Cornish Metals High Grade Copper and Tin

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

Reported the remaining assay results from the Phase 1 drill programme at United Downs, in Cornwall, SW England.

This release includes results from the Mount Wellington and United Mines Targets within the United Downs project, located eight kilometres east of South Crofty.   Continue reading

Impact Minerals Reports Oustanding Results

Impact Minerals Limited (ASX: IPT)

Three large and significant soil geochemistry anomalies for a range of battery metals and precious metals have been identified at Impact’s 100% owned Beau Project, part of the greater ArkunBeauJumbo project area in the emerging mineral province of southwest Western Australia.
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Minera Alamos Record Gold Production

Minera Alamos  (TSX.V: MAI)

Provided an update on the continuing progress at the Company’s Santana gold mine as well as a financial update for the Quarter ending June 30th, 2022.

In addition, the company confirmed that July gold recovery was approximately 2,275 oz, almost twice that of any previous month this year.  Continue reading

Karora Resources Drills 6 G/T Au Over 13 m

Karora Resources (TSX: KRR)

Announced continued exploration drilling success in targeting new gold mineralized shear zones in support of its growth plan strategy to deliver increased gold production  by 2024.

Parallel shear zones to the Larkin Zone Mineral Resource, referred to as Mason and Cowcill, returned significant gold assays in the first two drill holes of a twenty-four-hole program, the highlight was  6.0 g/t Au over 13 m.  Continue reading

Ascot Expands the Sebakwe Zone to 350m

Ascot Resources (TSX: AOT)

Announced the second batch of assay results from the 2022 exploration drill program at the Company’s Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia.

These results are from surface exploration drilling at the emerging Sebakwe Zone, approximately 600 metres east of the past-producing Premier mill.  Continue reading

Karora Discovers High-Grade Coarse Gold

Karora Resources (TSX: KRR)

Announced a new high-grade coarse gold discovery at its Beta Hunt Mine.

The new discovery was made on the 16 level of the A Zone, almost directly below the well-known “Fathers Day Vein” discovery originally announced in September 2018 that yielded approximately 30,000 ounces of gold.   Continue reading

Uranium Energy Corp And UEX Agreement

Uranium Energy Corp. (NYSE: American)

And UEX Corporation (TSX:UEX), announced that they have entered into a further amending agreement  to the previously announced arrangement agreements dated June 13, 2022, as amended June 23, 2022 and August 5, 2022, pursuant to which UEC will acquire all of the issued and outstanding common shares of UEX.  Continue reading

Mining Review Sunday Update 14 Aug 2022

Mining Review 14th August 2022

A busy week for news in the mining space, and gold pushed back to finish the week at US$1805 Oz.

Wiluna Mining made the headlines for the wrong reasons, whereas Calidus Resources, Impact Minerals, Orla Mining, and UEC made news for diverse positive reasons.  Continue reading

Impact Minerals to Sell a 75% interest in the Commonwealth Project

Impact Minerals Limited (ASX: IPT)

Announced that it has agreed terms for the sale of a 75% interest in its 100% owned Commonwealth Project in the Lachlan copper-gold province of New South Wales.

The principal terms of the sale, which is to Burrendong Minerals Limited, an unrelated public company looking to list on the ASX.  Continue reading