Small cap round up

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Sharecast News | 20 Oct, 2016

IronRidge Resources announced the acquisition of an additional highly prospective “hard-rock” lithium pegmatite license in Ghana, West Africa on Thursday.
The AIM-traded firm said the highly prospective licence covers multiple lithium bearing pegmatite vein swarms, and is adjacent to its existing lithium project portfolio.

Russian gold miner Trans-Siberian Gold has provided a production update on its Asacha mine for the third quarter of 2016.
Mine development during the period was 3,4127m and ore extraction amounted to 130,600 tonnes (mt).

Milestone is raising $1.385m at 1.5p a shar5e to market the newly launched Alchemy e-media platform, recruit key staff and fund additional development of the Passion Project platform.
The AIM-quoted provider of digital media and technology solutions said would issue 92.3m shares. Admission was expected on or around Oct. 31.

Gold and base metals exploration and development company Stratex International announced on Thursday that it has entered into a service agreement with Goldstone Resources.The AIM-traded firm holds a 33.45% interest in Goldstone.

Georgian Mining Corporation reported on Thursday that continued drilling at the Kvemo Bolnisi Project in Georgia has intercepted additional significant near-surface copper and gold sulphide mineralisation.
The AIM-traded firm said the significant new drill intercepts included KED004 27.0m a 2.57% Cu and 0.23g/t Au from 107m, KED003 19.5m at 0.85% Cu and 0.18g/t Au from 46.5m, and KED006 18.8m at 1.5% Cu from 47.0m

Brooks Macdonald Group, AIM listed investment management services company, has appointed Caroline Connellan as its chief executive officer, starting on April 2017. Connellan has over 20 years of experience in financial services, most recently as head of UK premier and wealth at HSBC where she has led the transformation of the UK wealth business.

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