Westgold Resources (ASX / TSX: WGX)
Provided an update from ongoing resource development drilling at its Bluebird-South Junction mining complex in Meekatharra, Western Australia.
A record Polar Star Lode drill intercept of 13.71m @ 18.02g/t Au – from 563.00m (including 5.85m @ 36.37g/t Au from 567.00m) for 247 gram-metres. Continue reading
Capricorn Metals (ASX: CMM)
Announced Board approval for the expansion of the KGP. The expansion will incorporate the installation of a new three stage crushing and ball mill circuit to increase processing capacity to 6.5Mtpa.
The average annual gold production from the expanded KGP is expected to be in the order of 150,000 ounces. Continue reading
American Creek (TSX.V: AMK)
Announced that its management information circular and related meeting materials were mailed today, October 31, 2024, for its annual general and special meeting of the Company’s shareholders to approve, a statutory plan of arrangement involving American Creek and Cunningham Mining Ltd. Continue reading
Market Review for October 2024 Published
The Review featured comments on Ora Banda Mining, Calibre Mining, Capricorn Metals, and G MIning Ventures.
The highlighted company is Cornish Metals. Continue reading
Gold Road (ASX: GOR)
Published a new corporate Presentation showing the recovery from the rain event earlier this year, and a strong September quarter. Continue reading
Capricorn Metals (ASX: CMM)
Reported Karlawinda Gold Project Q1 gold production of 25,559 ounces (Q4: 26,835oz) at an all-in-sustaining cost of $1,647 per ounce (Q4: $1,548 per ounce) was in line with expectations as per the FY25 mine plan. Continue reading
G Mining Ventures (TSX: GMIN)
Has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects Preliminary Economic Assessment technical report for GMIN’s Oko West gold project in Guyana, with an effective date of September 4, 2024. Continue reading
Capricorn Metals (ASX: CMM)
Issued a positive exploration update for their two gold projects at Karlawinda and Mt. Gibson, both located in Western Australia. Continue reading
Pacgold (ASX: PGO)
The Queensland focused gold explorer, is pleased to announce progress for the aircore drill campaign at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Thesis Gold (TSX.V: TAU)
Announced assay results from the 2024 drill program at Lawyers-Ranch, located in the prolific Toodoggone Mining District of northern British Columbia.
Results from the 2024 drill program successfully confirmed high-grade, near-surface mineralization, while deeper intercepts confirmed modelled stopes and point to the potential for expanding the underground mining scenario with future drill campaigns. Continue reading
BPM Minerals (ASX: BPM)
Announced final assay results from the second round of drilling at the Louie Gold Discovery within the Claw Project in Western Australia.
Significant assay results include: CAC186 – 25m @ 1.27 g/t Au (from 29m) including 2m @ 11.63 g/t Au (from 29m). Continue reading
American Creek (TSX.V: AMK)
Further to the press release of American Creek Resources Ltd. dated today, Eric Sprott announces that 2176423 Ontario Ltd., a company which Mr. Sprott beneficially owns, has entered into a support and voting agreement with Cunningham Mining Ltd. in connection with Cunningham Mining’s proposed acquisition of all of the issued and outstanding common shares of American Creek. Continue reading
Thesis Gold (TSX.V: TAU)
Announced the Company has filed on SEDAR+ an updated Preliminary Economic Assessment technical report for its wholly owned Lawyers-Ranch Project located in British Columbia, Canada.
This updated PEA supersedes the previously filed Lawyers-only PEA (effective date September 9, 2022). Continue reading
Mining Review 20th October 2024
A week of highs and lows, with Orla Mining and Westgold announcing positive production updates, and Calibre Mining and West Red Lake Gold issuing disappointing news to dampen the mood in a week where gold reached a new all-time high price of $2,720. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced it has agreed with Raymond James Ltd., to increase the size of its previously announced bought-deal financing.
West Red Lake will now issue 36,232,000 units of the Company at a price of C$0.69 per Unit for gross proceeds of C$25,000,080. Continue reading
Calibre Mining (TSX: CXB)
Announced operating results for the three months (“Q3”) and nine months (“YTD”) ended September 30, 2024, updated 2024 guidance and an update on the Valentine Gold Mine, located in Newfoundland & Labrador, Canada.
Cartier Resources Inc. (TSX.V: ECR)
Reported high-grade gold results from drilling exploration at its 100%-owned East Cadillac property, located 45 km east of the Val-d’Or mining camp.
Highlights included 14.7 g/t Au over 4.3 m included within 5.2 g/t Au over 20.6 m. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Announced that, subsequent to quarter end, the Company repaid the entirety of the outstanding balance on its revolving credit facility totalling $58.4 million. Continue reading
Westgold Resources (ASX / TSX: WGX)
Provided preliminary production results for Q1 FY25.
The Company produced a record 77,369 ounces of gold from its expanded portfolio, achieving an average sale price of $3,723/oz. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an operational update for the third quarter ended September 30, 2024, and provide an update to annual production guidance.
The Camino Rojo Oxide Mine produced 43,788 ounces and sold 38,265 ounces of gold during the third quarter 2024. Continue reading
