Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has raised £10.5 million and snapped up a Rocky Mountain asset producing 400 barrels a day. CEO Colin Harrington says the deal boosts cash flow and fast-tracks drilling with 13 new well proposals already on the table.
Ariana Resources PLC (AIM:AAU) posted a £2.7 million profit and is pushing ahead with new projects in Zimbabwe and Kosovo. CEO Kerim Sener says the Dokwe gold project could add over a million ounces to the company’s portfolio.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) its new CPR finally confirms contingent resources in Tanzania’s Rukwa Basin. CEO Lorna Blaisse says the company is also moving toward first gas from its US project by year-end.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has hit strong grades from deep drilling at the Blanket Mine in Zimbabwe. VP Craig Harvey says a new orebody has been found and drilling is going even deeper to extend mine life.
Rome Resources Plc (AIM:RMR) says new drilling at Bisie North in the DRC is showing strong copper, zinc, and silver potential. CEO Paul Barrett says the maiden resource estimate has been pushed to September to fully reflect its growing multi-metal profile.
