Alba Mineral Resources plc recorded an increase in losses following the AIM listing of its investee company GreenRoc Mining and increased exploration activities. INTERESTS The company’s interim results for six months ended 31 May 2022 incorporate Alba’s subsidiaries operating in Wales (gold) and Limerick (lead and zinc) as well as investments in Greenland (graphite and […]
Tag: extractive industries
Kavango identifies prospective copper drill target at Mamuno, KCB
Kavango Resources plc said it had identified a large drill target prospective for copper on its Mamuno project area in the Kalahari Copper Belt (KCB), Botswana. MAMUNO The Mamuno project area comprises four of the company’s licences – PL046/2020, PL049/2020, PL052/2020, PL053/2020 – held in a 50-50 joint venture with Power Metal Resources plc. Kavango […]
Kavango identifies gold mineralising system at Ditau REE project
Kavango Resources plc said it had identified a gold mineralising system from analytical results, including gold fire and whole rock assays, at the Ditau Camp rare earth element project, southwest Botswana. ZONE OF INTEREST The company added that analyses from hole DITDD004, drilled to 393.29m on Target i10, showed the presence of gold associated with […]
Kavango identifies two major drill targets at KCB licence, Botswana
Kavango Resources plc has confirmed two major drill targets at its Kalahari Copper Belt (KCB) licence PL082/2018 in Botswana. JOINT VENTURE The company is earning in a 90% interest in prospecting licences PL082/2018 and PL083/2018 covering 1,091km2. The licences are held in a joint venture with LVR GeoExplorers (Pty) Ltd. TARGETS The company identified the […]
Cornish Metals intersects high grade mineralisation at United Downs
Cornish Metals Inc said it had intersected multiple high grade copper-tin-zinc mineralised zones based on the remaining results from Phase I drilling at its United Downs project in Cornwall. TARGETS The results include those from the Mount Wellington and United Mines targets within the project which lies some eight kilometres east of the South Crofty […]
Kavango Resources co-founder Mike Moles to retire from board
Kavango Resources plc’s co-founder and non-executive director Mike Moles will retire from the board effective from 31 August 2022. He will continue as a consultant to the company until 28 February 2023. Mr Moles and Hillary Gumbo founded the company which Companies House lists as F2D Minerals Ltd incorporated in 2017, before becoming Kavango in […]