Wesdome Gold Mines (TSX: WDO)

Wesdome and Angus Gold Inc. (TSX-V: GUS announced the successful acquisition by Wesdome of all of the issued and outstanding common shares of Angus not already owned by Wesdome pursuant to a plan of arrangement

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Wesdome Gold Mines Completes Acquisition of Angus Gold

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Anthea Bath, President and Chief Executive Officer said;

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AIC Mines (ASX:  A1M)

Advised that the Eloise Copper Mine has exceeded its FY25 Production Guidance of 12,500t of copper and 5,000oz of gold in concentrate.

AIC was targeting full year FY25 production from Eloise of approximately
12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.25/lb
Cu and AIC of A$5.50/lb Cu.

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Eloise Copper Mill – Credits AIC Mines

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AIC Mines FY25 Production Guidance Achieved at Eloise Copper Mine

AIC Mines Limited (“AIC Mines” or “the Company”) (ASX: A1M) is pleased to advise
that the Eloise Copper Mine has exceeded its FY25 Production Guidance of 12,500t
of copper and 5,000oz of gold in concentrate.
• AIC Mines was targeting full year FY25 production from Eloise of approximately
12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.25/lb
Cu and AIC of A$5.50/lb Cu1
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• AIC Mines can confirm that Eloise has exceeded its FY25 copper and gold
production guidance, having produced 12,863t of copper and 5,955oz of gold in
concentrate.
• This achievement represents the second year and eighth quarter in a row that
Eloise has achieved production guidance.
• Since acquiring Eloise in November 2021, one of AIC Mines’ key focus areas at
Eloise has been to improve operational reliability through:
• Investment in the mining fleet and mine ventilation to maintain productivity
and improve efficiency;
• Discovery and development of additional ore sources; and
• Developing the operational leadership team and reducing employee
turnover.
• Full results for the June 2025 Quarter are expected to be reported in the week
commencing 21 July 2025.

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AIC Mines’ Managing Director Aaron Colleran said:

“This is an excellent outcome and testament to the energy and ability of the team at Eloise and the capital investment made by AIC Mines since acquiring the mine in November 2021.”

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ABOUT AIC MINES

AIC is a growth focused Australian resources company.

Its strategy is to build a portfolio of gold and copper assets in Australia through exploration, development and acquisition.

AIC owns the Eloise Copper Mine, a high-grade operating underground mine
located SE of Cloncurry in North Queensland.

The company is also advancing a portfolio of exploration projects that are prospective for copper and gold.

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To read the full news release please click HERE

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.To View AIC Mines’ historical news, please click here

The live gold price can be found HERE

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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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 AIC Mines.

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New Murchison Gold (ASX: NMG)

Announced additional high-grade gold intercepts from reverse circulation (RC) grade control drilling beneath the cap rock zone at the Crown Prince Gold Project at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia.

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Crown Prince drilling – Courtesy of New Murchison Gold

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NEW MURCHISON GOLD ADDITIONAL HIGH-GRADE GOLD FROM THE REMAINING GRADE CONTROL DRILLING AT CROWN PRINCE GOLD PROJECT

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New Murchison Gold Limited (ASX:NMG) (“NMG” or the “Company”) is pleased to announce additional high-grade gold intercepts from reverse circulation (RC) grade control drilling beneath the cap rock zone at the Crown Prince Gold Project (“Crown Prince”) (M51/886) at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia.

Crown Prince is a high-grade gold deposit within NMG’s Garden Gully Project located 22 kilometres northwest of Meekatharra in Western Australia via the Great Northern Highway and the Mt Clere Road (Figure 1).

The drilling was designed over the Crown Prince pit design area to a maximum depth of 83m and drilled northerly over the Main Zone and north-westerly over the South-Eastern Zone (SEB). 

