Calibre Mining (TSX: CXB)
Announced drill results from its 2024 exploration program within its Valentine Gold Mine complex in Newfoundland & Labrador, Canada.
Today’s results are located immediately southwest of the Leprechaun deposit, on the edge of the open pit (2022 Mineral Reserves of 15.1Mt grading 1.73 g/t gold containing 0.84 Moz). Continue reading
Thesis Gold (TSX.V: TAU)
Announced the successful completion of preliminary metallurgical testing at the Lawyers-Ranch Project.
This testing aims to assess the economics of an expanded project that integrates high-grade feed from Ranch and higher-grade underground material to a processing site at Lawyers. Continue reading
Calibre (TSX: CXB)
Reported that on May 25, 2024, a geotechnical incident occurred on the west wall of the Limon Norte Open Pit in Nicaragua.
A change in Limon Norte Open Pit mine sequencing will be required which will negatively impact Q2 2024 gold production. Continue reading
Barton Gold (ASX:BGD)
Provide an update for the current drilling program in the historical Tarcoola Goldfield.
A ~7,000m RC drilling program began 14 May 2024 to test new structural targets near the Perseverance Mine – where pit floor drilling has recently confirmed high-grade extensions of mineralisation grading up to ~12 g/t Au. Continue reading
Wesdome Gold (TSX: WDO)
Announced its results for the three months ended March 31, 2024 (“Q1 2024”).
Consolidated gold production was 33,322 ounces at cash costs per Oz of US$1,125) and AISC per ounce of US$1,650. Continue reading
Mining Review 2nd June 2024
A quiet week news wise, the main news being Anglo American rebutting BHP’s offer for the company.
G Mining and Calibre Mining both published positive project construction updates.
Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Provided an update of the ongoing trial-mining prefeasibility study (PFS) regarding the potential exploitation of near-surface gold-in-oxide mineralization at both the Central and MG gold deposits within the Cuiú Cuiú gold district in northern Brazil.
Monthly Review May 2024
Has been published by City Investors Circle.
The highlighted company is Ora Banda Mining, and featured companies include Aris Mining and Karora Resources, plus a potential takeover target in Australia. Continue reading
American Creek Resources (TSX.V: AMK)
Announced that project operator and JV partner Tudor Gold has filed the technical report for the updated Mineral Resource Estimate on the Goldstorm Deposit at the flagship Treaty Creek Project located in the Golden Triangle region of British Columbia. Continue reading
G Mining Ventures (TSX: GMIN)
Updated on progress made at GMIN’s 100%-owned Tocantinzinho Gold Project currently under construction in the State of Pará, Brazil.
The Project is 93% complete, and remains on track and on budget for commercial production in H2-2024. Continue reading
Neometals (ASX / AIM: NMT)
Announced it has secured an option, expiring 31 August 2024 to acquire an 80% equity interest of US business, Precious Metals Recovery, LLC.
PMR operates a pilot plant which demonstrates its proprietary hydrometallurgical processing flowsheet to recover precious metals from industrial waste streams. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Announced the appointment of Gwen Preston to the position of Vice President Investor Relations.
Gwen Preston brings over 16 years of experience in the resource sector as a highly regarded and accomplished newsletter writer and speaker. Continue reading
Aris Mining (TSX: ARIS)
Has entered into a binding agreement with MDC Industry Holding Company LLC, whereby, subject to certain customary conditions, Aris Mining will acquire an additional 31% JV interest in the Soto Norte gold-copper project in Colombia and amend the current JV Agreement to account for this change in ownership. Continue reading
Cornish Metals (TSX.V / AIM: CUSN)
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.
Highlights included 37.33 g/t Au over 2.79m and 5.26 g/t Au over 9.0m at North Austin Zone. Continue reading
Neometals (ASX / AIM: NMT)
Announced the commencement of the final Electrolysis stage of a pilot test work
program by Reed Advanced Materials Pty Ltd.
RAM, the 70:30 Neometals incorporated joint venture, with Mineral Resources Ltd, is commercialising its proprietary ELi™ Process. Continue reading
Impact Minerals (ASX:IPT)
Advised that it has received firm commitments from sophisticated investors for a strategic placement to raise A$3,000,000 (before costs) via the issue of 150,000,000 fully paid ordinary shares in the capital of the Company at an issue price of A$0.02 per Placement Share. Continue reading
Gold Road Resources (ASX: GOR)
Comments in the Australian media are suggesting Gold Road may have appointed a capital advisor, possibly McQuarie Capital, as a defence advisor, to defend a possible bid for the company. Continue reading
Orla Mining (TSX: OLA)
Announced good results for the first quarter ended March 31, 2024.
Q1 gold production was 33,223 ounces and gold sold was 32,046 ounces, and AISC¹ were $909 per ounce of gold sold. Continue reading
Mining Review 19th May 2024
Gold recorded its highest ever (nominal) price this week, $2,413! Silver also shot up, outpacing gold in percentage terms, and closed at $31.46.
Cornish Metals’ share price was pummelled, forcing a “we know of no reason” RNS from the company, which hardly helped. Continue reading
