Thesis Gold (TSXV: TAU)
Announced the receipt of an amended Mines Act permit at its 100% owned Lawyers-Ranch Project in the prolific Toodoggone Mining District of northern British Columbia. Continue reading
Author Archives: Mining Desk
Colonial Coal Featured in new Streetwise Report
Colonial Coal (TSX.V: CAD)
Colonial Coal have been featured in a new research report by Streetwise.
The article features up to date research on the metallurgical coal industry. Continue reading
Calibre Announces Approval For The Berry Pit at Valentine
Calibre Mining (TSX: CXB)
Announced that the Minister of Environment and Climate Change Canada, has approved the addition of a third open pit, the Berry Deposit at its 100% owned Valentine Gold Mine. Continue reading
Calidus Resources Update from the Receivers and Managers
Calidus Resources (ASX: CAI)
Commencing on Monday, 5 August 2024, the Receivers and Managers will be seeking
urgent expressions of interest for the acquisition and/or recapitalisation of Calidus
Resources Limited. Continue reading
Karora and Westgold Complete Merger
Karora Resources (TSX: KRR)
Westgold Resources Limited (ASX: WGX) and Karora Resources announced the completion of the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company expected to be dual listed on the ASX and TSX. Continue reading
Capricorn Expands KGP to 1.43 M Ounces of Gold
Capricorn Metals (ASX: CMM)
The Capricorn Board is pleased to announce that recent drilling at Bibra, the contiguous Southern Corridor deposit and Berwick at the KGP has contributed to a significant increase in the ORE to 1,428,000 ounces of gold. Continue reading
Market Review July 2024
Market Review July 2024
Highlights were the first gold pour by G Mining Ventures, and Calibre Mining’s progress at Valentine and Libertad in Nicaragua.
The low point was the administration of Calidus Resources. BPM Minerals are the highlighted company. Continue reading
Yukon Government Assisting at Victoria Gold disaster Site
Victoria Gold (TSX: VGCX)
The Yukon governement are stepping up their relief efforts at the site of the Victoria Gold Eagle Mine heap leach disaster. Continue reading
Gold Road Quarterly Results Conference Call
Gold Road (ASX: GOR)
Gold Road Resources Limited (the Company) advises the scheduled release of its
June 2024 quarterly report to the ASX on Wednesday, 31 July 2024. Continue reading
Victoria Gold looks Doomed to Fail
Victoria Gold (TSX: VGCX)
On the 24th June 2024 Victoria Gold announced a landslide at the heap leach pad at their Eagle Gold Mine in the Yukon territory of Canada.
What they really meant to say was that two million tons of the heap leach pad had cascaded down the mountain, and there was a concern about cyanide contamination of the local water supply. Continue reading
Calidus Resources Creditors Meeting delayed
Calidus Resourses (ASX: CAI)
The Voluntary Administrators* of Calidus Resources have obtained a court order to postpone the second creditors meeting of Calidus and Calidus Group entities as detailed below by a period of up to six months until 4 February 2025. Continue reading
Capricon Metals Quarterly Exploration Update
Capricorn Metals (ASX: CMM)
Published their Quartery Exploration Update doe their Mt. Gibson and Karlawinda projects.
Assays received from 123 resource definition holes (19,738 metres) since the last update in April 2024 continue to return exceptional results within and extensional to the resource. Continue reading
Cornish Metals Announces Sale of Mactung and Catung Royalties
Cornish Metals (AIM / TSX-V: CUSN)
Announced that it has entered into a binding agreement with Elemental Altus Royalties Corp. for the sale of the royalty interests that the Company holds on the Mactung and Cantung tungsten projects located in Northern Canada for a total cash consideration of US$4,500,000. Continue reading
BPM Minerals’ Phase 2 Drilling at Claw Gold Project
BPM Minerals (ASX: BPM)
Updated on the Claw Gold Project’s impending phase 2 drilling program.
The Phase 2 AC/RC drilling program will commence in mid-August, designed to test the Louie gold anomaly – a 1km long, 100 ppb Au gold in regolith anomaly immediately along strike of Capricorn Metals Ltd.’s 3.24 Moz Mt Gibson Gold Project. Continue reading
Barton Gold Release Tunkillia Scoping Study Presentation
Barton Gold (ASX: BGD)
Released a Tunkillia gold and silver mine Scoping Study presentation, following their ASX announcement on the 16th July. Continue reading
Mining Review 21st July 2024
Mining Review 21st July 2024
Gold had a poor week, crashing to $2,400 when it looked on the cusp of breaching $2,500.
G Mining Ventures and Karora Resources both announced the closure of their respective business combinations, and Cabral Gold and West Red Lake Mining both announced high grade drill results. Continue reading
Cabral Gold Drills 10m @ 3 g/t Gold at Machichie West
Cabral Gold (TSX.V: CBR)
Announced drill results from fifteen initial reconnaissance RC holes drilled at the Machichie West target within the Cuiú Cuiú gold district.
The highlight was hole RC439 returned 10m @ 3.00 g/t gold from 11m depth in weathered saprolite including 5m @ 5.37 g/t gold from 13m depth. Continue reading
Karora and Westgold Merger Nears Completion
Westgold Resources (ASX: WGX)
Updated in relation to the proposal to acquire 100% of the issued and outstanding common shares of Karora Resources Inc. by way of a court-approved plan of arrangement under the Canada Business Corporations Act.
On 17 July 2024, Westgold received written confirmation from the FIRB that the AustralianGovernment has no objection to the Transaction under the Foreign Acquisitions and Takeovers Act 1975. Continue reading
Aris Mining H1 2024 Production, Reaffirms 2024 Guidance
Aris Mining (TSX: ARIS)
Announced gold production of 99,983 ounces for H1 2024, with 88,613 ounces from Segovia and 11,370 ounces from the Marmato Upper Mine.
As the Segovia mine plan progresses to higher-grade zones the Company is on track to meet the lower end of its full-year production guidance of 220,000 to 240,000 ounces.
G Mining Ventures and Reunion Gold Complete Business Combination
G Mining Ventures (TSX: GMIN)
And Reunion Gold Corporation (TSXV:RGD) are pleased to announce that the business combination between GMIN and Reunion Gold has been completed by way of a court approved plan of arrangement under the Canada Business Corporations Act. Continue reading