Greatland Gold plc (LON:GGP) took a significant step towards its goal of identifying a million ounces of gold at the Firetower project in Tasmania, after it revealed the existence of a large target generated from a 3D-induced polarisation survey. The target is approximately 1,000 metres long, traverses east-west across the Firetower prospect, and is open to the east and up to depths of 400 metres.
Kromek Group PLC (LON:KMK) said its medical division has won two contracts worth a combined US$1mln. The radiation detection technology specialist said an equipment manufacturing customer has placed a US$700,000 order for Kromek’s cadmium zinc telluride (CZT) detectors to be used in nuclear medicine.
AdEPT Telecom plc (LON:ADT) has acquired fellow information technology services provider Shift F7 in a deal worth up to £7.9mln.
Keywords Studios PLC (LON:KWS) has “substantially” expanded its engineering services line through the acquisition of Studio Gobo Ltd and Electric Square Ltd.
Kalahari Metals LTD, in which Metal Tiger PLC (LON:MTR) has a significant stake, is to undertake due diligence on five potential new exploration licenses in Botswana. Work on two existing licenses continues, with the aim of identifying a resource analagous to the sizeable T3 deposit now being developed by MOD Resources (ASX:MOD).
Arc Minerals Limited (LON:ARCM) posted a profit in its latest full year as numbers benefited from its shift of emphasis to Africa. The junior is now concentrating all its attention on the Zamsort copper and Misisi gold deposits in Zambia and the DRC respectively.
Tower Resources PLC (LON:TRP) told investors that an expanded reserves report for the Thali project, in Cameroon, is expected next month. The explorer, in a stock market statement, noted that earlier this month it received its s certificate of environmental compliance for the project, and, it anticipates formal confirmation of an extension to the first licence period in September also.
Silence Therapeutics PLC (LON:SLN) chair Annalisa Jenkins is stepping down with immediate effect, the drug development company has announced. Andy Richards, CBE, a non-executive director of the group since September 2016, has been appointed interim non-executive chair to ensure a smooth transition.
Telit Communications Plc’s (LON:TCM) incoming non-executive chairman, Paolo Dal Pino, has purchased a stake in the company. The AIM-listed Internet of Things (IoT) software developer said Dal Pino had purchased a total of 55,000 shares in the company, around 0.04% of its share capital, after previously holding no shares.