Top 5 Most Read RNS's on Vox Markets for Monday 6th March 2023

Episode 1232,   Mar 06, 2023, 07:58 AM

Top 5 Most Read RNS's on Vox Markets for Monday 6th March 2023

5. Versarien #VRS - Costain Civil Engineering Project

Versarien announce the completion of the construction phase of a civil engineering project being undertaken by the Company with a subsidiary of Costain Group plc.

Versarien has been working with Costain to develop designs for, and bring into production, a 3D printed concrete headwall for use in highway construction projects, part of the Digital Roads of the Future Partnership, a collaboration led by the University of Cambridge, Costain and National Highways, of which Versarien is a partner.

4. Horizonte Minerals #HZM - Araguaia Line2 Feasibility Study Contracts Awarded

Horizonte Minerals reports that it has awarded contracts for the Line 2 Feasibility Study at its Araguaia Nickel Project. The second line at Araguaia is expected to increase production by 100% to 29,000 tonnes of nickel per year through the construction of a duplicate RKEF processing facility ("Line 2").

3. IOG PLC #IOG - Blythe H2 well spud

IOG plc confirms that the Blythe H2 well was spudded at 3.20am on Sunday 5th March.

The H2 well is expected to take approximately three months to drill, complete and hook-up, subject to the usual offshore operational risks to scheduling.

2. Greatland Gold #GGP - 2023 Half Year Results Summary

Cash: £59.8 million (30 June 2022: £10.4 million)

§ Total Debt: £43.5 million (30 June 2022: £43.1 million)

§ Operating loss (before share-based payments): £3.5 million (H1 FY22: £2.9 million)

§ Havieron Feasibility Study progressing; focus on value enhancing options

§ Updated Mineral Resource for Havieron of 85Mt at 2.0g/t Au and 0.26% Cu for a total of 5.5Moz of Au and 222kt of Cu (100% basis), being over 6.5Moz AuEq

1. UK Oil & Gas #UKOG - Turkey: Pinarova-1 drilling update

UK Oil & Gas announce that further to its Pinarova-1 release of 1st March 2023, the Company is now in possession of Turkey's General Directorate of Mining & Petroleum Affairs' formal written consent covering the Pinarova-1 exploration well's geological and technical objectives and design.

As is customary, GDMPA request that they must receive a notice of intended "spud" date five days before actual drilling commencement, still currently expected to be around the end of March or early April 2023.