G2 Goldfields (TSX: GTWO)

Reported new assay results from its ongoing diamond drilling program at the Company’s OKO Project in Guyana.

The latest drilling successfully extended high-grade shoots down-plunge at the Ghanie deposit, upgraded and confirmed central infill mineralization, and extended gold mineralization south of the existing Ghanie resource along the “Border Zone”.

.

.

.

Highlights

• Deepest hole drilled to date by G2 returned 84.5m @ 3.0 g/t Au from 915m, extending mineralization by 140m vertically to 1km, where it remains open
• Eight drill rigs actively focused on infill, expansion and discovery drilling, with infill holes returning high-grade intercepts, including GDD270 which returned 20.8m @ 9.6 g/t Au incl. 4.4m @ 36.1 g/t Au
• Drilling in the “Border Zone” continues to extend gold mineralization south of the existing Ghanie resource, with a high-grade interval of 3.0m @ 10.8 g/t Au from 490m, building on strong prior results in this area

Assay results are reported herein for 22 new diamond drill holes completed within the Ghanie deposit, totalling 10,828 metres (“m”). 

Figure 1 – Longitudinal View of the Oko Deposit Looking West

.

High-Grade Extensions at Depth

Deep drilling continues to extend high-grade mineralization down plunge from the central portion of the Ghanie resource, following up on prior strong results from hole GDD256A, which returned 50.0m @ 2.4 g/t Au (incl. 23.5m @ 4.0g/t Au) from 862m (see press release dated January 6, 2026).

New hole GDD277B returned 84.5m @ 3.0 g/t Au, including 6.0m @ 13.4 g/t Au and 16.4m @ 4.5 g/t Au, representing the deepest intercept at the Oko Project to date and extending mineralization by an additional 140m vertically to 1km where it remains open.

In addition, GGD271A intercepted 1.5m @ 8.1 g/t Au, 3.0m @ 6.1 g/t Au and 3.0m @ 5.8 g/t Au and ended in mineralization at 954m.

These intercepts occur within the principal Ghanie shear zone along the contact between Ghanie diorite and magnetite diorite host rocks, consistent with the Company’s geological model.

These results demonstrate economic widths and grades well beyond the limits of the current mineral resource and highlight the continued growth potential of the Ghanie gold system.

.

To read the full news release please click HERE

/

——-

The live Spot gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author is invested in G2 Goldfields 

.

To read our full terms and conditions, please click HERE

Mogotes Metals (TSX.V: MOG)

Announced the discovery of a large, shallow gold breccia system and an underlying gold-copper-molybdenum porphyry at its Cruz del Sur target, part of the Filo Sur project in Argentina’s Vicuña district.

.

.

Highlights

• New near-surface gold-zinc breccia discovery:24 m at 1.01 g/t Au(FS_DDH_007) within120 m at 0.52 g/t Aufrom just 24 m depth

• Underlying gold-copper porphyry confirmed:62 m at 0.62 g/t Au and 800 ppm Cu(FS_DDH_006) within a 258 m interval at 0.36 g/t Au and 744ppm Cu

• Copper grades improving with depth, pointing to higher-grade potential below current drill coverage

• Only a fraction of the largely gravel covered, 4.0 x 0.5 km target footprint has been tested and the system is open along strike and at depth.

 

.

Kaiser Reef (ASX: KAU)

A multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce the Porcupine Flat Processing Plant has successfully moved to two shifts, doubling plant throughput.

.

Kaiser Reef Henty Gold mine, Tasmania – Credits Kaiser Reef Limited

.

MALDON PROCESSING UPDATE – 2ND SHIFT COMMENCED AT THE MALDON GOLD PROJECT

.
Kaiser Reef Limited (ASX: KAU) (Kaiser or the Company), a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce the Porcupine Flat Processing Plant has successfully moved to two shifts, doubling plant throughput.

HIGHLIGHTS

Porcupine Flat now processing day and night shift, Monday to Thursday
Doubled plant throughput for a limited increase in personnel and costs
Union Hill Stockpile underpins continued processing until 2030 @ 10,000t/month
Small-scale ore purchases are ongoing
Union Hill underground refurbishment and rehabilitation to commence shortly.

Kaiser’s Managing Director, Brad Valiukas, commented:

“Maldon represents a district-scale gold opportunity for Kaiser, with numerous historical mines and lines of working that remain substantially underexplored, despite having historically produced an enviable 1.75moz Au at 28g/t.

 

“Maldon is a fully permitted operation in the heart of Victoria’s Golden Triangle, including the Porcupine Flat Processing Plant, which is pouring gold, and the Union Hill Underground Mine, where we are both reclaiming and trucking low-grade stockpile material and finalising preparations for decline refurbishment.

 

“The change to two shifts at Maldon will significantly reduce our processing cost per tonne, as we have doubled capacity without significantly increasing our fixed costs or overheads. This is a material change, especially given that the bulk of the mill feed is from low-grade stockpiles. We expect Maldon to be near self-funding, including for exploration, moving forward.

 

“The team at Maldon has done a great job over the last six months, getting on board and executing a comprehensive strategy for the Project, and repositioning the business at Maldon for growth and success.

