Karora Resources (TSX: KRR)
Announced record annual consolidated 2023 gold production of 160,492 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 157,034 ounces during 2023. Continue reading
Calidus Resources (ASX: CAI)
Announced that assays have been received from the first soil sampling program for lithium on E45/2983, part of the Tabba Tabba South Project of Pirra Lithium Ltd.
Elevated concentrations of Li, and pathfinder elements Nb and Ta, have
highlighted a corridor of interest. Continue reading
Mining Review 14th January 2024
Calibre Mining reported record gold production of 283,494 ounces, from their operating mines in Nicarague and Nevada. This year will see the finish of the construction of the new Valentine mine, and $25,000,000 spent on additional exploration across their projects.
Calidus, Lefroy Exploration, and Ascot Resources all reported high-grade drill interecepts. Continue reading
Calibre Mining Corp. (TSX: CXB)
Announced operating results for the three months and year ended December 31, 2023, and 2024 production, sales, and cost guidance.
Calibre Delivered a record gold production of 283,494 Ounces in 2023. Continue reading
Lefroy Exploration (ASX: LEX)
Announced assay results from its diamond drilling program at Goodyear Nickel Deposit have returned highly elevated nickel values in hole GYD040.
Assays for this interval have now been returned, with nickel values confirming visual observations including an interval of 1.2m @ 10.01% Ni from 287.71m. Continue reading
Neometals (ASX / AIM NMT)
Announced that Primobius GmbH has received a PO for supply of a hydrometallurgical refining Hub from Mercedes for installation at its Kuppenheim operation in Germany.
The PO value is ~ £16M and was awarded as part of a cooperation arrangement with Mercedes (“Cooperation”). Continue reading
Calidus Resources (ASX:CAI)
Reported outstanding initial drill results from 10 holes of a 24 hole RC programme at the high-grade Bulletin deposit, where mining is planned to commence later this year and processed through the Warrawoona mill.
RC drill results included 14m @ 8.58g/t from 50m. Continue reading
Cabral Gold (TSX.V: CBR)
Following on from a successful drill prgram in 2023, Alan Carter, CEO of Cabral has shares his thoughts for the Cuiu Cuiu project going forwards.
Carbral are looking to produce cashflow within a year with a small scale startup operation, to avoid further share dilution to the stock. Continue reading
Ascot Resources (TSX: AOT)
Announced the fourth and final batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project, in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Mining Review 8th January 2024
We revamped our watchlists into four definable tiers, ranging from producing miners to early stage exploration companies.
We added Calibre Mining and Capricorn Metals to our tier 1 producers, and moved a couple of disappointers down to tier 2 until they start delivering on their stated objectives. Continue reading
Calidus Resources (ASX: CAI)
Advised the market that a bushfire caused by dry lightning has burnt out a 2km section of bore pipeline that feeds water to the Warrawoona processing plant.
As a result of the fire, the mill will be shut down for an estimated three days whilst an initial repair is made to the pipeline. Continue reading
Impact Minerals (ASX:IPT)
A significant bulk sampling and test pits program has recently been completed at IPT’s flagship Lake Hope High Purity Alumina (HPA) project located 500 km east of Perth in Western Australia. Continue reading
South Star Battery Metals (TSX.V: STS)
We are initiating coverage of STS as they prepare to bring online their graphite pilot plant in Bahia State in northern Brazil.
This is phase 1 of a three stage plan to raise production of graphite in Brazil from 5,000 tpa to 50,000 tpa. STS also have a former producing mine project in Alabama,USA Continue reading
Gold Road Resources (ASX: GOR)
Issued a production update for the December quarter, and confirmed that production for the year was a fraction above minimum guidance.
This dissapointed the market and the shares were down 7% at the open at A$1.80, after briefly trading above A$2 recently. Continue reading
City Investors Circle
Tier 4 Watchlist now lists early stage explorers that are located in prolific exploration belts, but financing may result in heavy dilution in the current markets. Continue reading
City Investors Circle – London
We wish all our readers a Happy, Healthy, and Prosperous New Year for 2024.
May the markets be kind to us this year. Continue reading
Market Review December 2023
City Investors Circle have published their Market Review for December 2023.
This includes a rebalancing of the four watchlist tiers to better reflect the current stage and performance of the companies held within them. Continue reading
City Investors Circle
Tier 3 Watchlist now lists explorers that are have a reasonable resource defined, with the ability to raise further funds in the market.
Due to the market being difficult for early stage explorers, they have been moved to tier 3 to differentiate the risk. Continue reading
City Investors Circle
Tier 2 Watchlist Changes include Minera Alamos and Neometals entering, alongside Barton Gold and West Red Lake Mining.
This tier is for small producers and near to production companies. Continue reading
City Investors Circle
As we approach the end of the year it is a good time to reassess our watchlist tiers, by moving achievers up, and non-achievers down into the tiers appropriate for their stage of production or development.
Coming into the top tier 1 include Galiano Gold (restored after overcoming problems at their Asanko Mine), Calibre Mining, and ASX listed Capricorn Metals. Continue reading
