City Investors Circle Mining Review
FED Chairman Jerome Powell delivered a hawkish speech at Jackson Hole, favouring containing inflation over the state of the economy and markets.
This drove the Dow down 1,000 points and caused gold to slump, taking down miners and indices. Continue reading
Cabral Gold (TSX.V: CBR)
Provided assay results from twenty-one RC holes drilled in the recently identified gold-in-oxide blanket of the PDM target within the Cuiú Cuiú Gold District, northern Brazil.
Highlights included 11m @ 3.1 gpt gold, including 3m @ 10.5 gpt Au. Continue reading
Cyprium Metals Limited (ASX: CYM)
Announced the Company’s maiden Mineral Resource Estimate for the Nanadie Well deposit to a JORC 2012 standard.
The Nanadie Well Copper-Gold Mineral Resource Estimate forms part of Cyprium’s broader Murchison Copper-Gold Project. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced it has received approval from the Toronto Stock Exchange to renew its normal course issuer bid to purchase up to no more than 8,492,971 of its issued and outstanding common shares. […] Continue reading
The strong US dollar is pushing down precious and industrial metal prices.
Mining stocks are taking a beating along with other popular sectors of the market. Continue reading
Orla Mining (TSX: OLA)
Has been added to the tier 1 watchlist, due to its pullback in market cap bringing it into the criteria used, as gold stocks have fallen recently.
Orla recently purchased Gold Mining Ventures in what the market considers was a very attractive price, taking advantage of the downturn. […] Continue reading
American Creek Resources Ltd. (TSX.V: AMK)
Presented the first set of drill results for Phase l of the 2022 exploration program conducted by Tudor Gold at their Joint Venture project, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. […] Continue reading
Karora Resources (TSX: KRR)
Has made a consolidated gold production of 30,652 ounces for Q2 of 2022 from its Beta Hunt and Higginsville mines in Western Australia. Gold sales for the quarter were 30,398 ounces.
Karora’s consolidated unaudited cash balance was $114-million as of June 30, 2022. [..] Continue reading
City Investors Circle Market Review June 2022
Features comments on why the steep price drop in copper could indicate a recession is imminent.
Companies commented on include Orla Mining, Gold Road Resources, Banyan Gold, Cabral Gold, Cyprium Metals, and Newcore Gold. Continue reading
Calidus Resources Ltd (ASX: CAI)
Announced outstanding results from further rock-chip sampling and mapping by Pirra Lithium at its Spear Hill discovery announced in January 2022
Pirra Lithium is owned equally by Calidus and Haoma Mining. […] Continue reading
Fosterville South Exploration (TSX.V:FSX)
Reported that the maiden percussion drilling program at Thompson Reef and Prince of Wales Reef within the Reedy Creek target of the Providence Project in Victoria, Australia has returned strong gold grades. Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Provided assay results from six diamond-drill holes testing the MG gold deposit within the Cuiú Cuiú gold district in northern Brazil.
Highlights included hold DDH272, 17.5m @ 4.0 g/t gold within the primary hard-rock MG gold deposit from 102.9m, including 5.5m @ 10.5 g/t gold from 104.1m […] Continue reading
Westhaven Gold Corp. (TSX.V: WHN)
Announced drill results from its ongoing drill campaign at its Shovelnose gold property, located within the prospective Spences Bridge Gold Belt.
The glory hole was 23.03 Metres of 37.24 G/t Gold and 209.52 G/t Silver. […]
Minera Alamos (TSX.V: MAI)
Provided an update on the continuing progress at the Company’s Santana gold mine during the first quarter of 2022.
Following a year-end shutdown to analyze data obtained from the first phase of the operation’s start-up (see HERE) full mining activities resumed later in January 2022. […] Continue reading
Cabral Gold Inc. (TSX.V: CBR)
Provided assay results from several trenches excavated on strike and immediately west of the Machichie main zone within the Cuiú Cuiú gold district.
Highlights included Trench CT38A located approximately 85m west of the most westerly drill hole at the E-W trending Machichie main zone, returned 11m @ 1.2 g/t gold, including 0.6m @ 9.6 g/t gold. […] Continue reading
Karora Resources Inc. (TSX: KRR)
Announced its Consolidated Gold Measured and Indicated Mineral Resource, net of depletions, has increased by 8% and the Consolidated Inferred Mineral Resources have increased by 43%. […] Continue reading
Ascot Resources Ltd.(TSX: AOT)
Provides an update on construction financing and development plans for its Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.
Ascot and Sprott Private Resource Lending have failed to come to agreement regarding the conditions for the continuation of their funding arrangement, and as a result, Ascot are seeking alternative sources of funding for the remaining C$60 million of project finance. […] Continue reading
Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce the declaration of commercial production at the Camino Rojo Oxide Gold Mine (“Camino Rojo”), effective April 1, 2022. […] Continue reading
City Investors Circle Market Review for March 2022 published
The main focus is on critical commodities for the global supply chain that may be effected by the Ukraine war. Russia produces nickel sulphide, used for EV batteries.
The featured company is Cabral Gold, and companies commented on include Calidus Resources, Cornish Metals, Gold Road Resources, Karora Resources, Neometals, Newcore Gold, and O3 Mining. Continue reading
