Colonial Coal (TSX.V: CAD)
CEO David Austin gave an upbeat online presentation yesterday, where he highlighted the potential for the Colonial Coal Peace River assets at the prevailing world coal prices.
Quite simply, with FOB costs of around C$150, and coal fetching over C$500 per tonne, the numbers make a compelling investment case. […] Continue reading
Pure Gold Mining (AIM: PUR / TSX.V: PGM)
What a shambles of a story Pure Gold Mining has become, after such a promising start.
A financing at C$0.15 cents per share has dragged down the share price to a new low as the company desperately scrambles to rebuild their treasury. […] Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced that the 2022 exploration drilling program has started at its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
The Spring snow melt has enabled drilling to start almost one month earlier than last year. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced the appointment of Mr. Tony Makuch to the role of Special Advisor to the Corporation.
Mr. Makuch brings extensive gold industry management, technical and operating experience, most recently as former CEO and director of Agnico Eagle Mines Limited. Continue reading
Calidus Resources Limited (ASX: CAI)
Announced that it has poured the first gold at its Warrawoona Gold Project located in the Pilbara of Western Australia.
The project has now entered the ramp-up phase, with the elution circuit currently
commissioning, paving the way for the first bar sourced from the leach circuit to be
poured next week. […] Continue reading
Mining Review Sunday Update 8th May 2022
Another volatile week for gold, but it fared better than some thought after the half a percent FED rate hike.
Companies in the news this week included, Cabral Gold, Eloro Resources, Fosterville South, Kootenay Silver, and Radisson Mining Resources.
City Investors Circle
This week I attended the Mines and Money Conference in London. Normally this would be at the Design Centre, Islington, but this year the venue has changed.
It was held in the former GLC County Hall building alongside Waterloo station, the same venue in fact as the 121 mining conferences, on the same floor even. The similarities didn’t end there either. {…} Continue reading
Kootenay Silver Inc. (TSX.V: KTN)
Announced drill crews are on site at the Columba high-grade silver project (the “Property”), located in Chihuahua State, Mexico in preparation to begin the 2022 drill program. Two diamond core drills are scheduled to arrive within the next few days. […] Continue reading
Cabral Gold (TSX.V: CBR)
Provided assay results from three diamond-drill holes on two sections in the southern part of the primary Central gold deposit within the Cuiú Cuiú Gold District, Para State, northern Brazil.
Hole DDH268 tested the emerging high-grade zone at Central on section N20870 and returned 9.6m @ 16.4 g/t gold from 164.3m [..] Continue reading
Fosterville South Exploration (TSX.V:FSX)
Reported that the maiden percussion drilling program at Thompson Reef and Prince of Wales Reef within the Reedy Creek target of the Providence Project in Victoria, Australia has returned strong gold grades. Continue reading
Eloro Resources (TSX.V: ELO)
Expert geologist Quinton Hennigh explains in detail his interpretation of Eloro’s resource at Iska Iska, and then follows that with a superb and easy to follow guide on how to estimate a resource volume from given parameters.
This is well worth listening to, a real education by an expert in his field. […] Continue reading
Radisson Mining Resources (TSX.V: RDS)
Announced significant high-grade gold intercepts from the ongoing 130,000 m exploration drill program at its O’Brien gold project located along the Larder-Lake-Cadillac Break, Quebec. […] Continue reading
Mining Review Sunday Update 1st May 2022
Another poor week for gold, back below $1,900 due to anticipation of several FED half percent interest rate hikes, and a strong dollar.
Companies in the news this week include Calidus Resources, Colonial Coal, Cornish Metals, Eloro Resources, and Neometals. […] Continue reading
