We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Highland Gold Mining Ld | LSE:HGM | London | Ordinary Share | GB0032360173 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 299.60 | 299.80 | 300.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHGM
RNS Number : 6279W
Highland Gold Mining Limited
02 August 2018
HIGHLAND GOLD MINING LIMITED
New Exploration Licence Near MNV
02 August 2018
Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) is pleased to announce that it has received a new exploration licence for the Vilkinskaya zone, a greenfield site adjacent to the Company's existing licences for Mnogovershinnoye (MNV).
Vilkinskaya is located to the northeast of MNV and covers a territory of 33 square kilometres. Potential mineralisation has already been identified at the site. The licence was granted to Mnogovershinnoe LLC by Russia's Far East Federal District Subsoil Use Department for a period of seven years.
In addition to the main MNV licence, the Company already holds licences for the Western and North-Western Flanks, as well as the Lower Horizons below current underground operations. Last year, the Company received two more greenfield licences for the neighbouring Zamanchivaya and Kulibinskaya zones.
MNV has been the focus of an extensive programme of near-mine exploration and reserve recalculation over the past three years. These efforts, which are ongoing, have already resulted in an extension of the life of mine as well as an updated mineral resource and ore reserve statement published last year.
A new JORC-compliant reserve estimate for MNV, taking into account recent exploration results, is currently in progress and is due to be published in Q3 2018. The updated reserve report is expected to further extend MNV's life of mine beyond the previous estimate of 2022.
FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold Mining Ltd. John Mann, Head of Communications + 7 495 424 95 21 Duncan Baxter, Non-Executive Director + 44 (0) 1534 814 202 Numis Securities Limited John Prior, James Black, Paul Gillam (Nominated Adviser and Joint Broker) +44 (0) 207 260 1000 BMO Capital Markets Jeffrey Couch, Neil Haycock, Pascal Lussier Duquette (Joint Broker) +44 (0) 207 236 1010 Peat & Co Charlie Peat (Joint Broker) +44 (0) 207 104 2334
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCFKBDDCBKKFFK
(END) Dow Jones Newswires
August 02, 2018 05:19 ET (09:19 GMT)
1 Year Highland Gold Mining Ld Chart |
1 Month Highland Gold Mining Ld Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions