Calibre Finds New Gold Mineralisation At Valentine

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).

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Calibre Mining

Calibre Mining Valentine mine construction

 

 

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Calibre Mining TSX: CXB
Stage Production, development, exploration
Metals Gold
Market cap C$1.5 Billion @ C$1.92
Location Canada, Nicaragua, USA
Website www.calibremining.com

 

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CALIBRE CONTINUES TO DISCOVER ADDITIONAL GOLD MINERALIZATION AT THE VALENTINE GOLD MINE DEMONSTRATING UPSIDE POTENTIAL

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Jun 5, 2024
View PDF

VANCOUVER, British Columbia, June 05, 2024 (GLOBE NEWSWIRE) — Calibre (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce drill results from its 2024 exploration program within its 250 km 2 Valentine Gold Mine complex (“Valentine”) 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) 1 , one of the three open pits at Valentine.

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Highlights from the Leprechaun Southwest drill program include:
  • 2.25 g/t Au over 15.30 metres Estimated True Width (“ETW”) including 24.68 g/t Au over 0.85 metres ETW in Hole LS-24-002;
  • 1.87 g/t Au over 11.57 metres ETW including 9.26 g/t Au over 0.89 metres in Hole LS-14-007;
  • 36.83 g/t Au over 0.91 metres ETW in Hole LS-24-010;
  • 13.32 g/t Au over 0.85 metres ETW in Hole LS-24-011.

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Darren Hall, President and Chief Executive Officer of Calibre, stated :

“Today’s drill results reinforce the vast potential of the 32 km long Valentine Lake Shear Zone (“VLSZ”). Initial 2024 drilling intersected near surface gold mineralization outside of the current Mineral Reserve block model and in two holes outside of the Leprechaun Mineral Resource model.

“This new mineralization is located between 100 and 175 metres south of the recent high grade ore control drilling and both areas remain open for expansion.

“This, coupled with earlier positive results from the Frank Zone), located approximately one kilometre south of today’s Leprechaun results, indicates potential for further expansion at near mine targets.

“This year, we plan to follow up with additional drilling on numerous targets in this area along the VLSZ towards Frank and infilling between the holes highlighted in this release.”

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To View Calibre Mining’s historical news, please click here

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To read the full news release please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds  shares in Calibre Mining.

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Thesis Gold Positive Metallurgical Tests for Lawyers-Ranch 

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.

 

 

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Thesis Gold

 

 

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Thesis Gold TSX.v : TAU
Stage Exploration
Metals Gold
Market cap C$108 m   @ 68 cents
Location British Columbia, Canada
Website thesisgold.com

 

 

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Thesis Gold Receives Positive Metallurgical Tests Results for Lawyers-Ranch Project: Achieves Average Precious Metal Recovery of 95% for Gold and 92% for Silver

 

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Vancouver, British Columbia — (June 5, 2024) – Thesis Gold Inc. (“Thesis” or the “Company”) (TSX.V: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce the successful completion of preliminary metallurgical testing at the Company’s 100% owned 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.

The program was designed based on the updated Mineral Resource Estimate from May 1, 2024 (link to news release).

The Project is road-accessible and forms a contiguous, 495 km2 land package in the prolific Toodoggone Mining District in northern British Columbia.

 The metallurgical results will be used as part of an updated preliminary economic assessment of the project, scheduled for Q3-2024.  

 

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Metallurgical Testing Highlights:
 

  • Process Flowsheet Development: with gravity pretreatment, flotation, and leaching of secondary concentrate and float tails.  The overall recovery range was 93% to 96% for gold and 86% to 96% for silver, demonstrating excellent extraction potential.
  • Gravity Pretreatment: Recovery ranged from 20 to 38% for gold, and 2 to 10% of silver at grades exceeding 360 g/t Au and 1190 g/t Ag, which is suitable for onsite doré production.
  • Primary Flotation Concentrate: Recovery ranging from 40% to 65% of gold producing a concentrate grade exceeding 160 g/t Au and 55% to 78% recovery for silver with a concentrate grade of over 5,000 g/t Ag.
  • Leaching: of a secondary float concentrate and the float tailing, scavenged an additional 8-20% of gold and 12-24% of silver.

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Dr. Ewan Webster, Thesis Gold President and CEO, commented

“The excellent metallurgical results from the combined Lawyers-Ranch project highlight not only the high recoveries of 95% for gold and 92% for silver but also the marketable concentrate grades.

 

“These findings, based on blended composites from potential mining areas, provide a strong foundation for the upcoming preliminary economic assessment. 

 

“Given the strength of these results, our continued efforts will be directed towards optimizing capital costs, operating costs, and maximizing payables, rather than addressing fundamental process challenges.”

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To View Thesis Gold’s historical news, please click here

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Thesis Gold.

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To read our full terms and conditions, please click HERE



Calibre Reports Partial Slope Movement at Limon Norte

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.

 

 

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Calibre Mining

 

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Calibre Mining TSX: CXB
Stage Production, development, exploration
Metals Gold
Market cap C$1.5 Billion @ C$1.92
Location Canada, Nicaragua, USA
Website www.calibremining.com

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CALIBRE REPORTS PARTIAL SLOPE MOVEMENT AT THE LIMON NORTE OPEN PIT; FULL YEAR PRODUCTION GUIDANCE MAINTAINED

Jun 4, 2024
View PDF

VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) — Calibre (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) reports that on May 25, 2024, a geotechnical incident occurred on the west wall of the Limon Norte Open Pit in Nicaragua.

The pit wall movement did not impact personnel or equipment, however a change in Limon Norte Open Pit mine sequencing will be required which will negatively impact Q2 2024 gold production. All other open pit and underground operations at Limon are unaffected.

The Company currently anticipates Q2 2024 consolidated production to be between 55,000 to 60,000 ounces. With higher-grade ore prioritized in Q3 and Q4 our full-year consolidated production guidance remains unchanged at 275,000 to 300,000 ounces.

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To View Calibre Mining’s historical news, please click here

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To read the full news release please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds  shares in Calibre Mining.

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Barton Gold Tarcoola Goldfield Drilling Update

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.

 

 

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Barton Gold

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Barton Gold ASX: BGD
Stage Production, development
Metals Gold
Market Cap A$66 Million   @ 30c
Location South Australia
Website www.bartongold.com.au

 

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To view Barton Gold historical news releases, please click here

 

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Barton Gold Tarcoola Goldfield Drilling Update

 

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or the Company) is pleased to provide an update for the current drilling program in the historical Tarcoola Goldfield (Tarcoola).

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 – and priority targets to the west including Tolmer, Mulgathing and Warburton.

A total of 3,126m RC drilling has now been completed across the School, Old Flame and Perseverance North targets (on Mining Lease 6455, see Figure 2 next page), and at the Tolmer target.

Barton is trialling in-field applications of Portable PPB’s DetectOreTM technology, and has now dispatched priority samples to the lab for expedited analysis by fire assay based upon preliminary in-field analyses.

Drilling has now paused for approximately two weeks’ time, following which the balance of the program will be completed, including further drilling on the Tolmer, Mulgathing and Warburton targets.

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HIGHLIGHTS

• ~3,126m reverse circulation (RC) drilling completed to-date, priority assay samples dispatched
• Targeting high-grade mineralisation in newly identified structural targets surrounding the Perseverance Mine, where assays have recently confirmed high-grade pit floor extensions.

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Commenting on the Tarcoola drilling program, Barton M.D. Alex Scanlon said:

“Our exploration team and drilling contractor have done an excellent job so far with this program, maintaining a production rate of over 200 metres per day on average despite the challenges of drilling through quartzites.

“We anticipate another 3 – 4 weeks of drilling will complete this initial ~7,000m test of certain newly predicted structural targets, with drilling to re-commence after a 2 week break for the drilling and exploration teams.

“We have expedited sample dispatch and assays for several hundred metres of this first round of drilling, and our geology team is busy remodelling pit floor mineralisation in the Perseverance Mine.

 

“Our objective for Tarcoola this year is a steady flow of drilling, analysis, and follow-up to pursue high-grade mineralisation.”

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To view Barton Gold historical news releases, please click here

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To read the full news release please click HERE

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The live Spot gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds  shares in Barton Gold Holdings.

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To read our full terms and conditions, please click HERE



Wesdome Reports Q1 2024 Financial Results

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.

 

 

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Wesdome Gold mine location map

Wesdome Gold – Mine location map

 

 

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Wesdome Gold TSX : WDO
Stage Production, Development
Metals Gold
Market cap C$1.6 B   @ C$11.12
Location Ontario and Quebec, Canada
Website www.wesdome.com

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Wesdome Reports First Quarter 2024 Financial Results

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today announced its results for the three months ended March 31, 2024 (“Q1 2024”). Preliminary operating results for Q1 2024 were disclosed on April 15, 2024.

All amounts are expressed in Canadian dollars unless otherwise indicated.

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Q1 2024 Highlights

  • Consolidated gold production was 33,322 ounces at cash costs per ounce1of $1,517 per ounce (US$1,125) and all-in sustaining costs (“AISC”) per ounce1of $2,226 (US$1,650).
  • Net income increased to $10.7 million, or $0.07 per share, an increase of $11.1 million from the corresponding period in 2023.
  • Cash margin1was $46.6 million, representing a 36% increase relative to the prior year quarter mainly due to a higher Canadian dollar realized gold price and increase in ounces sold.
  • Operating cash flow was $46.5 million, or $0.31 per share1, $41.4 million higher than the corresponding period in 2023 mainly due to the higher cash margin and an increase in cash from working capital changes.
  • Free cash flow1of $19.5 million was $39.0 million higher than the corresponding period in 2023 mainly due to higher operating cash flow partially offset by an increase in capital expenditures.
  • Available liquidity of $169.5 million, including $48.3 million in cash and $121.2 million of undrawn availability under the Company’s revolving credit facility.

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Anthea Bath, President and CEO, commented:

“We delivered a solid first quarter on the back of higher-grade material at Eagle River, as a result of short-term positive grade reconciliation and mine sequencing relative to plan.

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“As anticipated, in the second quarter we began processing higher grade material from Kiena Deep, which is expected to trend upwards over the balance of the year and thereby drive margin expansion.

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“Exploration underpins our success, and we continue to identify new opportunities across both mine sites to unlock value. This year’s extensive exploration program is already yielding exciting results, including the intercept of high grades near mine infrastructure at Kiena Deep and continued growth in the recently discovered Falcon 311 and 300 zones.

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“Our balance sheet continues to strengthen with meaningful improvements in both cash and total liquidity in the first quarter. We took advantage of increased cash flow in the quarter, reducing the amount outstanding on our revolving credit facility by $10 million and putting us on track to repay the remaining balance by Q3.

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“Results to date are aligned with our expectations and the team is focused on execution and delivering on full-year guidance and strategic objectives. We are well positioned to achieve higher production at declining unit costs with increased free cash flow in 2024.” .

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To read the full news release please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds no shares in Wedome Gold Mines.

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Mining Review 2nd June 2024

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.

 

 

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Impact Minerals

Impact Minerals – Drilling at Lake Hope HPA project.

 

 

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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.

 

The Monthly Review has just been published, so all the news for the month is contained there.  To read the Monthly Review, please click HERE

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Market Data

Weekly Price changes

(US$ unless stated)

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Metal Prices 260524 % Change
Gold price in UK £ 1830 -0.27%
Gold 2328 -0.68%
Silver 30.42 0.53%
Palladium 970 -0.41%
Platinum 1048 1.65%
Rhodium 4725 0.00%
Copper 4.67 -1.48%
Nickel 8.98 0.00%
Zinc 1.36 -0.73%
Tin 15.01 0.00%
Cobalt 12.11 0.00%
Manganese 5.43 1.31%
Lithium 14281 -0.04%
Uranium 90.6 -1.74%
Iron Ore 118 -4.22%
Coking Coal 326 0.00%
Thermal coal 140 0.00%
Metal ETFs Price % Change
GLD 215.3 -0.29%
GDX 35.3 0.11%
GDXJ 45.13 1.19%
Sil 34.69 0.87%
SILJ 12.54 2.03%
GOEX  (PCX) 29.55 2.18%
URA 32.24 0.75%
COPX  48.19 -0.97%
HUI 279.23 1.11%

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Click HERE for live Spot Metal Prices 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

To read our full terms and conditions, please click HERE



Cabral Gold Provides Update on Prefeasibility Study at Cuiú Cuiú

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.

 

 

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Cabral Gold excavator

 

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Cabral Gold TSX.V : CBR
Stage Exploration
Metals Gold
Market cap C$72 m   @ 35c
Location Tapajos, Para State, Brazil
Website www.cabralgold.com

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Cabral Gold Provides Update on Prefeasibility Study at Cuiú Cuiú Gold Project, Brazil

Vancouver, British Columbia–(Newsfile Corp. – May 16, 2024) –Cabral Gold Inc. (TSXV: CBR) (OTC Pink: CBGZF) (“Cabral” or the“Company“) is pleased to provide 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.

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Highlights

  • The ongoing PFS study being conducted by Ausenco do Brasil Engenharia Ltda (“Ausenco”) is now 87% complete. An initial estimate of capital expenditures is nearing completion with the focus now on more detailed cost estimates and optimizing project components to the most cost-effective design.
  • Metallurgical test work on six additional representative samples of oxide gold mineralization from the MG and Central gold deposits is now 60% complete. Initial indications are encouraging and indicate results comparable with previous test work which resulted in gold recoveries of 82% at MG after 60 days leaching in columns.
  • Mine design and planning work is being undertaken by Deswick Brazil Inc. (“Deswick”) and is 30% complete. Engineering on early works to support a fast-track construction of the project has commenced. Discussions have commenced with mining contractors and potential EPCM companies.

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Alan Carter, Cabral’s President and CEO commented,

“The PFS continues to make good progress and reinforces our previous expectations for the initial trial-mining project, while identifying significant potential improvement and value enhancements.

 

“We expect some of these opportunities will be included in the PFS scope and, together with other elements, will provide robust pathways for future growth and optimisation.

 

“The previously reported excellent drill results from the program of RC drilling at the MG and Central gold deposits has improved our confidence in the resource estimate and confirmed higher grades within the near-surface saprolite and overlying blanket oxide material.

 

“Positive drilling at Machichie has confirmed a third source of high-grade shallow oxide material that could eventually be added to the project’s mineral inventory.”

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Update regarding Prefeasibility Study

The Company is making good progress on a NI 43-101 compliant PFS regarding the economic viability of mining and heap-leach processing of the gold-in-oxide weathered material at the Central and MG gold deposits at Cuiú Cuiú.

Ausenco do Brasil Engenharia Ltda (“Ausenco”) has advised that the study is now 87% complete with the main items outstanding being capex estimates.

The Company expects to release the results of the PFS during mid Q3 2024.

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To read the full news release please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds no shares in Cabral Gold.

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Monthly Review for May 2024 Published

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.

 

 

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G Mining

G Mining’s TZ project vista, Tapajos, Brazil.

 

 

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City Investors Circle Monthly Review May 2024

 

The highlighted company is Ora Banda Mining, in production in Western Australia, looking ot increase gold production  from 70,000 Oz PA to 100,000 Oz PA in 2025.

Ora banda has a 110 KM trend with a “string of pearls” of targets, and are looking to pivot to underground mining for higher grades and lower costs.

AISC is around A$2,400, and the gold price in Australia is currently A$3,550, so plenty of cashflow to expand exploration and develop their other projects..

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Other featured companies include Aris Mining and Karora Resources, plus a potential takeover target rumour from Australia..

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Precious and industrial metal prices in May were virtually all positive, and we list the gainers and very few losers monthly changes..

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All the company news from May 2024 is listed below, please click on the link to be taken to the full story on the website.chives

  American Creek’s JV Partner Files Updated MRE

  G Mining Ventures Gaves a Positive Update on the TZ Project

  Neometals Option to acquire PM Waste Recovery Plant

  West Red Lake Gold Mines Strengthened their Investor Relations Team

  Mining Review 26th May 2024

  Aris Mining to Increase Ownership of Soto Norte to 51%

  Cornish Metals Land Purchase at South Crofty

  West Red Lake Gold Mines Intersected 37.33 g/t Au over 2.79m

  Neometals Final Stage of ELi™ Pilot Trial Commences

  Impact Minerals funded to complete Pre-Feasibility Study at Lake Hope

  Gold Road Rose on Potential Bid Target Rumours

  Mining Review 19th May 2024

  Aris Mining Reported Q1 2024 Results, $13.8 M Cash Flow

  Cornish Metals’ Response To Share Price Movement

  Calibre Mining Reported Strong Progress At Valentine

  I-80 Gold Reported Q1 2024 Operating Results

  Karora Resources Reported Record Revenue and Strong Cashflow in Q1

  West Red Lake Gold Mines Clarified Madsen Has Resources, not Reserves

  Mining Review 12th May 2024

  Gold Road Resources Lowers De Grey Mining Stake

  West Red Lake Gold Mines Intersected 21.33 g/t Au over 3.1m

  Calibre Mining To Update On The Valentine Gold Mine

  Karora Resources and Westgold Merger Presentation

  Gold Road Resources Results Presentation

  Thesis Gold Announced An M & I Resource Of 4 Moz

  Mining Review 5th May 2024

  Calidus Doubled their Share Purchase Plan to A$6m

  Galiano Gold Q1 Operating and Financial Results

  Capricorn Metals Announced an Exploration Update

  Global Mining Finance Conference Update

  Market Review for April 2024 Published

.

——-

 

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To read the full May 2024 Newsletter, please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in some of the companies mentioned above.

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To read our full terms and conditions, please click HERE



American Creek’s JV Partner Files Updated MRE

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.

 

.

American Creek

 

 

/

American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$56 m   @ 12.5c
Location Golden Triangle, B.C.
Website www.americancreek.com
Comment
I missed this announcement at the time, so posting now so we can keep up to date with American Creek’s news, at this very significant gold project.
I do wonder how much more gold they need to define before they look to either move towards production or sell on to a miner large enough to develop the project?
I would think their next door neighbour at Brucejack might be interested.

——-

,

AMERICAN CREEK’S JV PARTNER TUDOR ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT ON THE UPDATED MINERAL RESOURCE ESTIMATE FOR THE GOLDSTORM DEPOSIT AT THE TREATY CREEK PROJECT, BRITISH COLUMBIA

.

    American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”) is pleased to announce that project operator and JV partner Tudor Gold (“Tudor”) has filed the technical report (the “Report”) for the updated Mineral Resource Estimate on the Goldstorm Deposit (the “MRE” or “2024 Treaty Creek MRE”) at the flagship Treaty Creek Project (the “Project”) located in the Golden Triangle region of British Columbia.

    The Report is entitled “NI 43-101 Technical Report, Treaty Creek Project, British Columbia”, with an effective date of April 5, 2024 and was prepared for Tudor Gold by Garth Kirkham Geosystems and JDS Energy & Mining Inc. (“JDS”).

    The Report is available under the Tudor’s profile on SEDAR at www.sedar.com or from the Tudor’s website at www.tudor-gold.com

    .

    Highlights of the 2024 Updated Mineral Resource Estimate for the Goldstorm Deposit:

    • Increased the Indicated Mineral Resource by 19% in gold equivalent ounces (AuEQ), consisting of a 16% increase in gold (Au), 14% increase in silver (Ag) and 32% increase in copper (Cu).
    • Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ within 730.20 million tonnes (Mt) at a grade of 1.19 g/t AuEQ; comprised of:
      • 21.66 Moz of Au at 0.92 g/t, 128.73 Moz of Ag at 5.48 g/t, and 2.87 billion pounds (Blbs) of Cu at 0.18%.
    • Inferred Mineral Resource of 6.03 Moz of AuEQ within 149.61 Mt at a grade of 1.25 g/t AuEQ; comprised of:
      • 4.88 Moz of Au at 1.01 g/t, 28.97 Moz of Ag at 6.02 g/t, and 503.23 million pounds (Mlbs) of Cu at 0.15%.
    • The CS-600 domain, comprised of a monzodiorite intrusive stock and associated gold-copper porphyry system, constitutes a large part of the deposit with an Indicated Mineral Resource of 15.65 Moz of AuEQ within 400.29 Mt at a grade of 1.22 g/t AuEQ; consisting of:
      • 9.99 Moz of Au at 0.78 g/t; and 2.73 Blbs of Cu at 0.31%.
      • An 58% increase in the AuEQ ounces within the CS-600 domain.
    • The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit. The NS-STK Domain was reinterpreted to be a NE-SW trending stockwork and is associated with the 300H Domain mineralization. This system has now been separated into its own mineral domain, named 300N.
    • Advanced metallurgical studies and refined the pit constrained and underground cutoff grades, increasing the pit constrained cutoff from 0.5 to 0.7 g/t AuEQ and the underground cutoff from 0.7 to 0.75 g/t AuEQ.
    • Substantially reduced the pit size which eliminated the necessity to remove the glacier and reduced the strip ratio.
    • The Goldstorm Deposit remains open to the south, north, northeast and at depth.

    ..

    ——-

     

    To read the full news release please click HERE

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

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    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

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    Disclosure

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    .

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    G Mining Gives a Positive Update on the TZ Project

    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.

     

    .

     

    .

    G Mining Ventures TSX: GMIN
    Stage Development + Exploration
    Metals Gold
    Market cap C$931 million @ C$2.06
    Location  Tapajos, Para State, Brazil
    Website www.gminingventures.com

     

    .

    G Mining Positive Update on the TZ Project

     

    .

    BROSSARD, QC, May 27, 2024 – G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX: GMIN) (OTCQX: GMINF) is pleased to provide an update on progress made at GMIN’s 100%-owned Tocantinzinho Gold Project (“TZ” or the “Project”) currently under construction in the State of Pará, Brazil.

    With the spot gold price trading close to $2,400/oz (LBMA Gold Price as at May 21, 2024), the Project is 93% complete and remains on track and on budget for commercial production in H2-2024.

    .

    G Mining Ventures Provides Tocantinzinho Project Update

    All amounts are in USD unless stated otherwise
    o Project remains on schedule and on budget for commercial production in H2-2024
    o Total project progress of 93% with construction 95% complete
    o Total spend of $447 million (98% of project total)
    o Industry leading safety record, with LTIFR of 0.04 after 5.2 million person-hours worked
    o 1.5 Mt of ore at 0.85 g/t stockpiled to date ahead of schedule
    o Site energized on the national grid with all balance of plant infrastructure commissioned; process plant
    commissioning in focus and progressing according to the plan and schedule

     

    Recent Highlights

    (All updates are dated as of April 30th, 2024, unless stated otherwise.)

    o Health & Safety – Industry leading safety record of Lost Time Incident Frequency Rate (“LTIFR”) of 0.04, and Total Recordable Incident Frequency Rate (“TRIFR”) of 0.31 after a total of 5,174,356 person-hours worked.
    o Budget – Total spend to date of $447 million with open commitments of $11 million for a total committed to date of $458 million and are tracking in line with the Feasibility Study (defined hereafter).
    o Schedule –Total Project is currently 93% complete and trending on time for commercial production in H2-24.
    o Construction Progress – Construction is 95% complete, with favourable project-to-date productivity factor of 1.14. Mill installation is imminently mechanically complete.
    o Pre-production Mining – Pre-production mining continues to progress above budget, having excavated 12.4 million tonnes (“Mt”) of material from the starter pit, including 1.5 Mt of ore to the stockpile.
    o Powerline – 193-km 138 kV transmission line from Novo Progresso to TZ and associated substations are complete and energized.
    o Operational Readiness – All operations personnel hired, training ongoing, consumables/inventory parts procured.
    o Human Resources – 1,507 employees and contractors are currently employed by the Project, after peaking at 2,220 in August 2023. Reductions are mainly in earthworks, civil, structural, architectural and site services.

