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
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
