April 2021
£1 million (
€1.15 million) - proceeds will be used to accelerate exploitation of gold prospects and expand the Company s work programme for the current year
· Independent test results indicated gravity separation as viable production method for processing material from Mineral Jackpot spoil heaps
· Independent metallurgical consultant engaged to prepare specifications and detailed costing for proposed processing operations
· Migration of share settlement system from CREST to Euroclear Bank successfully completed
Brian Hall, Executive Chairman, commented: During a difficult year for everybody, we made strong progress on our projects and successfully secured funds for our operations. The results of our work in 2020 have enabled us to initiate a major drilling programme across our three prime areas of interest, now under way, while laboratory testing has shown the way forward for secondary recovery of