City Investors Circle – London
The April 2023 Market Review has been published.
Companies mentioned include Argosy Minerals, Calidus Resources, Gold Road Resources, i-80 Gold, and Karora Resources. Continue reading
Monthly Archives: April 2023
Goldshore Resources High-Grade Shears at the SW Zone
Goldshore Resources (TSX.V: GSHR)
Announced assay results from its 100,000 meter drill program at the Moss Gold Project in Northwest Ontario, Canada.
Results from nine holes drilled to infill poorly tested parts of the SW Zone have best intercepts of 1.47 g/t Au over 16.9m from 375.3m depth. Continue reading
Argosy Minerals rated outperform by Macquarie
Argosy Minerals (ASX: AGY)
Macquarie have published a broker note where their analyst has given a target price of 80 cents per share, around double the current share price for the company. Continue reading
Maple Gold Completes PH1 Drilling at Douay and Joutel
Maple Gold Mines (TSX.V: MGM)
Announced the completion of the first phase of deep drilling at the Company’s Douay and Joutel Gold Projects located in Quebec, Canada, which are held by a 50/50 JV between the Company and Agnico Eagle Mines Limited.
The JV completed more than 13,100 metres (“m”) of drilling across Douay and Joutel prior to winter break-up. Continue reading
Neometals Portugal Lithium Refinery Study Confirms Opex of ELi™ Tech
Neometals (ASX / AIM : NMT)
• Engineering Cost Study (“ECS”) for Portuguese lithium chemical operation confirms
potential industry-leading costs using proprietary ELi™ process.
ECS co-funded under cooperation agreement with Portugal’s largest chemical producer. Continue reading
i-80 Gold Announces New High-Grade CRD Discoveries at Ruby Hill
i-80 Gold (TSX.V: IAU)
Announced that drilling has discovered new lenses of high-grade poly-metallic carbonate replacement deposit type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop Zones and at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada. Continue reading
Gold Road Resources Updated Presentation
Gold Road Resources (ASX: GOR)
The Western Australian gold miner has published an updated corporate pressentation.
Gold Road have just published impressive production results. Continue reading
Mining Review 23rd April 2023
Mining Review 23rd April 2023
Calidus Resources, Colonial Coal, and Lithium Power Intl. all made positive news this week.
We initiated coverage of Goldshore Resources, after a positive London presentation. Continue reading
The Global Mining Finance Conference was Full and Standing
Global Mining Finance Conference London
The TMX Group sponsored conference was opened by Rosario Orchard of Antofagasta PLC, and featured several interesting and diverse mining companies from explorers through to producers. The conference was packed from the opening onwards.
The Keynote speech was delivered by Graham Dallas, Head of Business Development EMEA for the TMX Group, and industry expert. Continue reading
Calidus Resources Raises A$23 M
Calidus Resources (ASX: CAI)
Announced that it has received firm commitments for a $23 million share placement to professional, sophisticated and institutional investors through the issue of approximately 109.8 million shares at a price of $0.21 per share. Continue reading
Colonial Coal New Research Report
Colonial Coal (TSX.V: CAD)
Is the subject of a new research report by respected analyst Tormont.
The updated report adds depth to the current matallurgiacal (coking) coal market and the various players involved in the machinations of M & A. Continue reading
Rumble Resources New Presentation
Rumble Resources (ASX: RTR)
Announced today a maiden, open-pit constrained, Inferred Mineral Resource Estimate (MRE) for the recently discovered Chinook, Tonka and Navajoh zinc deposits that make up the Earaheedy Joint Venture Project. Continue reading
Gold Road Outperforming the GDXJ Index
Lithium Power Maricunga Lithium Brine Project Update
Lithium Power (ASX: LPI)
Issued an update on their Maricunga lithium project in Chile. Continue reading
Initiating Coverage – Goldshore Resources
Goldshore Resources (TSX.V: GSHR)
I attended a presentation by highly experienced Goldshore CEO Brett Richards a few days ago and was very impressed.
GSHR are located in Ontario, have a large inferred resource, are currently drilling, and are well funded. Continue reading
Mining Review 16th April 2023
Mining Review 16th April 2023
Karora Resources and Calidus Resources both announced good news this week.
With the exception of gold, the other PM prices had a good week, and lithium continued it’s downward trajectory. Continue reading
Cartier Resources pegs Chimo post-tax NPV at $388M
Cartier Resources (TSX.V: ECR)
Released positive results of the PEA prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects, on the Chimo mine project located 45 kilometres east of the Val d’Or mining camp. Continue reading
Karora Resources Discover Significant Gold At Fletcher
Karora Resources (TSX: KRR)
Announced significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. Continue reading
Ascot C$4 M Non-Brokered Flow Through Placement
Ascot Resources Ltd. (TSX: AOT)
Announced a C$4.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2023 exploration program at the Company’s Premier Gold Project , located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Global Mining Finance Conference Program
Global Mining Finance Conference
The TMX Group sponsored London Global Mining Finance Conference on the 20th April has the final lineup confirmed.
Presenting companies are, Anglo Asian Mining, Antofagasta PLC, Caracal Gold, East Star Resources, Great Western Mining, and Rockfire Resources, accompanied by keynote speakers Amanda Van Dyke from Arch Emerging Markets Partners, and Graham Dallas of the TMX Group. Continue reading