 

“Kaiser is fully funded with clear operational priorities at both assets. Our strategy remains unchanged: disciplined production growth, reserve expansion, and building long -term value from our dual-asset platform.”
— ENDS —

.

To read the full news release please click HERE

+++++++

To View Kaiser Reef’s current share price and chart, please click HERE

To View Kaiser Reef’s historical news, please click here

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Kaiser Reef. 

.

To read our full terms and conditions, please click HERE

Caprice Resources (ASX: CRS)

Announced it has executed a binding Heads of Agreement with Corella Resources Limited (ASX: CR9) for the sale of a 75% interest in its West Arunta (Chobe) Project in Western Australia fpr a consideration of A$2.89 million.

.

.

.

CAPRICE DIVESTS WEST ARUNTA ASSETS FOR $2.89M RETAINING FREE-CARRIED EXPOSURE

.

Caprice Resources Limited (ASX: CRS) (Caprice or the Company) is pleased to announce it has executed a binding Heads of Agreement (HOA) with Corella Resources Limited (ASX: CR9) (Corella or Purchaser) for the sale of a 75% interest in its West Arunta (Chobe) Project in Western Australia.

The transaction delivers immediate cash, ongoing exposure to any future West Arunta discovery success, and a free carried pathway to development, positioning Caprice to unlock value from the rapidly emerging West Arunta Province (Figure 1) without ongoing expenditure burden.

Disciplined divestment aligns with Caprices’ core focus of rapidly advancing its exciting Island Gold Project to a maiden Mineral Resource Estimate (MRE) and expediting exploration drilling at the Comet and Cuddingwarra Projects in the Murchison Goldfields with Caprice to emerge with $16.5m cash post transaction completion.

HIGHLIGHTS

• Up to $2.89 million total consideration
• $2.70 million cash at completion (inclusive of $50,000 non-refundable deposit)
• $190,000 via the issue of deferred equity in Corella
• 15-25% retained interest in key tenure or conversion to 1.5% NSR
• Free carried through to Decision to Mine
• Corella to sole fund exploration and development
• Continued (free carried) exposure to one of Australia’s most active frontier exploration regions

Caprice MD, Luke Cox, commented,

“This is a highly compelling transaction that crystallises immediate value for Caprice shareholders while retaining strong exposure to exploration success in one of Australia’s most exciting frontier regions.

 

“Importantly, Caprice maintains a free-carried position through to decision to mine, meaning we benefit from any discovery or resource growth without contributing further capital.

 

“With Corella expected to aggressively advance exploration, this transaction provides a clear pathway to unlock the full potential of the West Arunta Project while allowing Caprice to focus on its core Murchison gold strategy.”

.

To read the full news release please click HERE

.

++++++

.

The latest Caprice share price and chart can be viewed HERE

.To View Caprice Resources’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Caprice Resources

.

Altair Minerals (ASX: ALR)

Announced that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altairat an issue price of A$0.043 per Placement Share, raising ~A$28.2 million. 

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair.

.

.

Altair Announce a $28 Million Premium Placement to Endeavour Mining

Altair Minerals Limited (ASX: ALR) (‘Altair or ‘the Company’) is pleased to announce that is has received a firm commitment from Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc for a placement of 656,264,364 fully paid ordinary shares in Altair (Placement Shares) at an issue price of A$0.043 per Placement Share (Placement Price) raising ~A$28.2 million.

The Placement has been exclusive to Endeavour, who is expected to become a 9.90% shareholder of Altair following completion of the Placement

Strengthened treasury to accelerate and set the foundation to transform the scope of
exploration across Greater Oko
▪ Binding commitment of A$28.2 million received via a strategic placement to Endeavour Gold Corporation, a wholly owned subsidiary of Endeavour Mining plc. (LSE: EDV, TSX: EDV, OTCQX:
EDVMF) (“Endeavour”) at an issue price of A$0.043 per share (“Placement”).
▪ The Placement price represents a 5% Premium to Altair’s last closing price, and;
40% Premium to 30-Day VWAP (Volume Weighted Average Price)
11% Premium to 5-Day VWAP (Volume Weighted Average Price)
▪ Placement strengthens Altair’s pro-forma treasury to ~A$40 million setting the transformational foundation for exploration success through aggressive drill-testing across Greater Oko over the coming years – with immediate focus on scaling drilling activities and deploying regional exploration teams on untapped greenstone terrain.
▪ Proceeds of the Placement will support Altair in:
Increasing its current maiden drill program to ~50,000m (25,000m Diamond & 25,000m RAB)
Accelerate drilling through multiple rigs, immediately bringing forth a second RAB.
Accelerate current SOKO geochemical programs, immediately doubling trenching and soils rate
Advancing multiple potential discoveries simultaneously, through our application of systematic exploration to drive success
▪ Endeavour is the largest gold producer in West Africa and ranks in the top 10 senior gold producers worldwide. Upon Placement completion, Endeavour will become a 9.90% shareholder of Altair.
▪ Endeavour applies a bespoke methodology to exploration – leading to 22.4Moz Au (Measured & Indicated) in discoveries since 2016, and is strategically aligned with Altair’s large scale exploration plans and long-term vision at Greater Oko.
▪ Both Altair and Endeavour (the “Parties”) will set up a joint Technical Committee to leverage key technical synergies

The Guiana Shield is a continuation of the West African Birimian greenstone belt. The Parties can apply their collective exploration & development success to maximise value at Greater Oko.

