Lefroy Exploration (ASX: LEX)
Provided an update to the Resource Estimate for the Burns Central prospect located in the Eastern Goldfields of Western Australia.
A significant shallow high-grade Au zone has been delineated within the existing Burns Central MRE, totalling 4.22Mt @ 1.18 g/t Au for 159,285 contained ounces which includes 46,538 oz of gold in oxide. Continue reading
American Creek Resources (TSX.V: AMK)
Announced that it has received the $300,000 cash signing fee payment from Cunningham Mining Ltd. as required by the definitive arrangement agreement dated September 5, 2024. Continue reading
West Red Lake Gold Mines(TSX.V: WRLG)
Reported initial drill results from the Upper 8 Target from its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada.
Hole WRL24-002Intersected 4.1m @ 14.20 g/t Au, from 354.8m to 358.9m. Continue reading
Calibre Mining Corp. (TSX: CXB)
Announced the appointment of Mr. David Schummer as Senior Vice President & Chief Operating Officereffective October 1, 2024, and Stephen McCaughey as Vice President Technical Services, Nicaragua. Continue reading
Market Review September 2024
The featured company is Westgold (ASX / TSX: WGX)
The review contains news about watchlist companies making news in the last month. These included a takeover bid for American Creek, and a gold discovery for Calibre Mining. Continue reading
Mining Review 29th September 2024
West Red Lake Gold Mines announced a high-grade gold discovery, and a Town Hall Meeting to meet local citizens to highlight the opportunities at the intended mine reopening in 2025.
BPM Minerals completed drilling at their exciting Louie Project area. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced a Town Hall meeting in Red Lake to engage with community members about the Company’s plans at the Madsen Mine and to recruit new employees.
West Red Lake Gold aims to restart the Madsen Mine in 2025. Continue reading
Uranium Energy Corp. (NYSE: UEC)
Announced that it has entered into an agreement with Rio Tinto America Inc. to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million pounds of historic resources. Continue reading
BPM Minerals Ltd (ASX: BPM)
(‘BPM’ or ‘the Company’) is pleased to announce the completion of drilling at the Claw Gold Project in WA.
The Claw Gold Project consists of 33km of highly prospective strike, immediately south along strike of $2.2 billion Capricorn Metals Ltd.’s (ASX: CMM) 3.24Moz Mt. Gibson Gold Project. Continue reading
Calidus Resources (ASX: CAI)
The Receivers and Administrators have confirmed that former CEO David Reeves is no longer an employee of the company, but remains a director for now. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
The highlight was hole M24D-08-4447-035Intersected 4.48m @ 49.39 g/t Au, from 114.91m to 119.39m, Including 2.5m @ 76.51 g/t Au, from 116.0m to 118.5m. Continue reading
Aris Mining (TSX: ARIS)
Published an updated corporate presentation used in the recent US based mining conferences. Continue reading
Mining Review 22nd September 2024
Gold reached a new (nominal) all-time high during the week as the US rate cut lowered the value of the US dollar.
BPM Minerals announced good drill results just south of Capricorn Metals’ Mount Gibson property in Western Australia. Continue reading
Calidus Resources
Mark Creasy, the famous Australian mining entrepaneur is the new owner of Calidus Resources, being the only bidder for the company in admininstration. Continue reading
American Creek (TSX.V: AMK)
Cunningham Mining Ltd, the acquiror of American Creek, announced the launch of its Nugget Trap Token (NGT) offering, priced at $0.60 USD per token. Continue reading
Westgold (ASX / TSX: WGX)
Published an updated corporate update showing the new company after the Karora Resources acquisition recently.
The Karora acquisition transformed West gold into a top 5 Australian gold producer with a market cap around A$1.8 billion. Continue reading
BPM Minerals (ASX: BPM)
Announced promising high-grade initial rilling results from the second phase of drilling at the Louie Prospect, part of the Claw Gold Project in WA.
The highlight was 30m @ 1.84 g/t Gold from 25 metres including 5m @7.12 g/t Au from 35m. Continue reading
Pacgold Limited (ASX: PGO)
Provided an exploration update on the recommencement of a regional aircore and RC drilling campaign at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Capricorn Metals (ASX: CMM)
Has published an updated corporate presentation, which was presented to investors at the recent Diggers and Dealers Mining Conference in Kalgoorlie, Western Australia. Continue reading
Mining Review 15th September 2024
Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over.
American Creek was acquired by Cunningham Mining, as the takeover season hots up, with Centamin Egypt also being bought out, and Newmont sold out their interest in Haveiron to Greatland Gold. Continue reading
