Apollo Consolidated {ASX: AOP}
City Investors Circle has initiated coverage of Apollo Consolidated, an ASX listed, Western Australian based gold exploration company holding a portfolio of exciting tenements in East Kalgoorlie and the Kimberley.
Apollo has an experienced board and management,and is positioning itself as one of the new wave of Australian explorers. Continue reading
Fiore Gold Ltd. {TSX.V: F}
Released preliminary production results for the company’s fiscal third quarter of 2020 from its Pan open-pit mine in White Pine county, Nevada.
The highlight was that Q3 gold production of 12,792 ounces was a second successive quarter of record gold production. Continue reading
Fosterville South Exploration {TSX.V: FSX}
Has added a second drill rig to accelerate drilling at Golden Mountain.
Fosterville South chief operating officer Rex Motton states: “The core drilling component of this program, now accelerating, is targeting a section with potential for high gold grades.
Cabral Gold Inc. (TSX.V: CBR)
Announced the second closing of its previously announced non-brokered private placement financing (the “Private Placement”) through the issuance of 3,934,710 common shares at a price of $0.125 per share for gross proceeds of $491,839. Continue reading
O3 Mining Inc. (TSX.V: OIII)
Provided new drill results from its East Cadillac property located in Val D’Or, Quebec.
Highlights included 46.4 g/t Au over 1.3 metres located to the north of Nordeau East, and 16.6 g/t Au over 1.5 metres located northeast of Nordeau West. Continue reading
Cascadero Copper (TSX.V: CCD)
Chris Ecclestone, a well known and respected figure amongst our presentation audience, has been appointed CEO of Cascadero Copper, a stock we follow, and listed on the TSX Venture Exchange.
We wish Chris every success in his new position, and look forward to reporting on the results he achieves going forwards. Continue reading
Mining News – Sunday roundup
Copper is the focus of attention this week as LME stocks reduced 2%, although Shanghai stocks rose.
The cause of concern is that Covid-19 is sweeping through Chile and Peru, both major copper producers, and their mines are starting to be closed as a result, resulting in a supply shortage and rising prices. Continue reading
Orla Mining (TSX.V:OLA)
Announced that Sean Spraggett has been appointed as General Manager, Panama.
His extensive experience in-country and across broader Latin America will serve the Company well as we advance our Cerro Quema project in Panama”, stated Jason Simpson, President and Chief Executive Officer of Orla. Continue reading
Fosterville South (TSX.V: FSX}
The company have announced a 1,875,000 share placement at a price of $4 per unit to raise C$7.5 million. The proceeds will be used to fund the ongoing exploration, and for general working capital.
Participants in the raise will quality for the spin out of Leviathan Gold on a 1 for 1 basis, as per the announcement made HERE Continue reading
Neometals Ltd (ASX: NMT)
Neometals confirms an extension to the exclusivity period to allow finalisation of definitive legal agreements for the incorporation of the proposed lithium-ion battery recycling joint venture with German company, SMS Group GmbH Continue reading
City Investors Circle – London
The June 2020 Market Update has been published.
Companies featured include Colonial Coal, Fosterville South, GoldMining Inc., and Minera Alamos.
To read the free update, please click HERE Continue reading