HIGHLIGHTS

High-grade gold assays in this announcement are mostly from the north-western part of the designed pit overthe Main and Northern ore bodies (MOB and NOB) and sporadic parts of the South-Eastern Zone (SEB) which were rescheduled in the drilling campaign due to difficult access and ground conditions at the time.

Significant intersections include:
• 7m at 8.55g/t Au from 34m, including 1m at 40.68g/t Au from 37m in GC00500 from 31m
• 26m at 3.67g/t Au from 23m, including 2m at 42.3g/t Au from 46m in GC00511
• 20m at 15.09g/t Au from 42m, including 4m at 47.08g/t Au from 53m in GC00519
• 7m at 17.64g/t Au from 35m, including 2m at 48.65g/t Au from 39m in GC00524
• 8m at 12.89g/t Au from 45m, including 3m at 31.2g/t Au from 45m in GC00525

Assay results greater than 1g/t Au are included in Appendix 1. Pleasingly, this grade control drilling supports the continuity of the mineralised structures at Crown Prince and replicates the grades returned previously from resource drilling.

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Alex Passmore, NMG’s CEO, commented:

“We are pleased to finalise the grade control program over the 0 to 50m vertical depth over Crown Prince ahead of mining. Resource and grade control models are being updated.

 

“The grades reported demonstrate a strong finish to the program with better-than-expected results at MOB and NOB. Overall, the grade control program has indicated that there may be an out performance above base case forecast when mining is undertaken.”

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To read the full news release please click HERE

.

.To View New Murchison Gold’s historical news, please click here

The live gold price can be found HERE

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 New Murchison Gold.

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Horizon Minerals (ASX: HRZ)

Announced the commencement of drilling at the high grade Burbanks project, located approximately 9km to the south of Coolgardie in the heart of the Western Australian Goldfields.

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Horizon Minerals Drilling Underway at Burbanks

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Horizon Minerals Limited (ASX: HRZ) (“Horizon” or the “Company”) is pleased to announce the commencement of drilling at the high grade Burbanks project, located approximately 9km to the south of Coolgardie in the heart of the Western Australian Goldfields.

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HIGHLIGHTS

• Extensional and infill drilling has commenced at the high-grade Burbanks gold project, 9km south of Coolgardie in the Western Australian Goldfields
• Two phase RC and diamond drill programs for 30,000m planned:
o Phase 1 comprises ~15,000m of infill drilling to enhance resource continuity and
confidence with results expected in the September 2025 quarter
o Phase 2 comprises ~15,000m of extensional drilling, targeting along strike and down
dip of known high grade lodes
• Underground mining at Burbanks historically produced 324koz @ 22.7g/t Au
• The historical production is in addition to the existing JORC (2012) Mineral Resource of:
o 6.1Mt grading 2.4g/t Au for 466koz 1
• Infill and extension drilling in late 2023 intercepted significant mineralisation immediately down dip of historical high-grade intercepts with results including: 2
o 0.3m @ 45.40g/t Au from 428.1m (BBRC437D)
o 7.0m @ 5.51g/t Au from 130.0m (BBRC437D)
o 1.55m @ 20.43g/t Au from 301.0m (BBRC463D)
o 2.0m @ 11.79g/t Au from 425.0m (BBRC463D)
• Burbanks is expected to make a meaningful long-term contribution of high-grade ore feed to a refurbished Black Swan processing plant in the future
• The Black Swan PFS is scheduled for completion in the December quarter 2025

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 Managing Director and CEO Mr Grant Haywood commented,

“Past drilling at Burbanks has demonstrated the growth potential of this high-grade mineralised system both along strike and at depth.

 

“Our first phase of drilling will focus on transitioning more of the existing resource into the higher confidence JORC Indicated category to enable future conversion to an Ore Reserve and to progress this cornerstone asset towards being development ready.

 

“The second phase will then seek to deliver on the extensional potential seen in earlier drilling. 