The Parties can mutually elect Endeavour’s Executive Vice President of Exploration, Sonia Scarselli, formerly BHP’s Vice President of Exploration and Xplor, (or her alternate) to join as Special Advisor to the Board and Greater Oko Project.
▪ Endeavour’s investment into Altair demonstrates the growing interest by major mining firms globally into Guyana’s untapped gold industry.

,
Altair Minerals Limited CEO, Faheem Ahmed, commented:

“We are excited to add Endeavour as a substantial strategic investor into Altair and to accelerate our Greater Oko exploration programme, leveraging the technical support from one of the most successful gold exploration teams globally.

 

“Endeavour is the largest gold producer in West Africa, renowned for its exploration track record and technical expertise across the West African Birimian Greenstone Belt.

 

“The greenstone belts on the Guiana Shield represent a geological continuity of the Birimian Greenstone Belt, which presents a unique synergy between both companies, allowing Altair to leverage the technical acumen at Endeavour in order to fasttrack exploration success at Greater Oko.

 

“The Greater Oko Project represents a unique consolidated land position in Guyana – where permits are fragmented in ownership and typically each block sits at approximately 4km Sq – presenting a major barrier to entry into one of the most prospective and untapped gold provinces globally.

 

“Greater Oko remains the largest consolidated gold exploration project in the country, with Altair seeking to unlock its value through a multi-year campaign.

 

“Endeavour’s investment into Altair, given their technical expertise in greenstone belt exploration, is a strong endorsement of the prospectivity and scalability of Altair’s land package.

 

“Both companies have a mutual appreciation and understanding for the unique opportunity present at hand with the Greater Oko Project in Guyana, a dominant land position sitting on the last untapped ‘Birimian-Like’ greenstone belt on the planet that sits on a pro-mining and politically stable jurisdiction.

 

“The ambitious exploration goals set by Altair follows a similar strategy set out by Endeavour across their portfolio. Hence, it is pleasing to bring Endeavour as a substantial shareholder, to join us on this journey as we begin scaling exploration and execution, with the added optionality of leaning on their technical support team to fast-track discovery.

 

“This Placement positions Altair to aggressively explore across Greater Oko and deliver exploration success. Immediately, we will seek to scale-up our drill programs while in parallel we increase our logistics and human resources over the coming weeks to prepare for materially larger regional exploration programs.

 

“Altair would like to thank all current and new shareholders for their continued support, and we look forward to updating the market with promising developments over the coming months”

.

To read the full news release, please click HERE

+++++++

To view the latest Altair Minerals share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Altair Minerals. 

.

To read our full terms and conditions, please click HERE

Tajiri Resources Corp. (TSX.V: TAJ)

Announced that it has launched a concurrent non‑brokered private placement of up to 9,523,809 units of the Company at a price of CDN$0.21 per Unit, for aggregate gross proceeds of up to CDN$2,000,000.

The Offering is being conducted concurrently with the Company’s previously announced upsized non‑brokered private placement of units announced on April 9, 2026.

.

Yone project location map – Courtest of Tajiri Resources

.

.

Tajiri Resources Launches Concurrent Non‑Brokered Private Placement

.

VANCOUVER, BRITISH COLUMBIA – (April 13th, 2026) Tajiri Resources Corp. (the “Company” or “Tajiri”) (TSXV: TAJ) is pleased to announce that it has launched a concurrent non‑brokered private placement (the “Offering”) of up to 9,523,809 units of the Company (the “Units”) at a price of CDN$0.21 per Unit, for aggregate gross proceeds of up to CDN$2,000,000.

The Offering is being conducted concurrently with the Company’s previously announced upsized non‑brokered private placement of units announced on April 9, 2026 (the “Concurrent Offering”).

The Concurrent Offering remains open and is expected to close on or about April 22, 2026, or such other date as may be determined by the Company, subject to receipt of all required approvals.

Each Unit issued under the Offering will consist of one common share in the capital of the Company and one‑half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of CDN$0.40 per share for a period of eighteen (18) months from the closing date of the Offering.

The Company expects that the Offering will close on or about the same timeframe as the Concurrent Offering, subject to customary closing conditions and the final approval of the TSX Venture Exchange (the “TSXV”).

In connection with the Offering, the Company may pay certain eligible finders cash fees of up to 6.0% of the gross proceeds raised from investors introduced by such finders, in accordance with applicable securities aws and TSXV policies.
The net proceeds from the Offering are expected to be used for the exploration and development, and working capital purposes.

.

To read the full news release, please click HERE

+++++++

To view the latest Tajiri Resources share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Tajiri Resources. 

.

To read our full terms and conditions, please click HERE

Lahontan Gold Corp. (TSXV: LG)

Announced that analyses of pulp samples from the Company’s 2025 reverse-circulation drilling program show high levels of cyanide extraction for gold and silver that corroborates and validates previous metallurgical testing at Lahontan’s West Santa Fe project.

.