    .

    Site Drone Footage – Recent aerial drone footage of the site can be found here 

    ——-

     

    To read the full news release please click HERE

    .

    The live Spot gold price can be found HERE

    .

    =======

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

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    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in G Mining Ventures.

    .

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    Neometals Option to acquire PM Waste Recovery Plant

    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.

     

     

    .

    Neometals Primobius

     

     

    .

    Neometals ASX / AIM : NMT
    Stage Production + development
    Metals Titanium + Vanadium + lithium + nickel
    Market cap A$72 m   @ A$0.11.5
    Location Australia, Germany, Finland, USA
    Website www.neometals.com.au

     

    .

     

    Neometals Option to acquire Precious Metals Waste Recovery Process and Plant in US

     

    .

    Neometals Ltd (ASX: NMT & AIM: NMT) (“Neometals” or “the Company”), is pleased to announce it has secured an option, expiring 31 August 2024 (“Option” and “Option Agreement”), to acquire an 80% equity interest of US business, Precious Metals Recovery, LLC (“PMR”). PMR operates a pilot plant which demonstrates its proprietary hydrometallurgical processing flowsheet (“PMR Technology”) to recover precious metals from industrial waste streams.

    The Option period allows Neometals’ technical team to complete its due diligence on PMR and its business (including the PMR Technology).

    Highlights
    • Neometals secures option to acquire an 80% equity interest in a private US company which has developed a process to selectively recover precious metals from industrial waste streams;
    • The purchase price for the 80% equity interest is approximately US$10 million (A$15.4M), payable by way of a combination of staged cash and equity in Neometals;
    • The potential for short-term cash generation from debottlenecking the pilot plant and increasing the recovery of precious metals from waste is consistent with Neometals’ strategy; and
    • Neometals’ technical team has completed an initial six-week variability test work program and commenced a second program in parallel with financial and legal due diligence work streams.

    .

    ——-

     

    To read the full news release please click HERE

    .

    Live Spot metals prices can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in Neometals.

    .

    To read our full terms and conditions, please click HERE



    West Red Lake Gold Strengthens Investor Relations Team

    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.

     

     

    .

    West Red Lake Gold Mines

     

     

    .

    West Red Lake Gold Mines TSX.V : WRLG
    Stage Exploration / Development
    Metals Gold
    Market cap C$149 m   @ 66 cents
    Location Ontario, Canada
    Website www.westredlakegold.com

     

     

    Comment

    I have always though West Red Lake were a bit too promotional, and now we get the news that a newsletter writer, Gwen Preston, is joining WRLG as an IR person!

    They promoted hard last year, and the stock was recently above CAD$1, but it’s slipped back to the mid 60 cent range after the recent raise and “resources not reserves” news release correction, so it looks as though they are about to start promoting hard again.

    Only time will tell whether this move will pay off.

    .

    .

    West Red Lake Gold Strengthens Investor Relations Team

    .

    .

    West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF)is pleased to announce 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.

    Ms. Preston started her career writing for The Northern Miner, where she covered exploration and mining stories around the globe.

    From 2014 to 2024 Gwen ran her own new newsletter business, reviewing and recommending hundreds of projects and mining companies as investment opportunities to her subscribers.

    Ms. Preston is a graduate of McGill University (Bachelor of Science) and The University of British Columbia (Masters of Journalism).

     

    .

    Shane Williams, President & Chief Executive Officer, commented,

    “On behalf of the entire West Red Lake Gold team, I would like to welcome Gwen to the organization and say that we are delighted to have someone of Gwen’s caliber join the West Red Lake Gold team.

     

    “Gwen’s experience in engaging investors and shareholders in the junior resource mining sector is well established and is a testament to the quality of the company and the team that she chose to join the West Red Lake team.

     

    “She joins West Red Lake Gold at an exciting time in the Company’s stage of development.”

    .

    ——-

     

    To read the full news release please click HERE

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in West Red Lake Gold Mines.

    .



    Aris Mining to Increase Ownership of Soto Norte to 51%

    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.

     

     

    ARIS MINING TO INCREASE OWNERSHIP IN SOTO NORTE PROJECT TO 51% AND COMMENCES STUDY TO ASSESS NEW DEVELOPMENT PLAN

    .
    .
    .

    Aris Mining

     

     

    /

    Aris Mining TSX : ARIS
    Stage Production + Development
    Metals Gold
    Market cap C$867 m   @ $5.70
    Location Colombia, Guyana
    Website www.aris-mining.com

     

     

    .

     

    VANCOUVER, BC , May 23, 2024 /PRNewswire/ – Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces that it has entered into a binding agreement with MDC Industry Holding Company LLC (Mubadala), a wholly-owned subsidiary of the Abu Dhabi based investment company Mubadala Investment Company PJSC, whereby, subject to certain customary conditions, Aris Mining will acquire an additional 31% joint venture interest in the Soto Norte gold-copper project in Colombia (Soto Norte or PSN) and amend the current Joint Venture Agreement to account for this change in ownership.

    Soto Norte is one of the largest undeveloped underground gold projects in South America , set to employ modern and sustainable mining practices.

    • Acquisition of 51% of PSN and Share Exchange : Aris Mining will acquire an additional 31% joint venture interest in PSN from Mubadala, bringing its total ownership to 51%. In exchange, Aris Mining will issue 15,750,000 shares to Mubadala, representing an approximate 9.9% ownership stake based on Aris Mining’s issued and outstanding shares as of March 31, 2024 , with an additional 6,000,000 shares to be issued on receipt of an environmental license for PSN.
    • New, Smaller-Scale Development Plan: Aris Mining has completed optimization studies of a smaller, more efficient development plan for PSN. Key changes include reducing the environmental footprint, building a smaller processing plant with a longer operating life, adopting a flexible mining method to target higher-grade material earlier in the mine life, and installing a paste backfill plant to minimize surface tailings storage requirements.
    • Strategic and Operational Benefits: With a 51% controlling interest, Aris Mining will integrate the PSN development team into its management structure and procedures, enhancing operational efficiencies and creating synergies.

