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Synairgen PLC, Alien Metals Ltd, Sensyne Health PLC, Vast Resources PLC …


 () has said its inhaled formulation of drugs to treat patients with coronavirus (COVID-19) could be an effective tool for patients who have a combination of respiratory viruses during winter months, according to recent trials in hospitalised patients. Further positive results of the SG016 trial, where 101 patients hospitalised with COVID-19 were given either the inhaled drug, known as SNG001, or a placebo, have been published in The Lancet Respiratory Medicine journal. Patients who were given the company’s inhaled formulation of interferon beta-1a had greater odds of improvement and recovered more rapidly than placebo, and the drug was safely tolerated.

() has told investors that a detailed survey has begun for the Donovan 2 copper-gold project in Mexico. Capstone Mining (), which is earning into the project, has commissioned a detailed close-spaced surface Induced Polarisation (IP) geophysical survey across the majority of the tenement. The aim is to add detail to the project’s northern anomaly and to extend historic geophysical work undertaken by Alien.

() has announced the appointment of Derek Baird to its senior management team as President for North America. Baird will join the UK clinical artificial intelligence company on December 1, 2020, and will focus on driving the commercial development of the North American operations, building Sensyne’s presence in the US and recruiting a US-based team. He joins the firm from AVIA, a digital transformation partner for health systems and payers, where he served as senior vice president for growth, and has previously held senior roles at healthcare software company Health Language, clinical decision support system products provider Zynx Health and ambulatory electronic health records provider Practice Partner.

 () confirmed it is on the brink of its first sale of concentrate at the Baita Plai polymetallic mine in Romania. In a statement, Vast confirmed that it has copper concentrate prepared and ready for the first commercial delivery to the Port of Constanta in Romania. It is now awaiting confirmation of the vessel arrival ahead of being able to formally announce the completion of the first sale to Mercuria.  Vast now expects the sale to formally complete next week. In an earlier statement on Friday, Vast said Friday it has increased the size of its exploration target at Baita Plai. The company said that the size of the Antonio North area has increased to 1.4mln to 2.8mln tonnes, from 0.2mln to 0.5mln tonnes previously, which takes the estimate for the whole project to 3.2mln to 5.8mln tonnes from 1.8mln to 3mln tonnes. The increase is the result of a review of historical data which has only recently become available.

Bacanora Lithium PLC () has told investors that its Chinese backer Ganfeng Lithium has exercised its option to increase its stake in the Sonora lithium project in Mexico. Gangfeng is a cornerstone investor in Bacanora and also an offtake partner for the Sonora project. The Chinese firm will subscribe for 73.95mln new shares in the SLL vehicle, an operational holding company for the project, giving the Chinese group 50% ownership. Bacanora remains project operator and Ganfeng will lead engineering, procurement and construction. The AIM-quoted firm said it remains on schedule to kick off initial site works at Sonora in 2021, with production due to start production in 2023.

Pure Gold Mining Inc () () Friday announced its third-quarter 2020 financial and operating results, saying the development of its PureGold Mine in Red Lake, Ontario, is continuing at a “rapid pace” and the company remains on track to bring the first ore to the mill before year-end. The company raised about $7.1 million during the quarter from the exercise of share purchase warrants and said it remains fully funded through construction of the PureGold Mine.  exercised 5.9 million of those warrants, increasing its ownership interest in the company to…



Read More: Synairgen PLC, Alien Metals Ltd, Sensyne Health PLC, Vast Resources PLC …

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