Cartier Resources (TSX.V: ECR)
Announced drill results below the West Nordeau deposit of the Chimo Mine Gold System from its ongoing drilling program on the Chimo Mine property and contiguous East Cadillac property. properties are located 45 km east of the Val-d’Or mining camp.
TriStar Gold (TSX.V: TSG)
Provided an update on advancements in the work at Castelo de Sonhos gold project in Pará State, Brazil.
TriStar is focused on attaining the Preliminary Licence, the main environmental licence in the 3-step Brazilian mine permitting process. Continue reading
Minera Alamos (TSX.V: MAI)
Filed the results of the independent preliminary economic assessment (PEA) titled “NI43-101 Technical Report, Preliminary Economic Assessment and Mineral Resource Estimate for the Cerro de Oro Gold Project, Zacatecas, Mexico” on SEDAR. Continue reading
Karora Resources (TSX: KRR)
Announce record annual consolidated 2022 gold production of 133,836 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 132,047 ounces during 2022. Continue reading
Ascot Resources (TSX: AOT)
Announced the third batch of assay results at the Big Missouri deposit from the 2022 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Osisko Development (TSX.V: ODV)
Announced an agreement with Nicola Mining to toll treat ore from their Barkerville Gold subsidiary at NM’s processing facility located at Merritt, B.C.
Merritt is around 6 hours driving distance from the Barkerville Gold project in the Cariboo region of British Columbia. Continue reading
Rumble Resources (ASX: RTR)
Announced assay results from diamond and reverse circulation drilling at the Lamil Gold-Copper Joint Venture Project with AIC, located 30 kilometres west of the Telfer Gold-Copper Mine in the highly prospective Paterson Province of Western Australia. Continue reading
i-80 GOLD CORP. (TSX: IAU)
Reported results from the first four holes drilled to follow-up the recently discovered Hilltop Zone that have confirmed high-grade, polymetallic CRD mineralization at the Company’s 100%‑owned Ruby Hill Property located in Eureka County, Nevada. Continue reading
Calidus Resources Limited (ASX: CAI)
Announced a maiden Reserve for Blue Spec that allows the Company to advance the Sulphide Plant Project towards a Final Investment Decision in mid-2023.
The results of the FS supports the Blue Spec and Copenhagen Reserves, shows that the integration of these high-grade satellite deposits into the operating Warrawoona gold project will generate a significant increase in production and operational cashflow for modest additional capex. Continue reading
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
Mining Review Sunday Update 17th July 2022
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
Karora Resources Inc. (TSX: KRR)
Announced that development of the second decline at Beta Hunt is tracking on cost and ahead of schedule with the estimated completion date now brought forward to Q1 2023 from mid-2023.
Karora Resources announces that the Beta Hunt second decline is progressing ahead Of Schedule, The Discovery Of A New Shear Zone And New Drilling Results Including 198.5 G/T Over 4.5 Metres. […]
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