     

     

    .

    Aris Mining CEO Neil Woodyer stated:

     

    “As the only mining company with operational experience to own and operate Soto Norte, we believe a new, smaller-scale development plan with a reduced environmental footprint is the right path forward.

     

    “Aris Mining also plans to incorporate processing solutions for contract mining partners into the design and development of Soto Norte,  following the successful partnership model developed at our Segovia Operations in Colombia .

     

    “Based on the attractive results of our preliminary work, we are initiating a Pre-Feasibility Study (PFS) of the new development plan, which is expected to be complete by early 2025.

     

    In support of this plan, we are delighted to become the 51% controlling shareholder of the Soto Norte joint venture at closing, enabling Aris Mining to develop this very attractive project.”

     

    To read the full News Release, please click HERE

    .

    The live Spot gold price can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in Aris Mining.

    To read our full terms and conditions, please click HERE



    Cornish Metals Land Purchase at South Crofty

    Cornish Metals (TSX.V / AIM: CUSN)

    Announced that it has purchased approximately 7.7 acres of land located immediately adjacent to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom.  

     

     

    .

    Cornish Metals

     

     

    .

    Cornish Metals TSX.V / AIM: CUSN
    Stage Exploration
    Metals Tin, copper
    Market cap C$51 m   @ 9.5c
    Location Cornwall, United Kingdom
    Website www.cornishmetals.com

     

    CORNISH METALS INCREASES LAND OWNERSHIP AT SOUTH CROFTY TIN PROJECT
    Land Purchase Removes Reliance on Third Party Right-Of-Access Agreements
    .
    .
    Vancouver, May 21, 2024 Cornish Metals Inc.(AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), is pleased to announce that it has purchased approximately 7.7 acres of land located immediately adjacent to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom.
    .
    Ken Armstrong, Interim CEO and Director of Cornish Metals, stated:
    “The acquisition of this land parcel is of strategic importance to Cornish Metals, increasing the total land area owned by the Company to 28.5 acres (11.5 ha).
    .
    “The purchased land includes the location of the North Winder for New Cook’s Kitchen shaft, South Crofty’s main production shaft, as well as a large area adjacent to the proposed site of the project’s permitted processing plant.
    .

    “The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security.

    .

     

    “Importantly, the enlarged surface footprint for South Crofty now removes reliance on existing right-of-passage agreements and allows the Company complete control over the timing for refurbishment of the North Winder.”

    .

    ——-

     

    To read the full news release please click HERE

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in Cornish Metals

    .

     



    West Red Lake Gold Intersects 37.33 g/t Au over 2.79m

    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. 

     

     

    .

    West Red Lake Gold Mines

     

     

    .

    West Red Lake Gold Mines TSX.V : WRLG
    Stage Exploration / Development
    Metals Gold
    Market cap C$149 m   @ 66 cents
    Location Ontario, Canada
    Website www.westredlakegold.com

     

     

    .

     

    West Red Lake Gold Intersects 37.33 g/t Au over 2.79m and 5.26 g/t Au over 9.0m at North Austin Zone – Madsen Mine

     

    .

    .

    .

    West Red Lake Gold Mines Ltd.  (TSXV: WRLG)(OTCQB: WRLGF) (“West Red Lake Gold” or “WRLG” or the “Company”)  is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

    This round of drill results from the Madsen Mine were all drilled from underground on theNorth Austin Zone, which represents a new area of high-grade mineralization extending the current Madsen resource to the northeast. This program was designed to expand the North Austin zone down-plunge to the northeast.

    There are three main plunge lines (ore shoots) that the team is targeting at North Austin, and the results in this press release have demonstrated down-plunge continuity on the order of 30 meters (“m”) within at least one of these ore shoots.

    The North Austin Zone sits adjacent to existing underground development marking it as a high caliber, near-surface target that could potentially be developed early during future mine restart and production. The North Austin Zone remains open down-plunge and along strike to the northeast and will continue to be a priority expansion target as underground drilling continues.

    .

    .

    HIGHLIGHTS:

    • Hole MM24X-03-5127-010 Intersected 2.79m @ 37.33 grams per tonne gold (“g/t Au”), from 124.21m to 127m, Including 1.0m @ 88.06 g/t Au, from 125.21m to 126.21m.
    • Hole MM24X-03-5127-011 Intersected9.02m @ 5.26 g/t Au, from 53.06m to 62.08m, Including 0.88m @ 22.34 g/t Au, from 58m to 58.88m, also Including 0.5m @ 26.18 g/t Au, from 61.08m to 61.58m; And 2.54m @ 5.21 g/t Au, from 118.46m to 121m; Including 0.61m @ 16.60 g/t Au, from 118.96m to 119.57m.
    • Hole MM24X-03-5127-007 Intersected 1.57m @ 25.12 g/t Au, from 128m to 129.57m, Including1.0m @ 31.47 g/t Au, from 128m to 129m.
    • Hole MM24X-03-5127-001 Intersected 2m @ 9.5 g/t Au, from 72m to 74m, Including 1.0m @ 17.94 g/t Au, from 73m to 74m.

    .

    .

    .

    Shane Williams, President & CEO, stated,

    “It’s very encouraging to see the North Austin drilling beginning to deliver on expectations.

     

    “Defining new areas of mineralization outside of, but adjacent to, the known deposit will continue to be a priority at Madsen and further solidifies our strategy with continuing to de-risk the asset while also taking full advantage of high-grade, near-mine organic growth opportunities.”

    .

    ——-

     

    To read the full news release please click HERE

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in West Red Lake Gold Mines.

    .



    Neometals Final Stage of ELi™ Pilot Trial Commences

    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.

     

     

    .

    Neometals ELi process

    Neometals ELi process explained

     

    Neometals Final Stage of ELi™ Pilot Trial Commences

     

    Neometals Ltd (ASX: NMT & AIM: NMT) (“Neometals” or “the Company”), is pleased to announce the commencement of the final Electrolysis stage of a pilot test work
    program (“Electrolysis Pilot”) by Reed Advanced Materials Pty Ltd (“RAM”). RAM, the 70:30 Neometals incorporated joint venture, with Mineral Resources Ltd, is commercialising its proprietary ELi™ Process (“ELi™”).

