Moonbound Mining Announces Closing of Assignment Agreement with Continental Lithium Africa Development Corporation

2023-09-07 06:03:46 Vancouver, British Columbia–(Newsfile Corp. – September 7, 2023) – Moonbound Mining Ltd. (the “Company“) (CSE: MML) announces that, further to its news releases of June 23, 2023 and August 1, 2023, it has closed the assignment agreement (the “Assignment Agreement“) with Continental Lithium Africa Development Corporation (“Continental Lithium“), a private arm’s length British […]

Kobo Resources Provides Update on its Maiden Exploration Program at Kossou Gold Project and Other Corporate Activities; Appoints Pierre Boivin as Policy Advisor – Africa

2023-05-01 13:37:07 QUEBEC CITY / May 01, 2023 / Business Wire / Kobo Resources Inc. (“Kobo” or the “Company“) (TSX.V: KRI) is pleased to report continued exploration efforts at its 100%-owned Kossou Gold Project (“Kossou”) with the signing of a drill contract with Geodrill CI (“Geodrill”) for the Company’s maiden 8,000+ metre (“m”) reverse circulation […]

Sanu Gold Commences 2023 Drill Program in Guinea, West Africa

2023-03-02 05:36:15 Vancouver, British Columbia–(Newsfile Corp. – March 2, 2023) – Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (“Sanu Gold” or the “Company”) is pleased to announce the commencement of the 2023 drill program on its highly prospective gold exploration permits in Guinea, West Africa. The Company has planned a 25,000 metre (“m”) reverse circulation […]

East Africa Metals Announces Change in Financial Year End

2023-02-24 17:24:27 VANCOUVER, BC, Feb. 24, 2023 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) announces the change in its financial year end from December 31 to March 31.  The change in financial year-end has been made to align the timing of the Company’s financial reporting obligations with the availability […]

Sanu Gold Update on Phase I Drill Program at Bantabaye Permit in Guinea, West Africa

2023-01-18 05:36:17 Vancouver, British Columbia–(Newsfile Corp. – January 18, 2023) – Sanu Gold Corporation (CSE: SANU) (OTCQB: SNGCF) (“Sanu Gold” or the “Company”) is pleased to announce it is preparing for a Phase I 10,000 metre (“m”) Reverse Circulation (“RC”) drill program (the “Program”) at its Bantabaye Gold Exploration Permit (“Bantabaye” or the “Permit”) in […]

Sama Resources Reports on Four Additional Drill Holes from the Grata Nickel-Copper Prospect, Located in the Ivory Coast, West Africa

2023-01-10 05:18:06 Montréal, QC – TheNewswire – Jan 10, 2023 – Sama Resources Inc. (“Sama” or the “Company”) (TSXV:SME) (OTC:SAMMF) is pleased to announce assay results from four additional drill holes from the 2021-22 drilling campaign at the Grata nickel-copper prospect. Sama drilled a total of 85 drill holes totalling 26,787 metres (“m”) at the […]

Hanna to Expand Exploration Activities in Africa

2022-12-09 09:27:28 TORONTO, Dec. 09, 2022 (GLOBE NEWSWIRE) — Hanna Capital Corp. (the “Corporation”) (TSX Venture Exchange: HCC) (Frankfurt: 04U1), a publicly traded company focused on base metals is pleased to announce that it plans to increase its exploration activities in Africa. The Corporation will focus its attention to properties that show potential for gems, […]

Sanu Gold Announces New Discovery from Initial Drill Program at the Daina Gold Exploration Permit in Guinea, West Africa

2022-10-03 04:43:55 Vancouver, British Columbia–(Newsfile Corp. – October 3, 2022) – Sanu Gold Corporation (CSE: SANU) (“Sanu Gold” or the “Company”) is pleased to announce significant gold assay results from the first holes of its initial reverse circulation (“RC”) drill program (the “Program”) on the Daina Gold Exploration Permit (“Daina” or the “Permit”) in Guinea, […]

Sanu Gold Acquires Initial 51% Interest in Gold Exploration Permits in Guinea, West Africa

