Mining Review – Sunday Update 11th April 2021
Gold continued its recent rise as the US Treasury 10 year bond fell back 4%, and the US $ Index 1%.
The Ukraine military tension seems to be at a critical level, with rumours of an attempted invasion of Crimea. Any action will result in an upturn in the price of gold. Continue reading
EnviroLeach Technologies (CSE: ETI)
Is pleased to provide the following update on operations at the EnviroCircuit electronic waste (“E-Waste”) processing facility during the three month period ended March 31, 2021.
Highlights during the period period ended March 31, 2021 included Restarting operations on February 24, 2021 following COVID-19 related shutdown, and processing 57.4 tonnes of end of life printed circuit board assemblies, producing 13.6 tonnes of high grade concentrates containing gold, copper, silver and palladium.
Los Cerros Limited (ASX: LCL)
Advised that Tesorito South diamond drill hole TS-DH16, within the 100% owned Quinchia Gold Project in Colombia, has delivered an outstanding intercept of 460.9m @ 1.11g/t Au from surface within a broader intercept of 582.3 @ 0.94g/t Au from surface.
This by far eclipses the best drill intercepts to date, and elevates Tesorito South to a globally significant recent gold porphyry discovery. Continue reading
Fosterville South Exploration (TSX.V: FSX)
Reported that drilling is targeted to commence in the next few weeks at the Keath’s Reward target, contained within their Lauriston Project.
The Keath’s Reward target joins multiple other areas within the Lauriston Project with land access agreements now in place, and drill targets defined, based on field work and historic data. Continue reading
Zen Graphene Solutions (TSX.V: ZEN)
Is aware of the statements from Health Canada (HC) regarding masks containing graphene and is aligned and supportive of the steps taken to regulate the use of graphene and remove products that are unsafe for the public.
ZEN has had comprehensive testing performed on its biocidal coating and demonstrated that it can provide an added level of protection for front-line workers and public. Continue reading
Silver Tiger Metals Inc. (TSX.V:SLVR)
Has intersected 5.6 meters grading 1,010.3 g/t silver equivalent within 14.2 meters grading 519.5 g/t silver equivalent in drill hole ET-21-204.
Highlights include Hole ET-21-204: 5.6 meters grading 1,010.3 g/t silver equivalent from 120.4 meters to 126.0 meters, consisting of 272.7 g/t silver, 0.14 g/t gold, 0.18% copper, 5.53% lead and 16.95% zinc. Continue reading
City Investors Circle – London
Published the Monthly Market Review for March 2021.
Companies mentioned included Colonial Coal as an undervalued stock at the asset level, Radisson Mining, Tinka Resources, Canuc Resources, and Neometals.
Gold, copper, Rhodium, platinum, Palladium and copper were also featured. Continue reading
Roxgold Inc. (TSX: ROXG)
Roxgold exercised its right to pre-empt the proposed AUD$20 million acquisition of the royalty by an international royalty company.
Concurrent with the buy-back of the existing NSR, Roxgold has entered into a new royalty agreement with Franco-Nevada Corporation for the sale of a 1.2% NSR royalty on the Séguéla Gold Project for AUD$20 million. Continue reading
Stock Market Opening Hours Easter Monday 5th April 2021
ASX – Market closed
London LSE – Market closed
NYSE – Market open
TSX – Market open
Mining Review – Sunday Update 4th April
The price of gold recovered back up to $1730 at the end of the short Easter week, and we have to hope it remains above $1700, as the price of gold stocks was looking grim when the price briefly fell to $1680.
One key factor could be the alarming reports coming out of the Ukraine about troop build ups on both sides of the border, not being covered in our media. Continue reading
City Investors Circle – London
We wish all our readers a happy Easter.
The last year has been tough but we have overcome the difficulties and are ready to confront the challenges that may arise in the future. Continue reading
Fosterville South Exploration (TSX.V: FSX)
Announced that it has commenced drilling at its Moormbool Project.
The initial drill program plans to focus on the Staffordshire Flat Fault Zone, which is a regional structure masked by 10m to 20m of alluvial cover and with anomalous gold-arsenic in soil cover. Continue reading
Apollo Consolidated Limited (ASX: AOP)
Advised that Canadian-based gold miner Roxgold Inc. (TSX: ROXG) has exercised its pre-emptive right to buy the Company’s royalty interest over the Seguela Gold Project located in central Côte d’Ivoire for a cash consideration of A$20M.
Gold Royalty Corp. (NYSE: GROY) had agreed to buy the royalty from Apollo. Continue reading
