City Investors Circle – Market Review July 2021
This month’s Review focuses on the positive price moves in gold and base metals, plus stocks that have moved amongst those on our watchlist.
Companies featured include Colonial Coal, Neometals, Newcore Gold, Orla Mining, Los Cerros, Cornish Metals, Zen Graphene Solutions, and Fosterville South.
To read the Market Review for the 31st July please click HERE Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Provided additional assay results from four diamond drill holes and four RC holes. as the Company continues with infill drilling at the primary MG gold deposit, and the recently identified gold-in-oxide blanket within the Cuiú Cuiú gold district in Brazil.
The highlight was hole DDH-218 drilled at MG returned 63.5m @ 0.9 g/t gold from 53.5m depth including 0.5m @ 12.7 g/t gold. Continue reading
Canuc Resources (TSX.V: CDA)
CEO Chris Berlet is featured in a new presentation about the exciting growth prospects for the San Javier resource, located in Mexico.
Canuc is unique in that their every day expenses and running costs are funded by gas wells located in Texas! This means of course that every penny raised goes into the ground for exploration. Continue reading
Cornish Metals Inc. (TSX-V / AIM: CUSN)
Reported that it has filed a technical report pursuant to National Instrument 43-101 – Standards for Disclosure for Mineral Projects for the South Crofty Tin Project, Cornwall, United Kingdom under Cornish Metals’ profile on Sedar.
These can be accessed at www.sedar.com Continue reading
Gold Royalty Corp. (NYSE: GROY)
Announced that it has entered into a definitive agreement with Monarch Mining Corporation (TSX: GBAR) to acquire gold royalty interests, for total consideration of C$15 million, of which C$11.25 million is payable on closing and C$3.75 million will be paid upon the 6-month anniversary of closing.
Maple Gold Mines (TSX.V: MGM)
City Investors Circle are initiating coverage of Maple Gold Mines, a gold exploration and development company based in Quebec that meets our criteria by ticking most of the important boxes. Continue reading
Mining Review Sunday Update 25th July 2021
The summer drilling season is well underway now and we finally have some decent results being released, Newcore Gold being one example this week.
Neometals reported that the proposed demerger of their Mt. Edwards nickel project in a newco, Widgie Nickel, to be listed on the ASX, is going to plan. Continue reading
Nouveau Monde Graphite Inc. (TSX.V: NOU)
Has appointed SD Capital Advisory Limited and GKB Ventures Limited, as joint financial advisors, to assist it with the structuring and arranging of project financing, with a focus on Export Credit Agencies, for the development of the Company’s flagship Matawinie Graphite Mining project in Québec, Canada. Continue reading
Newcore Gold Ltd. (TSX.V: NCAU)
Announced additional drill results from the 66,000 metre drill program underway at the Company’s 100% owned Enchi Gold Project in Ghana.
Drilling at the Boin Gold Deposit at Enchi has intersected the highest-grade interval to date of 95.16 g/t Au over 2.0 m from 109 m in RC hole KBRC250. Continue reading
Neometals Ltd (ASX: NMT)
Provided an update in relation to the proposed demerger of the Company’s Mt Edwards nickel project into a dedicated ASX listed nickel exploration and development company to be called Widgie Nickel Limited. Continue reading
Banyan Gold Corp.(TSX.V: BYN)
Announced that it is proposing to complete a fully subscribed non-brokered private placement of up to $16,000,000 in gross proceeds. Continue reading
Westhaven Gold Corp. (TSX.V: WHN)
Announced drill results from its ongoing drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose borders the Coquihalla Highway, 30 kilometres south of Merritt, British Columbia.
Highlights included 76.33 Metres of 2.93 g/t Gold at the South Zone, and 4.18 Metres of 5.26 g/t Gold at the FMN Zone. Continue reading
Minera Alamos (TSX.V: MAI)
CEO Doug Ramshaw recently participated in the Mines and Money “pitched battle”, where he succinctly presented the investment case for Minera Alamos in just three minutes, in a ‘Dragons Den’ type scenario.
The key takeaway is the speed of progress so far, and the projected growth towards a 200,000 Oz Au PA producer. Continue reading
City Investors Circle Mining Review 18th July 2021
Tin is the headliner in the metals markets this week as it is within a whisker of its all time high, set in November 2011.
Gold was slightly up after falling back on Friday, and silver fell again. PGM’s didn’t fare well, probably down to reduced vehicle production, due to the worldwide semi conductor shortage. Continue reading
Newcore Gold (TSX-V: NCAU)
Announced positive results from four column tests completed as part of the ongoing metallurgical program at the Company’s 100%-owned Enchi Gold Project in Ghana.
An impressive average gold recovery of 94.7% was achieved. Continue reading
American Creek Resources (TSXV: AMK)
Reported that their JV partner, Tudor Gold, has announced that two additional drill rigs have arrived at Treaty Creek, located in the heart of the Golden Triangle, Northwestern British Columbia.
Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold’s KSM Project, 3 miles away. Continue reading
Tinka Resources (TSX.V: TK)
Announced the signing of a definitive agreement with BHP World Exploration Inc. Sucursal del Peru pursuant to which Tinka, through its wholly-owned subsidiary Darwin Peru S.A.C. , has acquired a 100% interest in the Silvia copper-gold-zinc exploration project.
This project expands the land package at Ayawilca by 200%.
Silver Tiger Metals Inc. (TSX.V: SLVR)
Has intersected 2,063.3 g/t silver equivalent over 0.5 meters in the Sooy Vein hanging wall in Drill Hole ET-21-231 from 270.0 meters to 270.5 meters, within a broader mineralized interval of 10.8 meters grading 368.6 g/t silver equivalent from 262.3 meters to 273.1 meters. Continue reading
GoldMining Inc. (TSX: GOLD)
Announced the results of updated Mineral Resource estimates on each of its 100% owned Titiribi Project and its La Mina Project, both located in Antioquia, Colombia.
This gives GoldMining global gold equivalent Mineral Resources of approximately 16.24 million ounces in the Measured and Indicated categories and 16.17 million gold equivalent ounces in the Inferred category. Continue reading
City Investors Circle
Initiating coverage of Banyan Gold, a TSX Venture Exchange listed company with three gold projects located in the Yukon.
The Auric project is located next door to Alexco Resources, and not far from Victoria Gold’s Eagle producing mine. Continue reading