ADX Energy is ramping up its Austrian oil and gas operations, targeting an additional 1,000 BOEPD of net production through a near-term drilling program. The company is advancing several prospects including HOCH-1, GOLD-1, and SCHOEN-1, while also progressing larger opportunities at Welchau and the Sicily Channel.
Richmond Minerals Inc. has acquired a portfolio of 10 exploration properties in Austria from High Grade Metals Ltd. for a one-time cash payment of AUD $30,000. The acquisition adds 554 licenses covering critical metals (Ni, Co, Cu, Pb, Zn, Ag) and gold, significantly expanding the company's total license count to 653.
Richmond Minerals has identified two new mineralized areas at the Oberzeiring Polymetallic Project in Austria through prospecting and mapping. Underground chip sampling confirmed high-grade lead, zinc, silver, and antimony mineralization, consistent with historical reports.