“As part of our strategy to become a standalone gold producer, we’re undertaking a Pre-Feasibility Study to generate a five-year life of mine plan to feed our Black Swan processing facility, with Burbanks one of the key sources of high-grade mill feed for the plant.

 

“Refurbishment studies for Black Swan are being undertaken concurrently with the aim of first gold pour by the end of 2026.”

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To read the full news release please click HERE

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The live gold price can be found HERE

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 Horizon Minerals.

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Wesdome Gold Mines Kiena Mine, Quebec – Courtesy of Wesdome Gold Mines

Wesdome Provides Kiena Exploration Update; Reports High-Grade Mineralization Including 2,349.9 g/t Gold (Uncut) Over 2.9 Metres (Core Length)

Capricorn Metals (ASX: CMM)

Has extended the Karlawinda Gold Project (KGP) mining contract with MACA Ltd (MACA) for a further five-year term, with a Capricorn option for further extension.

The contract extension confirms the existing unit rate pricing and includes the
larger mining fleet.

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Capricorn Metals projects location map – Credits Capricorn Metals

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CAPRICORN METALS MINING CONTRACT AWARDS UNDERPIN FUTURE OF BOTH KARLAWINDA AND MT GIBSON PROJECTS

• Capricorn Metals (ASX:CMM) (Capricorn or the Company) has extended the Karlawinda Gold Project (KGP) mining contract with MACA Ltd (MACA) for a further five-year term, with a Capricorn option for further extension.
• The contract extension confirms the existing unit rate pricing and includes the
larger mining fleet required to deliver the increased mining volumes to service the
6.5mtpa, 150,000 ounce pa gold production Karlawinda Expansion Project (KEP).
• MACA has already mobilised the expanded mining fleet and mining volumes have
increased in recent months to complete the early stripping required to service the
enduring ore feed rates of the KEP.
• Capricorn has also selected MACA as the preferred mining contractor for the
Mt Gibson Gold Project (MGGP). This follows a competitive tender process and
further progress on regulatory approvals. Pleasingly the unit cost rates in MACA’s
winning bid strongly validate Capricorn’s reserve model costing for the project.
• The preferred contractor selection locks in the tender pricing subject to usual rise
and fall variation but does not place any obligation (financial or otherwise) on
Capricorn until such time as regulatory permitting of the project is finalised.
• The preferred contractor selection will enable MACA to achieve rapid mobilisation
when Capricorn is in a position to proceed with project development, derisking
equipment lead times and service delivery.
• MACA is a subsidiary of global mining services provider Thiess and is a wellestablished mining contractor with significant experience and a proven track record in the Australian gold industry. 

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To read the full report please click HERE

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 Capricorn Metals

.

To read our full terms and conditions, please click HERE

West Red Lake Gold Mines (TSX.V: WRLG) 

Updated on ramp-up operations at the Madsen Mine in Red Lake, Ontario.

Following the fatal incident at site on the morning of June 16th, the mine and mill were both shut down. The mill restarted after approximately 40 hours. The mine restarted 12 hours after the mill, ramping up within to full operations based on personnel availability and within a safety-first structure.

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Madsen Mill – Courtesy of West Red Lake Gold Mines

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Equinox Gold (TSX: EQX)

Calibre Mining has officially delisted from the TSX as its acquisition by Equinox Gold has completed.

The new combined entity will become a major gold producer when they open the two new gold mines in construction.

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The Equinox Gold and Calibre Merger is Complete!

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Equinox Gold to become the second largest gold producer in Canada

Westgold (ASX / TSX: WGX)

Announced a maiden Mineral Resource for the Fletcher Zone of 2.3 million ounces of gold.

This doubles the current resource at Beta Hunt, declared in 2024.

