Mining Review 12th December 2021

Mining Review 12th December 2021

Gold finished the week strongly after inflation fears grew, but silver had another poor week and the gold to silver ratio climbed over 80 again.

The main story of the week is the bid by Kinross for Great Bear, at around  27% premium, when Barrick were rumoured to be suitors as they have staked a lot of land around the Great Bear project. This could result in a bidding war. Continue reading

Cornish Metals Intersects High-Grade Copper

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

Reported assay results from three diamond drill holes at the ongoing drill programme at the United Downs copper – tin project, Cornwall, UK.

Drill hole UD21-011A intersected five parallel zones of high-grade copper / tin / silver mineralisation beneath the historic United Mines. Continue reading

Karora Resources Discover 40.5 gpt Gold

Karora Resources  (TSX: KRR)

Announced new exploration drilling results from the Beta Hunt Mine, located near Kalgoorlie, WA.

The new drilling results include the discovery of high grade gold mineralization approximately 50 metres below the interpreted extension of the 50C nickel trough in the Gamma Block. Continue reading

Banyan Gold Reports Aurex Hill Zone Drill Results

Banyan Gold Corp. (TSX.V: BYN)

Present the complete set of results from the diamond drill exploration campaign on the Aurex Hill zone at the Company’s rapidly developing AurMac Property, Yukon.

These results demonstrate this zone has the potential to host widespread, consistent and near-surface gold mineralization over meaningful extents. Continue reading

Mining Review Weekly Update 5th December 2021

Mining Review Weekly Update 5th December 2021

As the year comes to an end risk seems to be rising in the mining sector, and the importance of investing in companies in safe tier one jurisdictions is being highlighted on a weekly basis.

Recent kidnappings of mining employees in Burkina Faso, Ethiopia, and now two Chinese miners in the dreaded DRC have been killed, and four more kidnapped.  […]  Continue reading

Mines and Money Conference hit by Covid Variant

City Investors Circle

The London Mines and Money conference opened today in Islington, and was clearly suffering the effects of the new covid scare, as around a dozen booths were empty, and the audience was sparse, compared to first days in recent years.

I feel for the organisers as a couple of weeks ago everything looked good for the show.  […]  Continue reading

American Creek JV Drills Long Gold Intersection

American Creek (TSX.V: AMK)

Presented the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek.

The highlight was 0.97 G/T Gold EQ Over 1,320M, Including 1.38 G/T Gold Eq Over 556.5 M, Ending In Strong Mineralizatio.   […] Continue reading