Endeavour Mining’s upgrade of the Assafou deposit at the Tanda-Iguela property in Côte d'Ivoire delivered well beyond even the most optimistic expectations, according to US broker Stifel.
“Results from the programme further demonstrated the significance of the discovery and hinted at its potential to eventually develop into another cornerstone tier-one mine,” said the broker.
Ariana’s latest results from the Salinbas gold-copper project in northern Turkey (23.5% interest) suggest it could soon be the third project to reach production after Kiziltepe and Tavsan, says WHI Ireland.
Kiziltepe is in operation and Tavsan is under construction, while the assays today point to improved consistency and higher measured and indicated resources at Salinbas.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said the indicated gold resources at the Tanda-Iguela property in Côte d’Ivoire had increased four-fold after its recent drilling campaign.
Almost 96% of the resource at the Assafou deposit at Tanda-Iguela is now in the more certain indicated category, it said, adding there remains significant upside with the 3.3km mineralised trend open along strike and at depth.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) chief executive Keith Muller has hailed the company’s progress over the past year and pointed out its new focus on transitioning from an explorer and developer to a producer.
Atlantic’s Ewoyaa mine in Ghana was last month awarded the first lease of its kind by the country.
Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) has announced the departure of independent director Patrick Ashe, who had been instrumental in steering the company through its initial development phase.
Following his exit, Eddie Gibson will take over as chair of the audit and risk committee. Additionally, professor Brendan Buckley will assume the role of chair of the remuneration committee.
Ariana Resources PLC (AIM:AAU) said the latest drilling results at Salinbas in Turkey have defined wide zones of high-to-moderate grade gold mineralisation in a number of areas.
Assays from 61 holes of resource drilling covering 6,000 metres (m) in the upper Salinbas area showed best results of 7.2m at 9.37 grams per tonne (g/t) gold, 6.5m at 3.69 g/t and 11.05m at 1.56 g/t.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said surface sampling across its Panorama East, Panorama and Panorama North tenure has confirmed it is prospective for nickel.
Results including 27 soil samples from the Ni_04 prospect returned above 0.1% nickel over a 1.4km strike extent with a best result of 0.3% nickel in a rock chip sample.
Iofina PLC (AIM:IOF, OTC:IOFNF) said its newest IOsorb iodine plant in Western Oklahoma is now producing crystalline iodine at the rate expected.
Named IO#9, the production plant has taken longer than expected to ramp up since it was switched on in June 2023, as the company mentioned last month.