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Beta Hunt Mine at night – Credits Westgold

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Westgold Announce Fletcher Zone Maiden Mineral Resource of 2.3Moz

Stage 1 Fletcher Resource almost doubles the current Beta Hunt Resource

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Perth, Western Australia, 23 June 2025: Westgold Resources Limited (ASX | TSX: WGX – Westgold or the Company) is pleased to announce its maiden Mineral Resource Estimate (MRE) for the Fletcher Zone at the Beta Hunt mine in the Southern Goldfields of Western Australia.

Stage 1 drilling only tested 1 kilometre of the 2 kilometres of known strike of the Fletcher Zone, with a Stage 2 programme now being planned to test strike and depth extensions.

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Highlights

Maiden MRE for Fletcher Zone of 31Mt @ 2.3g/t Au for 2.3Moz Au Inclusion of Stage 1 Fletcher MRE effectively doubles the September 2024 Beta Hunt Mineral Resource.

Stage 1 Fletcher Zone mineralisation extends over a zone up to 500m in width – and 2 km in strike length with a vertical extent in excess of 800m Significant opportunity for resource extensions
 MRE drilling tested Stage 1 – the first 1km of the known 2km strike of Fletcher
 Stage 1 Mineral Resource remains open at depth
Stage 1 Mineral Resource conversion drilling commenced at Fletcher – targeting a maiden Ore Reserve in FY26

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Westgold Managing Director and CEO Wayne Bramwell commented:

“Westgold is rapidly unlocking the value we identified at Beta Hunt.

 

“This is a circa 7km long, multi-lode mineralised system that is under-drilled and the Company has delivered a maiden Mineral Resource of 2.3Moz from the Fletcher Zone, from just 1km of Fletcher’s apparent strike.

“This result points to the growth potential of Beta Hunt, and while this is a material milestone for Westgold, it is simply the first step on what is likely to be a multi-decade journey for Fletcher in an expanded Beta Hunt mine plan.

 

“Critically, mine life at Beta Hunt today exceeds ten years without any contribution from Fletcher.

 

“Mine outputs are lifting from the existing Western Flanks and A Zone mining areas and this improvement provides scope to evaluate the optimum mining and processing strategy for Fletcher, as it represents a transformational opportunity to further expand the scale of Beta Hunt outputs.

 

“Our drill teams are not slowing down. They have commenced drilling to upgrade the current Stage 1 Mineral Resource, targeting a maiden Ore Reserve during FY26 and in addition, are preparing to commence testing the northern ~1km extension of Fletcher in the Stage 2 programme.” 

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To read the full news release please click HERE

.

.To View Westgold’s historical news, please click here

The live gold price can be found HERE

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 Westgold.

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Meeka Metals (ASX: MEK)

Published a new corporate presentation “accelerating production, adding ounces“, updated after the recent A$60 million capital raise.

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Meeka Metals drill site – Credits Meeka Metals

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Meeka Metals (ASX: MEK)

Published a new corporate presentation updated after the recent A$60 million capital raise.

To view the presentation please click here

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To read the full news release, please click HERE

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 Meeka Metals. 

.

To read our full terms and conditions, please click HERE

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Catalyst Metals (ASX: CYL)

Reported drilling results at the Trident Gold Project, located on the Plutonic Gold Belt.

The Trident gold project is an undeveloped gold deposit within the Plutonic Belt; it lies
30km north-east of the underutilised Plutonic processing plant.

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Catalyst Metals Reports Positive Trident Drill Results

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Trident infill drilling results continue as expected while development gets
underway

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Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report drilling results at the Trident Gold Project, located on the Plutonic Gold Belt.

