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.
Tag: precious metals
Hummingbird resumes 24-hour operations at Yanfolila
Hummingbird Resources plc announced it had resumed 24-hour operations and lowered production guidance from its Yanfolila gold mine in Mali. SECURITY After a stoppage of approximately six days, the company said it was in the process of returning the mine to a more normalised level of production. Increased security is in place but has caused […]
New Ballarat starts inaugural diamond drill in Victoria
New Ballarat Gold Corporation plc (NBGC) has started its inaugural diamond drill and added a new 489km2 exploration licence in the Victoria gold fields, Australia. NEW LICENCE The joint venture company is between Red Rock Resources plc (50.1%) and Power Metal Resources plc (49.9%). New Ballarat owns 100% of local operating subsidiary Red Rock Australasia Pty […]
Galantas identifies potential dilation zone in Joshua vein
Galantas Gold Corp has identified potential greater widths of mineralisation as it announced further high grade results from its 4,000m drill programme at Cavanacaw mine in Omagh, Northern Ireland. INTERSECTIONS The Canadian company is increasing high-grade resources at the Joshua and Kearney veins, which remain open on strike and to depth, while also producing gold. […]
Cora Gold advances DFS for Sanankoro
Cora Gold Ltd said it was making excellent progress with the definitive feasibility study (DFS) ahead of £25 million funding for the Sanankoro gold project in southern Mali. WORK PROGRAMME Cora added that hydrogeological and geotechnical drilling programmes, as well as geotechnical test pits, have begun on site which lies in the Yanfolila gold belt. […]
Red Rock progresses Kenya gold exploration
Red Rock Resources plc has progressed exploration drilling at its gold licence interests in southwest Kenya. WESTERN LICENCE The company holds a 75% direct interest in Mid Migori Mining Company Ltd which controls a 723 koz JORC gold resource within two exploration licences in the Migori greenstone belt. The asset comprises the Mikei resource with […]