Oriole Resources plc released further results from the recently completed Phase II diamond drill programme at Bakassi Zone 1 on its 90%-owned Bibemi gold project in Cameroon. RESULTS The company completed Phase II drilling for 1,650.70m in 11 holes to test a 1km portion of Bakassi Zone 1, to infill previously reported mineralised zones identified […]
Tag: metals and minerals
Power Metal seeks more uranium sites at Athabasca
Power Metal Resources plc said it was looking for additional uranium properties in Canada and Africa following high grade exploration results from its interests surrounding the Athabasca Basin in northern Saskatchewan. TARGETS The company reported rock samples up to 3.86% U308 (38,600ppm) from three of seven of its 100% interests: Tait Hill, Thibault Lake and Cleawater. Phase I […]
Kavango survey indicates strong conductor at KSZ
Kavango Resources plc’s downhole electromagnetic (DHEM) survey has indicated a strong conductor at the Kalahari Suture Zone (KSZ), Botswana. INCREASE The 100%-owned project covers 16 prospecting licences over 8,831.1km2 including 14 licences over a “significant” portion of the 450km long KSZ magnetic anomaly in the southwest of the country. Kavango is exploring for copper-nickel-PGM rich sulphide […]
Hummingbird mobilises equipment at Kouroussa
Hummingbird Resources plc announced mobilisation of equipment and personnel along with further “significant” results at its gold mine at Kouroussa in Guinea. OPERATIONS The company aims to start construction in early January 2022 with first gold pour targeted by the end of Q2 2023. Hummingbird has appointed construction and engineering firm WACOM for the work […]
Oriole non-executive chairman John McGloin to leave
Oriole Resources plc announced its non-executive chairman John McGloin will step down. Mr McGloin, who joined the gold exploration company in September 2018, will become chief executive officer of Diamond Fields Resources Inc. He will remain as chairman until 28 February 2022 unless Oriole appoints a successor before then.
Caerus aims to become miner in 2022 at Troulli
Caerus Mineral Resources plc expects to transform from an explorer to a developer and miner in 2022 as it released drill and trench copper and gold analyses at Troulli in Cyprus. RESULTS The company added that drilling had delineated an economically viable gold oxide zone for near-term development with peak drill intercepts including 1.4g/t Au over […]