Highlights

• The Trident gold project is an undeveloped gold deposit within the Plutonic Belt; it lies
30km north-east of the underutilised Plutonic processing plant
• Earlier this year, Catalyst received final approvals to commence developing Trident.
These works, and early expenditure requirements, have now commenced
• The deposit has an underground gold Resource and Reserve of 508koz @ 3.7 g/t (2023) and 182koz @ 4.7 g/t (2024);

Catalyst’s stated intention to expand these through various drilling programs
• Beginning earlier this year in February, and in anticipation of its development, Catalyst
began ramping up exploration spending at Trident; this expenditure has only continued
to increase during the quarter
• This set of infill drilling results from Trident is the second set of results, with the first
being released in late March; these results confirm the mineralisation is as expected
within the Resource
• 41 holes were drilled from surface targeting the inferred Resource lying at vertical
depths ranging from 200m to 350m from surface. These results suggest the potential to
convert inferred Resources to indicated category
• A further 10 holes were drilled targeting areas outside the Resource. Results of these
holes will be released once received
• Drill results of note received to date are as follows:
o 7.0m @ 15.5g/t o 11.0m @ 4.6g/t o 6.0m @ 10.5g/t
o 4.2m @ 19.9g/t o 7.0m @ 5.8g/t o 3.5m @ 16.8g/t
o 5.0m @ 15.9g/t o 5.0m @ 6.6g/t o 12.0m @ 2.3g/t
o 14.5m @ 4.9g/t o 4.9m @ 5.9g/t o 4.0m @ 6.8g/t
o 3.0m @ 22.1g/t o 2.0m @ 10.8g/t o 3.0m @ 6.3g/t

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Catalyst’s MD & CEO, James Champion de Crespigny, commented:

“These results are as expected. 

 

“Their purpose was to grow the Reserve base. Hence, these holes are infill drilling inferred Resources with the intent of converting them to indicated.

 

“Further programs are underway to convert more inferred Resources to indicated while also attempting to expand the Resource base itself.

 

“It is pleasing to have another project development underway.

 

“With Plutonic East’s ramp up underway, K2 development progressing and now Trident underway, there is a heightened amount of activity and expenditure occurring across Plutonic.”

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To read the full news release please click HERE

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

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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 Catalyst Metals. 

.

To read our full terms and conditions, please click HERE

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Lake Hope drilling – Credits Impact Minerals

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Barton Gold  (ASX:BGD)

Confirmed that expanded RC drilling has completed at its recent ‘Tolmer’ high grade silver discovery, located at the Company’s South Australian Tarcoola Gold Project.

A total of 2,882m RC drilling was completed.

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Photo courtesy of Barton Gold

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Barton Gold Announce the Completion of Tolmer High Grade Silver Zone Drilling

Planning underway for expedited follow-up RC and diamond programs

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Barton Gold Holdings Limited (ASX:BGD, FRA:BGD3, OTCQB:BGDFF) (Barton or Company) is pleased to confirm that expanded RC drilling has completed at its recent ‘Tolmer’ high grade silver discovery, located at the Company’s South Australian Tarcoola Gold Project (Tarcoola).

A total of 2,882m RC drilling was completed across 21 completed holes to an average depth of 137m. Samples are planned to depart site during the coming week, with the first multi-element assay results expected toward the end of July.

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HIGHLIGHTS

• 2,882m reverse circulation (RC) drilling completed at Tolmer high-grade silver discovery;
recent expansion from 13 to 21 holes based upon early drilling program observations1
• Program expanded in all directions with two additional lines to north and south

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Barton Managing Director Alexander Scanlon commented 

“We look forward to sharing the assay results for this latest round of Tolmer drilling.

 

“The western ‘silver zone’ is an exciting target, and we are already planning near-term follow up diamond and RC drilling programs.

 

“My thanks to the excellent Barton team, and our drilling partners, for the safe execution of this extended program.”

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To read the full news release please click HERE

.

.To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

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.

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.

.

West Red Lake Gold Mines (TSX.V: WRLG)

 Deeply regrets that early this morning, June 16^th, 2025, an employee working underground was fatally injured at the Madsen Mine in Red Lake, Ontario.

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Comment

This is very sad, and our prayers and thoughts go out to the family of the employee concerned.

I trust the company will investigate the cause thoroughly and that it was not negligent in any way.

