#BRES Blencowe Resources – Akelikongo Exploration Programme

Highlights · Blencowe acquired Akelikongo nickel project in February 2022; this is a highly prospective nickel sulphide tenement near to existing Orom-Cross graphite project · Exploration program for Akelikongo is underway; this includes re-analysis of existing database from previous work (US$15m spent to date by previous owners Sipa Resources and Rio Tinto) to consider all geochemical samples […]

#MSMN Mosman Oil and Gas – Winters-2 First Gas Production

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces initial production from the Winters-2 well in East Texas. The initial flow rate is circa 545 thousand cubic feet per day (mcfpd), which is circa 105 barrels of oil equivalent per day (boepd). This well and equipment will be monitored, […]

#SVML Sovereign Metals – Spott Equity Research Report

    Today’s news that Sovereign has secured a 25ktpa (20% of total 122ktpa) premium priced offtake into the welding sector is a great positive as most rutile globally normally goes into pigment with a preference for >75µm material. Key here is that Sovereign’s rutile is among the coarsest globally with d50 of 118µm (~same […]

#POW Power Metal Resources – Results for the Year Ended 30 September 2021

Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces its consolidated audited results for the year ended  30 September 2021, for the Company and its subsidiaries (together the “Group”).   Highlights from the year under review: Operational   · After an extensive preparatory period drilling commenced in October 2020 at […]

#KAV Kavango Resources – Preliminary Petrology Report TA2DD002 & KSZDD001

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce receipt of a preliminary independent Petrology Report for Holes TA2DD002 & KSZDD001, drilled in the Kalahari Suture Zone (“KSZ”). Kavango sent ten samples to SJT MetMin Services Pty (“SJTMetMin”), an experienced petrological and mineralogical consultant, […]

#SVML Sovereign Metals – Sovereign Signs Offtake MOU

  SOVEREIGN SIGNS OFFTAKE MOU FOR PREMIUM PRICED RUTILE SALES TO THE WELDING SECTOR   · MoU signed for supply of 25,000 tonnes of natural rutile per annum to Hascor, a market leading global processor and distributor of rutile products for the welding industry · Pricing of rutile for welding generally attracts significant premiums to […]

Kavango Resources #KAV – Extension to KKME option

Further to the announcement on 25 February 2021, Kavango Resources plc (LSE:KAV), announces an extension to the exclusive three month option (“Option”) to acquire 85.23% of KKME. Kavango now has until close of business on Friday 18 March 2022 to complete exercise of the Option. Technical due diligence of the Molopo Farms Project has revealed […]

Power Metal Resources #POW – Update – Kavango Option – Kalahari Key Botswana

Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces an update in respect of the Kalahari Key Mineral Exploration Pty Limited (“KKME”) option held by Kavango Resources plc (“Kavango”)(LON:KAV) (the “Option”). The 3-month Option was announced on 26 November 2021 and this announcement may be viewed through the […]

#MSMN Mosman Oil and Gas – CLC Permit Issued for EP-145 Environmental Survey

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, is pleased to announce an update on EP-145 located in the Amadeus Basin, Northern Territory of Australia, which is prospective for oil and gas, hydrogen and helium. On 25 February, the Central Land Council (“CLC”) issued a Permit and Authority to […]