Mining Review 5th November 2023
Gold popped back up close to the US$2,000 level, on fear of a rout in bonds.
Ascot Resources reported a high grade gold intercept, the best for 8 years near their Premier Mine, i-80 Gold reported operating results, Eloro completed some metallurgical testing, and Calidus and SQM started exploring for lithium at Tabba Tabba. Continue reading
Ascot Resources (TSX: AOT)
Announced the third batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
This release summarizes the initial batch of assay results from this season’s surface drilling program for in-fill and exploration purposes at the Big Missouri deposit, approximately six kilometres north of the Premier mill. Continue reading
Mining Review 29th October 2023
Gold is over $2,000 as the Gaza situation spirals out of control and the threat of a wider regional conflict increases.
Ascot Resources, Calidus Resources, and Marathon Gold released excellent news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced the second batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
These are the final results from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill. Continue reading
Market Review September 2023
West Red Lake Gold Mines is the company in the spotlight this month.
The best performing Watchlist stocks were Lithium Power International and UEC.
10 Year Treasury yields and the US dollar strength continue to push down the price of precious metals, with FED predictions of “higher for longer”. Continue reading
Mining Review 17th September 2023
We initiated coverage of West Red Lake Gold Mines, new owners of the Madsen Mine, formerly owned by Pure Gold Mining, which went into administration, and subsequently delisted from the TSX.V and AIM markets.
Ascot Recources, i-80 Gold, and Karora Resources all reported good drill results in a busy reporting week. Continue reading
Ascot Resources (TSX: AOT)
Announced the first batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
These results are from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill. Continue reading
Market Review August 2023
The August 2023 Market Review has been published. It features comments on Karora Resources, Neometals, and Orla Mining, plus news snippets from other companies.
The review also provides market data for commodity prices. Continue reading
Mining Review 20th August 2023
A poor week for the mining juniors, with the price of gold falling due to anticipation of further FED rate increases, causing a strong US dollar.
Karora Resources reported record production sales and revue, and Newcore Gold and Silver Tiger reporting good drill results. Continue reading
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for Q1 2023, and also provided a construction update on the Company’s Premier Gold Project
As of Q1 2023, detailed engineering stands at 99% complete, major procurement is over 95% complete, and project construction excluding mine development is at 35%. Continue reading
Ascot Resources Ltd. (TSX: AOT)
Announced a C$4.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2023 exploration program at the Company’s Premier Gold Project , located in the prolific Golden Triangle 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
Ascot Drilled Its highest grade intercept to date at the Day Zone, 199 g/t Gold Over 1.0 Metre. Continue reading
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.
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
Mining Review 18th December 2022
Panama was the focus of the mining world this week as the government of that Central American country withdrew the mining licence for the El Cobre copper mine after failing to come to an agreement with owner First Quantum Minerals.
Ascot Resources, Calidus Resources, Cornish Metals, and Maple Gold Mines all made news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced the Company has entered into non-binding letters of intent 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
Mining Review 11th December 2022
A momentous week for mining in the UK this week as the government approved the UK’s first new coal mine for 30 years, in Cumbria.
Ascot Resources, Barkerville Gold, Neometals, Rumble Resources, and Wesdome Gold Mines made news this week. Continue reading
Ascot Resources (TSX: AOT)
Announced the third batch of assay results at the Big Missouri deposit from the 2022 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia. Continue reading
