Colonial Coal Share price Soaring on Bid Speculation

Colonial Coal (TSX.V: CAD)

Colonial Coal’s share price has raced away in recent trading sessions, and has tripled in a few weeks after a recent bottom, on no news from the company.

The price of steelmaking (coking) coal is soaring in China due to their boycott of Australian coking coal, and the Mongolian border being shut due to covid. China is sourcing supplies from the USA, Canada, and, to a lesser extent, Russia. Continue reading

Bardoc Gold Optimisation Study Validated

Bardoc Gold (ASX: BDC)

Reported the results of the successful Cash-flow Optimisation Study conducted on its flagship 100%-owned 3.07 M oz Bardoc Gold Project near Kalgoorlie in Western Australia.

As foreshadowed on 3 August 2021, Bardoc has undertaken a Cashflow Optimisation Study which reschedules the mine plan, bringing forward production from its cornerstone Aphrodite deposit.

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American Creek Reports 972 m of 1.265 g/t Au Eq

American Creek Resources Ltd. (TSX.V: AMK)

Presented the second set of results from the 2021 resource expansion and definition drilling program for the Goldstorm Deposit, at Treaty Creek, BC.

The highlight was an  exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972 m of 1.265 g/t Au Eq, including 456.0 m of 1.352 g/t Au Eq in the 300 Horizon, and 405.0 m of 1.439 g/t Au Eq in CS-600. Continue reading

Bardoc Gold Plan to Accelerate Production Growth

Bardoc Gold (ASX: BDC)

Reported the results of the successful Cash-flow Optimisation Study conducted on its flagship 100%-owned 3.07 M oz Bardoc Gold Project near Kalgoorlie in Western Australia.

The strategy to bring forward mining of cornerstone Aphrodite deposit will lift production by 80,000oz in the first five years and see Bardoc become a 150,000 oz pa producer by year-three.

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Lefroy Exploration Aircore Drilling at Coogee South

Lefroy Exploration Limited (ASX: LEX)

Updated the market on the commencement of its maiden aircore drilling program at the recently acquired Coogee South property.

A maiden 150-hole aircore drill program is underway at the Coogee South prospect to
evaluate a 1500m long corridor defined from historical drilling directly along strike to the
south east of the Coogee open pit. Continue reading

Cornish Metals Report United Downs Drill Results

Cornish Metals Inc. (TSX-V / AIM: CUSN)

Reported results from five new diamond drill holes that are part of the ongoing drill programme at the United Downs copper – tin project, located in Cornwall, UK.

This drill programme is designed to follow up on the discovery of high-grade copper – tin mineralisation in a structure now named “UD Lode”. Continue reading