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Last updated on April 18, 2014 at 12:45 EDT

Latest Senetek Plc Stories

2011-11-16 08:33:00

HILTON HEAD, S.C., Nov. 16, 2011 /PRNewswire/ -- Independence Resources Plc (formerly "Senetek Plc ") (OTCBB: SNKTY) announced today that it has received preliminary results from its recent geophysical program that it undertook at its Iron Creek copper-cobalt project near Salmon, Idaho. The Company conducted Reconnaissance Induced Polarization (RIP) studies and this program has confirmed the polarization signatures of the known Iron Creek copper-cobalt zones known as the No Name Zone and...

2011-10-06 08:00:00

HILTON HEAD, S.C., Oct. 6, 2011 /PRNewswire/ -- Senetek Plc (OTCBB: SNKTY) is pleased to announce it has obtained the necessary permits to undertake the remainder of its planned work program at its Iron Creek cobalt-copper project in Lemhi County, Idaho. The needed exploration permits were granted by the U.S. Forest Service late last week. The Company will be running induced polarization studies on the northern arsenopyrite gold zone. This zone was identified by previous operators who took...

2011-09-01 09:34:00

HILTON HEAD, S.C., Sept. 1, 2011 /PRNewswire/ -- Senetek Plc (OTCBB: SNKTY) announced today that it has elected to exercise its contractual "put" right with Platinum Partners and has elected to receive back its $5 million investment in the Relief Canyon secured debt plus accrued interest. Additionally, the Company has elected to repay the secured debt in the amount of $2,876,790 it currently owes to Platinum. In return for early retirement of the debt, Platinum has agreed to increase the...

2011-05-20 07:00:00

HILTON HEAD, S.C., May 20, 2011 /PRNewswire/ -- Senetek Plc (OTCBB: SNKTY) is pleased to announce the appointments of Mr. John J. May and Mr. Bobby Cooper to the Board of Directors of the Company. Mr. John May is a professional accountant and long-time business entrepreneur. Mr. May is a Fellow of the Institute of Chartered Accountants in England and Wales. He is Chairman and Policy Director of the Small Business Bureau Limited and Policy Director of "The Genesis Initiative Limited",...

2011-03-18 08:44:00

HILTON HEAD, S.C., March 18, 2011 /PRNewswire/ -- Senetek Plc (OTC Bulletin Board: SNKTY) is pleased to announce it has closed the acquisition of all of the issued and outstanding shares of Iron Eagle Acquisitions, Inc., a Nevada corporation. Iron Eagle owns two mining assets, the Gray Eagle Mine in California, and the Iron Creek Property in Idaho. Senetek has issued 8,150,000 shares in conjunction with the acquisition. The Gray Eagle Copper Mine, which is a past producer of significant...

2011-02-08 13:12:00

HILTON HEAD, S.C., Feb. 8, 2011 /PRNewswire/ -- Senetek Plc (OTC Bulletin Board: SNKTY) announced today an update on its oil project in Dawson County, Texas in which the Company holds a 15% working interest. In review, during the quarter ended September 30, 2010 drilling commenced on the initial test well (the Riggin #1). This well was completed for production and achieved commercial production in November, 2010. The well was completed in the Mississippian formation, which was the lowest of...

2011-02-07 13:49:00

HILTON HEAD, S.C., Feb. 7, 2011 /PRNewswire/ -- Senetek Plc (OTC Bulletin Board: SNKTY) announced today that Canarc Resources has declined to exercise its option to purchase the Relief Canyon mine and mill assets by the February 4th deadline. As a result, the backup bid submitted by Platinum Partners on behalf of the secured creditors is the only remaining bid offered to secure ownership of all the Relief Canyon assets through action being adjudicated in Federal Bankruptcy Court in Reno,...

2010-12-21 14:41:00

HILTON HEAD, S.C., Dec. 21, 2010 /PRNewswire-FirstCall/ -- Senetek PLC (OTC Bulletin Board: SNKTY) announced today that commercial production commenced in Texas from the Riggin #1 well in the Permian Basin. The well, in which Senetek holds a 15% working interest (11% net revenue interest) was drilled to a total depth of 10,426 feet to test the Mississippian formation. Total costs, including completion costs, were $1,144,638. Well logs indicated a pay zone in that formation, as well as over...

2010-05-18 08:20:00

NAPA, Calif., May 18 /PRNewswire-FirstCall/ -- Senetek PLC (OTC Bulletin Board: SNKTY) announced today that it has entered into a participation agreement with SDX Resources of Midland, Texas for a 15% working interest in the Riggan Project, located in Dawson County, Texas. SDX controls 1,677 net acres in the DeRoen Field area of Dawson County. This field was a Mississippian discovery back in 1981, and has historically produced 2.4 million barrels of oil from 25 Mississippian completions,...

2010-04-27 12:18:00

NAPA, Calif., April 27 /PRNewswire-FirstCall/ -- Senetek PLC (OTC Bulletin Board: SNKTY) is pleased to provide an update on the status of its secured interest in the assets of Firstgold Corporation. As reported previously on April 7, 2010, Senetek consummated the purchase for $5.0 million from a partnership that is majority owned by Platinum Partners Value Arbitrage Fund of an interest in $7.0 million of amounts owed to the fund pursuant to outstanding notes and contractual rights of...