Panoramic vista of Santa Fe – Courtesy of Lahontan Gold Corp.

.

.

LAHONTAN REPORTS CYANIDE RECOVERIES OF 81% FOR GOLD AND 60%
FOR SILVER AT WEST SANTA FE

Toronto Ontario, April 13, 2026 – Lahontan Gold Corp. (TSXV:LG, OTCQB:LGCXF, FSE:Y2F) (the “Company” or “Lahontan”) is pleased to announce that analyses of pulp samples from the Company’s 2025 reverse-circulation (“RC”) drilling program show high levels of cyanide (“CN”) extraction for gold and silver that corroborates and validates previous metallurgical testing at Lahontan’s West Santa Fe project.

Highlights of the CN test program include:

• CN extractable gold averaged 81% compared to the original fire assay gold values for
individual pulp samples (please graph below). This is a very high CN extraction ratio and greater than the projected gold recovery reported in previous metallurgical testing for West Santa Fe (more below).
• CN extractable silver averaged 60% compared to the original ICP and fire assay analyses (please graph below). This is also a high CN extraction ratio, especially for silver, and is greater than the projected silver recovery reported in previous metallurgical testing.

.
Kimberly Ann, Lahontan Executive Chair, President, CEO, and Founder commented:

“The results of the CN extractable gold and silver analyses confirm our belief that precious metal mineralization at West Santa Fe is amenable to CN heap leach processing for gold and silver recovery.

 

“Combined with the results of the 2025 RC drilling program, which replicated the gold and silver results from historic drilling, we are checking all the boxes: Exploration will now continue at West Santa Fe, seeking to expand the footprint of the precious metal system in anticipation of the preparation of a Mineral Resource Estimate (“MRE”)
later this year.”

.

——-

.

.

Ana Paula drill map – Credits Heliostar Metals Ltd.

.

Heliostar Metals Drills 69 Metres Grading 10.1 g/t Gold in the High Grade Panel at Ana Paula

.

HIGHLIGHTS:

.

Kaiser Reef  (ASX: KAU)

Kaiser Reef, a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce drilling results from Porcupine Flat and provide a general exploration update for the Maldon Gold Project.

.

Kaiser Reef Henty Gold mine, Tasmania – Credits Kaiser Reef

.

.

KAISER REEF DRILLING RESULTS AND EXPLORATION UPDATE FOR THE 
MALDON GOLD PROJECT

Kaiser Reef Limited (ASX: KAU) (Kaiser or the Company), a profitable, multi-asset Australian gold producer with operations in Tasmania and Victoria, is pleased to announce drilling results from Porcupine Flat and provide a general exploration update for the Maldon Gold Project.

HIGHLIGHTS

Union Hill Mine Refurbishment Update
New drill platform to be established 250m down decline
Allows targeting of untested sections of Ladies and Eaglehawk Reefs
Extensive preparation work coming to completion, including water tanks, water
treatment system, electrical supply to site, compressed air, radio system, ventilation fan
supply, key mobile equipment refurbishment, explosives supply and storage, fuel and
consumables supply and storage, operating procedures and risk assessments,
geotechnical investigations, recruitment of experienced operators, and items required
for community interaction and environmental monitoring
Planned activity fully permitted
Underground refurbishment and rehabilitation to commence 1st week of May

Drilling planned to commence next quarter in line with the previously published Strategic Plan for Maldon
Tailings Storage Facility (TSF) Sterilisation Drilling Program Results
1090m program completed
Drilling designed to provide geotechnical information for forthcoming TSF expansion as
well as to sterilise area for alluvial and primary gold mineralisation missed by historical
dredging work. Results include:
8m @ 2.99g/t Au from 10m in TSAC_021 (in-situ material)
1m @ 16.99g/t Au from 6m in TSAC_043 (alluvial material)
5m @ 2.71g/t Au from 0m in TSAC_050 (alluvial material)
Potential for RC follow-up drilling of in-situ results

Target Generation Soil Survey Complete
First phase survey complete, nominal 160m x 80m spacing, infill phase subject to results
Survey covers 2.7km2 of prospective land to the north of Maldon where no historical data is currently available
Samples with laboratory; initial results expected in coming weeks
Infill work to define drill targets expected
Resistivity Survey Underway at Nuggetty
Promising initial trial successfully mapped historical voids
Broader survey covering the Nuggetty project area now underway, aiming to more
comprehensively map historical workings in the area
Targeting on ground completion this week

Kaiser’s Managing Director, Brad Valiukas, commented:

“Kaiser is a profitable gold miner with a robust balance sheet and a strong pipeline of exploration and development opportunities.

 

“We are well-positioned to both capitalise on a strong gold price and add significant further value to our assets with targeted investment.

 

“Maldon represents a district-scale gold opportunity for Kaiser, with numerous historical mines and lines of working that remain substantially underexplored, despite having historically produced an enviable 1.75moz at 28g/t.

 

“We are committed to generating the most value from the entire project, and are undertaking works that will both grow the Project as a whole and advance towards expanding production.

 

“This announcement reflects the breadth of work underway at Maldon — from airborne geophysics to decline refurbishment — with a substantial data compilation programme continuing in parallel.

