Calibre Mining (TSX: CXB)
Announced a 100,000 metre resource expansion and discovery drill program at its 100% owned, fully funded Valentine Gold Mine located in the central region of Newfoundland & Labrador, Canada.
This will be the largest pure exploration drilling campaign in Valentine’s history. 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 MM24X-03-5195-018, which Intersected 10m @ 13.40 grams per tonne gold, from 82m to 92m. Continue reading
G Mining Ventures (TSX: GMIN)
Announced that its shareholders have approved a special resolution authorizing the plan of arrangement with Reunion Gold Corporation previously announced on April 22, 2024, at the annual general and special meeting of Shareholders held earlier today. Continue reading
Ora Banda MIning (ASX: OBM)
The Sand King Underground Final Investment Decision has been approved by the Ora Banda Board to become the Company’s second underground mine at the Davyhurst Gold Project.
This will raise gold production to 150.000 Oz PA in FY 2026. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced that Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm, released a repor recommending that Karora shareholders vote in favour of the previously announced statutory plan of arrangement with Westgold Resources Limited. Continue reading
Calidus Resources (ASX: CAI)
A transition to care and maintenance for the Warrawoona Gold Mine will be undertaken over a period of three weeks, pursuant to a detailed plan to ensure that value is preserved in all of the Group’s fixed assets. Continue reading
G Mining Ventures (TSX: GMIN)
Announced that it has completed its first gold pour at GMIN’s 100%-owned Tocantinzinho Gold Projectin the State of Pará, Brazil.
The first pour yielded approximately 440 ounces of gold. Continue reading
Calibre Mining (TSX: CXB)
Announced that the corresponding Nicaraguan authorities have granted the Company the key environmental permits for the development and production of the open pit mines at the Volcan gold deposit located approximately 5 km south of the Libertad mill. Continue reading
Victoria Gold (TSX: VGCX)
On the 24th June Victoria Gold reported a Heap leach pad “incident”, and operations were “temporaily suspended”, which sounded fairly innocuouos at the time.
What they failed to say was that around two million tons of a four million ton leachpad had slipped off the top of the mountain and collapsed down the side!
I seriously doubt the company can survive this catastrophe, and I predict it will cease to exist.
Skeena Resources (TSX: SKE)
Announced that the British Columbia Court of Appeal overturned the decision of the Chief Gold Commissioner and Supreme Court of British Columbia in the matter,Skeena Resources Limited v Richard Mill, the Chief Gold Commissioner of British Columbia and Orogenic Gold Corp. Continue reading
Orla Mining (TSX: OLA / NYSE: ORLA)
Announced that, further to its April 10, 2024, news release, the Company has filed a Request for Arbitration against the Government of Panama under the Canada-Panama Free Trade Agreement. Continue reading
Wesdome Gold Mines (TSX: WDO)
Updated on underground exploration activities at the Company’s wholly-owned Eagle River Mine near Wawa, Ontario.
Drilling has extended the high grade zone 150 metres to the east, adjacent to existing infrastructure. Hole 758-E-456: 71.7g/t Au over 3.3 m core length (58.2g/t Au capped, 2.8 m true width). Continue reading
Ascot Resources (TSX: AOT)
Announced second quarter production results and provides a commissioning update at the Company’s Premier Gold Mine (“Premier”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Orla Mining (TSX: OLA)
Updated on its exploration activities at Camino Rojo Sulphide Extension from the first half of 2024.
Highlight results included 4.57 g/t Au, 19.4 g/t Ag, 2.56% Zn, (6.16 g/t AuEq) over 15m, incl. 51.1 g/t Au, 8.08% Zn over 0.8m. Continue reading
Calidus Resources (ASX: CAI)
Reported the shocking news that their shares have been suspended by the ASX, and Administrators have been appointed.
Mining is continuing currently. Continue reading
Market Review for June 2024
City Investors Circle has published the Market review for June 2024.
The features company is Barton Gold. Other company updates include Calibre Mining and G Mining Ventures, plus updated stock and commodity market data. Continue reading
i-80 GOLD (TSX: IAU)
Announced the results of Metallurgical work completed by Blue Coast Research on samples from the company’s Ruby Hill and Golden Hill Projects located in Eureka County and along the southeastern end of the Battle Mountain / Eureka gold trend in Nevada. Continue reading
Skeena Resources (TSX: SKE)
Announced that it has secured a financing package totaling US$750 million with Orion Resource Partners for the development, construction, and general working capital required to advance the Company’s 100%-owned Eskay Creek Gold-Silver Project. Continue reading
Gold Road (ASX: GOR)
Reported excellent progress as it advances its 100% owned Resources towards mine readiness at Yamarna.
Drilling at Gilmour is on schedule to deliver updated Resources and Reserves in late CY2024. Continue reading
Karora Resources (TSX: KRR)
Announced that it has filed and is in the process of mailing the management information circular and related materials for the annual general and special meeting of shareholders of Karora to be held on July 19th, 2024. Continue reading
