Cornish Metals Special Meeting of Shareholders

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

A special meeting of its shareholders will be held virtually via live audio teleconference on Thursday, May 19, 2022, at 9am (Vancouver time) / 5pm (London time) to seek the shareholder approvals necessary to complete the previously announced unit offering to raise proceeds of up to £40,500,000.  […]  Continue reading

Calidus commences ore processing at Warrawoona

Calidus Resources Limited (ASX: CAI)

Announced that continuous ore processing has commenced at its 100 per cent owned Warrawoona Gold Project in the Pilbara of Western Australia.

Processing of low-grade ore is underway and will transition to run-of-mine ore over the
coming week as operations move to steady state.  […]  Continue reading

Mining Review Sunday Update 24th April 2022

Mining Review Sunday Update 24th April 2022

Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.

Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold.   […]  Continue reading

Newcore Gold Confirms New Discovery at Enchi

Newcore Gold  (TSX-V: NCAU)

Announced drill results from the 90,000 metre drill program underway at the Company’s 100% owned Enchi Gold Project in Ghana.

Drill results included 1.80 grams per tonne gold (“g/t Au”) over 27.0 metres from 30 m, including 4.13 g/t Au over 3.0 m from 31 m.  […]   Continue reading

Cabral Gold Drills 17.5m @ 4.0 g/t Gold at MG

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from six diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.

Highlights included hold DDH272, 17.5m @ 4.0 g/t gold within the primary hard-rock MG gold deposit from 102.9m, including 5.5m @ 10.5 g/t gold from 104.1m  […]  Continue reading

UEC secures an additional 400,000 Lbs Uranium

Uranium Energy Corp (NYSE American: UEC)

Reported that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. […]  Continue reading

O3 Mining Sell East Cadillac to Cartier Resources

O3 Mining (OIII.V) / Cartier Resources (ECR.V)

O3 Mining announced that they have entered into a definitive share purchase agreement with Cartier Resources pursuant to which O3 Mining has agreed to sell a 100% interest in its East Cadillac Project located in Val-d’Or, Québec, in exchange for 46,273,265 common shares of Cartier. Continue reading

Mining Review Sunday Update 17th April 2022

Mining Review Sunday Update 17th April 2022

Another good week for gold and other precious metals as US interest rates are looking like having a .5% hike soon. Sadly the other reason is the continuing war in Ukraine.

Companies are releasing drill results from early campaigns, including Cabral Gold and Westhaven Gold. Minera Alamos continues its mine startup at Santana, Mexico.

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Minera Alamos Santana Mine Q1 Update

Minera Alamos (TSX.V: MAI)

Provided an update on the continuing progress at the Company’s Santana gold mine during the first quarter of 2022.

Following a year-end shutdown to analyze data obtained from the first phase of the operation’s start-up (see HERE) full mining activities resumed later in January 2022.  […]  Continue reading

Cabral Gold Finds Good Results West of Machichie

Cabral Gold Inc. (TSX.V: CBR)

Provided assay results from several trenches excavated on strike and immediately west of the Machichie main zone within the Cuiú Cuiú gold district.

Highlights included Trench CT38A located approximately 85m west of the most westerly drill hole at the E-W trending Machichie main zone,  returned 11m @ 1.2 g/t gold, including 0.6m @ 9.6 g/t gold. […]  Continue reading