Market Review July 2021 published

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 – Drill Results From the MG Deposit

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 CEO Berlet in New Presentation

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

Nouveau Monde Appoint Joint Financial Advisors

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

Westhaven Gold Hit High Grade Gold Zones

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

Mining Review Weekly Update 18th July

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

American Creek Resources Partner Adds Drill Rigs

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

Goldmining Reports New Mineral Resource Estimates

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