|
Tag Archives: Calidus Resources
Mining Review 5th November 2023
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
Calidus-SQM lithium JV explores Tabba Tabba Shear
Calidus Resources (ASX:CAI)
Announced completion of the first soil sampling program for lithium on E45/2983, part of the Tabba Tabba South Project of Pirra Lithium.
On completion of the recently announced transaction, Pirra will be owned 40% by Calidus, 40% by SQM Australia Pty Ltd , and 20% by Haoma Mining NL. Continue reading
Monthly Market Review Published for October 2023
Market Review October 2023
The City Investors Circle Market review is out, and features comments on the price of gold, and why it’s not lifting the share price of mining companies.
The review features Nevada King Gold, Calidus Resources, Lithium Power Intl., and has a feature on stock promotion and recent examples. Continue reading
Mining Review 29th October 2023
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
Calidus Announce Bulletin Resource of 111,000oz at 4.1g/t Au
Calidus Resources (ASX: CAI)
Announced a maiden Inferred Mineral Resource of 832,000t at 4.1g/t Au for 111,000oz at the Bulletin deposit.
Bulletin sits within the Bamboo Creek historical mining centre that previously produced 220,000oz at 8.7g/t. Bulletin lies within 60 km trucking distance to Warrawoona mill. Continue reading
Calidus Announces SQM takes 40% stake in Pirra Lithium
Calidus Resources (ASX: CAI)
Announced that lithium major SQM has agreed to acquire a 30% interest in Pirra from Haoma.
SQM will also provide $3M in funding to Pirra, which will increase its total stake to 40%. Continue reading
Calidus Resources Request Trading Halt re Pirra Lithium
Calidus Resources (ASX: CAI)
Requested that its securities be placed in a trading halt and provides the following information in accordance with ASX Listing Rule 17.1.
This is pending a potential announcement re Pirra Lithium. Continue reading
Mining Review 1st October 2023
Mining Review 1st October 2023
A poor week for gold as “higher for longer” US rate predictions took their toll on the price, taking it down to the mid $1800s, and looking weak.
Westhaven announced good drill results at Shovelnose, Calidus reported increased production potential, and West Red Lake Gold rose on the back of a newsletter promotion. Continue reading
Market Review September 2023
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
Calidus Resources Production Increase Potential
|
Mining Review 17th September 2023
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
Calidus’ Blue Spec Approval to Boost Output
Calidus Resources (ASX:CAI)
Has received all the Environmental Permits needed for it to start mining the high-grade Blue Spec Gold Project in WA’s Pilbara.
Blue Spec is a high-grade underground project located within trucking distance of the
Warrawoona Gold Project. Continue reading
Mining Review 20th August 2023
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
Calidus Resources Interview at Diggers 2023
Calidus Resources (ASX: CAI)
MD Dave Reeves was interviewed during the Kalgoorlie Diggers and Dealers 2023 mining conference.
He highlighted the progress the company has made and is making. Continue reading
Market Review July 2023 Published
Market Review July 2023 Published
Companies mentioned this month include Cabral Gold, Calidus Resources, Cornish Metals, Impact Minerals, Karora Resources, and Neometals.
We discuss why gold is holding strong despite the recent US rate hike. Continue reading
Mining Review 30th July 2023
Mining Review 30th July 2023
The week was noteworthy because of the strange story of Goldshore, the 43-101 comments acidentally uploaded to SEDAR, and the ‘disappearing’ of Moss Lake.
Other companies releasing news included Impact Minerals, Calidus Resources, Cornish Metals, and Karora Resources. Continue reading
Calidus Meets Production Guidance
Calidus Resources (ASX: CAI)
Announced improved results for the June Quarter, meeting production and cost guidance.
FY24 guidance is 65,000 – 75,000 Oz gold at an AIS|C of A$1,900 to A$2,100.
Calidus Resources Noosa Presentation
Calidus Resources (ASX: CAI)
Have produced an updated presentation for the Noosa Mining Conference in Australia.
Calidus are improving production rates and striving to lower AISC at their Warrawoona producing gold mine in Western Australia. Continue reading
Calidus’ Felix discovery Has potential to supply Warrawoona
Calidus Resources (ASX: CAI)
Announced more strong drilling results at its Felix gold discovery in the Pilbara.
The results support Calidus’ strategy to grow the inventory, production and mine life at
its Warrawoona Gold Project. Continue reading