ENNEX International has increased its loss before tax from, $91,000 in 1994 to $198,000 (£124,787) in 1995. A loss of $215,000 incurred on the disposal of a subsidiary during 1995, was blamed for the latest headline figure.

The group spent $855,000 on exploration and development" on its properties last year. This included its gold exploration programme in Northern Ireland, which was resumed in the middle of 1995.

Net current assets grew from $3,154,000 to $6,652,000.

Cash rose from $3,295,000 to $6,910,000.