Cornish Metals High Grade Copper and Tin

Cornish Metals Inc. (TSX.V / AIM: CUSN)

Reported the remaining assay results from the Phase 1 drill programme at United Downs, in Cornwall, SW England.

This release includes results from the Mount Wellington and United Mines Targets within the United Downs project, located eight kilometres east of South Crofty.   Continue reading

Cornish Metals Reports Drilling from the Trenares Target

Cornish Metals (TSX.V / AIM: CUSN)

Reported the assay results from nine diamond drill holes drilled to test the Trenares Lode target within the United Downs project, located in Cornwall, SW England.

Mineralisation is principally tin – zinc – silver with minor copper. Intersects included TN21_002    2.42m grading 2.88% tin and 1.43% zinc.  […]  Continue reading

Canuc Resources Closes Private Placement

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

Cornish Metals to Raise up to £40.5 Million

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 Intersects 2,239 g/t Ag Eq Over 9.2 m

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 Commences Near Mine Exploration

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

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

Metal Prices Soaring Driven by Supply Concerns

Metal Prices are exploding upwards

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

Cyprium Metals Report Maroochydore Drill Results

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

Mining Review Sunday Update 23rd January 2022

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