Mining Review 4th February 2024
The week was once again all about the FED and US interest rates, with positive economic data suggesting a March rate cut was unlikely, causing markets and gold to pull back.
Cabral Gold, i-80 Gold, and Orla Mining all reported strong drilling results this week. Continue reading
Cabral Gold (TSX.V: CBR)
Announced drill results from a further eight RC holes from the Central gold deposit located within the Cuiú Cuiú gold district in northern Brazil.
The highlight was hole RC368 which returned 10m @ 10.5 g/t gold from 67m in fresh rock. Continue reading
Gold Road Resources (ASX: GOR)
Reported their Quarterly activities report for December 2023, and the shares sold off in the subsequent market as investors registered their disappointment. Continue reading
City Investors Circle
The Market Review for January 2024 has been published, featuring the severe drop in prices of Lithium and other battery metals and possible reasons why.
O3 Mining is the featured company, and there are significant news snippets from our watchlist companies. Continue reading
Uranium Energy Corp. (NYSE: UEC)
CEO Amir Adnani is interviewed by Kitco on the dynamics of the uranium market moving into 2024, and the anticipated supply shortages, and why.
This is a must view for those interested in the uranium sector.
i-80 GOLD (TSX: IAU / NYSE: IAUX)
Announced high-grade results from the 2023 drill program completed at the FAD deposit situated on the Company’s 100%-owned Ruby Hill Property,Eureka County, Nevada, including 9.0 G/T AU, 92.4 G/T AG, 12.2 % ZN & 1.0 % PB over 14.6 M. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an update on its exploration activities at the Camino Rojo Sulphides in the second half of 2023.
Results included 3.41 g/t Au over 36m, incl. 29.2 g/t Au over 3.0 m, and 2.94 g/t Au over 66.5 m, incl. 4.98 g/t Au over 16.5 m. Continue reading
Mining Review 28th January 2024
We initiated coverage of exploration junior Angus Gold this week.
Impact Minerals, Calidus Resources, i-80 Gold, and Orla Mining all announced significant exploration successes this week. Continue reading
Impact Minerals (ASX: IPT)
A large and significant target for porphyry copper-gold mineralisation has been identified at 100% owned Arkun Project located 150 km east of Perth in the emerging mineral province of southwest Western Australia. Continue reading
Angus Gold (TSX.V: GUS)
Angus is an early stage gold exploration company focusing on the WAWA Mining Camp in a prolific and proven gold district.
Neighbours include Alamos Gold, Argonaut, and Wesdome Gold Mines. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its near-pit exploration activities at Camino Rojo completed in the second half of 2023.
In 2023, Orla completed 6,500 metres of drilling near the Camino Rojo Oxide Mine in Mexico to define additional oxide mineralization near the open pit. Continue reading
i-80 GOLD CORP. (TSX: IAU)
Reported positive results from ongoing drilling at the Company’s 100%-owned Ruby Hill Property located in Eureka County, Nevada.
The results continue to demonstrate significant potential to expand high-grade polymetallic mineralization in the Hilltop fault structure and within the Hilltop Corridor. Continue reading
Cornish Metals (AIM / TSX.V: CUSN)
A mineral exploration and development company focused on advancing the South Crofty tin project located in Cornwall, United Kingdom, to a construction decision, is pleased to provide an update on the progress of activities and outlook for 2024. Continue reading
Calidus Resources (ASX: CAI)
Reporte exceptional final drill results from 14 holes of a 24 hole RC programme at the high-grade Bulletin deposit, where mining is planned to commence later this calendar year and processed through the Warrawoona Mill. Continue reading
Mining Review 21st January 2024
A solid set of news releases from our watchlist in what was a busy week for news. Maybe the forthcoming conferences in Vancouver next week caused the rush of exploration results?
Calibre Mining confirmed the acquisition of Marathon Gold, establishing a potential mid-tier mining company producing 250,000 ounces of gold within a year and a half or so. Continue reading
Firefly Metals (ASX: FFM)
Reported drill results such as 46m at 4.6% Cu, 1.2g/t Au paving the way for a Resource update.
Drilling about to start from underground platform, accelerating Resource growth strategy. Continue reading
Orla Mining (TSX: OLA)
Provided an interim operational update for Q4 ended December 31, 2023.
This news release also includes the Company’s 2024 annual guidance which contains the outlook for production, operating and capital costs, and exploration spending across the Company’s portfolio. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Reported final drill results from the 2023 drilling campaign at its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.
Notably, hole RLG-23-177 was successful in intercepting 4.0m @ 9.5 g/t Au approximately 80m beneath the historic workings. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Announced that the Company’s Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery (“ISR”) operations in Wyoming. Continue reading
Calibre Mining (TSX: CXB)
Announced that at a special meeting of shareholders held earlier today, Calibre shareholders voted overwhelmingly in favour of the resolution approving the issuance of up to 315,664,294 common shares of Calibre in connection with the proposed acquisition of Marathon Gold Corporation. Continue reading
