City Investors Circle – London
Have published their Market Review for October 2020.
Topics include gold, silver, copper and nickel.
Companies mentioned include Colonial Coal, Nouveau Monde Graphite, Zenyatta Graphene Solutions, Fosterville South, and Cabral Gold.
Gold Road (ASX: GOR)
Reported Q3 results, which showed a significant fall in gold produced, but because of a higher gold price the company increased cash realised from gold sales compared to the previous quarter.
Ounces mined fell from 72,900 to 59,000, mostly due to an issue with the mill after a maintenance shutdown. Continue reading
O3 Mining Inc. (TSX.V:OIII)
Announced the filing of an independent Preliminary Economic Assessment (PEA) for its 100% owned Marban project at the Malartic property, in the world-class mining region of Val D’Or in Québec, Canada. Continue reading
Red River Resources (ASX: RVR)
Announced their Quarterly Activities and Cash Flow Report for Q3 2020, until 30th September. The highlight was the repayment of the entire debt of A$6 million leaving the company debt free.
Quarterly copper concentrate production increased for the fourth quarter in a row to a new record of 4,073 dry metric tonnes. Continue reading
Nouveau Monde (TSX.V: NOU)
Announced a strategic milestone for the commercialisation of its value-added and sustainable “battery-grade” graphite anode material
NOU have entered into a five-year agreement with Olin Corporation which includes commercial space for operations, technical services and the supply of certain raw materials to implement our proprietary thermochemical purification operations. Continue reading
Fosterville South Exploration (TSX.V: FSX)
The annual general and special meeting of shareholders scheduled for Oct. 16, 2020, to, among other things, consider and, if thought fit, approve a special resolution with respect to an arrangement, pursuant to which the company will spin out its Avoca and Timor properties into a newly listed vehicle, has been rescheduled to Nov. 13, 2020, at 9:30 a.m. PT. Continue reading
Mining Review – Sunday Roundup 25th October
The precious metal markets were neutral this week, everything on hold awaiting US stimulus talks to conclude, and that election, of course.
The US election is very close now, and it will be a relief when it’s over, I think most people are tired of it now. There is the possibility that postal voting may change the initial result, and civil unrest may ensue. Continue reading
Fosterville South Exploration (TSX.V: FSX)
Announced that it has acquired the Baynton exploration license application (“EL007504”).
The Baynton EL application covers an area of 119 square kilometres and adjoins the south eastern border of the Kirkland Lake, Fosterville Gold Mine tenements, owned by Kirkland lake Gold. Continue reading
Canuc Resources {TSX.V: CDA}
Have updated the market about the recent flurry of activity in the area surrounding their San Javier project in the hills of Sanora.
Barksdale Resources, and a new Osisko spinout, Osisko Developments, are both close to Canuc’s property. Continue reading
Westhaven Gold Corp. (TSX.V: WHN)
Has released results for additional high-grade gold drill intercepts from its continuing drill program at its 17,623-hectare Shovelnose gold property. Shovelnose is located 30 kilometres south of Merritt, B.C.
Highlights from Franz zone, hole SN20-108: – 7.09 to 71.17 m — 34.08 m of 2.07 grams per tonne (g/t) gold (Au) and 16.50 g/t silver (Ag); Continue reading
Fiore Gold (TSX.V: F)
Announced preliminary production results for the Company’s fourth fiscal quarter (“Q4”) and the full fiscal year 2020 which ended September 30th, 2020 for its Pan open pit mine in White Pine County, Nevada.
Full-year gold production of 46,031 ounces, an 11% increase over the preceding year and within guidance of 45,000-48,000 ounces.
Bardoc Gold (ASX: BDC)
CEO Robert Ryan presented to the recent Diggers and Dealers mining conference held in Kalgoorlie, Western Australia.
The presentation can be viewed on the following YouTube link Continue reading
Wesdome Gold Mines Ltd. (TSX: WDO)
Published its gold production results for the Q3 2020.
CEO Duncan Middlemiss commented, “Production in the third quarter of 20,008 ounces was lower than the previous quarter due to annual planned mill maintenance from May deferred to August, year to date production of 70,272 ounces leaves us well positioned to achieve our full year guidance range of 90,000 – 100,000 ounces.” Continue reading
Mining Review – Sunday Roundup 18th October
Something strange happened in the mining world this week, a real life mining conference took place!
The Diggers and Dealers show in Kalgoorlie, Western Australia went ahead due to the very low prevalence of covid cases in WA. Attendance was around 20% lower, due to international travel restrictions. Continue reading
Fosterville South Exploration (TSX.V: FSX)Has obtained the necessary government approvals to drill from an additional 15 drill pad locations at its highly prospective Golden Mountain gold project located in Victoria, Australia.
Multiple holes can be drilled from each of the newly approved drill pad locations within Exploration License EL006430. Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced it has signed an agreement for the delivery of the SAG and ball mills, which is critical path, long lead time equipment required in the refurbishment of the concentrator facility for re-starting the past producing historic Premier gold mine, on the Premier Gold Property, located in British Columbia’s Golden Triangle. Continue reading
Apollo Consolidated (ASX: AOP)
Have released an updated exploration report highlighting new gold discoveries at their Lake Rebecca deposit in Western Australia.
Ongoing shallow infill and exploration drilling at the 775,000 ounce Rebecca Deposit has delivered multiple gold hits below the current resources in the constrained pit. Continue reading
Neometals (ASX: NMT)
Have been served a writ by a third party relating to certain introduction fees in connection with equity and offtake transactions in and after 2015 concerning the Mt Marion Lithium Project, owned by Reed Industrial Minerals Pty Ltd.
Neometals will file a “vigerous defence” in due course. Continue reading
Radisson Mining Resources (TSX-V: RDS)
Announced significant high-grade gold intercepts from the ongoing 60,000 m exploration drill program at its O’Brien gold project located along the Larder-Lake-Cadillac Break, halfway between Rouyn-Noranda and Val-d’Or in Quebec, Canada. Continue reading
03 Mining (TSX: OIII)
CEO Jose Vizquerra has recently purchased C$349,147 worth of shares in an on market transaction.
Two recent analyst reports give higher target prices for the stock Continue reading
