KGL Resources (ASX:KGL) report near surface drilling at Jervois encounters up to 50.9% lead in a 6m interval averaging 37.7% lead and 551g/t silver Drilling of near surface mineralisation at the Reward deposit encountered high grades of lead mineralisation previously reported that exceeded the assay method limit of 20% lead.
West African Resources Limited (ASX:WAF) (CVE:WAF) is pleased to announce the results of its technical and financial assessment of a heap leach starter project on its Mankarga 5 project, Burkina Faso.
Tiger Resources Limited (ASX:TGS) ("Tiger") is pleased to advise it has arranged a further $25 million advance payment facility ("Second Advance") from Gerald Metals SA ("Gerald") to Tiger's 60% subsidiary, Société d'Exploitation de Kipoi SPRL ("SEK"), the operator of the Kipoi Copper Project in the Democratic Republic of Congo (DRC).
Maersk Oil, a wholly owned subsidiary of Copenhagen's AP Moller-Maersk AS, has decided to write off US$1.7 billion of investments in the Wahoo and Itaipu oil fields, while divesting its ownership in the Polvo field.
West African Resources Ltd (ASX:WAF) (CVE:WAF) is pleased to report preliminary metallurgical test work results from the Mankarga 5 Deposit located on the Tanlouka Permit, part of its Boulsa Project, in Burkina Faso.
Hudson Resources Limited has accepted Sovereign Gold Company Limited's (ASX:SOC) (Sovereign Gold) offer for its Mount Adrah shares and options bringing Sovereign Gold's interest in Mount Adrah Gold Limited (Mount Adrah) to 95.9%.
Sovereign Gold Co Ltd (Sovereign Gold) (ASX:SOC) advises that Hudson Resources Limited (ASX:HRS) (Hudson) has acquired a 17.2% holding in Mount Adrah Gold Limited (Mount Adrah), a subsidiary of Sovereign Gold.
