company added that drilling had delineated an economically viable gold oxide zone for near-term development with peak drill intercepts including 1.4g/t Au over […]
Hummingbird resumes 24-hour operations at Yanfolila
Hummingbird Resources plc announced it had resumed 24-hour operations and lowered production guidance from its Yanfolila gold mine in Mali. SECURITY After a stoppage of approximately six days, the company said it was in the process of returning the mine to a more normalised level of production. Increased security is in place but has caused […]
New Ballarat starts inaugural diamond drill in Victoria
New Ballarat Gold Corporation plc (NBGC) has started its inaugural diamond drill and added a new 489km2 exploration licence in the Victoria gold fields, Australia. NEW LICENCE The joint venture company is between Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%). New Ballarat owns 100% of local operating subsidiary Red Rock Australasia Pty […]
Galantas identifies potential dilation zone in Joshua vein
Galantas Gold Corp has identified potential greater widths of mineralisation as it announced further high grade results from its 4,000m drill programme at Cavanacaw mine in Omagh, Northern Ireland. INTERSECTIONS The Canadian company is increasing high-grade resources at the Joshua and Kearney veins, which remain open on strike and to depth, while also producing gold. […]