Cora Gold Ltd reported a “world class” intersection with 19m @ 31.56 g/t Au from 65m at the Sanankoro gold project in southern Mali. The company added that its sixth set of drill results from the Phase 1 drilling at Zones A and C further reinforced the mineable quality of the Sanankoro gold structures. The […]
Tag: metals and minerals
Altona rules out Nankoma project
Altona Rare Earths plc has decided against exercising its option to acquire 51% of Leadway Group Ltd because it was unable to complete due diligence on the Nankoma project in Uganda. The company today said that Nankoma, a greenfield project, was considered a low-interest acquisition target by the board because there was no historical exploration data […]
Kanye identifies REE drill targets at Ditau
Kanye Resources plc has identified several drill targets following completion of geophysical and geochemical surveys at the rare earth elements (REEs) project at Ditau, Botswana. The 50-50 joint venture company between the operator Kavango Resources plc and Power Metal Resources plc, completed the surveys on 12 target areas. HIGH PRIORITY Kavango said that seven drill […]
Oriole confirms gold at all four Bibemi prospects
Oriole Resources plc confirmed gold at all four prospects and the potential for large-scale mineralisation at 8.3km-long orogenic system at Bibemi in Cameroon. The news followed the company’s final results for its recently completed initial diamond drill programme at the 51%-owned project. Best intersections from the remaining holes BBDD010 to BBDD029 include 3.10m grading 1.07 […]
Tertiary’s data deal ends as Kalkinnen PGM permit is cancelled
Tertiary Minerals plc said that the reservation notice for an exploration permit (licence reservation) over the Kalkkinen platinum group metal prospect in Finland has been cancelled on environmental grounds. AGREEMENT This will end Tertiary’s agreement to sell data rights and intellectual property over Kalkkinen to unlisted explorer Element-46 Ltd (E46) in exchange for a 2% […]
Altona signs exclusive deal for Monte Muambe
Altona Rare Earths plc is to acquire its first rare earths asset after signing an exclusive acquisition deal for the Monte Muambe project in Tete Province, northwest Mozambique. PROGRAMME The company entered into an agreement with Ussokoti Investimentos Limitada for up to 70% of the project via a farm-in arrangement. Altona has also started its […]