Galantas Gold Corporation announced that its common shares have qualified to trade on the OTCQX® Best Market (OTCQX) for its operations at Cavanacaw mine in Omagh. US INVESTORS The Canadian company’s chief executive and director Mario Stifano said that the OTCQX listing in the United States marked an important milestone for the company. “Our decision to cross-trade […]
Tag: metals and minerals
Conroy Gold advances JV talks over gold licences in Ireland
Conroy Gold and Natural Resources plc said that the definitive agreements for the proposed joint venture with Demir Export A.S. have reached an advanced stage for the 65km district-scale gold trend in the Longford-Down Massif in Ireland. LICENCES The company added that following completion of documentation an EGM would be held to seek shareholder approval. […]
Power Metal signs Pilot tungsten option
Power Metal Resources plc has signed a strategic option agreement to acquire a 100% interest in the tungsten-copper-silver-zinc Pilot Mountain project in Nevada. EXPLORATION The 5,908-acre project comprises four existing mineral deposits of Garnet, Good Hope, Gunmetal and Desert Scheelite which all hold “significant skarn-style tungsten-copper-silver-zinc mineralisation”. Pilot lies 200km southeast of Reno and hosts a […]
Cornish Metals extends strike length of United Downs lode
Cornish Metals Inc said it had traced the known strike length of the UD lode, formerly known as the Lithium lode, to more than 200m at the United Downs project in Cornwall. The company added that the mineralisation remained open along strike. The UD lode has been intersected in five of the six drill holes […]
Caerus agrees Troulli JV and review of Cyprus projects
Caerus Mineral Resources plc said that the Troulli copper project in Cyprus had been selected for a joint venture with Bezant Resources plc. TROULLI The two companies will hold site meetings during the first two weeks of September to review the project comprising the Troulli, Kokkinapetra and Anglisides licences. The partners will also agree a programme for diamond drilling […]
Oriole’s expenses rise as pre-Covid activities resume
Oriole Resources plc’s expenses increased during H1 2021 with the resumption of full-time wages and exploration activities following Covid-19 cost-saving measures at the company’s projects in West Africa. FINANCES Oriole’s projects progressed at Bibemi and Central Licence Package in Cameroon and Senala in Senegal. In its interim results to 30 June 2021, the group recorded […]