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To read the full news release, please click HERE

AIC Mines (ASX: A1M)

Announced new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.

Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept, 5.5m (4.1m ETW) grading 2.4% Cu from 696m.

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Eloise Copper Mill – Credits AIC Mines

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AIC Mines High-grade depth extension at the Jericho Copper Deposit

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ASX ANNOUNCEMENT
12 June 2025

AIC Mines Limited (ASX: A1M) (“AIC Mines” or the “Company”) is pleased to
announce new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.

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Highlights

• Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept:
• JEDD074 – 5.5m (4.1m ETW) grading 2.4% Cu from 696m
• The result confirms that high-grade mineralisation continues at depth several hundred metres below the current Inferred Resources.
• Resource infill drilling at the Matilda and Matilda North shoots intersected the
following significant results:
• JEDD074 – 15.2m (11.4m ETW) grading 1.0% Cu from 422.8m
• JEDD075 – 10.0m (7.5m ETW) grading 1.4% Cu from 255m
• JEDD076 – 12.0m (9.0m ETW) grading 1.9% Cu from 137m, including
• 4.0m (3.0m ETW) grading 4.1% Cu from 145m
• JEDD077 – 7.0m (5.3m ETW) grading 1.2% Cu from 313m.

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Commenting on the results, AIC Mines’ Managing Director Aaron Colleran said:

“Intersecting high-grade mineralisation in a 380m step-out hole beneath the current resource is testament to the calibre of the Jericho deposit, and to the AIC Mines exploration team who have rapidly developed a comprehensive understanding of the controls on mineralisation.”

Jericho Copper Deposit

The Jericho copper deposit is located 4 kilometres south of the Eloise copper mine and processing plant.

Mineralisation at Jericho is defined over a strike length of 5 kilometres and remains open to the north and south. It commences at approximately 50m below surface and extends to a vertical depth of 650m below surface – the current limit of drilling.

Mineralisation occurs predominantly in two parallel lenses, J1 and J2, with higher grade shoots within these lenses, such as Jumbuck, Matilda and Billabong.

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ABOUT AIC MINES

AIC Mines is a growth focused Australian resources company.

Its strategy is to build a portfolio of gold and copper assets in Australia through exploration, development and acquisition.

AIC Mines owns the Eloise copper mine, a high-grade operating underground mine
located SE of Cloncurry in North Queensland.

AIC Mines is also advancing a portfolio of exploration projects that are prospective for copper and gold.

CAPITAL STRUCTURE
Shares on Issue: 575,682,640
BOARD MEMBERS
Josef El-Raghy   –   Non-Executive Chairman
Aaron Colleran   –   Managing Director & CEO

CORPORATE DETAILS
ASX: A1M
www.aicmines.com.au

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To read the full news release, please click HERE

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 AIC Mines. 

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To read our full terms and conditions, please click HERE

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AIC Mines (ASX: A1M)

We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.

AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt.

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Eloise Copper Mill – Credits AIC Mines

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City Investors Circle Initiating Coverage of AIC Mines

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AIC Mines (ASX: A1M)

We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.

AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt.

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ABOUT AIC MINES

AIC Mines is a growth focused Australian resources company.

Its strategy is to build a portfolio of gold and copper assets in Australia through exploration, development and acquisition.

AIC owns the Eloise copper mine, a high-grade operating underground mine
located SE of Cloncurry in North Queensland.

AIC Mines is also advancing a portfolio of exploration projects that are prospective for copper and gold.

CAPITAL STRUCTURE
Shares on Issue: 575,682,640
BOARD MEMBERS
Josef El-Raghy   –   Non-Executive Chairman
Aaron Colleran   –   Managing Director & CEO

CORPORATE DETAILS
ASX: A1M
www.aicmines.com.au

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AIC project location map – Credits AIC Mines

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To View AIC Mines’ historical news, please click here

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 AIC Mines. 

