FIORE GOLD LTD. (TSX.V: F)
Reported additional results from the resource expansion and exploration drilling program at its Gold Rock project in Nevada.
These latest results include a new discovery of oxide gold mineralization at Jasperoid Creek, approximately 1.4 km north of the current Gold Rock PEA pits. Continue reading
Bardoc Gold (ASX: BDC)
Published the DFS for their Bardoc Gold Project, located north of Kalgoorlie in Western Australia.
Free cashflow is A$113 million per year, with a LOM of 8 years, with excellent exploration upside potential, as proven at similar projects in Western Australia. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Announced it will commence an exploration drilling programme at its United Downs project in Cornwall UK, on April 6, 2021, after receiving confirmation of its permitted development rights.
The aim of the drill programme is to follow-up on the discovery of high-grade copper-tin mineralisation in drill hole GWDD-002 that recorded 14.69 m at 8.45% copper and 1.19% tin. Continue reading
Mining Review – Sunday 28th March 2021
The elephant in the room this week is the confiscation of Resolute Mining’s Bibiani licence, by the Ministry of Mines, Ghana. This is very disappointing, and we await the reasons for this before passing judgement on the country of Ghana.
Most metals were moribund, but Rhodium took a 15% hit, after a long winning streak. Continue reading
Radisson Mining Resources Inc. (TSX-V: RDS)
Announced significant high-grade gold intercepts from the ongoing 130,000 m exploration drill program at its 100% owned O’Brien gold project
The glory holes were 57.48 g/t Au over 2.80 m, and 18.42 g/t Au over 5.00 m
Resolute Mining (LSE / ASX: RSG)
Resolute Mining Limited advises that it has today received a letter dated 23 March 2021 from the Ghanaian Minerals Commission advising that, on the instructions of the Ghanaian Honourable Minister of Lands and Natural Resources, the Mining Lease for the Bibiani Gold Mine stands terminated.
The Company has been advised to cease all activities and operations at the mine site. Continue reading
O3 Mining Inc. (TSX.V: OIII)
03 Mining provided new drilling results from the Marban project on its Malartic Property in the Val-d’Or region of Québec, Canada as part of its 250,000 metre drilling program.
The highlight was 5.1 g/t Au over 5.1 metres including 13.1 g/t Au Over 0.5 metres and 15.2 g/t Au over 0.7 metres in hole O3MA-21-033-W1 at the North Shear zone. Continue reading
Silver Tiger Metals (TSX.V: SLVR )
Reported an intersect of 1.6 meters grading 1,355.4 g/t silver equivalent in the Sooy Vein and 2.3 meters of 870.7 g/t silver equivalent in the Sooy Footwall Zone in Drill Hole ET-21-213.
This hole was drilled on Section 4812.2N to test the Vein and the Footwall Zone about 90 m to the south along strike from Discovery Hole ET-20-202. Continue reading
Fosterville South Exploration (TSX.V: FSX)
Reported new gold assay results from rock chips samples collected as part of the ongoing exploration program at Enoch’s Point (which forms part of the Walhalla Gold Belt Project), being conducted in preparation for drilling.
Highlight sample assays include CR12969 which graded 179 g/t gold, CR13069 which graded 155 g/t gold and CR13017 which graded 16.8 g/t gold. Continue reading
Red River Resources Limited (ASX: RVR)
Advises of an inadvertent administrative oversight of the need to obtain shareholder approval following the May 2018 appointment of the Company’s auditor, RSM Australia Partners (RSM), by the Company’s board of directors (Board). Continue reading
Apollo Consolidated (ASX:AOP)
Announced the discovery of new gold zones at the Lake Rebecca gold project in Western Australia, following results of recent geotechnical drilling.
Diamond drilling conducted for geotechnical purposes at the Jennifer structure uncovered up to 7.4 meters at 4.7 grams per tonne grade of gold outside known resource. Continue reading
Mining Review – Sunday 21st March 2021
Gold, silver, and platinum all rose this week after Fed Chair Powell announced no interest rises before 2023.
That suggests he prefers the inflationary route out of this crisis, and that’s good for gold of course. Continue reading
Gold Royalty Corp. (NYSE: GROY)
Announced it has entered into an agreement to acquire a 1.2% net smelter return royalty on the Séguéla Gold Project located in Côte d’Ivoire.
Seguela is owned by Roxgold (ROX.TO) and the vendor of the NSR is ASX listed Apollo Consolidated. Interestingly, both companies are on our watchlist.
Continue reading
Fiore Gold Ltd. (TSX.V: F)
Announced that its financial statements and management’s discussion and analysis for the first fiscal quarter (“Q1 2021”) ended December 31, 2020, have been filed with the securities regulatory authorities and are available at www.sedar.com and on the Company’s website at www.fioregold.com Continue reading
Apollo Consolidated (ASX: AOP)
Announced the sale of their royalty in the Seguela gold project located in the Ivory Coast and owned by Roxgold, for the sum of A$20 million in cash, to Golf Royalty Corp, listed on the NYSE.
Roxgold have 14 days to match the terms of the agreement to buy back the royalty itself. Continue reading
Red River Resources Limited (ASX: RVR)
Announced it has commenced a drilling program targeting gold in areas proximal to its Thalanga Operations in northern Queensland.
Red River produces zinc, copper and lead with gold and silver credits at its Thalanga Operations, where it is currently mining the Far West deposit. Continue reading
Los Cerros Ltd (AS,X: LCL)
Updated the market regarding recently received assays and additional porphyry-focussed Chuscal drilling intersects two separate gold porphyry systems.
The Chuscal target is part of the 100% owned Quinchia Gold Project in Colombia which includes the Tesorito near surface porphyry, and the Miraflores ~450koz Reserve all within a 3km radius, plus several undrilled high priority exploration targets. Continue reading
Silver Tiger Metals (TSX.V: SLVR)
Published their latest presentation for the virtual PDAC 2021.
Their El Tigre property in Sonora, Mexico, is very prospective for silver, with gold credits. The company is well financed and a recent discovery has resulted in a new area to drill. Continue reading
Mining Review – Sunday Update 14th March 2021
A slightly better week for gold and silver, both finished positive after the recent rout. US stocks rebounded strongly, especially on the tech laden NASDAQ.
Bitcoin claims a big scalp as Peter Schiff’s son sells everything including his gold to invest in Bitcoin, which has just reached another all time high. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Announced they are to lease a 1.2 hectare site surrounding New Roskear Shaft in Camborne for up to 23 years, agreed to lease the mineral rights owned by Roskear Minerals LLP within the South Crofty Underground Permission Area for up to 25 years, and agreed for the disposal of waste material derived from the treatment of mine water from South Crofty Mine. Continue reading
