Proactive mining highlights: Thor Mining, Condor Gold, W Resources, Altus Strategies…


Thor Mining PLC (AIM:THR, FRA:T5MC, OTCQB:THORF, ASX:THR) as kicked off drilling operations at the Kapunda Copper in-situ recovery (ISR) project in South Australia.

Earlier in the week, Thor said it has appointed Mark Potter as non-executive chairman of the company with immediate effect.

Condor Gold PLC (AIM:CNR, TSX:COG, FRA:W5XA, OTC:CNDGF) said assays from drilling at the Cacao prospect in Nicaragua identified a gold vein system over 1,000m long and 10m wide.

Greatland Gold PLC (AIM:GGP, OTC:GRLGF, FRA:G8G) is to expand its footprint in the Paterson Province, Western Australia, with the acquisition of a package of tenements located strategically between the firm’s Havieron project and Newcrest’s Telfer property.

Galileo Resources PLC (AIM:GLR, FRA:2GA) said all conditions have been met in its deal with Sandfire Resources for the Kalahari copper belt licences in northern Botswana and the transaction is expected to complete on September 22.

Condor Gold PLC appointed Jair Diaz Navarro as a senior mining engineer to work at its fully permitted La India project in Nicaragua.

Kavango Resources PLC (LSE:KAV) renewed its two prospecting licences for the LVR project in the Kalahari Copper Belt (KCB) in Botswana and said, elsewhere in the country it has requested a hole to be extended to help it refine its model of its the Kalahari Suture Zone (KSZ).

Oriole Resources PLC (LSE:ORR, FRA:S1Y) said the final assays from drilling at Fare in Senegal confirmed the continuation of gold mineralisation in the far south of the prospect.

Earlier in the week, Oriole said a phase 2 diamond drilling programme will soon begin at its 90%-owned Bibemi gold project in Cameroon.

Power Metal Resources PLC (AIM:POW, FRA:2M5) has staked a claim in four uranium exploration properties comprising seven licences surrounding the Athabasca Basin in Saskatchewan, Canada.

Earlier in the week it said it is getting increasingly optimistic about the Wallal Project in the Paterson region of Western Australia.

Empire Metals Ltd (AIM:EEE) said further drilling is required at the Eclipse gold project in Western Australia to gain a better understanding of the project’s gold mineralised system.

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, FRA:RTZ, OTCQX:PAFRF) posted a record profit due to higher gold production as it proposed its highest ever dividend.

Eurasia Mining PLC (AIM:EUA, FRA:EUH) said a detailed mining plan has been completed for the first five years of the life of the Loipishnune open pit and the West Nittis open pit, both of which form part of the Monchetundra project.

Oracle Power PLC (AIM:ORCP) announced it started drilling at the Northern Zone Gold Project, located near Kalgoorlie in Western Australia.

Jubilee Metals Group PLC (AIM:JLP, FRA:JI5, JSE:JBL, OTC:JUBPF) announced three acquisitions that will see the metals processing company increase its interests in its copper and cobalt tailings projects in Zambia.

Bradda Head Holdings Ltd (AIM:BHL) will change its name to Bradda Head Lithium Ltd to better reflect the company’s business and focus.

W Resources PLC (AIM:WRES) said production increased in August at its La Parilla tungsten and concentrate mine in Spain and it expects to hit its full-year output target for concentrate.

Kavango Resources on Tuesday said it has unearthed what appears to be signs of copper mineralisation in pyroxenite at 651m from surface at its Kalahari Suture Zone (KSZ) exploration project in Botswana.

IronRidge Resources Ltd (AIM:IRR, FRA:BSG) announced final high-grade lithium pegmatite drill intersections at new targets adjacent to the Ewoyaa lithium project in Ghana.

AEX Gold Inc (AIM:AEXG, TSX-V:AEX, FRA:2NQ) said it has strengthened its exploration team significantly with a number of new appointments.

Caerus Mineral Resources PLC (LSE:CMRS) announced that an on-site review of all the targets inside the proposed joint venture with Jubilee Metals Group PLC and Bezant Resources PLC (AIM:BZT, FRA:BN5) has now been completed.

Caerus also released results from due diligence scout drilling on the recently acquired Pano Lefkara licence located in the Republic of Cyprus.

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) expects to receive its first royalty income payment this month from its effective 0.418% net smelter return royalty interest on the Caserones copper mine in Chile.

On Monday, Horizonte Minerals PLC (AIM:HZM, TSX:HZM, OTC:HZMMF, FRA:H5W) said it won approval from the Danish and Finnish export credit agencies for the funding of its Araguaia ferro-nickel project in Brazil.

Salt Lake Potash Ltd (AIM:SO4, ASX:SO4, OTC:WHELF, LSE:SO4) appointed highly experienced mining executive Isak Buitendag as new CEO as it moves to progress its flagship Lake Way Sulphate of Potash (SOP) Project in Western Australia.

Panthera Resources PLC (LSE:PAT) released assay results for the exploration drilling programme at the Labola (Wuo Land) project in Burkina Faso.

Castillo Copper Ltd (LSE:CCZ, FRA:7OR, ASX:CCZ) will mobilise its drilling crew will to the Arya Prospect in the final week of September 2021.

Bezant Resources PLC entered into a conditional agreement with IDM Mankayan Pty Ltd, a company incorporated in Australia, to take the Mankayan project in the Philippines forward.

ECR Minerals PLC (AIM:ECR, FRA:IZGH) told investors it has acquired a property within its Bailieston licence area in Victoria, Australia.

AfriTin Mining Ltd (AIM:ATM, FRA:9IA) produced 185 tonnes of tin concentrate from its Uis mine in Namibia during the second quarter of 2021, beating target levels for the third consecutive quarter.


Please enter your comment!
Please enter your name here