American Creek (TSX.V: AMK)
Cunningham Mining Ltd, the acquiror of American Creek, announced the launch of its Nugget Trap Token (NGT) offering, priced at $0.60 USD per token. Continue reading
Author Archives: Mining Desk
Westgold Publishes Updated Corporate Update
Westgold (ASX / TSX: WGX)
Published an updated corporate update showing the new company after the Karora Resources acquisition recently.
The Karora acquisition transformed West gold into a top 5 Australian gold producer with a market cap around A$1.8 billion. Continue reading
BPM Minerals High-Grade Gold Discovery at the Claw Gold Project
BPM Minerals (ASX: BPM)
Announced promising high-grade initial rilling results from the second phase of drilling at the Louie Prospect, part of the Claw Gold Project in WA.
The highlight was 30m @ 1.84 g/t Gold from 25 metres including 5m @7.12 g/t Au from 35m. Continue reading
Pacgold to Commence Aircore and RC Drilling at Alice River
Pacgold Limited (ASX: PGO)
Provided an exploration update on the recommencement of a regional aircore and RC drilling campaign at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Capricorn Metals Updated Corporate Presentation
Capricorn Metals (ASX: CMM)
Has published an updated corporate presentation, which was presented to investors at the recent Diggers and Dealers Mining Conference in Kalgoorlie, Western Australia. Continue reading
Mining Review 15th September 2024
Mining Review 15th September 2024
Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over.
American Creek was acquired by Cunningham Mining, as the takeover season hots up, with Centamin Egypt also being bought out, and Newmont sold out their interest in Haveiron to Greatland Gold. Continue reading
Uranium Energy Corp Intersects 11.4% eU3O8 over 2.4 m
Uranium Energy Corp (NYSE: UEC)
Reported drill results from the Roughrider Project in Saskatchewan, Canada.
Drilling 850 metres northeast of the Roughrider Project Deposit has intersected additional high-grade uranium mineralization, drill hole RR-961 had grades of 11.4% eU3O8 over 2.4 metres. Continue reading
Calibre Mining Makes a New Gold Discovery at Limon
Calibre Mining (TSX: CXB)
Announced drill results from the Company’s 2024 exploration program within the Limon Mine Complex in Nicaragua, including a new discovery, San Jose, situated approximately 2.5km north of the high-grade Panteon Norte deposit along the VTEM Gold Corridor. Continue reading
Westgold Reports Bonanza Gold Zone At Western Flanks
Westgold (ASX: / TSX: WGX)
Provided an update in relation to recent mining activities at the Western Flanks orebody at Beta Hunt.
Sediment hosted coarse gold mineralisation confirmed within Western Flanks
Provides significant production upside potential. Continue reading
G Mining Ventures Delivers PEA for Oko West Gold Project
G Mining Ventures (TSX: GMIN)
Announced the results of its 2024 Preliminary Economic Assessment Study for the development of its wholly owned Oko West Gold Project, located in Guyana. Continue reading
G Mining Ventures to Acquire the CentroGold Project from BHP
G Mining Ventures(TSX: GMIN)
Announced that it has entered into a purchase and sale agreement to acquire tenements in the Gurupi Gold Belt from wholly-owned subsidiaries of BHP Group Limited (ASX: BHP, NYSE: BHP, LSE: BHP)
This includes the CentroGold Project. Continue reading
American Creek Acquired by Cunningham Mining
American Creek Resources(TSX.V: AMK)
Announced that it has entered into a definitive arrangement agreement dated September 5, 2024 with Cunningham Mining Ltd. pursuant to which CML has agreed to acquire all of the issued and outstanding common shares of American Creek at a price of $0.43 per Share in an arm’s-length, all-cash transaction valued at approximately $207 million on a fully diluted basis. Continue reading
Ascot Recources Places Mine Into C & M, Stock Crashes
Ascot Resources (TSX: AOT)
After careful consideration, the Company has decided that, to enable sufficient mine development, it will suspend operations.
Ascot will focus on mine development until the combination of the Big Missouri and PNL mines can sustainably deliver enough ore feed to profitably run the operation. The Company’s intention is to seek funding to complete the necessary mine development. Continue reading
Westgold Commences Mining at South Junction
Westgold Resources (ASX / TSX: WGX)
Announce the commencement of mining of the South Junction Lode within the Bluebird-South Junction mining complex at Meekatharra.
Ramp up targets a 100kt per month run rate for the Bluebird-South Junction mine by Q3 FY25. Continue reading
G Mining Ventures Declares Commercial Production at TZ Gold Mine
G Mining Ventures (TSX: GMIN)
Has reached commercial production on time and on budget at its 100%-owned Tocantinzinho Gold Mine located in the State of Pará, Brazil.
Commercial production is defined as a period of 30 consecutive days of operations during which the mill operated at a minimum of 60% of nameplate throughput of 12,890 tonnes per day. Continue reading
Ora Banda Mining Give Davyhurst Gold Project Update
Ora Banda Mining (ASX:OBM)
Povided an update on its Riverina and Sand King underground mines which form part of the Davyhurst Gold Project and together are the centrepiece of the Company’s DRIVE TO 150 Project with an outlook annual production of 140,000oz to 160,000oz in FY26. Continue reading
Barton Gold High Grade Assays Confirm New Tolmer Gold System
Barton Gold (ASX:BGD)
Announced high-grade assays from the Tarcoola Goldfield at the Tarcoola Gold Project in South Australia. Continue reading
Minera Alamos Operations Update and Q2 Financials
Minera Alamos (TSX V: MAI)
Provided an operations update and select financial highlights from the second quarter of 2024 as well as some guidance regarding improved operations activity so far during Q3. Continue reading
Mining Review 1st September 2024
Mining Review 1st September 2024
Calibre Mining and Cornish Metals published drill results.
G Mining Ventures received the Operating licence for TZ. Continue reading
Market Review August 2024 published
Market Review August 2024
The highlighted company is Faraday Copper.
The review focuses on producing goldminers looking to scale up their operations from cashflow, Calibre Mining, Capricorn Metals, G Mining Ventures, and Ora Banda Mining. Continue reading