Kavango Resources plc has returned a second high-grade gold intercept in a “gold-bearing structure” at Bill’s Luck gold mine on the Hillside project in Matabeleland, southern Zimbabwe. INVESTMENT Hole BLDDUG006 was drilled to a depth of 75.48 metres with assays showing grades of 13.60 grams a tonne over 10.40m from 64m to 74.40m. This also […]
Tag: metals and minerals
Kavango indicates ‘wider potential’ at Bill’s Luck
Kavango Resources plc reported “highly encouraging” results from underground drilling at Bill’s Luck gold mine on the Hillside project in Matabeleland, Zimbabwe. GOLD SYSTEM Operations are testing the strike and down-dip continuity of existing and newly discovered mineralised reefs. Intersections in a “gold-bearing structure” include from 47.36 metres to 51.72m of 11.79 grams a tonne […]
Conroy finds lode style outcrop near Corcaskea
Conroy Gold and Natural Resources plc has found a lode gold style mineralised outcrop, named McCully’s, outside the Clontibret gold deposit and near the Corcaskea gold target in County Monaghan, Ireland. ORIENTATION McCully’s outcrop lies 300m to the north of the closest drill hole at Clontibret and 200m to the south of Corcaskea. The company […]
Tertiary increases fundraise to £375,000
Tertiary Minerals plc has added £25,000 to its June fundraise through a directors’ subscription for new ordinary shares each of 0.01 pence, at 0.03 pence per new ordinary share. TVRs Managing director Richard Belcher and executive chairman Patrick Cheetham each subscribed for 33,333,333 ordinary shares, taking their holdings to 34,206,695 and 117,972,857 shares respectively. Non-executive […]
Kavango to process 50t/d gold at Bill’s Luck
Kavango Resources plc has started building a 50 tonne-a-day carbon in pulp (CIP) gold processing plant at the Bill’s Luck gold mine within its Hillside gold project in Zimbabwe. STOCKPILE The move follows the discovery last week of new gold “reefs”, which led the company to expect that the Bill’s Luck gold system is much […]
Alba defers Clogau blasting for operator
Alba Mineral Resources plc has deferred the next phase of underground blasting at Clogau-St David’s gold mine until late July when its principal blasting operator becomes available. MODIFICATIONS Operations are focused on the main Llechfraith target at the site in North Wales. Alba meanwhile continues preparations for the programme, including modifications for “greater penetration and […]