Mining Review 29th October 2023
Gold is over $2,000 as the Gaza situation spirals out of control and the threat of a wider regional conflict increases.
Ascot Resources, Calidus Resources, and Marathon Gold released excellent news this week. Continue reading
Global Mining Finance Conference
Angelos Damaskos, founder and CEO of Sector Investment Managers has been confirmed as the opening keynote speaker for the conference.
Graham Dallas, Head of Business Development, EMEA, TMX Group, is confirmed as the closing keynote speaker. Continue reading
Gold Road Resources (ASX: GOR)
Presented its activity report for the quarter ending 30 September 2023.
During the September 2023 quarter, Gruyere delivered quarterly gold production of 88,668 ounces (100% basis), delivered at an AISC of A$1,682 per attributable ounce to Gold Road (June quarter: A$1,620 per ounce). Continue reading
Calidus Resources (ASX: CAI)
Announced a maiden Inferred Mineral Resource of 832,000t at 4.1g/t Au for 111,000oz at the Bulletin deposit.
Bulletin sits within the Bamboo Creek historical mining centre that previously produced 220,000oz at 8.7g/t. Bulletin lies within 60 km trucking distance to Warrawoona mill. Continue reading
Marathon Gold (TSX: MOZ)
Provided an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland for the quarter ended September 30, 2023.
The Project’s overall budget and schedule remain in line with previous guidance, with first gold on track for the first quarter of 2025. Continue reading
Ascot Resources (TSX: AOT)
Announced the second 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.
These are the final results from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill. Continue reading
Calidus Resources (ASX: CAI)
Announced that lithium major SQM has agreed to acquire a 30% interest in Pirra from Haoma.
SQM will also provide $3M in funding to Pirra, which will increase its total stake to 40%. Continue reading
Mining Review 22nd October 2023
The price of gold has reached a record high in Australian dollar terms, at A$3,091.
Orla Mining announced a production guidance increase, and Calidus Resources requested a trading halt due a potential announcement re their Pirra Lithium subsidiary. Continue reading
Eloro Resources (TSX: ELO)
Announced the filing of the National Instrument 43-101 Technical Report in support of the initial mineral resource estimate for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. Continue reading
Calidus Resources (ASX: CAI)
Requested that its securities be placed in a trading halt and provides the following information in accordance with ASX Listing Rule 17.1.
This is pending a potential announcement re Pirra Lithium. Continue reading
Nevada King (TSX.V: NKG)
Following recent long drill intercept of gold in Nevada, arguably the best mining jurisdiction on the planet, we are initiating coverage of Nevada King Gold.
They fulfil the criteria we require and are producing spectacular drill intercepts in a prolific gold belt. Continue reading
Impact Minerals (ASX: IPT)
Released an update for their Lake Hope High Purity Alumina (HPA) project.
Intermediate aluminium salts have been produced from Stage 3 that require further purification in Stages 4 and 5 to make HPA, with results expected by late this Quarter or early Q1 2024. Continue reading
Orla Mining (TSX: OLA)
Provided an interim operational update for the third quarter ended September 30, 2023.
During Q3 the Camino Rojo Oxide Mine produced and sold 32,425 and 31,060 ounces of gold, respectively. Year to date, Camino Rojo has been performing better than plan and, as a result, the Company is increasing full year gold production guidance to 110,000 to 120,000 Oz Gold. Continue reading
Argosy Minerals (ASX: AGY)
Provided an update on key developments at our Rincon Lithium Project.
The Company is progressing operational works at the 2,000tpa lithium carbonate facility
targeting continuous production operations. Continue reading
Mining Review 15th October 2023
Gold powered back as the risk of escalation in the Middle East increased during a politically tense week.
Karora Resources announced strong Q3 production numbers, i-80 Gold and West Red Lake Gold posted positive updates. Continue reading
i-80 GOLD CORP. (TSX:IAU)
Announced positive mine developments with record monthly tonnage and gold mineralization mined in August as well as high-grade results from a renewed drill program targeting the South Pacific Zone at the Company’s Granite Creek Property located in Humboldt County, Nevada. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced strong consolidated gold production of 39,548 ounces for the third quarter of 2023 from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales for the third quarter were 41,278 ounces. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Reported additional drill results from its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.
Notably, Hole RLG-23-169 intersected 14.61 grams per tonne gold over 1.5 m, including 42.62 g/t Au over 0.5m at approximately 420m vertical depth in the Vein 101 Zone. Continue reading
Lithium Power Intl. (ASX: LPI)
Refers to recent media speculation (including as published by Bloomberg on 11 October 2023 regarding discussions between Corporación Nacional del Cobre de Chile (“Codelco”) and Lithium Power about a potential transaction. Continue reading
Global Mining Finance Conference
The preliminary lineup for the London Global Mining Finance Conference has been released.
They are; Anglesey Mining, Cabral Gold, Canuc Resources, CleanTech Lithium, Empire Metals, and Stakeholder Gold. Continue reading
