Deccan Gold (Tanzania) bags 3 Prospecting Licences from Tanzanian authorities Deccan Gold Mines announced that 3 of the Prospecting Licences (PLs) have been granted by the mining
authorities in Tanzania in favour of the company s subsidiary viz., Deccan Gold (Tanzania) (DG
Tanzania). DG Tanzania has received official intimation from the Commissioner of Minerals and
Mines, Ministry of Minerals and Mining Commission, Tanzania in this regard on 08 February 2021.
The remaining two PL applications which were already recommended are expected to be granted in
the coming few days.
It may be noted that DG Tanzania submitted 5 PL applications as per Section 123 of the Tanzanian
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Tlou Energy Ltd is an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar. The Lesedi Power Project is the company s most advanced project with plans to develop gas and solar power generation assets with the sale of electricity into the regional power grid.
Project finance
The company is currently seeking funding for development of Lesedi. The project is proposed to be developed in two phases.
Phase one involves transmission line construction, transformers, grid connection, electricity generators and potentially the drilling of additional gas wells. The ~100 km transmission line will run from the Lesedi project to the town of Serowe where it will connect to the existing power grid. Initial generation is proposed to be up to 2 MW of electricity. Funding required for phase one is ~US$10 million which can be staged if necessary or prudent to do so.
Period under review · Galileo acquired 100% of Botswana-incorporated Crocus-Serv (Pty) Ltd ( Crocus ), whose assets comprise of 21 copper and nickel-PGE (Platinum Group Elements) exploration Prospecting Licences ( PLs ) in the highly prospective Kalahari Copper Belt ( KCB ) and the Limpopo Mobile Belt ( LMB ) in western and eastern Botswana respectively. The consideration of £163,020 for the acquisition comprised the issue of a total 38,814,246 new Galileo ordinary shares of 0.1p at 0.42p each and a separate cash payment of £10,828. · The Company commenced development of an exploration programme for the KCB properties. · The Company s subsidiary, Crocus, submitted, in terms of the Botswana Environmental Assessment Act (2011), a draft Environmental Management Plan ( EMP ) for the KCB project to the Department of Environmental Affairs ( DEA ) Botswana for review.
BASE RESOURCES LIMITED - Quarterly Activities Report - December 2020
PR Newswire
Key Points
Kwale Operations has maintained operational consistency through the quarter with health and safety protocols in place to minimise the risk of COVID-19 to personnel and surrounding communities.
Ongoing firm demand from customers in the quarter supported further ilmenite price increases, while zircon and rutile prices have stabilised.
Kwale North Dune PFS progressed and is scheduled for release early in the June quarter.
Exploration drilling re-commenced in the North Vanga region near Kwale Operations.
Discussions with the Government of Madagascar on Toliara Project fiscal terms continue to progress.
White Metal Resources Corp. is pleased to announce that its partner Noronex Ltd. has commenced an airborne electromagnetic geophysical survey over the DorWit Copper-Silver Project located about 150 km east of Windhoek, Namibia. The EM survey is the first ever state-of-the-art airborne survey to be undertaken within the Project area. The use of the significantly improved modern technology and geophysical …
White Metal Resources Corp. (TSXV: WHM) (“White Metal” or the “Company”) is pleased to announce that its partner Noronex Ltd. (ASX: NRX) (“Noronex”) has commenced an airborne electromagnetic (“EM”) geophysical survey over the DorWit Copper-Silver Project (the “Property” or the “Project”), located about 150 km east of Windhoek, Namibia. The EM survey is the first ever state-of-the-art airborne survey to be undertaken within the Project area. The use of the significantly improved modern technology and geophysical interpretation is intended to generate new