 

“Commencement of this comprehensive works program will unlock the district after decades of exploration neglect. Kaiser is in a great position to both continue growing the business organically, such as this work in Maldon, and strengthen the balance sheet to take advantage of inorganic opportunities.”

,

To read the full news release please click HERE

+++++++

To View Kaiser Reef’s current share price and chart, please click HERE

To View Kaiser Reef’s historical news, please click here

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Kaiser Reef. 

.

To read our full terms and conditions, please click HERE

Ora Banda Mining ASX: OBM)

Pdrovide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

.

Ora Banda Drills Exceptional High-Grade Gold at Golden Pole

INFILL DRILLING CONFIRMS GOLDEN POLE’S MINING POTENTIAL

Ora Banda Mining Limited (ASX: OBM) (“Ora Banda”, “OBM”, “Company”) is pleased to provide an update on continued drilling success at its Waihi Project which has expanded the high -grade mineralisation area on the Golden Pole lode.

Following the drilling success at Golden Pole ( 2.2m @ 56.3 g/t, 5.0m @ 13.2 g/t, 3.2m @ 13.9 g/t and 9.0m @ 4.8 g/t )

1 a 22 hole drill program commenced in January 2026. This drilling aimed to infill
and extend mineralisation beneath the historical Golden Pole workings and confirm
mineralisation around the new lode east of Golden Pole .

Exceptional high-grade drill results have accelerated Golden Pole’s inclusion in an updated Mineral Resource and Ore Reserve Estimate for Waihi planned for the June quarter.

Highlights:

• Targeted infill and extensional drilling on Waihi’s Golden Pole Lode 1 has confirmed its
mining potential with thick, high -grade results including (see Figure 3):
o 3.0m @ 44.0 g/t Inc. 2.0m @ 64.6 g/t Golden Pole
o 11.3m @ 10.5 g/t Inc. 2.0m @ 48.2 g/t Golden Pole
o 7.0m @ 16.9 g/t Inc. 3.5m @ 31.3 g/t Golden Pole
o 5.0m @ 23.1 g/t Inc. 2.0m @ 55.0 g/t Golden Pole
o 5.0m @ 15.8 g/t Inc. 2.0m @ 34.6 g/t Golden Pole
o 7.9m @ 8.7 g/t Inc. 1.7m @ 31.4 g/t Golden Pole
o 7.0m @ 5.8 g/t Inc. 1.0m @ 14.1 g/t Golden Pole
o 0.4m @ 80.9 g/t Golden Pole
o 3.0m @ 9.6 g/t Inc. 1.0m @ 19.4 g/t Golden Pole
o 3.0m @ 8.2 g/t Inc. 1.0m @ 10.7 g/t Golden Pole
o 3.0m @ 7.0 g/t Inc. 1.0m @ 15.8 g/t Golden Pole
o 6.0m @ 6.7 g/t Inc. 2.9m @ 12.4 g/t Golden Pole ( 1m Re -splits)
• These results come from 22 holes completed as part of an infill and extension drill
program announced on 15 January 2026.
• In addition to the success at Golden Pole, results were also returned from the last of the
2025 drilling program across the broader Waihi Project , with highlights including:
o 1.9m @ 8.5 g/t Inc. 0.7m @ 19.2 g/t Waihi West
o 1.0m @ 32.9 g/t Waihi East
• The Waihi deposit is located three kilometres west of Ora Banda’s Davyhurst processing plant and is being targeted as a potential third underground mine with a Mineral Resource Estimate update and maiden underground Ore Reserve Estimate scheduled in the June 2026 quarter.

This will include the Golden Pole lode for the first time

The program was highly successful returning several results greater than 100 gram metres ( 3.0m @ 44.0 g/t, 11.3m @ 10.5 g/t, 7.0m @ 16.9 g/t and 5.0m @ 23.1 g/t).

Barton Gold Holdings (ASX: BGD)

Announced initial assay results from recent drilling at its South Australian Challenger Gold Project.

Highlights included hole CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres.

.

Tunkillia drilling – Credits Barton Gold

.

.

Barton Gold’s First Challenger Assays Return Grades up to 170g/t Au

New zones of high-grade mineralisation identified in open pit walls

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to announce initial assay results from recent drilling at its South Australian Challenger Gold Project (Challenger).

.
HIGHLIGHTS

• 8,065m reverse circulation (RC) Resource upgrade drilling recently completed at Challenger ‘Main’,
‘Challenger West’ (CW) open pits, and ‘Challenger South-Southwest’ (CSSW) and ‘Challenger 3’ targets
• Challenger’s ‘Main’ open pit operated during 2002 – 2004; drilling has identified new highgrade mineralisation in the open pit’s walls and extensions, where new assays include:

Hole ID Interval Including:
CHB0140 9m @ 2.20 g/t Au from 97 metres 1m @ 6.63 g/t Au from 103 metres
CHB0158 11m @ 5.67 g/t Au from 24 metres
10m @ 17.7 g/t Au from 40 metres
1m @ 50.9 g/t Au from 27 metres
1m @ 170.7 g/t Au from 43 metres
CHB0159 14m @ 1.01 g/t Au from 19 metres
3m @ 4.72 g/t Au from 40 metres
3m @ 2.55 g/t Au from 22 metres
1m @ 11.8 g/t Au from 40 metres
CHB0165 3m @ 6.85 g/t Au from 121 metres 1m @ 15.0 g/t Au from 121 metres
• Further assays pending for the CW open pit, and the CSSW and Challenger 3 open pit targets
• Challenger DFS underway targeting a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna and Tolmer development optionality.

