American Creek Resources (TSX.V: AMK)
Reported that project operator and JV partner Tudor Gold has provided a corporate update on the joint venture Treaty Creek gold-copper project, located in the heart of the prolific Golden Triangle Mining Region of Northwestern British Columbia. Continue reading
Mining Review 29th January 2023
Gold and copper had a good week, and tin had an exceptional week, as the markets became more positive about the Chinese economy.
Ascot Resources, Cartier Resources, Karora Resources, and Westhaven Gold all announced good drill results. Continue reading
Calidus Resources (ASX: CAI)
Reported improved results from the last quarter, but the market was disappointed and the stock fell 25% afterwards.
The main issue is the AISC of around AUS$2,000 – 2,200, much higher than we’d like to see, but still well below the price of gold in AUS$ of around AUS$2,800. Continue reading
Wesdome Gold (TSX: WDO)
CEO Duncan Middlemiss would appear to have fallen on his sword after submitting his resignation yesterday after a year of poor performance and missed guidance for Wesdome Gold Mines.
The market has reacted to the recent problems at the company and the CEO has resigned. Normally this is likely to be seen as a positive, but in this case it has unnerved investors. Continue reading
Neometals Ltd (ASX / AIM: NMT)
Has signed a Term Sheet to investigate opportunities with AVL to purchase and further process the co-product vanadium/iron concentrate generated from Neometals’ Barrambie Project, and to co-locate and/or share infrastructure near AVL’s processing
plant site. Continue reading
Cartier Resources (TSX.V: ECR)
Announced drill results below the West Nordeau deposit of the Chimo Mine Gold System from its ongoing drilling program on the Chimo Mine property and contiguous East Cadillac property. properties are located 45 km east of the Val-d’Or mining camp.
Ascot Resources (TSX: AOT)
Announced the last remaining assay results from the 2022 exploration drill program at the Company’s Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia.
Ascot Drilled Its highest grade intercept to date at the Day Zone, 199 g/t Gold Over 1.0 Metre. Continue reading
Karora Resources (TSX: KRR)
Announced a continuation of significant results from gold exploration and infill drilling at the Beta Hunt Mine.
Karora Resources Drills 9.5 g/t Over 7.1 m at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 m. Continue reading
Westhaven Gold (TSX.V: WHN)
Announced drill results from its drill campaign at its 100% owned 17,623-hectare Shovelnose gold property.
Results included 6.20 m of 73.51 g/t Gold and 92.37 g/t Silver Within 12.00 m of 39.42 g/t Gold and 51.81 g/t Silver at the Franz Zone.
Mining Review 22nd January 2023
Copper is up as once again supply concerns emerge as more protests erupt in Peru, constraining production in the second largest exporting country.
Ascot Resources, Calidus Resources, Impact Minerals, Minera Alamos, Orla Mining, and TriStar Gold made news this week.
Impact Minerals Limited (ASX: IPT)
Announced that it has been selected to participate in the inaugural BHP Xplor program, principally to help fund exploration at the Company’s Broken Hill Project in New South Wales. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company has completed final documentation for a total of approximately C$200 million in project financing for construction of the Premier Gold Project located in the prolific Golden Triangle of northwestern British Columbia. Continue reading
TriStar Gold (TSX.V: TSG)
Provided an update on advancements in the work at Castelo de Sonhos gold project in Pará State, Brazil.
TriStar is focused on attaining the Preliminary Licence, the main environmental licence in the 3-step Brazilian mine permitting process. Continue reading
Calidus Resources (ASX:CAI)
Announced strong assay results which reveal a high-grade zone within the recent Felix discovery at the Blue Spec project.
High-priority assays from the first two holes were reported to the ASX on 28 November
2022, “New gold discovery 65km from Warrawoona project in the Pilbara” Continue reading
Orla Mining (TSX: OLA)
Provided an operational update for the fourth quarter ended December 31, 2022, a record for gold production.
This news release also includes the Company’s 2023 annual guidance which contains the outlook for production. Continue reading
Minera Alamos (TSX.V: MAI)
Filed the results of the independent preliminary economic assessment (PEA) titled “NI43-101 Technical Report, Preliminary Economic Assessment and Mineral Resource Estimate for the Cerro de Oro Gold Project, Zacatecas, Mexico” on SEDAR. Continue reading
Mining Review 15th January 2023
The big news this week is the rise in the copper and gold prices, 8.16% and 2.89% respectively.
Calidus Resources, Gold Road Resources, Karora Resources, Neometals, UEC, and Westhaven Gold all reported positive news this week. Continue reading
Karora Resources (TSX: KRR)
Announce record annual consolidated 2022 gold production of 133,836 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 132,047 ounces during 2022. Continue reading
Gold Road Resources (ASX: GOR)
Reported that their Gruyere Gold Mine has delivered to 2022 annual guidance, and to present a preliminary production and financial update for the December 2022 quarter.
The Gruyere JV is a 50:50 joint venture with Gruyere Mining Company Pty Ltd, a member of the Gold Fields Ltd group, who manages and operates the Gruyere gold mine. Continue reading
Westhaven Gold (TSX.V: WHN) is pleased to announce initial drill results from its recently completed drill campaign at its 100% owned Skoonka Creek gold property.
Skoonka Creek is located within the prospective Spences Bridge Gold Belt (SBGB), a four-hour drive from Vancouver, and 12 km northeast of Lytton, BC. Continue reading