    ELi™ uses electricity to convert lithium chloride solutions into lithium hydroxide monohydrate (“Primary Product”) in a conventional chlor-alkali cell, replacing large volumes of reagents required in the industry standard, chemical precipitation flowsheet. ELi™ has the potential to deliver users a step-change in operating costs.

    Highlights:

    • Final Electrolysis stage of ELi™ Process pilot trials has commenced in Canada at NESi, the testing facility of electrolyser vendor, NORAM;
    • The test work will electrolyse a purified lithium chloride solution from an operating South American brine source and produce lithium hydroxide as the primary product; and
    • The long-duration (1000hr) component of the trial will provide data confirming expected power consumption, membrane life and product quality to support ongoing technology licensing activities.

     

    .

    To read the full news release please click HERE

    .

    The live Spot gold price can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in Neometals.

    .

    To read our full terms and conditions, please click HERE



    Impact funded to complete Pre-Feasibility Study at Lake Hope

    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. 

     

     

    .

    Impact Minerals

     

     

    .

    Impact Minerals ASX: IPT
    Stage Exploration
    Metals Gold, Silver, PGM’s, zinc, copper
    Market cap A$63 m @ 0.022 c
    Location Queensland, NSW, Western Australia
    Website www.impactminerals.com.au

    .

    Impact funded to complete Pre–Feasibility Study at the Lake Hope High Purity Alumina Project, WA

     

    May 17, 2024

     

    Impact Minerals Limited (ASX:IPT) (Company) is pleased to advise that it has received firm commitments from sophisticated investors for a strategic placement (Placement) to raise A$3,000,000 (before costs) via the issue of 150,000,000 fully paid ordinary shares (Placement Shares) in the capital of the Company (Shares) at an issue price of A$0.02 per Placement Share.

    For every three Placement Shares subscribed for, one free–attaching option will be issued with an exercise price of $0.027 per option and an expirydate that is 15 months after the date of issue (Placement Options).

    Major shareholders strongly supported the placement, an endorsement of the Company’s future strategic plans.

     

    Highlights

    • Strategic A$3 million placement mostly supported by major shareholders to be issued under the Company’s existing available placement capacity under ASX Listing Rule 7.1.• In addition, funds being received from exercise of listed options (IPTOB) into shares.• Anticipated Research and Development Rebate of $395,000 due shortly.

     

     

     

    .

    Impact Minerals’ Managing Director Dr Mike Jones, said,

     

    “We are now very well–funded to complete the Pre–Feasibility Study on our unique Lake Hope High Purity Alumina Project located here in Western Australia by the end of this year.

    “We have deliberately placed most of the shares to our major shareholders which is a strong endorsement of our plan to move forward as quickly as possible with LakeHope and we thank them for their support.

    “We would also like to thank those new shareholders who have recently exercised our listed IPTOB 2 cent per share options I would like to encourage other holders of IPTOB to consider doing the same before the expiry date of June 2nd.

    “As well as the Lake Hope project we will also be able to progress our Arkun battery and strategic metals project for which we recently received up to $180,000 in co–funding from the WA Governments Exploration Incentive Scheme for drilling of our exciting Caligula copper target”

    .

    To read the full news release please click HERE

    .

    The live Spot gold price can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds no shares in Impact Minerals.

    .

    Happy birthday mum

    To read our full terms and conditions, please click HERE



    Gold Road Rises on Potential Bid Target Rumours

    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.

     

    .

    Gold Road Resources

    Gold Road – Gruyere JV Gold Mine at night.

     

     

    .

     

    Gold Road ASX : GOR
    Stage Production   (50% JV)
    Metals Gold
    Market cap A$1.81 Billion   @ A$1.67
    Location Laverton, Western Australia
    Website www.goldroad.com.au

     

     

    .

    Gold Road Rises on Potential Bid Target Rumours

     

    Gold Road Resources (ASX: GOR) has become the subject of speculation in the Australian media, where The Australian is suggesting that it may have appointed a capital advisor, possibly Macquarie Capital, as a defence advisor, to defend a possible bid for the company.

    The share price rose over 5% in trading on the ASX on Monday as investors reacted to the speculation.

    Given the success of Gold Road’s JV with Gold Fields at Gruyere, their significant cash holding, plus a 17% shareholding in De Grey Mining, and another in IGO, it is not a surprise to me that it may be a potential bid target. The only surprise for me is that it has not happened before.

    The most obvious suitor would be, in my opinion, Gold Fields themselves, as it would give them 100% ownership of Gruyere, plus the large exploration package surrounding the mine currently owned 100% by Gold Road.

    There could of course be others enviously looking at the attractive package of cash in the bank, the free cashflow being generated from Gruyere, plus the value of their shareholdings in De Grey and IGO.

    Interestingly Gold Road was involved in a bid to purchase 40% of the Greenstone Mine in Canada very recently, and one wonders whether that may have been an attempt to deter a bid for themselves?

     

    ——-

     

    There is clearly a lag between the rising price of gold and the value of the gold producers themselves, which seems to have given some urgency to companies in a position to make opportunistic bids before the gold producers’ valuations start to catch up.

    The rumours regarding a potential bid for Gold Road seem to fall into that category, in my opinion.

    The next few weeks may be interesting.

    .

    ——-

     

    The live Spot gold price can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in Gold Road Resources.

    .

    To read our full terms and conditions, please click HERE

     



    Orla Mining Reports First Quarter 2024 Results

    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.

     

     

    .

    Orla Mining

     

     

    .

    Orla Mining TSX : OLA
    Stage Development
    Metals Gold
    Market cap C$1.84 billion   @ C$5.95
    Location Zacatecas, Mexico + Nevada + Panama
    Website www.orlamining.com

     

     

    .

