Mila Resources PLC (LSE:MILA) told investors it has begun drilling at the Kathleen Valley Gold Project in Western Australia today.
The post-discovery gold exploration accelerator said initial drilling confirmed consistent and high-grade mineralisation, including a 10m wide zone of mineralisation with multiple 10g/t and higher of gold and silver grades at the Coffey deposit.
NetScientific PLC (AIM:NSCI) has announced that its portfolio company, PDS Biotechnology Corporation (NASDAQ:PDSB), will begin an investigator-initiated trial with Mayo Clinic for PDS0101, a drug aimed at treating head and neck cancer.
An investigator-initiated trial is clinical trial where the investigator assumes the research, develops the protocol and serves as the sponsor investigator.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) shares continued its ascent higher on Tuesday after its latest well result in Alaska.
Rising 12% to trade at 139.18p the AIM-quoted explorer is now up around 90% over the past month, and, is now approaching a market capitalisation of £1bn.
Light Science Technologies Holdings PLC (AIM:LST) said its previously announced funding grant of £503,000 was awarded to its controlled environment agriculture (CEA) division by the innovation agency Innovate UK as part of its Farming Initiative Pathway (FIP) consortium for more sustainable and efficient plant growth in the UK agricultural sector.
The grant will be used to develop CEA’s intelligent LED grow-lighting cloche product, a retrofittable, all-in-one lighting-sensing-automation rig designed for polytunnels and glasshouses, LSTH said in a statement.
OKYO Pharma Ltd said the US regulator has given it the green light to take its dry eye disease treatment directly into a phase II clinical trial.
The Food & Drug Administration’s decision to fast-track the OK-101 in this manner will accelerate the approval process, the company said.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) told investors it has drilled the Theta West well down to total depth and encountered both the Upper Basin Floor Fan (UBFF) and Lower Basin Floor Fan (LBFF) targets, measuring around 1,160 gross feet of hydrocarbon-bearing reservoir across the two.
Operations have been hampered by extreme cold weather in Alaska, with temperatures as low as -55 Celsius, and a typical programme of analysis has not been possible to date. Wireline logging has not yet been possible but the company did conduct logging whilst drilling which the company said has provided excellent quality data.