Scotgold Resources Ltd said that production revenues have exceeded operating costs for the first time at the Cononish gold-silver mine near Tyndrum in Scotland. REVENUES The company reported that two shipments of gold concentrate completed during August. These were just over 50 tonnes of concentrate at an average of 333g/t Au per tonne, equating to […]
Tag: gold
Conroy Gold advances JV talks over gold licences in Ireland
Conroy Gold and Natural Resources plc said that the definitive agreements for the proposed joint venture with Demir Export A.S. have reached an advanced stage for the 65km district-scale gold trend in the Longford-Down Massif in Ireland. LICENCES The company added that following completion of documentation an EGM would be held to seek shareholder approval. […]
Galantas focuses on increasing resource at Cavanacaw
Galantas Gold Corporation recorded no revenue during Q2 2021 as the company focused on drilling to increase resource at the Cavanacaw mine in Omagh, Northern Ireland. FINANCES In its unaudited financial results for Q2 2021, the Canadian miner recorded nil revenue (Q2 2020: nil). Concentrate sales provisional revenues of US$218,000 for Q2 2021 (Q2 2020: […]
Caerus agrees Troulli JV and review of Cyprus projects
Caerus Mineral Resources plc said that the Troulli copper project in Cyprus had been selected for a joint venture with Bezant Resources plc. TROULLI The two companies will hold site meetings during the first two weeks of September to review the project comprising the Troulli, Kokkinapetra and Anglisides licences. The partners will also agree a programme for diamond drilling […]
Erris doubles Loch Tay gold exploration area
Erris Gold Resources plc said it had more than doubled its exploration area with a new licence granted to partner Greenore Gold in the Loch Tay project within the Grampian gold belt, Scotland. LICENCE In May 2020, the companies jointly applied for the Glen Almond licence covering 250km2 of prospective ground. Erris Gold today announced […]
Sunrise re-analysis increases Baker’s gold grade
Sunrise Resources plc announced a 25% increase in gold grades from re-analysis of the reported high grade drill samples at its Baker’s gold project in Western Australia. DLR4 Target The routine re-analysis of the high-grade samples aimed to evaluate possible nugget effect. Sunrise compared the new results from the analysis of 1 kg bulk cyanide […]