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To read our full terms and conditions, please click HERE

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Meeka Metals (ASX: MEK)

Updated the market and confirmed that ore is being fed into the process plant and commissioning is underway at the Murchison Gold Project.

The first gold pour is due in June 2025.

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Meeka Metals Process Plant Commissioning Underway at the Murchison

Meeka Metals (ASX: MEK) updated the market and confirmed that ore is being fed into the process plant and commissioning is underway at the Murchison Gold Project.

The first gold pour is due in June 2025.

Highlights

Ore is being fed into the processing plant and commissioning is underway at
the Murchison Gold Project (“Murchison”).
• The commissioning team is on site and working with the construction and
processing teams to commission the processing plant.
• Dry commissioning (system and equipment testing) has progressed
successfully and ore is now being fed into the plant.
• Wet commissioning (full operational commissioning) is underway with the
first gold pour from gravity gold planned for June 2025.
• First gold sales and cash flow in early July 2025.

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Commenting on this milestone, Meeka’s MD Tim Davidson said:

“With commissioning of processing in June 2025, we achieve an important milestone for the Murchison as we transition from developer to producer status. 

 

“It rounds out a period of consistent delivery against our development timeline and reflects our focussed actions to bring the project online.

 

“We are now focussed on maximising the expanded open pit mining opportunity following the success we are having with the drill bit.

 

“Additionally, first ore is expected from our first underground mine at Andy Well in the September 2025 quarter.”

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To read the full news release, please click HERE

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 Meeka Metals. 

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To read our full terms and conditions, please click HERE

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Capricorn Metals (ASX: CMM)

Advised that it has closed its final remaining gold hedging instrument, a 16,700-ounce call option maturing on 30 June 2025 with a strike price of $2,260 per ounce, resulting in the Company being fully unhedged.

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Capricorn Metals Karlawinda Mine – Credit Capricorn Metals

CAPRICORN NOW A FULLY UNHEDGED GOLD PRODUCER

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Capricorn Metals Limited (ASX: CMM) (Capricorn or the Company) is pleased to advise that it has closed its final remaining gold hedging instrument, a 16,700-ounce call option maturing on 30 June 2025 with a strike price of $2,260 per ounce, resulting in the Company being fully unhedged.

In conjunction with the closure and to mitigate the downside gold price risk, Capricorn also purchased gold put options as follows:
Gold Put Options Purchased
Maturity Structure Volume
(Ounces)          Price             (A$/oz)
30-Sep-2025    Put 5,000       5,000
31-Dec-2025    Put 5,000       5,000
31-Mar-2026    Put 5,000       5,000

The purchased put options give Capricorn the right (but not the obligation) to sell the ounces at a price of A$5,000 per ounce.

This allows Capricorn full participation if the gold price is higher than the strike price on the date of maturity of each put option.

The cost of the closure and purchase of put options (at a spot price of $5,072 per ounce) was $50.0 million, paid out of Capricorn’s cash and bullion holdings of $404.6 million (31 March 2025).

With the Company now fully unhedged and generating strong operating cash flows at the Karlawinda Gold Project, Capricorn is well positioned to fund the development of both the Karlawinda Expansion Project and the Mt Gibson Gold Project with no further debt or mandatory gold hedging expected to be required.

The closure of the final hedging obligation follows the previous closure of gold forward contracts of 158,000 ounces over the last two years. To date, this proactive strategy has delivered approximately $52 million in revenue enhancements (after closure costs), as Capricorn increased its exposure to the prevailing gold price.

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To read the full report please click HERE

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.

.

Disclosure

At the time of writing the author holds shares in Capricorn Metals

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To read our full terms and conditions, please click HERE

Orla Mining (TSX: OLA)

VANCOUVER – Mine workers from Mexico, joined by United Steelworkers (USW) union members, will demonstrate Tuesday outside the Vancouver offices of Orla Mining to protest violence and intimidation against workers at Orla’s Camino Rojo mine in Mexico.

