Cadence Minerals plc said it had now vested its 27% of the Amapa iron ore project in Brazil. SECOND STAGE The company completed all necessary documents for its second stage of investment to acquire a further 7% (US$3.5m) of Pedra Branca Alliance (PBA). PBA is the Cadence and IndoSino (73%) joint venture company, which owns […]
Tag: metals and minerals
Oriole identifies multiple gold-in-soil anomalies at CLP
Oriole Resources plc said it had outlined grades of multiple gold-in-soil anomalies from soil sampling results in a historically unexplored area at its Central Licence Package (CLP), Central Cameroon. PROGRAMME The company owns 90% of the district scale CLP which comprises eight contiguous licences covering 3,592 km2 prospective for orogenic-style gold mineralisation. Initial results are from […]
Conroy Gold to start step-out drilling for 3,000m at Clontibret
Conroy Gold and Natural Resources plc said it aimed to start a step-out drilling programme in late April at its joint venture Clontibret gold project in Ireland. PROGRAMME Turkish partner and operator Demir Export A.S. will drill eight holes totalling some 3,000m. The programme is part of the JV’s plans to explore and develop further […]
Condor’s drill results show gold continuity at La Mestiza
Condor Gold plc said results from a 8,004m infill diamond drill programme of 96 holes demonstrated continuity in gold mineralisation at La Mestiza open pit at La India project in Nicaragua. DRILL PROGRAMME The company added that results were consistent with previous drilling grades and widths. This shows “excellent” continuity in gold mineralisation between adjacent […]
Corcel progresses PNG cobalt-nickel projects
Corcel plc announced progress with its cobalt-nickel projects in east and southeast Papua New Guinea (PNG). MAMBARE The company said its application for a Mambare mining lease is undergoing its final government review, which was likely to be the last step in the process. Corcel is also advancing the project to direct shipping ore (DSO) […]
Oriole marks ‘bounce-back year’ for Africa gold portfolio
Oriole Resources plc said it had started the year in a strong position after a successful 2021 for its gold portfolio in Africa and copper-gold interests in Turkey. FINANCES In its final results for the year ended 31 December 2021, the company reported funds of £2.43 million to allow £1.78m of direct exploration expenditure in Cameroon. Oriole recorded […]