    Orla Mining Reports First Quarter 2024 Results

     

    Vancouver, BC – May 14, 2024 –Orla Mining Ltd.(TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) today announces the results for the first quarter ended March 31, 2024.

    (All amounts expressed in U.S. dollars unless otherwise stated)

    First Quarter 2024 Highlights

    • First quarter gold production was 33,223 ounces and gold sold was 32,046 ounces (pre-released).
    • All-in sustaining costs (“AISC”)¹ was $909 per ounce of gold sold during the first quarter 2024.
    • Adjusted earnings1 for the first quarter were $16.8 million or $0.05 per share.
    • Net income for the first quarter was $17.5 million or $0.06 per share.
    • Cash flow from operating activities before changes in non-cash working capital during the first quarter was $21.7 million.
    • Exploration and project expenditure was $8.6 million during the quarter, of which $3.9 million was capitalized and $4.7 million was expensed.
    • As at March 31, 2024, Orla’s cash balance was $118.1 million and net cash1 was $29.7 million.
    • Subsequent to quarter end, the Company made a $10.0 million re-payment towards its revolving credit facility reducing the outstanding balance drawn to $78.4 million.

    .

    .

    .

    Jason Simpson, President and Chief Executive Officer of Orla stated;

    “We continue to strive to be a gold mining company of choice that effectively finds, builds, and operates high quality gold mines.

    “In keeping with these objectives, we started 2024 with continued strong gold production at Camino Rojo generating meaningful cash flow, we enhanced our landholdings in Nevada with the acquisition of Contact Gold, and our exploration program in Mexico is progressing as planned and returning exciting results.”

     

    .

    To read the full news release, please click HERE

    .

    The live Spot gold price can be found HERE

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds  shares in Orla Mining.

    .

    To read our full terms and conditions, please click HERE



    Mining Review 19th May 2024

    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.

     

     

    .

    CAlibre Mining

    Calibre Mining – El Limon Mine, Nicaragua

     

     

    .

    City Investors Circle Mining Review 19th May 2024

    Gold recorded its highest ever (nominal) price this week, $2,413!  This needs to be compared to the inflation adjusted record price for gold, which is equal to over US$3,300, so we still have a way to go to reach that high point.

    Silver also shot up, outpacing gold in percentage terms, and closed at $31.46.

    The gold silver ratio fell over 8% during the week.

    Base metals are also strongly up with a “copper squeeze” taking place at the NY Comex, forcing traders to desperately look for scarce physical supply for delivery, forcing the price higher.

    The disconnect or “gap” between the London LME copper price and the Comex price was over $1,000 earlier this week, and is still around half that, which is without precedent.

    The price of manganese is soaring, up around 25% last week, after a rail incident in Gabon temporaily prevented exports from their port, and a cyclone incident in Australia preventing exports at the same time.

    ——-

    Cornish Metals’ share price was pummelled, forcing a “ we know of no reason” RNS from the company which hardly helped in the UK, but did in Canada after the UK closed, trading over 28 million shares, or around C$2.8 million in a single trading day! Normal daily volumes are a fraction of that.

    I strongly suspect that there is some bad news lurking somewhere, or the company are trying to raise funds, and the book building has not gone well.

    Having announced they know of no reason, management cannot now release bad news straight away of course, but there is clearly a reason why the stock has sold off so dramatically in recent days. I suspect the market will remain spooked until the reason for the fall becomes apparent.

    I still wonder about the reason for the sudden resignation of CEO Richard Williams in March?

    ——-

    Looking at the news generated from our watchlist this week, it was mainly Q1 reporting, but the main story was that West Red Lake Gold Mines had to clarify they have resources and not reserves at Madsen, a very embarrassing thing to have to admit.

    The price, recently over C$1, is now back in the mid 60 cent range, and you wonder how much confidence has been lost in management? I still haven’t bought despite intending to, as I don’t like chasing a share price, and I’m relieved I didn’t now!

    This was on the back of the Red Pine scandal where the former CEO has been accused of “manipulating drill results before updating the company database“, see HERE.

    This is similar to Bre-X, and I’m shocked this can still occur after all the checks that were supposed to be in place post that scandal. Surely the geologists should also have received the results and scrutinised them at the same time as the CEO?

    I’m surprised this has not attracted more media attention, I guess the exchange doesn’t want this destrying confidence in the market and 43-101 process.

     

    All news from our watchlist companies is below, click on the links to read the full story.

      Aris Mining Reported Q1 2024 Results, $13.8 M Cash Flow

      Cornish Metals’ Response To Share Price Movement

      Calibre Mining Reported Strong Progress At Valentine

      I-80 Gold Reported Q1 2024 Operating Results

      Karora Reported Record Revenue and Strong Cashflow in Q1

      West Red Lake Gold Clarified Madsen Has Resources, not Reserves

      Mining Review 12th May 2024

    .

    ——-

    Market Data

    Weekly price changes

    (US$ unless stated)

    .

    Metal Prices Price Weekly 5 change
    Gold price in UK £ 1902 0.79%
    Gold 2415 2.33%
    Silver 31.46 11.56%
    Palladium 1013 1.81%
    Platinum 1092 10.30%
    Rhodium 4700 -0.53%
    Copper 4.68 -0.85%
    Nickel 8.77 4.40%
    Zinc 1.33 2.31%
    Tin 15.25 3.18%
    Cobalt 12.45 3.75%
    Manganese 5.38 22.27%
    Lithium 14322 -3.76%
    Uranium 90.7 -2.84%
    Iron Ore 116.4 -0.51%
    Coking Coal 326 0.00%
    Thermal coal 141 -1.40%
    Metal ETFs
    GLD 223.6 2.24%
    GDX 36.87 4.60%
    GDXJ 46.35 6.70%
    Sil 35.23 6.82%
    SILJ 12.74 7.33%
    GOEX  (PCX) 30.46 6.73%
    URA 32.65 4.58%
    COPX 51.67 7.69%
    HUI 286.85 4.93%
    Gold / Silver ratio 76.76 -8.27%

     

    .

    Click HERE for live Spot Metal Prices 

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    .

    To read our full terms and conditions, please click HERE