Mining Review Sunday Update 27th February 2022

Mining Review Sunday Update 27th February 2022

War in the Ukraine is dominating the markets, and one beneficiary has been gold, as it always in in times of crisis and uncertainty. The others are oil and natural gas.

With the FED now possibly looking for a .25% rate rise, gold should receive an extra boost.   […[ Continue reading

Ascot Resources Announces C$56 M Bought Deal

Ascot Resources Ltd. (TSX: AOT)

Announced that it has entered into an agreement with a syndicate of underwriters co-led by Desjardins Capital Markets and BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis approximately C$56 million of common shares. Continue reading

Rumble Resources Deliver High Grade Continuity

Rumble Resources Limited (ASX: RTR)

Announced significant new drilling results at the Chinook zinc-lead-silver- copper prospect located within the Earaheedy Project, located 140km northeast of Wiluna, Western Australia.

The results include the most recent hole within the newly discovered high grade Kalitan Feeder Zone. […]  Continue reading

Ascot Drills High-Grade Gold at Big Missouri

Ascot Resources (TSX: AOT)

Announced assay results from the 2021 drill program at the Company’s Premier Gold Project located in the Golden Triangle of northwestern British Columbia.

The drill holes intercepted gold mineralization at or near defined stope shapes with numerous high-grade assays as high as 184.5 g/t gold. […] Continue reading

Mining Review Sunday Update 20th February 2022

Mining Review Sunday Update 20th February

Gold is the story of the week, or rather the 2% week on week increase in price to around $1,900, sadly due to political tensions that look set to escalate into violence in the Ukraine.

Markets are rattled by the onset of war, and we can only hope that common sense will prevail, but it looks unlikely at this stage.   […]  Continue reading

Newcore Gold Intersects 1.98 g/t Gold over 25 M

Newcore Gold  (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 on the southern end of the Sewum Gold Deposit at Enchi has intersected shallow high-grade oxide gold mineralization grading 1.98 grams per tonne gold over 25.0 metres from 3 m.   […] Continue reading

Neometals AIM listing Scheduled For Late February

Neometals Ltd (ASX: NMT)

Advised that it is making strong progress towards the admission of its shares to trading on the AIM market of the London Stock Exchange.

Pursuant to the AIM Rules for Companies, Neometals has submitted its Schedule One pre-admission as well as its proposed introduction to AIM announcements to the LSE.   […]  Continue reading

Cyprium Metals Report Maroochydore Drill Results

Cyprium Metals Limited (ASX: CYM)

Reported the results of the first round of assays that have been received from the 2021 Reverse Circulation (“RC”) drilling campaign at the Maroochydore Copper – Cobalt Project.

Near-surface oxide copper/cobalt mineralisation extended to 3km long, up to 500 m wide, and 100m thick.   […]  Continue reading

Minera Alamos – Santana Mine Operations Update

Minera Alamos Inc. (TSX.V: MAI)

Provided a 2021 year-end summary of the ramp-up of mining activities at the Santana gold mine in Sonora, Mexico.

Through the end of 2021 approximately 9,100 ounces of gold were mined and stacked on the leach pad during the first phase of the project mining activities. Continue reading

Wesdome Gold Grows Kiena Deep High Grade Zone

Wesdome Gold Mines (TSX: WDO)

Announced underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec.

The highlight was drill hole 6796W3: 74.6 g/t Au over 30 m core length (24.8 g/t Au capped, 5.0 m true width) A1 Zone.   […]  Continue reading

Mining Review Sunday Update 13th February 2022

Mining Review Sunday Update 13th February 

The media is talking up the potential for a war in the Ukraine and an imminent Russian invasion, and that is driving gold and oil prices upwards.

Gold was up 3% week on week, and silver an impressive 5%. Naturally many gold and silver juniors had a good week as a result.   […]  Continue reading

Cabral Gold Drills 23.8m @ 5.5 g/t gold at Cuiú Cuiú

Cabral Gold Inc. (TSXV: CBR)
Announced assay results from three diamond-drill holes testing the Central gold deposit within the Cuiú Cuiú gold district in northern Brazil.  

Highlights included Hole DDH250, which intersected 111.3m of nearly continuous mineralization from surface at the Central deposit, including 23.8m @ 5.5 g/t gold from 87.5m.   […]  Continue reading

Calidus Resources commits to renewable micro grid

Calidus Resources Limited (ASX: CAI)

Announced that as part of its ESG initiative it has executed an agreement with Zenith Pacific (WRW) Pty Ltd (Zenith) for the construction of a 4MW solar farm with 3.5MW battery energy storage system at its Warrawoona Gold Project.

The project is located in the Pilbara, Western Australia. Continue reading