Altus Strategies plc has begun a 11,300m to expand the mineral resource estimate (MRE) at its 100% owned Diba gold project in western Mali. TESTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The drill campaign comprises 10,000m reverse circulation (RC) and 1,300m diamond drilling (DD) and follows the […]
Tag: metals and minerals
Oriole identifies multiple gold targets in eastern CLP
Oriole Resources plc has identified multiple gold targets in its three of the easternmost licences in its 90% owned Central Licence Package (CLP) in Cameroon. RESULTS The district-scale CLP comprises eight contiguous licences covering 3,592 km2 prospective for orogenic-style gold mineralisation. During Q2 2020, the company began a mapping and stream sediment sampling programme which gave initial […]
Edenville to increase production at Rukwa coal mine
Edenville Energy plc announced it was increasing mining and processing following site preparations at the Rukwa coal mine in Tanzania. PRODUCTION More than 400 tonnes of coal were processed during the last two weeks of September 2021, similar to the whole of H1 2021. The company, which raised £2.475 million at the end of May […]
Altus notes more than 1 million gold oz at Tabakorole
Altus Strategies plc announced an updated JORC compliant mineral resource estimate (MRE) of more than a million gold ounces at the Tabakorole in southern Mali. RESOURCE ESTIMATE The company holds a 49% equity interest and 2.5% net smelter return (NSR) royalty on the project with exploration funded by Marvel Gold Ltd (51%). The MRE shows […]
WCM undergoes site visit after public inquiry ends
West Cumbria Mining Ltd (WCM) was due to undergo a site visit today by the Planning Inspectorate for the company’s plans for a coking coal mine off the coast of Whitehaven. DECISION WCM proposes to mine the coal which would be processed at the former Marchon chemical works site in Whitehaven for the steel making […]
Kavango raises £31,681 through warrant exercise
Kavango Resources plc raised £31,681.84 after receiving notices to exercise warrants over 745,455 new ordinary shares of £0.001 each in the company. The warrant shares are being issued pursuant to the exercise of warrants granted and announced on 1 December 2020.