Ovoca Gold has found potential gold resources at its Stakhanovskiy project in the Magadan region, Russia, but said more development work was needed. It said studies at Stakhanovskiy had identified four mineralised areas, namely Zabolocheniy, Albitoviy, Burovaya, and Berezitoviy. Most of the minera
Read moreTwo companies controlled by board members of Ovoca Gold have cut their stakes in the Russia-focused gold miner in two transactions totalling £1.84m. On 8 July, Salyco Trading Company, a firm controlled by Ovoca's executive chairman Mikhail Mogutov, sold over 2.37m ordinary shares at a price of 40p
Read moreOvoca Gold says that soil sampling in the Podgorniy area of Russia shows a large gold-silver-arsenic anomaly. The anomaly is approximately three kilometers in length and one kilometer wide. Alluvial gold has been mined in the streams in the area. Trench and drilling work will start in the 2011 ex
Read moreIrish zinc explorer Connemara Mining has intersected additional high grade zinc-lead mineralisation 400m to the southwest of the Stonepark North discovery in Limerick. "The Stonepark discovery in Limerick is getting bigger and better," said chairman John Teeling. Circle Oil is "even more convince
Read moreConnaught finance director Stephen Hill has added 50,000 shares to his holding in the outsourcing company following the departure of its chief executive last Friday. Hill has invested £158,500 at 317p a share. This follows the purchase of 5,000 shares for 331p each on 29 January. Hill owns 177,660
Read more