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Romulus Resources is engaged in mineral exploration in British Columbia. The Company’s main asset is the Vera property which is comprised of four claims situated in the Vernon Mining Division. It is a silver-gold property hosting sulphide- and sulphosalt-bearing quartz vein systems.
Recent Sector News
Metals Exploration is well palced to bring its Runruno gold project on stream in the middle of next year, broker SP Angel says.
Shares in Noricum Gold jumped higher as it repeated that it expects good results from this year’s drill campaign at Rotgulden in Austria
Horizonte Mining's metallurgical test programme for its Araguaia nickel project in northern Brazil has confirmed the ore is suitable for treatment in a rotary kiln electric furnace, which is established technology with a 60-year track record.
Africa-focused agri-business Obtala Resources confirmed its first harvest of sun-dried tomatoes is due in September as it turned to the market to raise £269,340. Operationally, Obtala said it has made “significant progress” on the Morogoro sun-dried tomato project in Tanzania.
The new DFS for Aureus's New Liberty gold mine in Liberia has increased the net present value of the asset, and points to lower operating costs and improved proven plus probable reserves.
Shares in Vatukoula Gold Mines almost doubled on Monday as Chinese oilfield services firm DRK bought a 19% stake at more than twice the price on Friday
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