Conroy Gold and Natural Resources plc assays showed a gold intersection extending 40.5m at 1.2 g/t gold at Clay Lake in County Armagh, Northern Ireland. CONTINUITY The results are from the first of eight holes in step-out drilling for 2,000 metres on the Derryhennet section on the Longford-Down Massif. The drill hole lies 200m southwest […]
Tag: extractive industries
GreenRoc signs MoU for Amitsoq mine work
GreenRoc Mining plc has signed a memorandum of understanding to explore civil, mining and/or logistics work and commercial opportunities for the Amitsoq graphite project in southern Greenland. PROJECTS The MoU is with construction and mining group Leonhard Nilsen & Sønner A/S (LNS) which is the potential sub-contractor during the construction and operational phases. GreenRoc said […]
GreenRoc Mining raises £550,000 via placing
GreenRoc Mining plc has raised £550,000 by placing 15,714,287 new ordinary shares of 0.1 pence each at a price of 3.5 pence per placing share. Following the issue of the placing shares, the company’s total issued share capital will be 134,314,288 ordinary shares of 0.1 pence each, with voting rights. USES GreenRoc will use net […]
Conroy identifies second gold trend
Conroy Gold and Natural Resources plc has discovered a second gold trend in the Longford-Down Massif after linking a new gold target to one found last month. SKULLMARTIN FAULT Assay results reported today from gold-in-soil sampling on prospecting licence 4554 in County Monaghan showed values greater than 10 parts per billion (ppb) gold over a […]
Galantas to add potential 20,000 oz gold from lower levels at Cavanacaw
Galantas Gold Corp plans to extract a potential 20,000 ounces gold a year from the dilation zones at the lower levels of Cavanacaw mine in Omagh, Northern Ireland. MINERAL RESOURCE ESTIMATE The Canadian company, which said it still lacked qualified underground miners, has also completed its first drill hole from underground on a third vein […]
Helium One appoints Kai Gruschwitz as technical director
Helium One Global Ltd has appointed Kai Gruschwitz as technical director. The company said it had issued 3,000,000 ordinary share options to Mr Gruschwitz. These will vest in three equal tranches over the next three years and are exercisable at 6.25p per share, a premium of 16.8% to the closing share price on 22 February […]