2022-09-15 05:07:08 Vancouver, British Columbia–(Newsfile Corp. – September 15, 2022) – Sanu Gold Corporation (CSE: SANU) (“Sanu Gold” or the “Company”) is pleased to announce that the Company has earned into and acquired an initial 51% interest in each of the Daina, Diguifara and Bantabaye Gold Exploration Permits (the “Permits”) in Guinea, West Africa by […]

Guskin Gold Begins Ground Geophysical Surveys on the Kukuom Gold Project in Ghana, Africa

2022-08-12 13:04:47 SAN JOSE, CA / ACCESSWIRE / August 12, 2022 / Guskin Gold Corp (OTCQB:GKIN) (“Guskin Gold” or the “Company”), is pleased to announce the initiation of the 2022 ground geophysical work program on the Company’s Kukuom Gold Project in the Sefwi-Bibiani Gold Belt, Ghana, Africa. The Company contracted Terranet Limited to carry out […]

Bitcoin Mining Will Explode In Africa

2022-07-29 08:59:48 Mining headlines are typically filled with mentions of North America and Asia, with occasional mentions of Latin America. But another region of the world is showing some unnoticed signs of consistent interest in the mining sector. This article explores some data that shows interest from African nations in mining and profiles a few […]

East Africa Metals – Update on Magambazi Development

2022-03-09 14:10:53 VANCOUVER, BC, March 9, 2022 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) is pleased to provide an update on the progress of the Magambazi Mine development. EAM, having recently toured the site and met with Canaco Tanzania Limited’s (“CTL”) management along with management from EMG Pamoja Royalties Tanzania, Ltd., […]

East Africa Metals Provides Update on Magambazi Mine Plan Development

2021-12-17 14:12:38 VANCOUVER, BC, Dec. 17, 2021 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) is pleased to provide an update on the progress of the engineering and mine development work at the Magambazi mine in the Handeni region of the Federal Republic of Tanzania. With the successful completion of the […]

Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa

2021-12-07 07:42:27 Vancouver, Canada – TheNewswire – December 7, 2021 – Nexus Gold Corp. (“Nexus” or the “Company”) (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to report that it has received confirmation from the Government of Burkina Faso’s Ministre de L’Energie des Mines et Les Carriers that its application for expanding the Dakouli 2 permit has been […]

East Africa Metals Provides Ethiopian Update

2021-11-30 14:11:13 VANCOUVER, BC, Nov. 30, 2021 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa”, “EAM” or the “Company”) would like to provide an update on the ongoing exploration of its gold and gold/copper/zinc projects in the Federal Democratic Republic of Ethiopia (“Ethiopia”). Mining Licences EAM currently has three approved Mining Agreements with Ethiopia’s Ministry of Mines […]

Desert Gold Makes Additional Gold Discoveries at Its SMSZ Project Including 1.80 g/t Gold over 17 Metres* and 2.23 g/t Gold over 9 Metres*; Mali, West Africa

2021-11-02 05:39:47 Delta, British Columbia–(Newsfile Corp. – November 2, 2021) – Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (“Desert Gold” or “the Company”)  is pleased to present the results for 123 holes totalling 7,521 metres completed on its Gourbassi East Zone, Gourbassi NE, Gourbassi SE, Sorokoto and Kamana target areas, on its SMSZ […]

East Africa Metals – Updated Magambazi Mineral Resource Estimate

2021-10-19 13:10:35 VANCOUVER, BC, Oct. 19, 2021 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) is pleased to provide the updated Magambazi mineral resource estimate. As previously announced (Press Release – September 27, 2021), PMM Mining Company Limited (“PMM”) has commenced engineering work to develop detailed plans for mining operations and surface equipment […]

Cardano Founder Charles Hoskinson To Tour Africa, Here’s Why

2021-10-12 16:51:40 Cardano has focused its attention on projects which are building on the blockchain. This is because after the launch of smart contracts capability on the network, the next phase was getting developers to deploy their applications on the ecosystem. Cardano, through EMURGO, has invested in a number of startup projects to boost the […]

South Africa to appeal mining charter ruling

2021-10-03 20:41:13 The government would appeal two court rulings that struck down changes to rules requiring mining firms to be at least 26% owned by Black investors in perpetuity and declared it unlawful for payouts to the coronavirus-struck tourism industry to be limited to Black businesses, Bloomberg reported last week. In the mining charter decision […]