City Investors Circle
Both the Canadian and US stock markets are closed today due to national holidays in both countries.
Expect a low trading day in gold in London. Continue reading
Tag Archives: canada
West Red Lake Gold Intersects 13.40 g/t Au over 10m
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 MM24X-03-5195-018, which Intersected 10m @ 13.40 grams per tonne gold, from 82m to 92m. Continue reading
Wesdome Reports Q1 2024 Financial Results
Wesdome Gold (TSX: WDO)
Announced its results for the three months ended March 31, 2024 (“Q1 2024”).
Consolidated gold production was 33,322 ounces at cash costs per Oz of US$1,125) and AISC per ounce of US$1,650. Continue reading
Calibre Mining Reports Strong Progress At Valentine
Calibre Mining (TSX: CXB)
Announced a construction and capital cost update on the Valentine Gold Mine , located in the central region of Newfoundland & Labrador, Canada.
Progress at the Valentine Mine is 64% construction complete, on track for production in Q2 2025. Continue reading
Calibre Intercepts High-grade Gold and Silver Mineralisation
Calibre Mining (TSX: CXB)
Announced drill results from its 2023 resource conversion and expansion program within its 176 km2Eastern Borosi Mine Complex located in northeastern Nicaragua, adjacent to a larger, 100%-owned, prolific 7,281 km2Atlantic Mineral Concession package. Continue reading
Calibre’s Q1 Gold Production On Track To Deliver FY 2024 Guidance
Calibre Mining (TSX: CXB)
Announced the operating results for the three months ended March 31, 2024.
Since 2019 Calibre has delivered annual production growth of 28% year on year, with a track record of meeting or beating expectations. Continue reading
Calibre Mining Announces C$100 Million Bought Deal
Calibre Mining (TSX: CXB)
Announced that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 59,600,000 common shares of the Company, at a price of $1.68 per Common Share for gross proceeds of $100 million. Continue reading
Calibre Delivers Fourth Consecutive Year of Reserve Growth
Calibre Mining (TSX: CXB)
Announced the results of the Company’s updated Mineral Resources and Mineral Reserves for its Nicaragua and Nevada properties as of December 31, 2023.
Reserves have grown in both jurisdictions net of depletion since acquisition of each asset. Continue reading
Colonial Coal AGM Result
Colonial Coal (TSX.V: CAD)
Colonial announced the result of their AGM held yesterday, 14th December, in Vancouver.
All directors were re-elected, the BOD were re-elected, and all motions duly passed. Continue reading
Marathon Gold Berry Regulatory Assessment on Track
Marathon Gold (TSX: MOZ)
Has received confirmation from the Impact Assessment Agency of Canada that changes to the Valentine Gold Project to accommodate an open pit and associated infrastructure at the Berry Deposit do not constitute a new Designated Project, and as such do not require a new impact assessment under the Impact Assessment Act. Continue reading
Westhaven Gold Files Technical Report For Shovelnose
Westhaven Gold (TSX-V: WHN)
Announced that the Company has filed an independent Technical Report prepared in accordance with National Instrument 43-101supporting the Preliminary Economic Assessment (PEA) at its 17,623-hectare Shovelnose Gold Property, lcated in BC, Canada. Continue reading
Marathon Gold – Initiating Coverage
Marathon Gold (TSX: MOZ)
Initiating coverage.
Marathon is a gold exploration and development company advancing its 100%-owned Valentine Gold Project located in the Central Region of Newfoundland and Labrador, one of the top mining jurisdictions in the world. Continue reading
Canadian, UK, and US Stock Markets Closed Today
Stock Markets not trading today.
The Canadian, UK, and US stock markets are all closed today, Monday 2nd January 2023, due to New Year, in lieu of Sunday, a non trading day.
They all resume trading at their regular times on Tuesday 3rd January 2023. Continue reading
Maple Gold 6,000m Joutel Drill Program
Maple Gold Mines (TSX.V: MGM)
Reported the mobilization of a second drill rig, while the first drill rig continues Phase II drilling at the 100%-controlled Eagle Project, to commence a 6,000 m deep drilling program at the Joutel Project in Quebec, Canada.
Joutel is held by a 50/50 joint venture between the Company and Agnico Eagle Mines. Continue reading