Antipa Minerals Ltd (ASX:AZY) has moved to expand on the mineral resource estimate (MRE) at Minyari Dome Project in the Paterson Province of Western Australia with the second phase of a drilling program, targeting down-plunge and regional extensions of mineralisation.
Drilling will involve two diamond drilling rigs targeting the Minyari Resource Plunge Extension – some 150 metres north of the core resource boundary – and the Minyari North prospect, 500 metres to the north of the main Minyari resource.
Analysts at WH Ireland think the market appears to be significantly undervaluing the opportunity for NetScientific PLC (AIM:NSCI) (NSCI) following the recent news from its Nasdaq-listed portfolio company PDS Biotechnology Corporation.
On October 11, 2022, PDS Biotechnology - in which NSCI holds a 4.72% stake - announced expanded interim data from a National Cancer Institute-led Phase II clinical study evaluating its lead candidate PDS0101 in combination with two Merck-owned immune-modulating drugs.
Analysts at Liberum Capital have repeated their 'buy' rating on Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) after the firm's 64%-owned Blanket gold mine in Zimbabwe achieved yet another quarterly production record.
The analysts noted that Blanket's third quarter gold production of 21.1koz brings the 2022 nine-month total to 59.7koz, noting that Caledonia reiterated that full-year 2022 production will be “at the top end” of its guidance range of 73-80koz.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) said it appointed its largest shareholder, Jim Mellon, as non-executive chairman with effect from yesterday.
Mellon, who has an 18.7% stake in Condor, has been a non-executive director of the Nicaragua-focused gold exploration and development company for several years. Mellon, based in the Isle of Man, is a renowned fund manager.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY) said it has achieved a significant commercial landmark by inking its first regional distribution deal for its US Food & Drug Administration (FDA) cleared and CE-marked liquid biopsy system, Parsortix.
The agreement is with medical equipment specialist Promedeus, part of the private equity-funded Vendeavour Group, and covers the Czech Republic. No financial details were given.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) reported record gold production from the Blanket Mine in Zimbabwe for the third consecutive quarter.
It produced 21,120 ounces of gold in the three months to end-September and reiterated that it expects output for the year to be at the top end of guidance of between 73,000 and 80,000 ounces.
i3 Energy PLC (AIM:I3E, TSX:ITE, OTC:ITEEF) chair John Festival bought 1mln shares in the company, at an average price of 35.5 Canadian cents each, and, chief executive Majid Shafiq bought 206,607 shares at 24.2p each, respectively increasing their shareholdings in the wake of a well result that lowered the market price of the company.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) released a statement providing details of a series of investor presentations taking place in Australia and London in the coming months.
TomCo Energy PLC (AIM:TOM, OTC:TMCGF) told investors that it received a conversion notice to convert the remaining £175,000 of the first tranche of its loan note facility plus £75,000 of the second tranche and interest (£12,500). As a result some 77.68mln new shares will now be issued.
Cornish Metals Inc (AIM:CUSN, TSX-V:CUSN, OTC:SBWFF) announced the exercise of stock options held by investors, resulting in the issue of 250,000 shares at 20p each, for an aggregate consideration of C$50,000.
PYX Resources Ltd (LSE:PYX, NSX:PYX) in a statement told investors it has donated to a local elementary school in Kalimantan, via its PYX Cares initiative.