Kavango Resources plc has confirmed two major drill targets at its Kalahari Copper Belt (KCB) licence PL082/2018 in Botswana. JOINT VENTURE The company is earning in a 90% interest in prospecting licences PL082/2018 and PL083/2018 covering 1,091km2. The licences are held in a joint venture with LVR GeoExplorers (Pty) Ltd. TARGETS The company identified the […]
Tag: metals and minerals
Galantas feels cost pressures but cuts losses
Galantas Gold Corp has reduced losses but recorded no sales revenue as it experiences pressure from fuel, energy and labour costs at its gold mine at Cavanacaw in Omagh, Northern Ireland. FINANCES The Canadian company’s results for Q2 2022 showed net loss as CAD$1,580,168 (Q2 2021: $2,888,568). Galantas made a cash loss from operating activities […]
Power Metal completes Pilot-Garfield surveys
Power Metal Resources plc said it had completed geophysics surveys ahead of selecting target areas for drilling at its precious and base metal projects in Nevada, USA. PROJECTS The company’s subsidiary (83.13%) Golden Metal Resources plc, holds 100% of the Pilot Mountain, Garfield and Stonewall projects, and a right to earn-in to a 100% interest […]
Cornish Metals intersects high grade mineralisation at United Downs
Cornish Metals Inc said it had intersected multiple high grade copper-tin-zinc mineralised zones based on the remaining results from Phase I drilling at its United Downs project in Cornwall. TARGETS The results include those from the Mount Wellington and United Mines targets within the project which lies some eight kilometres east of the South Crofty […]
Kavango Resources co-founder Mike Moles to retire from board
Kavango Resources plc’s co-founder and non-executive director Mike Moles will retire from the board effective from 31 August 2022. He will continue as a consultant to the company until 28 February 2023. Mr Moles and Hillary Gumbo founded the company which Companies House lists as F2D Minerals Ltd incorporated in 2017, before becoming Kavango in […]
Alba renews exploration licence at Limerick zinc-lead project
Alba Mineral Resources plc has renewed its mineral exploration licence until 26 May 2024 ahead of follow-up drilling at its 100% owned base metals project in Limerick, Ireland. TERMS This is the second time the company has renewed the PL3824 which lies in the Irish zinc ore field hosting a number of high-grade zinc-lead deposits. […]