Proactive weekly mining round-up: Greatland Gold, Ironridge Resources, Bushveld Minerals.
A snapshot of some of the week s mining news and announcements
Greatland Gold PLC (LON:GGP), the precious and base metals exploration and development company, has announced “excellent results” from the drilling campaign at the Havieron deposit.
The latest results from the project, located in the Paterson region of Western Australia, further highlight the potential for extensions to the initial resource published last December, Greatland said in its stock market release.
IronRidge Resources Limited (LON:IRR) said it raised £12mln in an oversubscribed fundraising to help bankroll the development of its lithium and gold projects in the African nations of Ghana, Côte d Ivoire and Chad. The company raised the funds through the subscription and placing of 60mln new shares at a price of 20p each, a 6.3% discount to its closing price on Monday.
AEX Gold present strategic update to shareholders and full year financial results
AEX Gold s (LON:AEXG)) Eldur Ólafsson speaks to Proactive about their strategic update and presents the full year financial results.
Ólafsson reminds us of the reasons for the strategic review and what the company has been doing over the last couple of months to reach today’s news including conclusions reached on the Ausenco drawn on the Nalunaq property and what it needs to progress.
He goes through the details of the third party feasibility study as well as some significant drilling work in their statement.
Quick facts: AEX Gold