City Investors Circle Market Review April 2022
The review covers the latest news from the mining and metals markets.
Companies commented on include, Calidus Resources, Gold Road Resources, Karora Resources, and Pirra Lithium. […] Continue reading
City Investors Circle Market Review April 2022
The review covers the latest news from the mining and metals markets.
Companies commented on include, Calidus Resources, Gold Road Resources, Karora Resources, and Pirra Lithium. […] Continue reading
Eloro Resources Ltd. (TSX.V: ELO)
Announced assay results from an additional six diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. […[ Continue reading
Colonial Coal (TSX.V: CAD)
Has been the subject of a new research note by Epstein Research of NY.
Epstein opines that CAD is the “Cheapest Coking Coal Junior and an active takeover target”. To read the research note …[…] Continue reading
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 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
Neometals Ltd (ASX: NMT)
Announced that Primobius GmbH , the incorporated JV company owned 50:50 by Neometals and SMS group GmbH, has received its ‘BlmSchG’ operating permit for its 10tpd commercial lithium-ion battery recycling facility (Shredding Plant”) in Hilchenbach, Germany. […] Continue reading
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 (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 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
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
Silver Tiger Metals Inc. (TSX.V: SLVR)
Has intersected 1,380.9 g/t Ag Eq over 0.5 meters within a broader interval of 23.8 meters grading 113.3 g/t Ag Eq in the El Tigre Vein.
Silver Tiger are exploring the former El Tigre producing silver mine located in Sonora, Mexico. Continue reading
Wesdome Gold Mines Ltd. (TSX: WDO)
Announced first quarter 2022 production results.
Duncan Middlemiss, President and CEO, commented, “Wesdome’s first quarter combined production of 25,611 oz (up 14% from Q1 2021) was essentially in line with expectations” […] Continue reading
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
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.
Uranium Energy Corp. (NYSE: UEC)
UEC CEO Amir Adnani is featured in a new video interview with Swiss German Commodity TV.
UEC has really come of age in the last year or so, by buying physical uranium, and are also preparing for production at their fully permitted facilities. […] Continue reading
Stock Markets Closed Today for Good Friday
All American and European Stock Markets are closed today for the celebration of the Good Friday holiday.
Canadian and US markets reopen on Monday 18th April.
European markets reopen on Tuesday 19th April. […] Continue reading
Westhaven Gold Corp. (TSX.V: WHN)
Announced drill results from its ongoing drill campaign at its Shovelnose gold property, located within the prospective Spences Bridge Gold Belt.
The glory hole was 23.03 Metres of 37.24 G/t Gold and 209.52 G/t Silver. […]
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 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
Karora Resources Inc. (TSX: KRR)
Announced its Consolidated Gold Measured and Indicated Mineral Resource, net of depletions, has increased by 8% and the Consolidated Inferred Mineral Resources have increased by 43%. […] Continue reading