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
Impact Minerals (ASX:IPT)
Announced that it has appointed an experienced marketing manager to spearhead the company’s engagement with potential off–take partners and customers for High–Purity Alumina (HPA) produced from the Lake Hope HPA project, located 500 km east of Perth in Western Australia. Continue reading
Capricorn Metals Limited (ASX: CMM)
Provided a preliminary update on the quarterly production at the Karlawinda Gold Project.
KGP delivered another steady quarter of operations, producing 25,559 ounces of gold, in line with expectations as per the FY25 mine plan. Continue reading
Barton Gold (ASX:BGD)
Confirmed further high-grade open pit Perseverance Mine assays at the Tarcoola Gold Project (Tarcoola).
Follow up drilling to July 2024 Tarcoola JORC Mineral Resource Estimate (MRE) confirms new adjacent zones including TBM0212 5m @ 5.94 from 11m 1m @ 23.8g/t Au. Continue reading
Thesis Gold (TSX.V: TAU)
Announced the successful completion of its 2024 exploration season at its 100% owned Lawyers-Ranch Project in the prolific Toodoggone Mining District of northern British Columbia. Continue reading
Cartier Resources (TSX.V: ECR)
Announced the deployment of a second drill rig at its 100%-owned East Cadillac property, located 45 km east of Val-d’Or.
This expansion is part of Cartier’s ongoing 28,000-meters drill program targeting high-grade gold sectors. Continue reading
Mining Review 6th October
A quiet week news wise, with the only exploration success reported by West Red Lake Gold mines.
Gold rallied back to $2650 on the back of international tension, and silver is rallying hard too on falling mine production and increased industrial demand. Continue reading
Lefroy Exploration (ASX: LEX)
Provided an update to the Resource Estimate for the Burns Central prospect located in the Eastern Goldfields of Western Australia.
A significant shallow high-grade Au zone has been delineated within the existing Burns Central MRE, totalling 4.22Mt @ 1.18 g/t Au for 159,285 contained ounces which includes 46,538 oz of gold in oxide. Continue reading
American Creek Resources (TSX.V: AMK)
Announced that it has received the $300,000 cash signing fee payment from Cunningham Mining Ltd. as required by the definitive arrangement agreement dated September 5, 2024. Continue reading
West Red Lake Gold Mines(TSX.V: WRLG)
Reported initial drill results from the Upper 8 Target from its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.
Hole WRL24-002Intersected 4.1m @ 14.20 g/t Au, from 354.8m to 358.9m. Continue reading
Calibre Mining Corp. (TSX: CXB)
Announced the appointment of Mr. David Schummer as Senior Vice President & Chief Operating Officereffective October 1, 2024, and Stephen McCaughey as Vice President Technical Services, Nicaragua. Continue reading
Market Review September 2024
The featured company is Westgold (ASX / TSX: WGX)
The review contains news about watchlist companies making news in the last month. These included a takeover bid for American Creek, and a gold discovery for Calibre Mining. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced a Town Hall meeting in Red Lake to engage with community members about the Company’s plans at the Madsen Mine and to recruit new employees.
West Red Lake Gold aims to restart the Madsen Mine in 2025. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Announced that it has entered into an agreement with Rio Tinto America Inc. to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million pounds of historic resources. Continue reading
BPM Minerals Ltd (ASX: BPM)
(‘BPM’ or ‘the Company’) is pleased to announce the completion of drilling at the Claw Gold Project in WA.
The Claw Gold Project consists of 33km of highly prospective strike, immediately south along strike of $2.2 billion Capricorn Metals Ltd.’s (ASX: CMM) 3.24Moz Mt. Gibson Gold Project. Continue reading
Calidus Resources (ASX: CAI)
The Receivers and Administrators have confirmed that former CEO David Reeves is no longer an employee of the company, but remains a director for now. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
The highlight was hole M24D-08-4447-035Intersected 4.48m @ 49.39 g/t Au, from 114.91m to 119.39m, Including 2.5m @ 76.51 g/t Au, from 116.0m to 118.5m. Continue reading
Aris Mining (TSX: ARIS)
Published an updated corporate presentation used in the recent US based mining conferences. Continue reading
Mining Review 22nd September 2024
Gold reached a new (nominal) all-time high during the week as the US rate cut lowered the value of the US dollar.
BPM Minerals announced good drill results just south of Capricorn Metals’ Mount Gibson property in Western Australia. Continue reading
Calidus Resources
Mark Creasy, the famous Australian mining entrepaneur is the new owner of Calidus Resources, being the only bidder for the company in admininstration. Continue reading
