Hummingbird Resources plc said it was assessing risks to its supply chain and business in Mali following sanctions imposed on the country. RESTRICTIONS The company owns the Yanfolila open pit gold mine in southern Mali, which poured first gold in December 2017. The Economic Community of West African States (ECOWAS) imposed sanctions in response to […]
Tag: metals and minerals
Hummingbird starts construction at Kouroussa
Hummingbird Resources plc has started construction following mobilisation of equipment and personnel at its Kouroussa gold project in Guinea. PREPARATIONS The news comes as the company also announced results from further assays of the 2021 resources and reserves infill drilling programme, including a hole of 24 metres at 5.33 g/t. Hummingbird has started ground clearing works for key […]
Galantas to start gold production at end of Q1 at Cavanacaw
Galantas Gold Corporation said it expected to start production at the end of Q1 2022 at its gold mine in Cavanacaw, Omagh, Northern Ireland. GUIDANCE The Canadian company is targeting 9,000 ounces of gold in concentrate produced at an average head grade of 5.50 g/t at an all in sustaining cost (AISC) of US$1,150 per […]
Oriole sampling results extend Bakassi Zone 1 at Bibemi
Oriole Resources plc said that recent results from a completed soil sampling programme showed continuity of a gold system at its 90% owned Bibemi project in Cameroon. PROGRAMME Soil sampling was completed for 1,455 samples over the southern half of Bibemi, extending and infilling historical regional sampling grids. Results have returned up to 271 ppb […]
Red Rock encouraged by Mikei drill results
Red Rock Resources plc said it was extremely encouraged with initial results from its exploration drill programme in the mid-KKM prospect at the Mikei gold project, Kenya. PROGRAMME In its 2021 Phase 1 reverse circulation drilling, the company completed 20 drill holes for 2,093 metres. Today’s results are from nine holes and comprise the first […]
Red Rock acquires gold projects in Burkina Faso
Red Rock Resources plc has acquired two prospective exploration projects covering 348 km2 in the prolific Boromo and Banfora Greenstone Belts, southwest Burkina Faso. BILBALE AND BOULON The company said that Bilbale (183.62 km²) and Boulon (164.28 km²) had artisanal activity which showed evidence of the presence of high grade gold. The assets are held by […]