Mining Review 24th December 2023
Two major announcements by companies on our watchlist list up a normally quiet final week before Christmas.
Galiano Gold acquired the other 45% of the Asanko mine in Ghana from their JV partner, and Calidus Resources announced a stunning deal to acquire the Nullagine mine and immediately lease out 80% of the camp for 10 years bringing in much needed cash to the company. Continue reading
Eloro Resources (TSX: ELO)
Announced the first assay results from five (5) of the drill holes in its eleven hole 5,267.7m definition drill program on the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. Continue reading
Eloro Resources (TSX: ELO)
Announced that it has completed a metallurgical drill program and commenced a definition drill program on the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. Continue reading
Eloro Resources (TSX: ELO)
Announced the filing of the National Instrument 43-101 Technical Report in support of the initial mineral resource estimate for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. Continue reading
Mining Review 10th September 2023
Auteco closed the Green Bay Mine acquisition from the former AIM listed Rambler, and immediately spelt out their different approach, with a plan to double resources before recommencing mining.
Eloro and Skeena Resources both brought out new MRE’s in an otherwise quiet week. Continue reading
Eloro Resources (TSX: ELO)
Announced the inaugural mineral resource estimatefor the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia.
Total in situ metal estimated to be 298 million ounces Ag, 4.09 million tonnes Zn, 1.74 million tonnes Pb and 130,000 tonnes Sn totalling 1.15 billion ounces silver equivalent. Continue reading
Eloro Resources (TSX: ELO)
Commenced trading on the main board of the Toronto Stock Exchange today.
This is a significant move for a junior explorer, as they continue to explore and develop the potentially huge Iska Iska silver-tin polymetallic project in Potosi, Bolivia. Continue reading
Mining Review 12th March 2023
The PDAC organisers said it had a “bullish feel to it”, well no change there then, it nearly always does!
Calidus Resources, Karora Resources, Neometals and UEC all reported good news this week. Continue reading
Eloro Resources Ltd. (TSX.V: ELO)
Announced that its common shares will commence trading on the Toronto Stock Exchange (“TSX”) at the opening of the market on Monday, March 6, 2023 under its current trading symbol “ELO”.
Concurrently with the listing on the TSX, the Company’s shares will be delisted from the TSX Venture Exchange. Continue reading
Eloro Resources (TSX.V: ELO)
Announced results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property to the southwest. Continue reading
Eloro Resources (TSX.V: ELO)
Announced assay results from eight additional diamond drill holes from its definition drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Continue reading
Mining Review 23rd October 2022
A better week for gold and silver, and their associated ETFs, but industrial metals were mostly static. Lithium reached a new all time high in China.
Ascot Resources, Cyprium Metals, Eloro Resources, Nouveau Monde, Radisson Mining and Wesdome all reported news this week. Continue reading
Eloro Resources (TSX.V: ELO)
Announced assay results from two additional diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia.
The intersection in hole DSB-36, drilled 400m southeast of the Santa Barbara adit, includes higher-grade portions of: 180.29 g Ag eq/t (24.27 g Ag/t, 2.49% Zn and 0.73% Pb) over 24.13m, and 197.54 g Ag eq/t (17.04 g Ag/t, 2.96% Zn and 0.58% Pb) over 11.82m.
Mining Review Sunday Update 31st July
Gold and other metals bounced after the dovish comments by FED Chair Powell after he increased US interest rates by 0.75%.
Companies in the news this week with good drill results included Cabral Gold, Eloro Resources, and Karora Resources. Continue reading
Eloro Resources (TSX.V: ELO)
Announced assay results from two additional diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia.
Hole DSBU-10 Intersected 188.64 g Ag eq/t (44.75 g Ag/t, 0.08 g Au/t, 1.05% Zn, 0.76% Pb and 0.14% Sn) over 349.08m. Continue reading
PDAC 2022 – Day 3
The conference was quiet this morning, but busier than the old half day Wednesday of previous years, which were hardly worth attending as booth holders were conspicuous by their absence, due to the festivities of the previous evening. Continue reading
Mining Review Sunday Update 15th May 2022
A truly awful week for investors in mining stocks and precious metals, as the strong US dollar pushed down the price of gold, silver, stocks, and bonds.
Chinese copper stocks are low, but the price of copper continues to fall. […] Continue reading
Eloro Resources (TSX.V: ELO)
Announced that it has entered into an agreement pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 1,538,480 units at a price of C$3.25 per Unit for gross proceeds to the Company of C$5,000,060.
This is around a 25% discount to the prevailing price at the time of announcement. […] Continue reading
Mining Review Sunday Update 8th May 2022
Another volatile week for gold, but it fared better than some thought after the half a percent FED rate hike.
Companies in the news this week included, Cabral Gold, Eloro Resources, Fosterville South, Kootenay Silver, and Radisson Mining Resources.
Eloro Resources (TSX.V: ELO)
Expert geologist Quinton Hennigh explains in detail his interpretation of Eloro’s resource at Iska Iska, and then follows that with a superb and easy to follow guide on how to estimate a resource volume from given parameters.
This is well worth listening to, a real education by an expert in his field. […] Continue reading
