Galantas Gold Corporation said it remained on course for production next month and reaffirmed the potential for higher widths of mineralisation at Cavanacaw mine in Omagh, Northern Ireland. RESULTS The Canadian company’s results from four holes of its 4,000m drill programme from the underground development at the Kearney vein include: – FR-DD-22-UG-183 intersected a new […]
Tag: metals and minerals
GreenRoc increases exploration target to 5-15Mt at Amitsoq graphite project
GreenRoc Mining plc announced a “significant increase” to the exploration target for the Amitsoq Island graphite deposit in southern Greenland. ESTIMATES The company’s Amitsoq project hosts one of highest-grade graphite deposits in the world. The initial resource estimate in May 2021 in a tonnage range of 1.7 Mt-4.5 Mt at a grade range of 24-36% […]
Power Metal restructures Australia subsidiary
Power Metal Resources plc has restructured its subsidiary with interests in Australia by acquiring 100% of Pardoo Resources Pty Ltd holding gold-copper interests in the Paterson Province. STRUCTURE Power Metal owns 83.33% of First Development Resources (FDR UK). Pardoo is an Australian exploration holding company which holds projects in trust for First Development Resources Pty Ltd (FDR Australia). In 2021, […]
Horizonte awards earthworks contract for Araguaia
Horizonte Minerals plc has awarded the earthworks contract to Copa Construção S.A. for the construction of its 100%-owned Araguaia ferronickel project in Brazil. COPA Copa’s experience in mining projects and civil infrastructure projects includes roads, viaducts, hydroelectric power plants, ports, airports and transmission lines. The company has a portfolio of more than 2.5 billion cubic […]
Caerus notes ‘ready-made’ drill targets
Caerus Mineral Resources plc reported high grade gold assays made for a target ready to drill at its Kambia – Kapedes copper-gold project in Cyprus. KAMBIA The Kambia mine operated between 1952 and 1960 primarily as a pyrite mine and the Kokkinovounaros (Red Hill) auriferous gossan was discovered and mined for a short time during the 1930s. […]
Cora identifies new gold discoveries at Sanankoro
Cora Gold Ltd said it had identified two new gold discoveries from the first results of the 2022 drill programme at Sanankoro in southern Mali. DEVELOPMENT The campaign comprised 11 aircore shallow holes for 897m and 78 reverse circulation holes for a total 6,992m. Operations included 4,958m at Zone B North; 1,092m at Selin South, […]