Newcore Gold (TSX.V: NCAU)
Announced the start of a 5,000 metre discovery and resource expansion drill program at the Company’s 100% owned Enchi Gold Project in Ghana.
Approximately 5,000 metres of drilling is planned and will include both diamond and Reverse Circulation drilling. Continue reading
Provided an update on the Alice River drilling programme.
A spectacular intersection from the newly drilled ARDH061, with over 200 occurrences of visible gold over a 16.4m wide downhole interval (from 242m), representing the best intersection of visible gold drilled to date at Alice River. Continue reading
Rokmaster Resources (TSX.V: RKR)
Announced the receipt of independent metallurgy reports on the recently completed flowsheet development test program on samples from the Revel Ridge Project.
On average, 98.3 percent of the feed gold was recovered to the bulk rougher concentrate and following regrind and sequential flotation, gold recovery to the lead and zinc concentrates averaged 21.1 and 3.6 percent. Continue reading
O3 Mining Inc. (TSX.V: OIII)
Announced the completion of the Pre-Feasibility Study, prepared in accordance with the National Instrument 43-101 for its 100% owned Marban Engineering gold project, in the world-class mining region of Val-d’Or in Québec, Canada. Continue reading
Pacgold (ASX: PGO)
Is a gold exploration company focused on progressing its key asset, the Alice River Gold Project in North Queensland, and has been added to the City Investors Circle early stage company watchlist. Continue reading
Argosy Minerals (ASX: AGY)
Advised of progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 95% of the total works now completed for the development of the 2,000tpa lithium carbonate production operation.
The Company remains on budget and is targeting to achieve first battery quality lithium
carbonate product next month. Continue reading
Mining Review 4th September 2022
Another poor week for gold and all metals as the US dollar again rises on interest rate hike anticipation. The price of gold in British pounds is up 3% in a month, due to the weakness of the pound. Uranium, up 8% in a week was the sole positive.
Cornish Metals and Kootenay Silver reported good drill results in an otherwise quiet week. Continue reading
Orla Mining (TSX: OLA)
Several investment funds have recently increased their holdings in Orla Mining.
First Eagle Investment Management now owns just under 6 million shares in the company, and the Swiss National Bank and Sprott are amongst other funds that have significantly increased their holdings recently. Continue reading
Kootenay Silver (TSX.V: KTN)
Announced the newest batch of results from its Phase 4 drilling program at Columba High-Grade Silver Project in Chihuahua State, Mexico.
Drilling is currently paused pending assays. The results successfully extend known mineralization beneath existing drilling at both the D Vein and F Vein targets, additional results are awaited. Continue reading
Market Review August 2022 Published
The City Investors Circle Market Review for August 2022 has been published, with a focus on the effect of interest rises on a falling junior mining market.
Companies mentioned include Gold Road Resources, Cabral Gold, Uranium Energy Corp., Franco Nevada, and Royal Gold. To read the Review Continue reading
