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First Class Metals announce asset sale to fund further exploration

First Class Metals announce asset sale to fund further exploration

First Class Metals PLC (LSE:FCM) has successfully sold its McKellar and Enable properties to Seventy Ninth Group Limited ("79th Group") for a combined £270,000. Alongside this sale, FCM has secured a 12-month loan of £230,000 from the 79th Group. This sale is a part...

Gold continues to defy the trend

Gold continues to defy the trend

Gold prices have been soaring in 2024, reaching all-time highs in May breaking US$2400/t. This surge is notable because it's happening despite a strong U.S. dollar performance and rising equity markets, which usually have an inverse relationship with gold. This is...

Mining experts unite for 121 Mining Investment Conference

Mining experts unite for 121 Mining Investment Conference

As the 121 Mining Investment Conference kicks off today, mining leaders from around the world converge in London for this premier event spanning from May 15th to 16th. Building on the success of previous years, the conference aims to draw in a diverse array of...

Kavango signs Karakubis drill contract with confidence

Kavango signs Karakubis drill contract with confidence

Kavango Resources (LSE:KAV) has signed a drilling contract to fast-track the first phase of stratigraphic drilling at its significant Kalahari Copper Belt located within its Karakubis Project in western Botswana. Terms & conditions The contract seeks approval for...

Kavango’s recent Hillside results yield potential

Kavango’s recent Hillside results yield potential

Kavango Resources (LSE:KAV) has returned significant assay results from scoping hole NSDD001 at Prospect 3, located within its Hillside Gold Project in Zimbabwe. This news complements Kavango's decision to revise its Hillside Call Option. Figure 1: A section looking...

Kavango Resources updates Hillside Call Option

Kavango Resources updates Hillside Call Option

Kavango Resources (LSE:KAV) has announced the finalisation of the sale and purchase agreements for Hillside and Leopard South on improved commercial terms, as it looks to consolidate ownership of a significant landholding ripe for large-scale gold mining endeavours....

Power finishes Molopo drilling on a high

Power finishes Molopo drilling on a high

Power Metal Resources (AIM:POW) has finished drilling DDH1-14C within its Molopo Project in Botswana, reaching an impressive final depth of 832.6 metres and intersecting with the desired steeply dipping geophysical superconductor. The Molopo Farm Complex commenced in...