Hummingbird Resources plc lowered full-year production to below the bottom end of 2021 guidance range after regional unrest and illegal road blocks temporarily halted operations at its Yanfolila gold mine in Mali. SAFETY The company added that the activities had affected employee’s ability to work safely, which was Hummingbird’s priority. “The situation on site remains […]
Tag: gold
Oriole notes drilling refocus on Faré at Senala
Oriole Resources plc’s joint venture partner has restarted drilling at the Senala gold project in Senegal. PROGRAMME As part of its Year 4 earn-in, IAMGOLD Corporation has completed four holes for 401m at the Madina Bafé prospect to test the main northeast trending corridor. The Canadian company has refocused the remainder of its Year 4 budget towards […]
Power Metal notes start of test pitting at Alamo gold project
Power Metal Resources plc announced the start of a test pitting programme targeting coarse gold mineralisation at the Alamo project in Arizona, USA. PROGRAMME The permitted programme allows for the excavation of up to six test pits (three at Breccia Hill and three at Big Boulder Wash), and five percussion drill holes. The company said that the geological […]
Power Metal completes acquisition of FDR
Power Metal Resources plc has completed its 100% acquisition of First Development Resources Pty Ltd (FDR) which holds gold-copper interests in the Paterson Region of Western Australia. DRILLING The Paterson interests are held by First Development Resources Ltd (FDR) which now owns local Australian operating company First Development Resources Pty Ltd (FDR Australia). Power Metal has an 83.33% interest in FDR, with a […]
Alba notes substantial precious and base metals results in Dolgellau
Alba Mineral Resources plc said it had a suite of substantial precious and base metal results from its field exploration in the Dolgellau gold field (DGF), Wales. DOLGELLAU Alba has conducted further exploration across a number of high-priority regional targets in the DGF. The company said that multi-commodity mineralisation had been confirmed from sampling at […]
Red Rock issues overview of gold interests
Red Rock Resources plc issued a summary of its gold interests in its natural resource development portfolio in Africa, Australia and South America. ASSETS The company has royalties over its gold interests as well as projects in Africa including a JORC indicated and inferred resource of 15.13 Mt @ 1.49 g/t Au with contained metal […]