Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold exploration and development company focused on Ireland and Finland, is pleased to announce that following gold assay data pertaining to the original antimony mine workings at Clontibret becoming available, it has been possible to relate the occurrence of four gold bearing lodes, within the 48m of the Tullybuck drift, in the historical underground workings.
W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, is pleased to announce an increase in the grades and upgrade in resource categorisation of its JORC (2012) resource for La Parrilla, with an upgraded resource report completed by Golder Associates, following a successful programme of infill drilling in 2016.
Further High Grade Gold-Copper Mineralisation Reported from Infill and Extension Drilling at the Hot Maden Project, NE Turkey.
Mariana Resources Limited (‘Mariana’ or ‘the Company’), the TSX.V and AIM (MARL) listed exploration and development company with projects in Turkey, South America, and Ivory Coast, is pleased to provide the following update on the ongoing diamond drill program at the high grade Hot Maden gold-copper project in NE Turkey.
Sula (AIM: SULA), the gold exploration company focused on Sierra Leone, is pleased to announce the completion of the current diamond drilling campaign with a total of 14 drillholes for 3,788.5m from select locations across the Company’s 100% owned, flagship Ferensola Gold Project.
London-listed Stellar Diamonds has secured a two-month extension to the longstop dates with the noteholders of its two outstanding convertible loan notes.
The World Bank has called on Botswana to make details of its large mining contracts with companies public to improve transparency in the diamond rich country’s business dealings, which will make for interesting reading for many AIM listed companies.
A surge in copper stockpiles tracked by the world’s top base-metals bourse is reigniting concerns about demand for the material that’s often viewed by investors as a bellwether for the global economy. A 40% jump in inventories monitored by the London Metal Exchange in just three days comes amid concerns about China’s slowing industrial activity. Prices of copper, referred to as the metal with a Ph.D in economics, are trading near a four-month low.