Altus Strategies plc announced more encouraging with one exceptional high grade results from reverse circulation (RC) drilling at its 100% owned Diba gold project in western Mali. RESULTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The RC programme is designed to expand and infill the existing Diba resource, […]
Tag: metals and minerals
Caerus completes acquisition of Cyprus licences
Caerus Mineral Resources plc has completed the acquisition of Gold Mines (Cyprus) Ltd (GMCL) for £300,000. FUNDS The purchase was funded by the recent disposal of the Black Pine nickel-cobalt project and associated licences. NEW LICENCES Caerus said that the three new licences of Anglisides, Pano Lefkara and Layia had a legacy of small-scale mining and host ore stockpiles, […]
Power Metal nears diamond drilling at Haneti
Power Metal Resources plc has completed plans for a diamond drill campaign at the 5,000km2 nickel-copper-cobalt-platinum group metals (PGMs) joint venture Haneti project in central Tanzania. DRILL PLANS In April, the company’s partner Katoro Gold plc (65%) began the plans which considered all exploration results and extensive technical consultation. Katoro will now submit the drill […]
Horizonte publishes 2020 sustainability report
Horizonte Minerals plc has published its 2020 sustainability report focusing mainly on the Araguaia ferronickel project with additional data from the Vermelho nickel-cobalt project and corporate head office in Brazil. MAIN POINTS The company highlighted key achievements including no work-related Covid-19 transmissions, no lost time injuries and fatalities and no environmental incidents. In April 2020, […]
Altus completes drinking water project near Diba
Altus Strategies plc has completed the first phase of a long-term community development programme (CDP) at the company’s Diba gold project in western Mali. DRINKING WATER The company initially consulted local community representatives in Diba on which priorities the CDPs would have the most impact. Discussions identified critical themes in health and education, which became […]
Hummingbird finds ‘excellent’ gold grades at depth
Hummingbird Resources plc reported continued “excellent grades at depth” from the exploration drilling programme at the Komana East (KE) deposit at the Yanfolila gold mine, Mali. CONFIDENCE Drill testing the northern extension of the KE ore body aims to increase the resources and confidence for future KE underground (KEUG) mining potential. The company said that […]