Author Archives: Mining Desk
G Mining Ventures Receives Operating Licenses for Tocantinzinho
G Mining Ventures (TSX: GMIN)
Anounced that it has received the Operational Licenses for GMIN’s 100%-owned Tocantinzinho Gold Project in the State of Pará, Brazil – the last remaining
permitting milestone for commercial operation.
The Project remains on time and budget for commercial production in the second half of 2024. Continue reading
Calibre Discovers Above Reserve Grade Gold at The Pan Mine
Calibre Mining (TSX: CXB)
Announced additional, near surface, resource expansion drill results from its exploration programs at the Pan Heap Leach Gold Mine, located on the prolific Battle Mountain – Eureka gold trend in Nevada, USA. Continue reading
Gold Road Results Effected by Rain and Flooding
Gold Road Resources (ASX: GOR)
Released finacial results for H1 2024, which were negatively effected by two months of reduced production due to incessant rainfall and flooding of the mine access road.
The company confirm reduced guidance after the rainfall event. Continue reading
Cornish Metals Reports Final Drill Reports
Cornish Metals (AIM / TSX-V: CUSN)
Reported results from the last eight drill holes of the recently completed 14-hole / 8,993m drilling programme at its Wide Formation target, located approximately 1km south of the South Crofty mine. Continue reading
Mining Review 25th August 2024
Mining Review 25th August 2024
Gold hit another new (nominal) all-time high during the week.
Aris Mining, Calibre Mining, and Westgold announced positive drill results. Continue reading
Neometals Strategic Review
Neometals Ltd (ASX / AIM: NMT)
Provided a strategy update with the following key measures to be implemented immediately, restructuring and right-sizing of the organisation and its underlying cost base to reflect a new strategic refocus. Continue reading
Westgold Announce Fletcher Zone Drill Results At Beta Hunt
Westgold (ASX / TSX: WGX)
Provided an overview of the Beta Hunt mine and update in relation to the ongoing Stage 3 Resource Definition drilling program being undertaken at the Fletcher Zone discovery within the Beta Hunt operation at the Company’s Southern Goldfields Operations. Continue reading
West Red Lake Gold Initiates Surface Drill Program
West Red Lake Gold Mines (TSXV: WRLG)
Announced the start of a 2024 surface drilling program across its 100% owned Madsen Mine Property located in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
West Red Lake Gold Initiates Surface Drill Program at Madsen
West Red Lake Gold Mines (TSXV: WRLG)
Announced the start of a 2024 surface drilling program across its 100% owned Madsen Mine Property located in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
Calibre Intercepts High-Grade Gold At Eastern Borosi
Calibre Mining (TSX: CXB)
Announced drill results from its 2024 resource conversion and expansion program within the Guapinol open pit area on the Company’s Eastern Borosi Mine Complex in northeastern Nicaragua. Continue reading
Aris Mining High Grade Drill Results from Segovia Exploration
Aris Mining (TSX: ARIS)
Announced the results received to date from its ongoing 2024 exploration drilling program at its Segovia Operations in Colombia, which is now 70% complete. Continue reading
American Creek’s JV Partner Drills 13.89 G/T Gold Eq
American Creek Resources (TSX.V: AMK)
Announced that project operator and JV partner Tudor Gold has produced the results of the first four holes totaling over 6,174 m of the planned 10,000-meter 2024 exploration program at Treaty Creek, located in the heart of the Golden Triangle of NW B.C. Continue reading
Mining Review 18th August 2024
Mining Review 18th August 2024
Gold hit a new nominal all-time high this week, breaching $2,500.
Calibre Mining and Orla Mining published good results, and Victoria Gold, as predicted here, went into receivership and the stock will be delisted. Continue reading
Orla Mining Reports Q2 2024 Financial Results
Orla Mining (TSX: OLA)
Announced the results for the second quarter ended June 30, 2024.
Second quarter gold production was 33,206 ounces, at an AISC of US$782. Continue reading
Westgold Declares Maiden South Junction Ore Reserve
Westgold Resources (ASX / TSX: WGX)
Presented the maiden Ore Reserve for its South Junction mine.
South Junction is a part of a broader Bluebird – South Junction mining complex which is becoming the primary ore source for the Bluebird processing hub at Meekatharra with a 1.2Mtpa run rate targeted from Q3, FY25. Continue reading
Victoria Gold Placed Into Receivership
Victoria Gold (TSX: VGCX)
The company has been placed into receivership after the Yukon government were granted an application by an Ontario court.
The government are said to have lost faith in the mine’s management after the catastrophic heap leach failure on the 24th June. Continue reading
Calibre Reports Q2 and YTD Financial Results
Calibre Mining (TSX: CXB)
Announced financial and operating results for the three and six months ended June 30, 2024. Continue reading
West Red Lake Gold Mines Intersects 107.61 g/t Au
West Red Lake Gold Mines (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
The drill results featured in this news release are focused on the high- grade Austin and McVeigh Zones. Continue reading
Calibre Mining Delivers First Ore from Volcan
Calibre Mining (TSX: CXB)
Announced first ore delivery to the Libertad Mill its 100% owned Volcan Deposit located 5 km south of the mill. Continue reading