| Client news:
Quantum Exponential Group Plc (AQSE:QBIT), who is focused solely on investment opportunities in quantum technology and the wider quantum computing sector, listed in London on Monday and CEO Martin Schwedler had an interview with Sky News’ Ian King , which you can watch in full here: https://bit.ly/3k8v1lc. With another £50m of funding into the Quantum Technology space announced only this week by the UK’s National Quantum Technologies Programme, QBIT’s admission is very timely.
Empire Metals (AIM:EEE) released the results of the recently completed reverse circulation drilling programme at its Central Menzies Gold Project in Western Australia, in which it holds an option to acquire a 75% interest. The results demonstrated a consistent NNW-trending zone of oxide mineralisation and a significant gold anomaly along 500m strike length was identified at Nugget Patch, and both shallow gold mineralisation and significant gold anomalism was intersected at Teglio. These encouraging results confirm the prospectively of the project and indicate a supergene enrichment zone with a higher-grade target beneath for additional drilling.
Trident Royalties (AIM:TRR, FSX:5KV) released its Q3 activities update, a period that saw the acquisition of a near-term cash generative gold royalty, substantial asset level progress, and further significant Board additions. On the back of this update, brokers Tamesis Partners and Shard increased their price targets to 60p and 63p per share respectively.
TRR also noted announcements made by Apollo Consolidated, the operator of the Lake Rebecca Gold Project, in which Trident holds a 1.5% NSR gold royalty over and is subject to two takeover bids. CEO Adam Davidson said: “There is increasingly competitive corporate activity involving Apollo and its cornerstone Lake Rebecca Project, which now has two publicly active ASX listed gold mid-tiers vying for control of the Project. The interest reaffirms the quality of the Lake Rebecca Project as one of the best undeveloped gold projects in Australia and adds credence to Trident’s original positive view of the asset.”
Caracal Gold (LSE:GCAT) announced an update on operations at its producing Kilimapesa Gold Mine in Kenya, achieving gold sales of 569 ounces in September 2021, a 7.6% increase on gold sales recorded in August. Exploration activities have already resulted in positive results, especially from the newly targeted Southern Mineralized Zone, where sample results of 40m at 4.85g/t. They also announced the completion of the connection to Kenya’s national grid power operations at Kilimapesa.
Tirupati Graphite plc (LSE: TGR; OTCQX: TGRHF), began trading the OTCQX® Best Market in the United States under the ticker symbol “TGRHF”. This cross-trading facility provides an opportunity to introduce an investment in Tirupati to the North American investor community.
In the news this week…
Abba’s first album in decades has split critics.
How the Guns of Navarone changed filmmaking.
MP’s are considering a rule to make rental properties have an EPC band of at least C. |
