Karelian Diamond Resources plc has intersected rock material, “associated with diamond-bearing kimberlite provinces globally” at the anomaly 5 target in Kuhmo, Eastern Finland. LAMPROITE The company noted that global diamond-bearing kimberlite provinces include the world-class Argyle and Ellendale diamond mines in Kimberley, Western Australia. Two of the three holes, drilled in a “swampy area only […]
Tag: metals and minerals
Metals expands acreage at La India
Metals Exploration plc has added four “highly prospective” exploration concessions adjacent to its La India gold project in Nicaragua. TARGETS The awarded licences, comprising La Grecia, San Cristobel, Dos Hermanos and Las Cruces, cover a combined 64,400 hectares. La Grecia includes historical gold workings and “numerous” other gold targets, previously explored by Newcrest Mining Ltd. […]
Dugbe gold project draws third-party interest
Hummingbird Resources plc said that two non-binding expressions of interest had been submitted to acquire its 53% owned investee developing the Dugbe gold project in Liberia. DISCUSSIONS Operator Pasofino Gold Ltd is currently conducting a strategic review aimed at securing financing to advance a definitive feasibility study. The Canadian company is also in discussions with […]
Anglesey shareholders oust chairman John Kearney
Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Tungsten West appoints new NEDs
Tungsten West plc has appointed Guy Edwards, Adrian Bougourd and Kevin Ross as non-executive directors with immediate effect. KEVIN EDWARDS Kevin Edwards’s experience within the aggregates industry includes previous CEO positions at Aggregate Industries UK and Aggregate Industries USA. He was also managing director of Midland Quarry Products and has 25 years’ senior management experience […]
Anglesey to send Parys drill samples for assay
Anglesey Mining plc said it expected to submit drill core samples for assay later this month from its copper-zinc-lead-silver-gold project at Parys Mountain on Anglesey, North West Wales. DRILLING Infill drilling of the White Rock and Engine Zone deposits continues with four of the nine planned holes finished and the fifth due for completion towards […]