Los Cerros Ltd. (ASX: LCL)
Los Cerros announced the regional potential of their projects at Quinchia.
There exists the possibility of fining additional porphyries “of scale” Continue reading
Los Cerros announced the regional potential of their projects at Quinchia.
There exists the possibility of fining additional porphyries “of scale” Continue reading
Centerra Gold (TSX: CG)
Centerra Gold were hit with a huge $3.1 billion fine after the Kyrgyzstan government passed a new law last Friday, and found the company guilty of breaching it in a single day hearing on the Saturday!
The “breach” is the placing of tailings on a glacier, a charge that had previously been resolved in 2019. Continue reading
Reported new broad high grade gold intercepts with new drilling at the shallow Sigma Lode, and extended Gamma Lode, located outside the current resource.
This confirms the growth potential at their Aphrodite Deposit. Continue reading
Mining Review – Weekly Update 9th May 2021
A really fruitful week for investor in the mining space, as copper and iron ore have both hit all time highs, as both precious and industrial (base) metals continue to surge.
Higher inflation, combined with a lower Tbond yield, and a falling US dollar are contributing to gold’s rise. Continue reading
Apollo Consolidated (ASX: AOP)
Apollo Consolidated has reported partial assay results from the Duchess gold deposit, located within the Lake Rebecca Gold Project in Western Australia.
The company recently completed some RC drilling at their Duchess prospect, and has defined an open southward extension. Continue reading
Tinka Resources (TSX.V: TK)
Announced tin assays from the 7,600 metre, 21-hole, 2020-2021 drill program recently completed at the Ayawilca project in central Peru.
While the focus of the 2020-2021 drill program was on resource definition of zinc-silver mineralisation, significant tin mineralization was also intercepted in several of the drill holes. Continue reading
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Cartier Resources Inc. (TSX.V: ECR)
Announced the execution of an option agreement with Hawkmoon Resources Corp. to option 100% of its interests in its Wilson property located 15 km east of the Municipality of Lebel-sur-Quévillon. Continue reading
Neometals (ASX: NMT)
Announced the completion of an Association for the Advancement of Cost Engineering (“AACE”) Class 4 Preliminary-Feasibility Study (“PFS”) on the recovery of high-purity vanadium pentoxide (“V2O5”) from high-grade vanadium-bearing steel by-product (“Slag”).
Cabral Gold Inc. (TSX.V: CBR)
Provided assay results from follow-up RC holes at the Hamilton Novo target south of the Machichie zone, as well as additional diamond drill results from infill drilling at the MG gold deposit, within the Cuiú Cuiú gold district in northern Brazil.
Highlights included Hole RC-63 drilled at Hamilton Novo returned 3m @ 13.2 g/t gold including 1m @ 36.7 g/t gold. Hamilton Novo is one of six recently identified NE trending veins. Continue reading
London Stock Markets Closed on 3rd May
All the London stock and commodity markets re closed on Monday 3rd MAy due to a public holiday.
Markets resume Tuesday 4th May at their normal times. Continue reading
Mining Review – Weekly Update 2nd May 2021
Roxgold have been bought out by Fortuna Silver in a C$888 million deal.
Iron ore and palladium hit all time highs, copper is back over $10,000 for the first time on ten years. Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced that it has closed its previously announced private placement, issuing a total of 24,000,000 common shares of the Company at a price of $0.86 per Share for gross proceeds of $20,640,000.
Yamana Gold Inc. now holds approximately 6.4% of the Company’s issued and outstanding common shares on a non-diluted basis. Continue reading