Challenger is the site of the Company’s fully permitted Central Gawler Mill (CGM). A Definitive Feasibility Study (DFS) is underway targeting an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s
historical high-grade underground mine, its mineralisation or its infrastructure access.

Commenting on the first Challenger assay results, Barton Managing Director Alexander Scanlon said:

“The Challenger open pit operated from 2002 to 2004, at a time of record low gold prices. Our drilling has been targeting 1-2 g/t Au mineralisation on open pit extensions to provide a source of lower-risk feed for Stage 1 operations.

 

“We were therefore surprised to find much higher-grade mineralisation than expected – up to 170 g/t Au – in previously unmodelled extensions of mineralisation immediately adjacent to the open pit.

 

“This mineralisation has not previously been drilled and is not closed off, indicating potential for further extensions and additional near-pit discoveries.

 

“This kind of on-pit, near-surface mineralisation adjacent to our existing Central Gawler Mill provides ideal low-risk feed to de-risk an operational restart at Challenger. We look forward to sharing further Challenger assays soon.”

.

To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Mining Review 19th April 2026

Ora Banda Mining and Wesdome Gold Mines both reported strong results.

Omai Gold increased its Mineral Resource Estimate.

.

.

City Investors Circle Mining Review 19th April 2026

Mining Review 19th April 2026

Ora Banda Mining and Wesdome Gold Mines both reported strong results.

Omai Gold increased its Mineral Resource Estimate.

All significant news from our watchlist companies from the last week is listed below, please click the links to read the full story.

  Ora Banda Reports Record Production and Cashflow in Q1

  Catalyst Metals’ Trident underground gold production nears

  Wesdome Announces Solid Results

  Orla Mining Falls on Union Concerns

  Omai Gold Increases Indicated Mineral Resources to 2.5m oz Au

  Horizon Minerals Becomes Maritana Minerals

  Mining Review 12th April 2026

Barton Gold (ASX: BGD)

Confirmed the completion of pit optimisation drilling at its South Australian Challenger Gold Project, adjacent to its wholly-owned Central Gawler Mil. Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork.

.

Photo courtesy of Barton Gold Hoildings.

.

.

Barton Gold Challenger DFS Pit Optimisation Drilling Complete

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm the completion of pit optimisation drilling at its South Australian Challenger Gold Project (Challenger), adjacent to its wholly-owned Central Gawler Mill (CGM). Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling (DD) was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork. These analyses will support the optimisation of Challenger open pit designs and operations. Together with 8,065m of recently completed RC drilling, Barton is targeting
conversion of existing open pit mineralisation (and new near-surface targets), to JORC (2012) ‘Indicated’ Resources and, subject to the completion of a Definitive Feasibility Study (DFS), to ‘Ore Reserves’.

The design concept of the DFS is to target an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s historical high-grade underground mine, its mineralisation or its infrastructure access.

Targeting Initial ‘Stage 1’ DFS & Ore Reserves conversion by H2 CY 2026

.
HIGHLIGHTS

• DFS underway following dual Challenger JORC (2012) Mineral Resources upgrades to 313koz Au, targeting JORC (2012) Ore Reserves conversion and a ‘Stage 1’ DFS by H2 CY 2026
• DFS objective to model a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna & Tolmer development optionality
• Following the recent completion of 8,065m reverse circulation (RC) Resource upgrade drilling, a total of 1,322m diamond drilling (DD) completed for open pit design and metallurgical optimisation
• First assays from recently completed Resource upgrade RC drilling expected imminently

.
Commenting on Challenger’s development drilling programs, Barton MD Alexander Scanlon said:

“We are pleased to have completed this program in support of Challenger’s ongoing DFS, and we thank Foraco Drilling for their safe execution despite the challenges of recent extreme rains across outback South Australia.

“Challenger’s significant open pit and near-surface gold mineralisation, immediately adjacent to our existing Central Gawler Mill, provides an ideal foundation for an initial ‘baseline’ operation that underwrites a lower-risk restart while maximising development optionality across the Challenger underground mine, Tarcoola, Tolmer and Wudinna.

“Foraco will now move on to development drilling programs at our neighbouring large-scale Tunkillia Gold Project.”

.

To read the full news release please click HERE

+++++++

The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Catalyst Metals (ASX: CYL)

Reported grade control drilling results at the Trident underground deposit, located on the Plutonic Gold Belt.

The soon to be completed open pit at the Trident gold deposit brings closer the step
change in Plutonic’s annual gold production from ±100 to ±200koz.

.

Plutonic Gold Mine – Courtesy of Catalyst Metals

.

.

Catalyst Metals’ Trident underground gold production nears with grade control results

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report grade control drilling results at the Trident underground deposit, located on the Plutonic Gold Belt.

