Tag: #Africa

Amani Gold unveils 2.3 million ounce maiden resource

Amani Gold unveils 2.3 million ounce maiden resource

Amani Gold (ASX:ANL) has published the results of its maiden resource calculation on the Kebigada zone of its Giro Gold project in the DRC last month. The total maiden resource estimate now contains 2.3 million ounces of gold at an average grade of 1.47 g/t gold, of which approximately 820,000 […]

Giyani Metals continues to find high-grade manganese in Botswana

Giyani Metals (WDG.V) has released more assay results from the 80 samples it collected from its Kgwakgwe Hill project (which, for understandable reasons, is being abbreviated as ‘K. Hill’) in Botswana where it was targeting the manganiferous shale which has a currently known strike length of approximately half a kilometer. […]

Hummingbird Resources remains on track for a year-end gold pour

Hummingbird Resources remains on track for a year-end gold pour

Hummingbird Resources (HUM.L) has now reached a 56% completion level of the construction of the Yanfolila gold project in Mali where it plans to start its pre-production mining activities in the current quarter. After completing the sale of an additional 10% of the project to the Government of Mali for […]

Africa Oil discovers more oil in Kenya

Africa Oil discovers more oil in Kenya

Africa Oil (AOI.TO) confirmed last month it has encountered 75 meters of net oil pay in two zones of the Emekuya 1 well in the 13T Block in Northern Kenya. The well was drilled less than 3 kilometers north of Etom 2 and encountered reservoir-quality sandstone which are pretty much […]

Volcanic Gold Mines is getting pretty serious in Guinea

Volcanic Gold Mines is getting pretty serious in Guinea

Just weeks after having announced an option to acquire a project from WAMA, Volcanic Gold Mines (VG.V) has now entered into another option agreement to acquire an initial 70% stake in the Seimana gold project in Guinea. This initial interest could be increased to 100% (which will result in an […]

Birimian has started a pre-feasibility study at Bougouni Lithium

Birimian has started a pre-feasibility study at Bougouni Lithium

Shortly after cancelling the deal with the potential Chinese buy who was willing to purchase the Bougouni lithium project in Mali, Birimian (ASX:BGS) is showing it doesn’t want to waste any time. Birimian wants to show it doesn’t really ‘need’ to sell the project, and the results of the scoping […]

Birimian could sell its lithium project for A$107.5M

Birimian could sell its lithium project for A$107.5M

Birimian (ASX:BGS) announced it has executed a binding letter of intent with Shandong Mingrui Group whereby the latter has committed to purchase the Bougouni Lithium project in Mali for an A$107.5M cash payment. The project currently contains 15.5 million tonnes at 1.48% Li2O, for a total of 229,000 tonnes of […]

OreCorp is sitting on something nice in Tanzania

OreCorp is sitting on something nice in Tanzania

OreCorp (ASX:ORR) has released its maiden resource estimate on its Nyanzaga gold project in Tanzania, Africa. This first resource estimate is an important milestone for the company as it would obviously want to fast-track the project towards development and production. This first resource estimate does look quite encouraging as there’s […]

Cardinal Resources continues to surprise the market

Cardinal Resources continues to surprise the market

Cardinal Resources (ASX:CDV) has released several more drill intervals from its Namdini gold project in Ghana, where it’s completing another drill program to follow up on some excellent exploration results. Back in February, the company discovered several high-grade intercepts, such as 15 meters of 4 g/t gold as well as […]