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Comment

This doesn’t read very well, as a shareholder I always want the company I’m invested in to treat their workers properly.

It does look like a battle between two unions for control, and officers of both have vested interests of course, but what we don’t know is whether or not the union at the mine is causing unneccesary issues to Orla by abusing their position.

Unless we hear both sides we simply cannot take an informed view, so until then I trust Orla management to treat their workers correctly.

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Ora Banda Mining (ASX: OBM)

Povided an update on its continued exploration success at its high-grade Riverina Gold Camp, Waihi and Little Gem prospect.

Infill drilling between 500 to 1,000 metres below surface returns numerous highgrade intersections (>20 gram-metres) delivering at a very high hit ratio.

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Ora Banda Minesite – Credits Ora Banda Mining

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ORA BANDA MINING STRONG NEW DRILL RESULTS AT RIVERINA, WAIHI & LITTLE GEM

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Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “Company”) is pleased to provide an update on its continued exploration success at its high-grade Riverina Gold Camp, Waihi and Little Gem prospect.

Highlights:

Riverina Deeps
Recent deep drilling at Riverina has confirmed a robust and continuous mineralised system expanding to 1,000 vertical metres, highlighting strong mineralised continuity and significant potential for future mine life extensions.

Riverina Deeps – Exploration
• Infill drilling between 500 to 1,000 metres below surface returns numerous highgrade intersections (>20 gram-metres) delivering at a very high hit ratio
• Mineralised system continues strongly at depth with the Company continuing to
work towards an updated Mineral Resource Estimate (MRE)
• Significant results include:
o 1.7m @ 76.4 g/t Inc. 1.0m @ 129.5 g/t o 4.7m @ 12.5 g/t Inc. 0.5m @ 108.0 g/t
o 11.8m @ 9.8 g/t Inc. 2.2m @ 21.0 g/t o 2.0m @ 28.2 g/t Inc. 1.2m @ 43.9 g/t
& Inc. 4.2m @ 11.8 g/t o 3.1m @ 18.0 g/t Inc. 1.0m @ 51.2 g/t
o 4.3m @ 24.6 g/t Inc. 0.8m @ 34.4 g/t o 2.5m @ 19.7 g/t Inc. 1.3m @ 36.2 g/t

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Waihi Exploration

• An initial seven-hole program has been completed at Waihi providing material
depth extensions to the known mineralisation
• Hole WHDD25004W1 intersected a new mineralised zone in the footwall of the
main mineralisation at 330 metres below surface, returning 8.7m @ 9.3g/t,
including 1.1m @ 30.2 g/t and 0.4m @ 90.6 g/t. The zone remains open in all
directions
• Other significant intersections include:
o 1.5m @ 18.6g/ Inc. 0.4m @ 72.5g/t
o 0.4m @ 18.0g/t & Inc. 0.3m @ 229.0 g/t
o 5.8m @ 2.5 g/t
o 1.5m @ 8.1 g/t

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Ora Banda’s Managing Director, Luke Creagh, said:

“These strong new drill results across three distinctly different areas are testament to
prospectivity of the Davyhurst Gold Project.

 

“We remain extremely active on the drilling front, with five surface rigs turning and five underground rigs active which combined are producing more than 850 metres of diamond core a day.

 

“This accelerated drill rate is a key driver for the business as we look to rapidly grow our
mineral resources, extend existing project mine life and identify new mines to develop.

 

“We think the Waihi results in particular are very significant as they continue to promote this deposit’s potential to become Ora Banda’s third underground mine.

 

“Likewise, the Little Gem – Sunraysia results are also exceptional given this is at an early greenfields stage on very wide space drilling.

 

“Proving approximately five kilometres of consistent and highly prospective strike, again with multiple lode surfaces, is an outstanding start to exploration in this area and we remain excited about the potential size of this system.”

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To read the full news release, please click HERE

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