Red River Resources Quarterly Highlights and Cash Flow Report Q3 2020

   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 announces a milestone for the commercialisation of its graphite anode material

   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 updates on their AGM and Special Meeting

   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

   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 acquires land adjoining Kirkland Lake’s tenements

   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

Westhaven drills 13.1 m of 4.86 g/t Au at Shovelnose

   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 news – Pan Mine production up 11% to a new full year high

   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.

Continue reading

Wesdome Gold Mines – Published its gold production results for Q3 2020.

   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

Fosterville South obtains approval for new drill pad locations at Golden Mountain

   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 Places Order for the SAG and Ball Mills

   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 Infill drilling points to more gold at their Rebecca Deposit

   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 served legal proceedings for Mt. Marion, intend to vigorously contest the writ

   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