Scotgold Resources Ltd has increased it production guidance after completing delayed work on power and ventilation at the Cononish gold-silver mine near Tyndrum in Scotland. PRODUCTION The Australian company’s report for the three months ended 30 September 2022 showed gold production of 2,004 ounces under September’s revised guidance. The new guidance followed delays to improve access, […]
Tag: metals and minerals
Corcel looks to expand with PNG gold-copper
Corcel plc has applied for a gold-copper tenement covering 464 km2 vacant ground in Papua New Guinea (PNG). TENEMENT The company’s wholly owned subsidiary Niugini Nickel Pty Ltd (NN) submitted the application for a total 136 graticular sub-blocks. The site covers the Star Mountains gold-copper exploration project and has undergone “considerable work” by Highlands Pacific […]
Anglesey assays indicate extensive mineralised system
Anglesey Mining plc’s reported further representation of an extensive mineralised system from multiple broad intercepts at its Parys Mountain polymetallic project on Anglesey. FINAL HOLES The company, exploring for copper, zinc, lead, silver and gold volcanic massive sulphide deposits, drilled a total of ten holes as part of the 2022 infill drilling programme. Today’s published […]
Corcel signs Mt Weld rare earths option
Corcel plc has signed an exclusive 45-day option to acquire 100% of the rare earth element (REE) project within P38/4489, or Mt Weld, near Laverton in Western Australia. FEATURES The granted mineral tenement lies 1.4km (0.9 miles) west-north-west of Lynas Rare Earths Ltd’s Mt Weld mine. The project covers 171 hectares and the mine access road […]
Cora granted Sanankoro environmental permit
Cora Gold Ltd has been awarded an environmental permit for its flagship Sanankoro gold project in southern Mali. YANFOLILA The grant follows the completion and submission in July 2022 of the environmental and social impact assessment (ESIA) for the project. Located in the Yanfolila gold belt, Sanankoro comprises five contiguous permits of Bokoro II, Bokoro Est, […]
Corcel raises £200,000 via placing to NPC
Corcel plc has raised £200,000 gross from issuing 50,000,000 new ordinary shares of £0.0001 each at £0.004 to its proposed joint venture partner Shangdong New Power COSMO AM&T (NPC). BOARD The company has also issued one warrant for every one share exerciseable at £0.005 at any time over the next year. On admission, Corcel’s total issued share capital will comprise 580,208,295 ordinary […]