Page 602 - Small Caps News Today

It follows Marchs £21mln share placing and provides a high-potential, production-led growth project. Advance Energy PLC (LON:ADV) told investors it completed the acquisition of an interest in the Buffalo PSC, offshore Timor-Leste. The transaction, which constitutes a reverse takeover, sees the company acquire a 50% stake in the Carnarvon Petroleum Timor vehicle which owns 100% of the Buffalo PSC. The company noted that shares in the enlarged company will begin trading on the London Stock Exch...

PVW Resources auger results of up to 26ppb gold confirm target at Kalgoorlie Project Drilling is underway on E27/614 and will return to E27/571 to extend the coverage with the Ultrafine analysis method and test along strike north of the new auger anomaly. Auger drilling will re-commence immediately and continue until program completion. PVW Resources Ltd’s (ASX:PVW) auger drilling program has returned results over 1-kilometre of strike at the Kalgoorlie Project in Western Austral...

TomaGold Corporation strengthens its position around Obalski and Monster Lake properties The mineral exploration corporation has acquired a 30% minority interest in the Hazeur property and extended the Obalski property by acquiring 46 claims just south of the property Tomagold said preparations for a 10,000-metre drilling program on Obalski is underway as the latest assays continue to show the projects potential TomaGold Corporation (CVE:LOT) (OTCMKTS:TOGOF) (FRA:OTM) revealed that...

EQTEC to move into the black in 2021 The company aims to build more advanced gasification plants in more markets with a greater, cleaner impact on local communities and greater returns for investors. EQTEC PLC (LON:EQT) expects revenues will rise to around €15mln in 2021 from €2.2mln in 2020, shifting it into the black. The gasification specialist said in its full-year results statement covering 2020 that the increase in revenues, together with an expected contribution from EQTEC Capital, a...

Follow Angela on: Aurion Resources starts 10,000 metre drill and sampling program at its Finnish properties Drilling is designed to test a number of target areas including the high-grade Aamurusko and Notches prospects at Risti and the Hinge Zone prospect at Launi East Aurion expects to drill nearly 10,000 metres in total as part of the program Aurion Resources Ltd (CVE:AU) (OTCQX:AIRRF) has kicked off its new exploration program at its Risti and Launi properties in Finland. The co...

"Over the last year, we have continued to make significant progress in advancing our existing licence portfolio and both materially expanding and...

Nanollose to expedite development of its lyocell fibre following $2.85 million raise Nanollose Ltds (ASX:NC6) Wayne Best caught up with Proactives Andrew Scott following the news its raised $2.85 million in a strongly oversubscribed placement to institutional and sophisticated investors at an issue price of $0.10 per share. He says the funds will further strengthen the company’s balance sheet, placing Nanollose in a strong position to further advance the development and commercialisation of i...

The human patch test on volunteers did not show skin erythema and oedema reactions Directa Plus PLC (LON:DCTA) announced its new G+ graphene coating for fabrics was tested by an independent third party laboratory and found to be suitable for human skin contact. The human patch test on volunteers was carried out to assess any potential side effects, such as skin erythema and oedema reactions. None occured. The fabric was reported to be dermatologically tested and non-irritating. The graphene...

2021-04-19 by Proactive Australia Rumble Resources Ltd (ASX:RTR) has hit a new record after fast-tracked assay results from two reverse circulation (RC) holes at Chinook Prospect of the Earaheedy JV Project in Western Australia confirmed a zinc-lead discovery. The company has completed 33 holes for 3,593 metres of RC drilling at the project, including 26 holes for 2,653 metres at Chinook with assays for 24 holes pending. Drill hole EHRC050 returned 34 metres at 4.22% zinc + lead from 66 metres...

Caledonia Mining says flooding hits gold output from Blanket mine but keeps output target for year "Gold production has often been lower in the first quarter of each year and increases in the following quarters," said chief executive Steve Curtis Caledonia Mining Corp PLC (LON:CMCL, NYSE:CMCL) said gold production was lower than anticipated in the first quarter at its Blanket mine in Zimbabwe, due to flooding, although it still expects to meet its output target for the year. The mine produced ...