‘Tis the season to be cosy: with warming soup replacing any and every meal possible, cups of tea consumed seeing incredible month-on-month growth, and the need to wear several layers to nip out the door, the outside has entirely lost its appeal.
Our warm sofas and beds tempt us with the idyllic concept of a duvet-day, and all the complaints of being stuck inside feel like a distant memory – and perhaps it is for the best to avoid the rumoured ‘super cold’. Now that everything is back in full swing, our dormant immune systems are being put to full-time work again and they can’t quite keep up now that we are back to shaking hands with reckless abandon, causing a 1% increase in GP appointments for infections since last year. Even though it is just a normal seasonal cold, it is as good as an excuse as any to curl up in our warm havens with a hot mug or glass of wine to end the week – and perhaps a multivitamin on the side…
Client News:
Oracle Power PLC (AIM:ORCP)
Oracle also announced that the first phase of Reverse Circulation drilling has been successfully completed at the Northern Zone Gold Project, located 25km east of Kalgoorlie in Western Australia. 1,161 samples have been sent for analysis, building upon the geophysical analysis completed earlier this year which pointed to a new gold zone.
Prospex Energy PLC (AIM:PXEN) announced that CEO Mark Routh has written a letter to all shareholders to re-confirm the Board’s plans and vision for the company. Its strategy to become an operator focused on European development and production gas assets is being moved forward at pace.
Furthermore Prospex has announced plans to expand its portfolio with more gas to power projects, as well as optimising its current assets. The El Romeral power station in Spain is also about to undergo significant low-cost optimisation and upgrade work, which has the potential of more than doubling the station’s electricity generation output. The Selva field in Italy is expected to head for first gas in the first half of 2022. Read the full letter here.
Trident Royalties Plc’s (AIM:TRR) CEO Adam Davidson will conduct a live presentation on the Yellowstone Advisory platform on Wednesday 3rd November at 5.00pm GMT, which is open to both existing and potential shareholders. Register here and questions can be pre-submitted to [email protected].
Trident noted significant developments concerning two royalties held over the Warrawoona Gold Project in Western Australia, in which it holds a 1.5% net smelter royalty over. Following recent tenement reconciliation and re-pegging activity by the operator, Calidus Resources, Trident has confirmed a significant increase in the size of the tenure included in the royalty zone at Warrawoona. The royalty applies over a significantly enlarged area, covering a minimum of 16 high priority exploration targets and a mining license for an open pit gold mine which is under construction.
BlueRock Diamonds PLC (AIM:BRD) is please to announce its Q3 2021 production update. 7,682 carats have been produced over the period, representing another record quarter driven by quality high-grade kimberlite being mined and the new crushing plant at its flagship Kareevlei Diamond Mine. The transition to the new four-pan plant is due to be completed in October.
Bluerock also received an update on the Expansion Project and Mining Development with the year-to-date development tonnage at 997kt, which is 69% up on the 2020 figure.
Bluerock’s processing plant has also seen some improvements with an upgraded screen having been fitted on the new crushing circuit, and the first line is now operational. The overall plant is expected to be fully operational in early November.
GreenRoc Mining Plc (AIM: GROC) is pleased to report on the recently completed management site visit by two of its directors to the Amitsoq Graphite Project in Southern Greenland. Drill pad locations were confirmed for the next drilling campaign following completion of a maiden drilling programme in August 2021, which confirmed the existence of two significant and laterally continuous graphite horizons.
At the Kalaaq deposit, the average grade of graphite from channel sampling is 25.6%. The company is now creating a drilling plan with the objective of declaring a maiden resource at the deposit following these these excellent grades.
Kodal Minerals PLC (AIM:KOD) announced that high grade gold mineralisation has been returned from the re-split sampling for the reverse circulation drilling at the Nielle Project located in Cote d’Ivoire. Re-split sampling completed to confirm characteristics of gold mineralised zones returns shallow, high-grade gold mineralisation with grades up to 38.5g/t gold. This is highly encouraging and drilling will re-commence to extend the depth of the gold mineralised structures once access to the area is available again.
Furthermore, Kodal received a minor update to the progress of the mining licence application for the Bougouni Lithium project with the licence in the office of the prime minister awaiting final signature.
Alba Mineral Resources plc (AIM: ALBA)
Alba is also pleased to confirm the report on the dewatering of the Llechfraith Shaft, which consists of more than 70 pages, has been submitted to NRW and looks forward to updating the market on further material developments in the permitting process.
Tirupati Graphite PLC (LSE: TGR) has received clearance of its 211 application from the Financial Industry Regulatory Authority ahead of the cross listing of its Ordinary Shares for trading on OTCQX Markets under the ticker TGRHF. The Company will confirm the start of trading as soon as the OTCQX on-boarding process is completed.
You may have missed…
CEO of Oracle Power Naheed Memon spoke with Proactive Investors on the agreement signed with PowerChina for the joint development of a hydrogen production facility in Pakistan.
Shishir Poddar, Chairman and CEO of Tirupati Graphite, interviewed on Zak Mir’s Traders Café to discuss graphite production and its rising share price.
Kirk Adams, CEO of Greenroc, is interviewed by Justin Waite of Vox Markets, discussing the latest developments and future milestones
Kirk Adams is also Interviewed by Donald Leggatt of London South East, discussing the aims to fast-track its Greenland graphite and titanium projects
Bluerock Diamonds Executive Chairman, Mike Houston, is interviewed by Katie Pilbeam of Proactive Investors where they discuss the Q3 production updated, noting an incredible 38% production increase.
Adam Davidson, CEO of Trident Royalties, spoke on Sky News with Ian King on the company’s royalty strategy and future investment opportunities in the battery metals industry.
Adam Davidson also caught up with Proactive Investors to discuss the progress made at its Western Australian gold royalty and future developments at its other assets.
Read about Zinnwald Lithium’s (AIM: ZNWD) strategy to advance the development of one of Europe’s first operating lithium mines in Mining Maven.
In the news this week…
Banksy’s “Love is in the Bin” sells for a record 16m, previously sold for 1m and promptly half shredded itself to reveal the final look of Banksy’s creation
Read more about what is being dubbed as ‘the worst cold ever’ – and how to avoid it.
This weekend marks the end of London’s Film Festival – catch some of the films streaming here.
October is Black History Month in the UK.
Indigenous traditional owners in Australia win back ownership over the world’s oldest rainforest, the Daintree.
The London night tube is to be reinstated across two lines in response to petitioners.
