Tinka Resources Increases Zinc Resources by 68%

Tinka Resources  (TSX.V: TK)

Announced an updated Mineral Resource estimate for its 100%-owned Ayawilca project in Peru.

Mineral Resource estimates for two Ayawilca deposits (the “Zinc Zone” and “Tin Zone”, respectively) have been updated as a result of nearly 12,000 metres of drilling completed in the past 18 months. Continue reading

Bardoc Gold Initiate a Strategic Review

Bardoc Gold (ASX: BDC)

Advised that it has initiated a strategic review of the Company’s development strategy for its 3.07 M oz namesake gold project, located 40km north of Kalgoorlie in Western Australia.

The strategic review has been prompted as a result of the rapidly escalating cost environment in the WA resources sector, tightening labour market and other COVID-19 related challenges facing new resource projects. Continue reading

GoldMining Inc. Updates Mineral Resources

GoldMining Inc.  (TSX: GOLD)

Announced the completion of updated Mineral Resource estimates for four of the most significant properties owned by the Company.

The updates included new pit constrained Mineral Resource estimates on each of the 100% owned Titiribi, Whistler, La Mina and São Jorge properties in addition to an amended technical report for the Company’s Yellowknife Gold project. Continue reading

Wesdome Gold Mines Report High Gold Grades

Wesdome Gold Mines (TSX: WDO)

Announced results from the initial sill development on the Falcon 7 Zone at the Company’s wholly-owned Eagle River Mine near Wawa, Ontario.

The Falcon 7 Zone initial sill development has been completed on the 622 and 635 levels in preparation for mining in Q4. Chip sampling and test holes during the initial development confirms earlier exploration drill results by returning high gold grades over continuous strike length. Continue reading

Los Cerros publish Quinchia Gold Project Update

Los Cerros (ASX: LCL)

Provided an update on exploration progress at is 100% owned Quinchia Gold Project in Risaralda – Colombia.

Significant delays in assay turnaround times have caused a substantial backlog of pending assays, from both drill core and surface exploration programs, a global problem related to COVID-19 issues. The Company is working with the lab to resolve and prioritise the workflow and expects regular exploration market updates to resume shortly. Continue reading

Mining Review Sunday Update 19th September

Mining Review Sunday Update 19th September

The story of the week again, sadly, was the falling gold price, into the mid 1700’s, due to better than expected US retail figures, and a strengthening US dollar.

Iron ore is another casualty, but for a different reason.  Coking coal is roofing it as supply is tight, bring companies like Colonial Coal into investor focus. Continue reading

Orla Mining and Wesdome Gold in TSX30 top 10

Orla Mining (TSX: OLA) and Wesdome Golf (TSX: WDO)

Both companies have been included in the TSX30 top 10 list of companies over the past three years. The 2021 TSX30 listed the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance.

Orla came 8th, and Wesdome 10th, with gains of 313% and 283% respectively. Both companies feature in the current top 9 selections on our watchlist. Continue reading

Apollo Consolidated Outline Robust Gold Zones

Apollo Consolidated (ASX: AOP)

Assay results from continued metallurgical diamond drilling confirm excellent grade and width continuity and further strong validation of the April 2021 Mineral Resource estimate block model.

Drill holes at Duke and Duchess were sited on infill drill sections and demonstrated the robust nature of mineralised structures in the areas tested. Continue reading

Mining Review Sunday Update 12th Sep. 2021

Mining Review Sunday Update 12th Sep. 2021

What a week it’s been for two of our companies, and the commodities they are associated with.

Colonial Coal (CAD.V) rose 52.9% in a single day on the largest volume possibly ever, and Uranium Energy Corp. (NYSE: UEC) rose 50% over the last few weeks.

Coking coal and uranium are simply roofing it due to a combination of factors. Continue reading

Minera Alamos Updated on the Santana Project

Minera Alamos Inc. (TSX.V: MAI)

Provided an update on the ongoing ramp-up of mining operations at the Santana gold mine, Sonora, Mexico.

During August, the Company continued to expand blasting and mining activities aimed at removing the upper portion of the Nicho Norte mineralized “pipe”.  Following the recent extraction of bench 895, the available working area has increased significantly to allow higher daily mining rates at the starter pit. Continue reading