Canuc Resources Corp. (TSX.V: CDA)
Announced the closing of non-brokered Private Placement for gross proceeds of $450,000 CAD.
The closing of this Private Placement results in issuance of 3,000,000 Units. Each Unit consists of one common share priced at $0.15 per share, and one half of one common share purchase warrant. […] Continue reading
Cyprium Metals Limited (ASX: CYM)
Announced the receipt of assay results from the final 11 RC holes (for 3,356m) at Nifty West.
The drilling programme targeted lightly drilled areas up-plunge of the former underground mine in the keel area of the Nifty syncline below the western end of the Nifty open pit. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Announced that, subject to approvals, the Company plans to raise gross proceeds of up to £40,500,000 (C$66,800,700).
This comprises one share priced at 18p (C$0.30) per common share and a warrant to purchase one common share priced at 27p (C$0.45) for 36 months. […] Continue reading
Silver Tiger Metals Inc. (TSX.V: SLVR)
Has intersected 2,239 g/t silver equivalent over 9.2 meters in the Sooy Vein in Drill Hole ET-21-296 from 36.6 meters to 45.8 meters within a broader mineralized interval of 19.0 meters grading 1,101.2 g/t silver equivalent from 26.8 meters to 45.8 meters. […] Continue reading
Orla Mining (TSX: OLA)
Provided an exploration update and overview of targets and program objectives for its Camino Rojo and Cerro Quema Projects for 2022.
Exploration spending for 2022 is expected to total $15 million, with $10 million allocated to activities in Mexico and $5 million allocated to activities in Panama. Continue reading
Mining Review Sunday Update 20th March 2022
Nickel prices are back to normal, whatever that is, after a strange week where trading on the LME was interrupted several times, after deals were reversed earlier, ostensibly to bail out a horrendously underwater Chinese trader.
Gold remains above $1900 per ounce, despite interest rate rises this week being less than anticipated. Continue reading
As the Ukraine situation continues to worsen, and yet more sanctions are heaped onto major supplier Russia. Metal prices are soaring, with gold trading over $2,000 intraday, and copper trading at over $5 lb.
Nickel, Aluminium alloy, and tin also recorded strong daily gains. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Announced that it has reached an agreement with Sir Ferrers Vyvyan of Trelowarren in Cornwall to lease certain mineral rights owned by the Vyvyan family.
The mineral lease covers an area of 222 hectares and is valid for 25 years. […] Continue reading
Cyprium Metals Limited (ASX: CYM)
Reported the results of the first round of assays that have been received from the 2021 Reverse Circulation (“RC”) drilling campaign at the Maroochydore Copper – Cobalt Project.
Near-surface oxide copper/cobalt mineralisation extended to 3km long, up to 500 m wide, and 100m thick. […] Continue reading
City Investors Circle Mining Review January 2022
Has been published, including comments on copper, zinc, and tin.
The Review also features a new tier 1 watchlist of 11 stocks expected to generate positive news during the year. Continue reading
City Investors Circle Mining Review 23rd January 2022
Gold had a good week as the markets wobbled quite substantially, especially the tech laden NASDAQ index, a long overdue shake out surely?
Copper, nickel, tin, cobalt, and lithium are all looking strong as the anticipated demand for these battery metals forces up prices. The UK has just announced a gigafactory will be built. Continue reading
Tinka Resources Limited (TSX.V: TK)
Announced an exploration update at its 100% owned zinc-silver and copper-gold projects in Central Peru.
In particular it increased the scale of the high grade gold and copper discovery at Silvia NW. Continue reading
City Investors Circle Mining Review 16th January 2021
Coking coal really roofed it this week, up 14%, and has gone into contango, meaning the future price of coal into China is now being than the present market price.
Colonial Coal is a beneficiary of this strong price at a time where it’s rumoured that potential predators are circling.
Gold had a good week, as did nickel, copper, and tin. Continue reading
City Investors Circle Mining Review 9th Jan. 2022
Gold has fallen back once again after the FED indicated it would raise interest rates in March, and the US dollar and bond yields rose.
Gold is hanging around $1,800, but many market commentators are predicting a fall as the rate hike nears, so maybe a time to look at moving some funds into cash until the next gold bull run starts. Gold stocks are already beaten up with many falling around 50% in a year, so you have to ask how much more can they fall?
Copper and some other base metals covered by the Market Review also fell, as the US dollar gained strength. Continue reading
Canuc Resources (TSX.V: CDA)
Provided a December 2021 update on the exploration program currently in progress at the Company’s San Javier Ag-Au Project in Sonora State, Mexico.
Progress has been slow due to covid issues in Mexico, but progress has been made, with 1,750 m drilled and assays are awaited. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Reported assay results from three diamond drill holes at the ongoing drill programme at the United Downs copper – tin project, Cornwall, UK.
Drill hole UD21-011A intersected five parallel zones of high-grade copper / tin / silver mineralisation beneath the historic United Mines. Continue reading
American Creek (TSX.V: AMK)
Presented the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek.
The highlight was 0.97 G/T Gold EQ Over 1,320M, Including 1.38 G/T Gold Eq Over 556.5 M, Ending In Strong Mineralizatio. […] Continue reading
City Investors Circle – London
Published their Mining Review for November 2021.
Companies commented upon include Fiore Gold, Calibre Mining, Newcore Gold, Minera Alamos, and Los Cerros.
Commodities discussed include gold, silver, copper, tin, and coking coal. Continue reading
Tinka Resources (TSX.V: TK)
Announced high-grade gold and copper trench results from Silvia NW, one of several prospective targets at the Company’s 100%-owned Silvia Project located 30 km from the Company’s flagship Ayawilca zinc-silver project.
New trench results included 46 metres at 1.9 g/t gold & 0.8% copper (2.2% CuEQ or 2.9 g/t AuEQ), including 6 metres at 12.8 g/t gold & 2.7% copper. Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Reported assay results from two diamond drill holes, UD21-006 and UD21-008, which are part of the ongoing drill programme at the United Downs copper – tin project, Cornwall UK. Continue reading
