City Investors Circle
Stocks from our watchlists claimed the top three places in last week’s drill charts in Canada, and the top place in Australia.
The charts list the best drill results from the past week in terms of width times grade. Continue reading
Catalyst Metals (ASX: CYL)
Announced that it has received the final environmental approval for development of the Trident Gold Project from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).
Catalyst now has all environmental approvals in place to commence mining. Continue reading
Mining Review 18th May 2025
Orla Mining’s Q1 loss disappointed the market and the shares were marked down harshly as a result.
West Red Lake Gold Mining are ramping up to production and the share price is stirring at last. Continue reading
G Mining Ventures (TSX: GMIN)
Reported its production and financial results for the quarter ended March 31, 2025.
GMIN produced 35,578 ounces of gold in Doré, at All-in sustaining costs of $960 per oz Au sold. Continue reading
Westgold Resources (ASX | TSX: WGX)
Reported record results for the period ending 31 March 2025 (Q3 FY25).
Gold production in Q3 FY25 of 80,107oz Au @ AISC of A$2,829/oz, consistent with the Q2 FY25 production of 80,886oz Au @ A$2,703/oz Gold sales of 78,398oz at an average price of A$4,630/oz, generating revenue of A$363M.
West Red Lake Gold Mines (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of North western Ontario, Canada.
Hole MM25D-12-4669-024 Intersected 18.7m @ 48.97 g/t Au, from 5.3m to 24.0m, Including 2m @ 428.83 g/t Au, from 20.5m to 22.5m. Continue reading
Orla Mining (TSX: OLA)
Published Q1 figures that disappointed the market as the Musselwhite costs increased the loss on a short term basis.
Record quarterly gold production of 47,759 ounces and total quarterly gold sold of 46,356 ounces at an AISC of $850 for Camino Rojo only. Continue reading
Capricorn Metals (ASX: CMM)
Published a Quarterly Exploration Update
Assays received from 89 resource definition holes (15,449 metres) since the last update in January 2025 continue to return exceptional results. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Reported on sales of the gold produced from the Madsen Mine bulk sample.
To date the Company has sold 2,350 oz. of the 2,498 oz. that were produced in the bulk sample at a weighted average gold price of US$3,293 per oz Continue reading
Catalyst Metals (ASX:CYL)
Announced that it has signed binding documentation to acquire the Old Highway Gold Deposit from Sandfire Resources for A$32.5m.
Old Highway represents an attractive development opportunity for Catalyst. It sits on granted mining leases, and is in close proximity (40km) to the Plutonic mill. Continue reading
Gold Road Resources (ASX: GOR)
Has entered into a Scheme Implementation Deed with Gold Fields under which Gold Fields has agreed to acquire 100% of the issued share capital in Gold Road by way of a scheme of arrangement.
The current offer price equates to A$3.40 per share plus around a 35 cent special dividend paid at the end. Continue reading
Meeka Metals (ASX: MEK)
Announced that the first ore has been mined from the open pits at the Murchison Gold Project.
Open pit mining achieved a major milestone during April with first ore mined from the St Anne’s North open pit. Continue reading
Calibre Mining Corp. (TSX: CXB)
Announced that holders of Calibre common shares and holders of options issued under Calibre’s amended and restated long-term incentive plan have approved the business combination with Equinox Gold Corp. Continue reading
G Mining Ventures (TSX: GMIN)
Announced the results of its Feasibility Study for the development of its wholly-owned Oko West Gold Project located in Region 7,Guyana.
The FS confirms robust economics for a low-cost, large-scale, conventional open pit and underground mining and milling operation, with industry-leading operating costs and high rate of return. Continue reading
Gold Road Resources (ASX: GOR)
Presented its activity report for the quarter ending 31 March 2025.
Gruyere delivered quarterly gold production of 71,226 ounces (100% basis) (December quarter: 91,631 ounces). Production was delivered at an AISC of A$2,658 per attributable ounce to Gold Road (December quarter: A$1,811 per ounce). Continue reading
Mining Review 27th April 2025
Capricorn Metals dominated the news this week, first by announing the CEO has stood down whilst he contests a case of assault, and then the company announced a new land acquisition near Mt. Gibson.
Gold trod water, as did most metals as Trump started to backtrack on his tariffs. Continue reading
Capricorn Metals (ASX: CMM)
Advised that it has entered into a binding agreement with Sabre Resources Ltd to acquire the prospective Ninghan Gold Project tenement package.
The Ninghan Gold Project covers approximately 77 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project. Continue reading
Calibre Mining (TSX: CXB)
Calibre shareholders can cheer the news that Equinox Gold is now offering them a 10% premium, after opposition ot a non-premium offer for their shares.
Van Eck opposed the original deal, will this improved offer appease them? Continue reading
Capricorn Metals (ASX: CMM)
The board advises that it has become aware that Chief Executive Officer Paul Criddle has been charged with the offence of aggravated assault, a charge to which he has pleaded not guilty. Paul has been granted leave pending the resolution of this personal matter. Continue reading
Minerals 260 (ASX: MI6)
Following a review of the company we are initiating coverage of Minerals 360, an ASX listed exploration and development company advancing the Bullabing Gold Project, one of Australia’s largest undeveloped gold projects. Continue reading
