UK 20:27 Friday, 6 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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Unloved Noricum Gold (NMG) is planning to establish a hefty increase in resources at its Bolnisi copper and gold project in the Caucasian republic of Georgia. Chief executive officer Greg Kuenzel, who has steered the hitherto Austria-focused AIM enterprise into this new region, declares the company, whose shares have dropped from 2010’s float price of 4p to a new low of 0.14p, is on track to prove a formal resource there of 200,000 tonnes of copper and 1.5 million oz. of gold, with scope to go for much larger targets, compared with unofficial, Soviet-era estimates of 980,000 tonnes of copper and 6.6 million oz. of gold.
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