The soon to be completed open pit at the Trident gold deposit brings closer the step
change in Plutonic’s annual gold production from ±100 to ±200koz

• Trident is an underground deposit located 30km north-east of the underutilised 2Mtpa
Plutonic processing plant
• It is one of five mines to be developed as part of Catalyst’s plan to increase annual gold production at Plutonic from ±100koz to ±200koz
• Mining of a small open pit, from which the underground decline will be established,
commenced at Trident in July 2025 and is expected to be completed in the coming weeks
• In preparation for underground mining, Catalyst has completed grade control drilling for the first 15 months of underground production
• Underground gold production from Trident is currently forecast to commence in CY2027
• Some of the results of this grade control drilling program are below:
o 17m at 42.7g/t Au o 9m at 17.0g/t Au o 23m at 3.7g/t Au
o 15m at 22.9g/t Au o 12m at 10.3g/t Au o 8m at 11.5g/t Au
o 13m at 23.7g/t Au o 18m at 5.8g/t Au o 11m at 7.4g/t Au
o 6m at 11.2g/t Au o 9m at 6.6g/t Au o 18m at 8.5g/t Au
• The results are as expected and support the high-grade, consistent and wide nature of
the Trident deposit
• Catalyst has now developed three mines on the Plutonic Belt – Plutonic East, Trident open pit and K2. Trident underground will be the fourth.

• In all these developments, Catalyst has deliberately brought forward grade control
investment.

In Catalyst’s view, this is key to de-risking early mining operations in the
project’s ramp up phase

• Trident Underground Reserves stand at 397koz at 5.0g/t Au and Resources stand at
795koz at 5.3g/t with an anticipated annual production rate of ±60koz for ±10 years

.
Catalyst’s Managing Director & CEO, James Champion de Crespigny, commented:

“Catalyst’s project team has now brought online three mines in 18 months.

 

“The Trident underground will be the fourth. These numerous projects have given us a repeatable formula for project development allowing the team to get better each time.

 

“This lowers risk giving us a greater chance of delivering on time and on budget.

.

“Numerous drill results demonstrating extensions to the Trident Resource and Reserve are yet to be reported. We look forward to reporting these as they become available.”

.

To read the full report please click HERE

+++++++

To view the latest share price and chart, please click HERE

To View Catalyst Metal’s historical news, please click here

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Catalyst Metals

.

Wesdome Gold Mines (TSX: WDO)

Announced its operating results for the three months ended March 31, 2026, Q1 2026.

The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.

.

Wesdome Gold Mines Kiena Mine, Quebec – Courtesy of Wesdome Gold Mines

,

WESDOME REPORTS SOLID FIRST QUARTER 2026 OPERATING RESULTS

.
Toronto, Ontario – April 14, 2026 – Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its operating results for the three months ended March 31, 2026 (“Q1 2026”).

The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.

.

Anthea Bath, President and Chief Executive Officer said,

“First quarter results were solid, in line with our expectations and on track for the full year,

 

“As planned, our 2026 production profile remains back-half weighted with 60% of Kiena’s annual production expected in the second half as we ramp to three mining areas, including 129, 136 and Presqu’île.

 

“Eagle River is anticipated to maintain consistent output throughout the year.

 

“In Q1, Eagle River demonstrated meaningful progress towards its fill-the-mill strategy, approaching nearly 800 tonnes per day – a 20% year-over-year increase – reflecting continued progress towards sustainable higher throughput levels and supporting our focus on leveraging fixed costs.

 

 

“The mine continues to operate consistently and safely with a focus on the areas of lateral development and maintenance. At Kiena, we’re seeing improvement.
Mining rates and throughput stabilized in the first quarter as concurrent stoping in Kiena Deep added operational flexibility.

“With the Presqu’île permit now secured, we’re advancing development of our newest mining area with the first stope beginning on schedule in late June – a key milestone that materially de-risks our second-half production profile. Mining grades at both Eagle River and Kiena tracked to reserve grade during the quarter.

 

 

“Grade at Eagle River was outside the 2026 guidance range as per our forecast due to the timing of mining sequencing. We remain confident in our full-year guidance as higher-grade zones are scheduled for the remainder of the year.

 

 

“Consistent with our capital allocation strategy, we deployed $49 million to repurchase 2.1 million shares year-todate, substantially completing our initial normal course issuer bid. We did so while advancing our organic growth initiatives and maintaining our balance sheet strength, with approximately $430 million in cash at the end of the
quarter.”

.

To read the full news release, please click HERE

.

——-

Horizon Minerals (ASX: HRZ)

Horizon Minerals has changed its name to Maritana Minerals, effective today.

The ticker symbol is now  MRT.AX.

.

Horizon Minerals Becomes Maritana Minerals

.

Horizon Minerals (ASX: HRZ)

Horizon Minerals has changed its name to Maritana Minerals, effective today.

The ticker symbol is now  MRT.AX.

To read the full news release please click HERE

 

——-

 To View Maritana Minerals’ latest share price and chart, please click HERE

..To View Maritana Minerals’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds no shares in Maritana Minerals.

.

G Mining Ventures  (TSX: GMIN)

G2 Mining Ventures and  G2 Goldfields (TSX: GTWO) announced that they have entered into a definitive agreement whereby GMIN will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement.

