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Three more holes intersect mineralized porphyry at Brama target, Bramaderos Project, Ecuador, paving way for maiden Mineral Resource Estimate in early 2022 Assays include 69 6m at 0 65g/t gold and 0 2% copper

Three more holes intersect mineralized porphyry at Brama target, Bramaderos Project, Ecuador, paving way for maiden Mineral Resource Estimate in early 2022 Assays include 69 6m at 0 65g/t gold and 0 2% copper
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Cornerstone Grants Stock Options

SolGold PLC - SolGold & Cornerstone Agree to Work Cooperatively

BRISBANE, AUSTRALIA; OTTAWA, ON and LONDON, UK / ACCESSWIRE / June 2, 2021 / SolGold (LSE:SOLG)(TSX:SOLG) ("SolGold") and Cornerstone Capital Resources Inc. (CGP)(CTNXF)(GWN) ("Cornerstone") (together

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows Wed, 2nd Jun 2021 19:10 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Block Energy PLC - development and production company focused on Georgia - Reports revenue for 2020 of USD1.3 million compared to USD310,000 the year ago, resulting in pretax loss of USD5.5 million versus USD6.1 million in 2019. Block Energy says production of oil and gas from the two horizontal wells in its West Rustavi licence area was suspended in April 2020 to avoid selling oil at low prices. Despite that, the company says it sold 34,421 barrels, up from 5,210 barrels the year prior. Meanwhile, on February 15, the company says it has achieved its first gas sales.

Drilling Results from Holes 1-7 at Tandayama-America

Figure 2. Drilling at TAM continues with three diamond drill rigs and further expansion of the TAM drilling fleet is planned ( Figure 3). Figure 4. The intersection of noteworthy porphyry stockwork mineralization encountered in Hole 9 in the deeper portions of the drilling area contains high abundance of B-type quartz-chalcopyrite veining ( Figure 5). This intense mineralization hosted within a pre-mineral intrusive breccia host rock suggests that a fluid-rich source intrusion may be intersected through further drilling at depth, and indicates the potential for a deeper bulk underground target that may lie beneath the current drilling area. Further drilling is planned to test for the potential of a deep-rooted porphyry system.

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