Capital Drilling excited to be working with Sama Resources as they begin drilling at the Yepleu property in Côte d’Ivoire, West Africa

Sama Resources Inc. (TSX-V: SME) is pleased to announce the beginning of the planned 6,000-meter drilling program designed to test high-conductivity targets defined by Phase 1 of the Typhoon™ electromagnetic geophysical survey at the 100%-owned Yepleu property at the Company’s Nickel-Copper-Cobalt-Palladium Project in Côte d’Ivoire, West Africa.

The drilling program is targeting semi-massive and massive polymetallic sulphide anomalies located between 600 m and 900 m from surface. Capital Drilling Côte d’Ivoire Limited is positioning the drill rig for the first hole.

“Mobilisation to the drill site in Yepleu was completed smoothly and preparations to commence drilling at the site are underway. We are excited to be working with Sama Resources on this project and look forward to commencing the drilling program.” said Mr. Brian Rudd, Executive Director of Capital Drilling.

 

 

Capital Drilling (LON:CAPD) provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 91 drilling rigs with established operations in Botswana, Côte d’Ivoire, Egypt, Ghana, Kenya, Mali, Mauritania and Tanzania. The Group’s corporate headquarters are in Mauritius.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Capital Drilling Plc

More articles like this

Capital Limited

Gold near 5-month peak

Gold prices steadied on Monday after hitting a five-month high, as the dollar edged lower after more Chinese cities relaxed COVID-19 restrictions over the weekend. Spot gold was little changed at $1,799.26 per ounce by 0717 GMT, after

Capital Limited

Gold eyes best week in three

Gold prices eased on Friday ahead of a key U.S. jobs report, but were set for their best week in three as the dollar weakened on prospects of slower U.S. Federal Reserve rate hikes and signs of cooling

Capital Limited

Gold gains on dollar pullback

Gold ticked higher on Monday as a retreat in the dollar made bullion more attractive for other currency holders, drawing further support from some safe-haven demand from China amid wide protests over its strict COVID-19 curbs. Spot gold

Capital Limited

Gold prices surge

Gold prices rose as soon as the U.S. Federal Reserve announced that it may slow the pace of interest rate hikes in the future. Globally, gold prices bounced above the key $1,750 an ounce level on Thursday, consolidating

Capital Limited

Gold pinned near 3-month high

Gold prices hovered near three-month highs on Tuesday as mixed signals from Federal Reserve officials on the path of U.S. interest rates kept the dollar pinned to recent lows, while copper prices sank as rising COVID-19 cases in

Capital Limited

Improving safety standards in Africa

At Capital, we have an uncompromising commitment to the occupational health and safety of our employees and others where we work. Through our Tanzanian-based JV partner, International Apprenticeship and Competency Academy Limited (IACA) we now have access to

Capital Limited

Capital Ltd appoints Rick Robson as Chief Financial Officer

Capital Ltd (LON:CAPD) has announced the appointment of Mr. Rick Robson as Chief Financial Officer (“CFO”) following the departure of Mr. Giles Everist. Mr. Robson will replace Mr. Giles Everist with effect from 01 January 2023 and will

Capital Limited

Gold firms as dollar rally pauses

Gold prices rose on Monday after declining more than 1% in the previous session, as a pause in the dollar rally alleviated some pressure from the greenback-priced bullion, though looming U.S. rate hikes restricted further gains. Spot gold XAU= rose

Capital Limited

Capital welcomes new CEO

Capital have welcomed new Chief Executive Officer, Peter Stokes, who commenced on 3 October 2022. Peter’s appointment will support the next phase of Capital’s growth strategy, as they continue to rapidly expand their four key pillars. Peter has

Capital Limited

Gold firms on softer dollar

Gold prices edged higher on Monday on a softer dollar, although prospects of central banks worldwide retaining their aggressive monetary policy stance limited the gains for safe-haven bullion. Spot gold XAU= rose 0.3% to $1,663.99 per ounce, as of 0416

Capital Limited

Gold firms on slightly softer dollar

Gold prices rose on Tuesday as the dollar slipped, but the metal languished near a 2-1/2-year low on prospects of further rate hikes by the U.S. Federal Reserve to tame soaring inflation. Spot gold was up 0.4% at $1,628.78

Capital Limited

Capital Ltd extends drilling contract at B2Gold’s Fekola mine to end 2024

Capital Ltd, the leading mining services company, has announced the award of a new drilling contract and the associated purchase of additional drill rigs and other capital equipment. The new contract is an expanded drilling services agreement with B2Gold Corp at the Fekola Gold Mine in Mali, which

Capital Limited

Capital Ltd – Interim results presentation

Capital Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.

Capital Limited

Gold edges higher

Gold prices inched up in early Asian hours on Tuesday, as the dollar eased off a 20-year high, offsetting pressure from expectations of the U.S. Federal Reserve keeping interest rates higher for longer to combat inflation. Spot gold ticked

No more posts to show