Sold Minera Alamos

Minera Alamos (TSX.V: MAI)

I have been a loyal shareholder of Minera for around three years now, and have made a profit from holding the stock, but there comes a time when you have to look at the performance against the objectives set by the company.

I am wary of the permit delays, and with an upcoming election, if they are not issued before, it may delay things for some time. I see other opportunities with less risk. Continue reading

Mining Review Sunday 3rd December

Mining Review Sunday 3rd December

It was a good week for junior mining stocks after the price if gold spiked as a result of the FED hinting that rate rises are done and the market expects cuts in Q2 2024 onwards.

I have noticed the share price and volume of stocks traded for Colonial Coal increasing, and with no news released, wonder if the market senses a deal is in the offing? Continue reading

Cabral Gold Announces Cuiu Cuiu PFS Update

Cabral Gold (TSX.V: CBR)

Issued an update on the PFS at Cuiu Cuiu, Tapajos State, Brazil.

The current RC drill program is a significant part of this effort and is aimed at identifying additional higher-grade mineralization. We have completed 69 RC holes to date as part of this program and results are currently pending on 55 holes.   Continue reading

Calibre Completes the C$40 m Financing of Marathon

Marathon Gold (TSX: MOZ)

Calibre Mining Corp. (TSX: CXB) and Marathon announced the closing of the previously announced C$40 million financing of Marathon

Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon at a price of C$0.60 per share for aggregate gross proceeds to Marathon of C$40 million. Continue reading

West Red Lake Gold Intersects 10.92 g/t Au over 2.4m

West Red Lake Gold Mines (TSX.V: WRLG)

Reported additional drill results from its 100% owned Rowan Property located in the prolific Red Lake Gold District of North western Ontario, Canada.

This included Intersects of 10.92 g/t Au over 2.4m, 11.07 g/t Au over 2.15m and 38.15 g/t Au over 0.5m at the Rowan Mine.

Continue reading

Karora Reports Strong Results in Q3 2023

Karora Resources (TSX: KRR)

Announced financial and operating results for Q3 2023 and YTD 2023.

YTD 2023 production of 120,197 ounces increased 24% from 96,578 ounces for the same period in 2022, with the Company ending Q3 well positioned to achieve full-year 2023 production guidance of 145,000 – 160,000 ounces.

Continue reading

West Red Lake Gold Upsizes Placement to C$13m

West Red Lake Gold Mines (TSX.V: WRLG)

Announced that as a result of strong investor demand, the Company has amended its agreement with Canaccord Genuity Corp. and Eight Capital, to increase the size of the previously announced “best efforts” private placement of units to raise gross proceeds of up to C$13,000,000, consisting of up to 25,000,000 units of the Company at a price of C$0.52 per Unit.  Continue reading

Skeena Resources Eskay Creek DFS Conference Call

Skeena Resources (TSX / NYSE: SKE)

Will release the key results of a Definitive Feasibility Study (“DFS”) for its 100% owned Eskay Creek Gold-Silver Project after the North American markets close on November 14, 2023.

The Company will host a conference call to present the results of the DFS on November 15, 2023 at  16:00 PM GMT. Continue reading

i-80 Gold Signs Non-Binding Term Sheet for the JV of Ruby Hill


Announced that it has entered into a non-binding term sheet in connection with a potential joint venture with an arm’s length third party pursuant to which such potential partner will acquire a minority interest in the Company’s Ruby Hill Property located in Eureka County, Nevada. Continue reading

Calidus Appoints Experienced Mining Operations Specialist as COO

Calidus Resources (ASX: CAI)

Announced the appointment of Richard McLeod as Chief Operating Officer.

Mr McLeod’s experience will be invaluable as he helps drive the operational performance of the Warrawoona Gold Project, helping Calidus achieve its production target of 100,000 oz pa by CY2025.

Continue reading

American Creeks’s JV Discovers New Gold System

American Creek Res. (TSX.V: AMK)

Announce that project operator and JV partner Tudor Gold has produced the fourth set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the heart of the Golden Triangle, B.C.

Tudor reported highlights of 102.15 m of 1.28 gpt Au Eq including 42.5 m of 1.87 got Au Eq. Continue reading

Ascot Drills 692 g/t Gold Over 0.9 M

Ascot Resources (TSX: AOT)

Announced the third batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.

This release summarizes the initial batch of assay results from this season’s surface drilling program for in-fill and exploration purposes at the Big Missouri deposit, approximately six kilometres north of the Premier mill. Continue reading

Gold Road September Quarter 2023 Quarterly Report

Gold Road Resources (ASX: GOR)

Presented its activity report for the quarter ending 30 September 2023.

During the September 2023 quarter, Gruyere delivered quarterly gold production of 88,668 ounces (100% basis), delivered at an AISC of A$1,682 per attributable ounce to Gold Road (June quarter: A$1,620 per ounce).  Continue reading

Calidus Announce Bulletin Resource of 111,000oz at 4.1g/t Au

Calidus Resources (ASX: CAI)

Announced a maiden Inferred Mineral Resource of 832,000t at 4.1g/t Au for 111,000oz at the Bulletin deposit.

Bulletin sits within the Bamboo Creek historical mining centre that previously produced 220,000oz at 8.7g/t. Bulletin lies within 60 km trucking distance to Warrawoona mill. Continue reading

Marathon Gold Provides Q3 2023 Construction Update

Marathon Gold  (TSX: MOZ) 

Provided an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland for the quarter ended September 30, 2023.

The Project’s overall budget and schedule remain in line with previous guidance, with first gold on track for the first quarter of 2025. Continue reading

Ascot Intercepts More High-Grade Gold in the Prew Zone

Ascot Resources (TSX: AOT)

Announced the second batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project in the prolific Golden Triangle of northwestern British Columbia.

These are the final results from surface drilling for in-fill and exploration purposes at the Prew Zone in the Premier deposit, southeast of the Premier mill. Continue reading