Chesterfield Resources plc said it had extended its drilling and exploration campaign for further testing of gold encounters at its projects in Cyprus. LIMNI SOUTH GOLD The company has also identified a “promising waste dump opportunity” in the Troodos West licence area. Drilling and sampling indicates that it has the potential for an early revenue […]
Tag: gold
Power Metal nears acquisition of Wallal
Power Metal Resources plc is closer to acquiring First Development Resources Australia (FDR Australia) with its two copper-gold Wallal exploration licences in the Paterson Province of Western Australia. LICENCES The news follows the granting of licences E45/5816 – Wallal Main and E45/5880 – Wallal West 2 to FDR Australia. The Wallal Main licence hosts two magnetic […]
Galantas Gold appoints Brendan Morris as a director
Galantas Gold Corporation has appointed Brendan Morris as a director of the company. Mr Morris was made chief operating officer in May this year.
First Class expands Hemlo North acreage
First Class Metals Ltd (FCM) has expanded its flagship Hemlo North gold-base metal project and begun a key technical study in the Hemlo – Harte region of Ontario, Canada. LISTING The company staked a further 15 new mining cell claims contiguous to the existing project, expanding the asset by 3.7% to 86.62km2. Other work at […]
Erris notes highest grade boulder sample at Loch Tay
Erris Gold Resources Ltd has recorded its new highest grade boulder sample result of 97.4g/t gold at its precious metals project within the Loch Tay licence in Perthshire, Scotland. SAMPLES A full screen metallic analysis of a recent large boulder sample assayed 29.7 g/t compared with 20.1g/t Au from the initial grab sample near the […]
Alba Mineral progresses with Clogau-St David’s gold mine plan
Alba Mineral Resources plc said it was progressing with the mine plan for Clogau-St David’s gold mine in North Wales. EXTENSION The plan is for the extension of underground workings to key production targets of Llechfraith Payshoot and Jack Williams, New Branch, 7-10 and Grandfathers lodes. Following modelling of the Phase 2 surface and underground […]