City Investors Circle
City Investors Circle of London have published their market update for April 2018.
The update contains an invitation to our next free luncheon presentation consisting of two exciting junior mining companies from the USA and Canada.
To receive our market updates and invitations to all our free to attend events, please email andrew@city-investors-circle.com Continue reading
Neometals {ASX: NMT}
Issued their Quarterly Activities Report.
Production ramp up continued during the quarter with 104,505t of concentrate produced, including 56,065t 6% Li2O concentrate and 48,440t 4% Li20 concentrate. Shipments totalled 83,949t. Continue reading
Tinka Resources Limited {TSX.V: TK}
Announced that it has closed the second and final tranche of its previously announced non-brokered private placement financing of units of the Company.
Under the Second Tranche, the Company issued 5,020,000 Units at an issue price of C$0.48 per Unit for gross proceeds to the Company of C$2,409,600. Continue reading
GoldMining Inc. {TSX-V: GOLD}
Announced that it has entered into an agreement to indirectly acquire the Narrow Lake property.
The Property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the Company’s Nicholas Lake-Ormsby property, one of the four properties that comprise the Yellowknife Gold Project. Continue reading
Barkerville Gold Mines Ltd. {TSX.V: BGM}
Announced that it has entered into an agreement to purchase twelve mineral claims covering an area of 5300 hectares located in the Cariboo Gold District in British Columbia. Continue reading
Radisson Mining Resources {TSX.V: RDS}
Announced an update on the exploration program underway at the O’Brien gold project located along the Cadillac Break, halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada. Continue reading
Bitcoin $BTC
and the other leading crypto currencies and tokens are staging a strong fightback after the rout that saw prices fall around 66% in early 2018.
Interestingly, Bitcoin is recovering slower than the other leading cryptos, such as Ethereum, Ripple, and Bitcoin Cash. Continue reading
Zenyatta Ventures {TSX.V: XZEN}
The concerned shareholders have mailed out a circular in response to the standing down of the CEO, who is to be paid $900,000 in stages, and his subsequent appointment as a director, on the same $225,000 salary as he received as CEO.
THE dissidents accuse management of “entrenchment”, and “running a lifestyle company”. Continue reading
Minera IRL Ltd. {CSE: MIRL}
Provided an update on the Corporacion Financiera de Desarrollo SA arbitration pending before the Chamber of Commerce of Lima, plus a program at its Corihuarmi mine initiated in an effort to minimise production costs and the status of the new technical report being prepared by Mining Plus. Continue reading
Smartcool Systems Inc. (TSX.V: SSC}
Announced that the company has completed an installation at Apogee Beach Condominiums, Hollywood, Florida.
An initial installation of Smartcool’s proprietary technology on 5 Heat Pumps serving the common areas of the Apogee Condominium tower provided in excess of 20% reduction in compressor run time. With this positive result the Apogee Beach Condominium Association chose to install Smartcool energy efficiency technology on all 90 heat pumps servicing the 49 Exclusive Beachfront Residences. Continue reading
Zenyatta Ventures {TSX>V: ZEN}
The battle for Zenyatta Ventures goes on, with a dissident group looking to oust CEO Eveleigh and three other directors.
Eveleigh has now announced he is standing down as CEO, and will receive a $900,000 payoff (in 12 x 6 monthly stages), but will remain as a director on his current salary of $225,000! Continue reading
Neometals Ltd {ASX: NMT}
Announced details of the nickel Mineral Resources at the Mt Edwards tenement holding. As announced on 15 March 2018, Neometals has executed binding agreements to acquire a package of tenure and mineral rights including lithium and nickel rights comprising the Mt Edwards Project. Continue reading
Tyranna Respurces {ASX: TYX}
Reported visible gold from their recent round of diamond drilling at their Jumbuck JV gold project, located in Southern Australia.
The best result was 6m @ 6.2 g/t Au from 47m 18CBDH002, including 1m @ 30.6 g/t Au from 50m depth. Continue reading
Neometals {ASX: NMT}
Announced an updated resource for their Barrambie titanium and vanadium project, located in Western Australia.
The total Indicated and Inferred Mineral Resource estimated to be 280.1 million tonnes at 9.18% Titanium and 0.44% Vanadium to 80m vertical depth. Continue reading
Tyranna Resources {ASX: TYX}
MD Bruno Seneque presented to a full house of investors in London, following a successful roadshow in the city during the week.
Seneque introduced the company, and the project portfolio, including the new Nevada copper/cobalt project. Continue reading
Minera IRL {CSE :MIRL)
Minera IRl, the Latin America gold mining company, announced highlights from its annual report for the year ended 31 December 2017, which has been filed on SEDAR. Continue reading
Kootenay Silver Inc. {TSX.V: KTN}
Announced initial results from the current drill program on their La Cigarra silver project in Chihuahua, Mexico. KTN has successfully extended the silver mineralisation for 1000 meters to the northwest beyond the current 2.4 kilometer-long NI- 43-101 Resource envelope, along what is known as the La Borracha Zone. Continue reading
Zenyatta Ventures {TSX.V: ZEN}
Dr. Francis Dube and a group of concerned shareholders, in their capacities as shareholders of Zenyatta Ventures Ltd., have delivered a requisition to the corporation pursuant to Section 105 of the Business Corporations Act (Ontario), resulting in the corporation calling a special meeting of its shareholders for May 11, 2018. Continue reading
Nouveau Monde Graphite {TSX.V: NOU}
Intends on completing by the end of 2018 its feasibility study leading to the implantation of the first ever all-electric open-pit mine.
The results of this study will serve to confirm the project’s economic viability and to determine how best to exploit the graphite deposit of Saint-Michel-des-Saints in a carbon-neutral way to meet the NMG’s sustainable ambitions. Continue reading
Neometals {ASX: NMT}
Have received the test results which validate their lithium hydroxide production process.
Vendor testing produced a 99.99% purity, meaning that this is battery grade material. Continue reading