The Transaction will consolidate two adjacent gold projects in Guyana: G2’s Oko-Ghanie Project and GMIN’s fully permitted and fully financed Oko West Project.

.

Louis-Pierre Gignac, CEO, President and Director of GMIN, stated:

“Combining GMIN’s Oko West Project and G2’s Oko-Ghanie Project delivers on our stated vision to build and operate a large, long-life, Tier-1 asset in Guyana.

 

“These assets are highly synergistic, and we are well-positioned to accelerate value creation by leveraging our unique expertise in building and operating mines on schedule and on budget in the Guiana Shield, utilizing our deep knowledge of and network in the region to advancing permitting, and deploying our capital to build the mine.

 

“Once built, this mine has the potential to rank among the highest producing gold mines globally.

 

“We look forward to continuing to advance our ”Build, Operate and Explore for more“ strategy to create and unlock further value for GMIN shareholders.”

.

To read the full news release, please click HERE

.

=======

.

Mogotes Metals Inc. (TSX.V: MOG)

Announced that four drill rigs are currently drilling multiple porphyry and epithermal targets at the Company’s Mogotes Filo Sur project, that adjoins the southern limit of the large BHP / Lundin Filo Del Sol Copper-Gold-Silver resource in the Vicuña district.

.

Mogotes Metals Filo Sur vista – Credits Mogotes Metals

.

.

.

‍

.

Meeka Metals (ASX: MEK)

Provided a preliminary update on the March 2026 quarter at the Murchison Gold Project.

Gold production of 6,083oz in the March 2026 quarter (Dec-25 quarter: 9,174oz), production was impacted by significant rainfall which slowed open pit mining activities.

.

.

.

Meeka Metals Rain Affected March 2026 Quarter Update

.
Meeka Metals Limited (ASX: MEK) (“Meeka” or the “Company”) provides the following preliminary update on the March 2026 quarter at the Murchison Gold Project (“Murchison”).

.

Operations

• Gold production of 6,083oz in the March 2026 quarter (Dec-25 quarter: 9,174oz).
• Production was impacted by significant rainfall which slowed open pit mining activities and delayed access to high-grade ore in the Turnberry Central and South pits, resulting in an increased reliance on processing lower grade stockpiles.
• Processing throughput improved significantly to 123kt, a 37% increase on the December quarter (Dec-25 quarter: 89kt). This was a pleasing result as processing was impacted by the high moisture content of the oxide ore processed.
• Processing throughput in the June 2026 quarter is expected to be consistent with the March 2026 quarter as oxide ore continues to provide the majority of the process plant blend.
• Processing throughput is expected to increase in the September 2026 quarter as fresh ore from underground sources increasingly makes a higher proportion of the process plant blend.

Cash

• Cash increased to $50.1M at 31 March ($37.3M at 31 December 2025).

Fuel Supply

• The Company sources diesel under a long-term supply agreement with the largest transport fuel distributor and retailer in Australia.

As such, regular diesel deliveries are ongoing and the diesel supplier and key energy reliant service providers (aviation, explosives, freight) remain confident that there is sufficient fuel and other inputs to continue providing the contracted services.

.
Commenting on production, Meeka’s Managing Director Tim Davidson said:

“While it was a frustrating quarter from a production perspective, we saw significant improvement in process plant throughput, a 37% quarter-on-quarter increase in tonnes processed.

 

“This was achieved despite the moisture content of the oxide ore processed often being above 15%, which impacted the processing team’s ability to further lift the plant throughput.

 

“We expect to see continued improvement in plant throughput as the mill feed transitions to increasingly fresh ore from underground over the coming quarters.

 

“We will also see the benefit of the higher-grade ore from the Turnberry Central and South pits feeding the plant in the June 2026 quarter due to the weather-related access delays in the March 2026 quarter.”

.

To read the full news release, please click HERE

+++++++

To view the latest Meeka share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Meeka Metals. 

.

To read our full terms and conditions, please click HERE

Mining Review 5th April 2026

Another wobbly week for gold, after Donald Trump once again puts the skids under a recovery in the price with more war rants.

The major concern now is that some Australian miners may suffer from diesel rationing, affecting open pit miners more than underground.

.

.

City Investors Circle Mining Review 5th April 2026

Mining Review 5th April 2026

Another wobbly week for gold, after Donald Trump once again puts the skids under a recovery in the price with more war rants.

The major concern now is that some Australian miners may suffer from diesel rationing, affecting open pit miners more than underground. As investors we can only hope the Strait of Hormuz is opened up as soon as possible.

+++++++

News snippets from our watchlist companies for last week are pasted below, please click on the links to be taken to te full story.

 Western Gold Commenced Bore Drilling For Production

  Equinox Gold to Produce 540,000 Ounces of Gold PA

  Omai Gold Intersected 7.74 g/t Au over 13.5m at Wenot

  Benz Mining Made a High-Grade Gold Discovery at Kilkenny

  Market Review March 2026

  Wesdome Defined 10 Km of Prospective Strike at Eagle River

  Mining Review 29th March 2026

.

Market Data

Weekly Price Changes

(US$ unless stated)

.

Click HERE for live Spot Metal Prices 

+++++++.

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.