TRADING UPDATES: IQE, Trellus Health and Insig sign new agreements
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read moreMon, 14th Dec 2020 11:43
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read more(Sharecast News) - Carolinas-focussed explorer and developer Lexington Gold reported a first-half net loss from continuing operations of $0.37m on Wednesday, narrowing from $0.47m year-on-year.
Read more(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read moreLexington Gold Ltd - Bermuda-based mineral explorer with projects in US - Shares rise as mineral resource estimate for the Loflin side of the Jones-Keystone-Loflin project in the Carolinas increases by 27%. An updated independent JORC mineral resource estimate ups Loflin deposit to 2.6 million tonnes at 0.99 grammes per tonne gold for 82,700 ounces of contained gold. In September 2021, the resource estimate put the contained gold at about 65,000 ounces.
Read more(Alliance News) - Lexington Gold Ltd shares jumped on Monday after the firm shared positive sample re-splits from its Loflin and Loflin South project.
Read moreLexington Gold Ltd - Bermuda-based explorer with projects in the US - Notes "exceptional assay results" at the Jones-Keystone side of the Jones-Keystone-Loflin project in North Carolina as shares surge. Finds between 1.37 and 4.96 grammes of gold per tonne.
Read moreLexington Gold Ltd - Bermuda-based explorer with projects in the US - Widens pretax loss to USD1.0 million in 2021 from a loss of USD712,000 the previous year. Total assets at December 31 fall to USD4.8 million from USD5.5 million at the same time a year prior. Company's net cash position at the end of the year stands at USD900,000, down from USD2.9 million at the end of 2020. Calls the year "extremely productive and encouraging". Company notes encouraging exploration results since the start of 2022 from its phase two drilling campaign at its Carolina Belle and JKL projects. Does not declare a dividend, unchanged form the previous year.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Read moreLexington Gold Ltd - Bermuda-based explorer with projects in the US - Enters an unsecured convertible loan agreement for GBP335,000, obtained from two shareholders and three directors.
Read moreLexington Gold Ltd - Bermuda-based explorer with projects in the US - Receives drill results at the Loflin side of its Jones-Keystone-Loflin project in North and South Carolina. Says the results confirm a "significant new discovery" that has been named Loflin South. Says results returned high-grade intersections close to the surface, including 1.89 grammes per tonne of gold from 20 meters below the surface and 1.67 grammes per tonne of gold 36 meters below.
Read more(Alliance News) - Lexington Gold Ltd on Monday said that the results from its reconnaissance drilling programme at the Carolina Belle project in North Carolina exceeded expectations.
Read moreLexington Gold Ltd - Bermuda-based gold company with projects in the US - Drills six holes for an aggregate of 675 metres at Jones-Keystone, concluding the 5,000 metre reverse circulation drilling campaign.
Read moreURA Holdings PLC - strategic minerals exploration in southern and central Africa - Starts trading on London Main Market on Wednesday, having issued 52.5 million placing shares and 60.0 million to the sellers of operating subsidiary Malaika Developments Ltd. With 141.8 million shares total in issue, URA starts trading with GBP3.2 million market capitalisation, as shares are quoted at 2.25 pence each. It previously was listed in London as a cash shell, but its shares were cancelled in 2018. Malaika has two adjacent exploration licenses in Zambia, covering 1,284 square kilometres squared, to look for graphite, lithium and rare earth elements. URA is led by Ed Nealon and Bernard Oliver as chair and chief executive officer, respectively, who also hold the same roles at AIM-listed Lexington Gold Inc. Sam Mulligan will be in-country operations director, based in Lusaka.
Read moreLexington Gold Ltd - Bermuda-based gold company with projects in the US - Completed on Monday its phase two reserve circulation drilling programme on the Loflin side of its Jones-Keystone-Loflin project located across North and South Carolina, US. Says a total of 18 holes were drilled at Loflin. 278 samples comprising of 4 metre sample composites as well as standards, blanks and duplicates have now been dispatched to American Assay Labs in Nevada, US for gold assaying as well as whole-rock geochemistry analyses.
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