Author: Cloud PR Wire

Press Release

TNR Gold reaches milestone with Gangeng’s Mariana lithium project on track for first production

–News Direct– TNR Gold Corp executive chairman Kirill Klip tells Proactive's Stephen Gunnion the company will start generating its first royalty stream once the Mariana lithium project in Argentina commences production later this year, marking a major milestone for TNR Gold Corp. This development is pivotal as the company aims to establish itself within the green energy metals royalty and gold sector, Klip added. The Mariana lithium project has been operational since January 2023. Owner Ganfeng Lithium has focused on increasing lithium concentration and constructing facilities capable of producing lithium chloride, targeting an annual output of 20,000 tonnes. Moreover, the operations are set to be entirely powered by renewable energy, with a 120-megawatt solar power plant being d...
Press Release

S&U’s resilient performance and growth strategy amidst economic and regulatory headwinds

–News Direct– S&U PLC chairman Anthony Coombs discusses the company's full-year performance and outlook in an interview with Proactive's Stephen Gunnion. Despite facing significant headwinds, especially in the latter half of the period, Coombs noted that S&U demonstrated robust trading, underpinned by the strong demand for its motor finance and property bridging products. Aspen, its property bridging division, achieved a significant milestone, hitting the half-billion lending mark. However, profit growth at motor finance division Advantage was held back by higher interest rates and increased regulatory activity from the Financial Conduct Authority (FCA) concerning forbearance, affordability, and vulnerable customers. Coombs highlighted the company&#...
Press Release

Altona Rare Earths announces strategic diversification with Botswana copper licence option agreement

–News Direct– Altona Rare Earths PLC (LSE:REE) chief executive Cdric Simonet discusses the company's binding option agreements on the Sesana copper-silver project in Botswana with Proactive's Stephen Gunnion. The project is situated within the Kalahari Copper Belt, close to the recently opened Khoemacau copper-silver mine. The licence spans approximately 274 square kilometres and is in a promising location given its proximity to other significant discoveries in a relatively underexplored belt. Simonet noted that the Kalahari Copper Belt shares similarities with the Central African Copperbelt but has been less explored due to its coverage by the Kalahari sands. Recent advancements in geophysical and geochemical investigation methods now allow for effective exploration in ...
Press Release

Ballymore Resources unveils promising results from Dittmer gold project in Queensland

–News Direct– Ballymore Resources Ltd (ASX:BMR) technical director David A-Izzeddin tells Proactive's Stephen Gunnion that initial assay results from a Stage 4 drilling program at the company's Dittmer gold project in north Queensland are very encouraging. The company has a number of projects in the area, which A-Izzeddin said is "remarkably under-explored," despite significant gold findings in the 1990s. Dittmer stands out for its history as a high-grade gold mining area in the late 1800s to early 1900s, with the Dittmer mine noted for its extraordinary gold yield. Ballymore's recent drilling programs have uncovered evidence suggesting the potential for substantial mineral deposits near the historic mine sites, with results indicating the presen...
Press Release

Helium One Global on track with Itumbula West-1 extended well test, commences ESIA study

–News Direct– Helium One Global Ltd CEO Lorna Blaisse and director of operations Mike Williams take Proactive's Stephen Gunnion through the latest progress on the company's Rukwa project in Tanzania. Blaisse told Proactive Helium One has initiated an environmental and social impact assessment study (ESIA), essential for converting its prospecting licence to a full mining licence, marking a significant advancement. This step follows the success of the Phase Two drilling campaign, where it achieved a 4.7% helium flow from the Itumbula West-1 well. The upcoming extended well test (EWT) is crucial for evaluating the project's value in the Rukwa Basin, facilitating the licence conversion process. The assessment, expected to take six months, is underway, running in para...
Press Release

EARNZ targets decarbonisation opportunities under turnaround expert Bob Holt

–News Direct– Earnz PLC (AIM:EARN) executive chairman Bob Holt tells Proactive's Stephen Gunnion that the company aims to position itself in the energy services sector with a focus on energy advisory, regeneration, and net zero (EARNZ). Holt, known for his success in building companies such as Mears Group and turning around businesses in the energy sector, took control of a cash shell recently to establish Earnz. The companys strategy revolves around capitalising on decarbonization and carbon capture opportunities, with Holt already having invested in related ventures before acquiring the shell. Earnz is eyeing investments and acquisitions in the energy services and Net Zero sectors, specifically targeting businesses that align with the transition from gas to alternative heatin...
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Helix Exploration’s David Minchin eyes helium riches in Montana after oversubscribed IPO

–News Direct– HeLIX Exploration PLC (LSE:HEX) chairman David Minchin joins Proactive's Stephen Gunnion following the company's listing on London's AIM market, a significant milestone for the company. Minchin told Proactive that Helix Exploration is engaged in helium exploration in Montana, focusing on the Ingomar Dome, spanning over 16,500 acres. The company boasts a P50 resource estimate of 2.3 billion cubic feet of helium, with potential upside exceeding 6 billion cubic feet. This venture is substantially de-risked by historical drilling evidence of gas across target reservoir horizons. Notably, several formations have shown promising gas presence, setting a solid foundation for drilling activities slated for the third quarter of this year as the company aims f...
Press Release

Futura Medical targets global expansion with Eroxon, eyeing profitability in 2024

–News Direct– Futura Medical PLC (AIM:FUM, OTC:FAMDF) CEO James Barder tells Proactive's Stephen Gunnion about a strategic shift and refresh for the company in 2023, marked by the successful launch of Eroxon in the UK and Belgium, generating 3.1 million in revenues, FDA marketing authorisation in the US, and an exclusive marketing rights deal with Haleon for Eroxon in America. These achievements have broadened Futura's global distribution network to approximately 80%, excluding China. The company aims to establish a new sexual health category within the OTC market, leveraging Futura's R&D expertise. The specific launch date in the US with Haleon remains undisclosed due to competitive sensitivities, targeted within a year from the end of February. Pre-lau...
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Kincora Copper CEO Sam Spring discusses strategic exploration and partnerships

–News Direct– Kincora Copper Ltd (TSX-V:KCC, ASX:KCC, OTC:BZDLF) CEO Sam Spring tells Proactive's Stephen Gunnion the company looking for partners for its portfolio of assets in the central west of New South Wales, Australia, a region noted for significant copper deposits. Kincora, a copper porphyry explorer and project generator, holds a strategic position in the Macquarie Arc, featuring both early-stage prospects and advanced projects like Fairholme and Trundle, located within a globally significant mineral system with existing infrastructure. The region has witnessed substantial mergers and acquisitions activity, including Newmont's acquisition of Newcrest and Metals Acquisition Ltd's purchase of the CSA copper mine from Glencore, indicating a high level of c...
Press Release

CURE ALZHEIMERS FUND HONORED WITH FUNDRAISER

–News Direct– Cure Alzheimers Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimers disease, is honored to be the recipient of donations raised by the Hamilton and Bowdoin Colleges womens lacrosse teams. The Continentals from Hamilton College @hamiltonwomenslacrosse in Clinton, New York, were hosted by NESCAC rival Polar Bears from Bowdoin College @bowdoinwlax in Brunswick, Maine on Saturday, March 30. The teams joined forces to dedicate their game to raising awareness and contributions for research in honor of those who have been impacted by Alzheimers disease. More than $900 was raised for research. Over the course of their lives, women are more likely to be both caregivers and patients impacted by Alzheimers disease, said Meg Smith,...