American Creek Resources Ltd. (TSX.V: AMK)
Presented final drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit and Calm Before the Storm Zone , as well as surface sampling results from the Eureka Zone, at their flagship property, Treaty Creek, located within the Golden Triangle of Northwest British Columbia. Continue reading
Newcore Gold Ltd. (TSX.V: NCAU)
Announced additional drill results from the 90,000 metre drill program underway at the Company’s 100% owned Enchi Gold Project in Ghana.
RC drilling at the Nyam Gold Deposit at Enchi has intersected high-grade oxide gold mineralization near surface grading 1.79 g/t Au over 24.0 m from 38 m. RC drilling at Kwakyekrom intersected 0.99 g/t Au over 29.0 m from 81 m. Continue reading
Magnetic Resources (ASX: MAU)
Magnetic Resources’ recent infill and extension drill program at Lady Julie has found both thick and high-grade zones starting from surface.
This promising southern part of the Lady Julie North 1 target zone area is being tested in detail over a 1km length with 33 RC holes planned for 3518m averaging 107m per hole. Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Provided a summary of successes achieved during 2021 at the Cuiú Cuiú gold district in Para State, northern Brazil, and outlined its plans for 2022.
Cabral is looking forward to continuing its aggressive exploration program in 2022 following encouraging drill results in December which included 22.4m @ 4.8 g/t gold. […] Continue reading
City Investors Circle Mining Review 9th Jan. 2022
Gold has fallen back once again after the FED indicated it would raise interest rates in March, and the US dollar and bond yields rose.
Gold is hanging around $1,800, but many market commentators are predicting a fall as the rate hike nears, so maybe a time to look at moving some funds into cash until the next gold bull run starts. Gold stocks are already beaten up with many falling around 50% in a year, so you have to ask how much more can they fall?
Copper and some other base metals covered by the Market Review also fell, as the US dollar gained strength. Continue reading
Minera Alamos (TSX.V: MAI)
Osisko Development Corp. (TSX.V: ODV) announced that it has disposed of a total of 34,290,000 common shares Minera Alamos Inc. at a price ranging from $0.50 to $0.57 per common pursuant to market dispositions performed from October 25, 2021 to December 29, 2021 for gross proceeds of $18,532,170.
Following this, ODV now owns, 41,790,000 common shares of Minera Alamos representing approximately 9.4% […] Continue reading
Lithium Power International (ASX: LPI)
Provided an update on activities being undertaken in Western Australia.
A particular focus is immediately adjacent to the Greenbushes lithium mine, which is owned by Talison Lithium and has Albemarle Corp., Tianqi Lithium, and IGO Limited as its owners. Continue reading
Announced the voting results of its special meeting of Fiore shareholders held on January 5, 2022.
At the Meeting, the Shareholders passed a special resolution approving the proposed acquisition by way of a plan of arrangement by Calibre Mining Corp. Continue reading
City Investors Circle – London
Due to losing two companies to buyouts in late 2021, the exploration watchlist has been revamped, and three new companies added, all ASX listed.
They are; Argosy Minerals, Magnetic Resources, and Rumble Resources. Continue reading
Neometals (ASX: NMT)
Neometals has successfully commissioned its pilot plant and commenced production of a titanium-rich gravity concentrate sample for offtake evaluation trials.
Approximately 150 tonnes of gravity concentrates will be produced and shipped in Q1 2022. Continue reading
City Investors Circle – London
As a result of companies in our tier one watchlist being bought out during 2021, we have added in three companies to replace them.
As before, they are advanced exploration and development projects with a good chance of financing and early production. The three additions are; Calidus Resources (ASX: CAI), Cyprium Metals (ASX: CYM), and Karora Resources (TSX: KRR). Continue reading
Neometals (ASX: NMT)
Primobius, Neometal’s battery recycling JV company, has confirmed it is entering the highly lucrative North American battery recycling market, which is the fastest growing lithium battery production region. […] Continue reading
City Investors Circle wish all our readers and contributors a happy, healthy, safe, and prosperous New Year in 2022!
May all your investments be fruitful ones. Continue reading
