Resource round-up: Ormonde Mining, Solo Oil, Coal of Africa

Also includes: Tertiary Minerals

Ormonde Mining rose on Monday after it reported encouraging progress at its El Facho gold structure at the Zamora Gold Project in Spain. The firm said it had established and defined a gold mineralised zone over a strike length of some 600m with the mineralisation remaining open both at depth and along strike. The project is a joint venture with Aurum Mining. Ormonde rose 3% following the news.

Solo Oil fell 4.5% after it announced production at its oil wells in Western Ontario, Canada, would be delayed. The firm said production from the main Ausable oil production wells had been deferred by several weeks. But it added: "It is clear that all the commissioning issues are with surface equipment and that the wells will meet previously anticipated performance expectations".

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