Galantas Gold Corporation announced it was conducting a new technical review of exploration work, including a proposed core drilling programme, at Cavanacaw mine in Omagh, Northern Ireland. The Canadian company has said its licensed area holds more than three million ounces of gold which is wants to “aggressively explore”. Galantas said that the exploration report […]
Tag: silver
Power Metal to drill at Silver Peak before winter
Power Metal Resources plc aims to start drilling for silver after signing a contract to test the Victoria Vein at the Silver Peak project in British Columbia, Canada. The project includes the Eureka-Victoria Silver Mine, the first Crown-granted mineral property in British Columbia. The drill programme is expected to be completed within a two-week window […]
Scotgold raises £3m to double mine production
Scotgold Resources has raised £3 million from a placing to double production and increase exploration during 2021 at its Cononish Gold and Silver Mine in Loch Lomond and Trossachs National Park. The company raised the funds before expenses by way of placing 2,727,273 depositary interests of no par value in the company (new ordinary shares) […]
Anglesey Mining appoints Micon for PEA at Parys
Anglesey Mining has appointed Micon International Ltd to conduct a preliminary economic assessment (PEA) on its base and precious metals project at Parys Mountain in Anglesey, North Wales. OPTIMISATION STUDIES Micon began its work on the copper-zinc-lead-gold-silver project at Parys Mountain in 2006. This has included preparation of the JORC compliant resource estimate in 2012 […]
Power Metal-Kavango start exploration in Ghanzi
Power Metal Resources plc and 50-50 strategic joint venture partner, Kavango Resources plc, have started exploration work for copper-silver deposits in South Ghanzi, Botswana. STRUCTURES The JV comprises two prospecting licences, PL036/2020 and PL037/2020, covering 1,294km2 in the Kalahari Copper Belt, immediately south of the district capital Ghanzi. Exploration will initially focus on soil sampling […]
Scotgold increases resource inventory ahead of first gold
Scotgold Resources Ltd said it was increasing its resource inventory in and around the Cononish Gold and Silver Mine where it expected first gold by the end of November 2020. Exploration work has focused on extending the soil sampling grid at Cononish as well as extensions to the soil sampling grids over the Beinn Udlaidh […]