The gold exploration and development company has secured a £350,000 convertible loan facility from major shareholders and directors, providing additional working capital to advance its projects.
The gold exploration and development company has appointed a new non-executive director with extensive experience in international banking, capital markets, and corporate leadership.
The gold exploration firm reported progress in its projects, including a maiden JORC Exploration Target, but faces ongoing financial challenges with increased losses and reduced cash position.
The gold exploration company has extended known gold mineralization at its Jennings-Pioneer Project in the USA and made a new gold discovery, confirming the project's growth potential.
The gold exploration and development company provides an operational update on its projects in South Africa and the USA, with a delay in one study but progress on another.
The gold exploration company has been granted a new prospecting right in South Africa's Witwatersrand Basin, expanding its footprint in a highly prospective region.
The gold exploration company has announced a change in director shareholding.
The gold exploration company has been granted a new consolidated prospecting right for its Bothaville project in South Africa, streamlining the company's tenure and permitting structure.
The gold exploration company has successfully completed a drilling program at its Jennings-Pioneer project in South Carolina, USA, with visual indicators of mineralization observed.
The gold exploration firm reported widening losses and a significant cash burn in 2024, despite progress in defining resources. Auditors highlighted material uncertainty about its ability to continue as a going concern.