Westgold Post Record Half-Year Results

Westgold (ASX / TSX: WGX)

Posted Record half-year results with record production.

The high gold price enabled the company to declare record revenue of A$1.238 billion.

 

 

 

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Westgold

Beta Hunt Mine at night – Credits Westgold

 

 

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Westgold ASX / TSX: WGX
Stage Production + development
Metals Gold
Market cap A$6 Billion @ A$6.44
Location Western Australia
Website www.westgold.com.au

 

 

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Westgold Post Record Half-Year Results

 

Westgold (ASX / TSX: WGX) posted Record half-year results with record production.

The high gold price enabled the company to declare record revenue of A$1.238 billion.

A corporate presentation featuring the results can be read HERE

 

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

 

.To View Westgold’s historical news, please click here

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

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=======

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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 Westgold.

.

To read our full terms and conditions, please click HERE

 

 




Mining Review 8th March 2026

Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

 

 

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Heliostar

 

 

 

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Mining Review 8th March 2026

 

 

Mining Review 8th March 2026

Catalyst Metals and Ora Banda Mining posted strong H1 results.

Fuerte Metals and Orla Mining advanced their development projects.

Gold stocks in my portfolio were mainly down as a result of the 2% fall in price of the gold. I am not taking any action, as Charlie Munger once said, “time in the market beats timing the market”.

In my experience that is mainly the case, over time the markets rise, and I have never been good at trying to time trades so sitting and holding is my preferred method of increasing my portfolio value.

 

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The price of gold fell in US dollar terms, but the UK pound price actually increased as a result of a fall in the value of the pound versus the dollar.

This highlights the store of value offered by gold to investors in a country such as the UK where the government is felt to be running the economy down, and in a way negative to growth and business entrepreneurship.

Silver and palladium took huge hits, dropping 9.95% and 12.16% respectively.

n general this was another week of precious metals volatility, despite the US and Israeli attacks on Iran continuing, and the price of oil rising fast.

 

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  Caprice Resources Defined a New Targets at Vadrians

  Catalyst Metals Posted Strong Half Year Results

  Ora Banda Mining Reported Record Half Year Results

  Fuerte Metals Awarded a Contract for the Coffee Gold Project’s Northern Access

  Orla Mining Filed an  Updated Technical Report for South Railroad

  Market Review For February 2026 Published

  Mining Review 1st March 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices Price Weekly % change
Gold price in UK £ £3857 0.52%
Gold in AUD$ A$7357 -0.81%
Gold 5172 -2.01%
Silver 84.34 -9.95%
Palladium 1611 -12.16%
Platinum 2145 -8.06%
Rhodium 11600 3.34%
Copper 5.76 -3.68%
Nickel 7.93 -3.06%
Zinc 1.5 -2.60%
Tin 22.64 -0.75%
Cobalt 25.53 0.00%
Lithium 22107 3.22%
Uranium 86.15 -3.15%
Iron Ore 101 2.02%
Coking Coal 230 -6.50%
Thermal coal 136 16.24%

Click HERE for live Spot Metal Prices 

 

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City Investors Circle is based in the financial district in the City of London

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 some of the companies mentioned.

.

To read our full terms and conditions, please click HERE




Caprice Resources Defines New Targets at Vadrians

Caprice Resources (ASX: CRS)

Reported initial results from air core drilling completed at the Island Gold Project.

A total of 161 AC holes systematically tested the easterly banded iron formation (BIF) corridor north and south of the Vadrians deposit.

 

 

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Caprice Resources

Caprice Resources project map – Courtesy of Caprice Resources

 

 

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Caprice Resources ASX: CRS
Stage Exploration
Metals Gold
Market cap A$67 million  @A$0.095 c
Location Western Australia
Website www.capriceresources.com

 

 

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Caprice Resources  – Air Core Drilling Defines New targets at Vadrians

 

Caprice Resources Ltd (ASX: CRS) (Caprice or the Company) is pleased to report initial results from air core (AC) drilling completed at the Island Gold Project (IGP, Island or the Project).

A total of 161 AC holes systematically tested the easterly banded iron formation (BIF) corridor north and south of the Vadrians deposit.

This area hosts numerous historical gold workings with structural and geological settings analogous to Vadrians.

Results from the first 71 AC holes returned from the southern half of the Island Gold Project, drilled on nominal 200m line x 40-80m on-line spacings, has confirmed anomalous gold across four significant target areas south of Vadrians.

Given the semi-depleted nature of gold in the weathered profile near surface observed at Vadrians broad scale low amplitude AC gold anomalism can be suggestive of the potential for higher grade mineralisation in the fresh rock beneath.

These encouraging new targets will be followed up with deeper reverse circulation (RC) drilling which is currently being planned.

 

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HIGHLIGHTS

• Air core drilling successfully defines multiple early-stage gold targets south of Vadrians, expanding the potential of the Island Gold system and generating several follow up areas for testing with deeper RC drilling.
• Four priority southern targets delineated, comprising:
– First Light: 200m of anomalous strike associated with northwest cross-cutting structure:
▪ 8m at 1.27 g/t gold from 56m downhole in 25IGAC048
– Evening Star: 250m of anomalous strike directly south of Vadrians:
▪ 4m at 1.41 g/t gold from 44m downhole in 25IGAC018, and
▪ 4m at 1.01 g/t gold from 16m downhole in 25IGAC027
– Eureka: 250m of anomalous strike directly south of Baxter:
▪ 4m at 1.78 g/t gold from 28m downhole in 25IGAC011
– Chicago: 300m of anomalous strike directly south of Evening Star:
▪ 4m at 0.85 g/t gold from 28m downhole in 25IGAC043 where the hole ended in
mineralisation
• Phase 4 drilling is complete, with assays pending for 5 diamond holes including RC pre-collars
and remaining 90 AC holes. Results expected throughout March 2026.
• Follow-up RC drilling is underway, targeting northern strike extensions and depth continuity
at Vadrians. Assays pending.
• Further air core drilling currently being planned to test additional high-priority targets
identified through gravity and magnetics.

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To read the full news release please click HERE

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The latest Caprice share price and chart can be viewed HERE

 

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

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

.

To read our full terms and conditions, please click HERE




Catalyst Metals Posts Strong Half Year Results

Catalyst Metals (ASX: CYL)

Reported its financial results for the half-year ended 31 December 2025.

Catalyst’s record half-year result was driven by a strong operating performance at Plutonic, with December quarterly production being the highest recorded under Catalyst ownership.

 

 

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Catalyst Metals ASX : CYL
Stage Exploration / development
Metals Copper / Gold
Market cap A$1.92 Billion   @ A$7.37
Location Murchison, Victoria,  Australia
Website www.catalystmetals.com.au

 

 

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Catalyst Metals Financial Results Half-year ended 31 December 2025

 

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report its financial results for the half-year ended 31 December 2025.

Catalyst’s record half-year result was driven by a strong operating performance at Plutonic, with December quarterly production being the highest recorded under Catalyst ownership.

These operating results and a realised gold price of A$5,855/oz (FY2025 H1: A$3,817/oz) saw revenue from Plutonic increase by 50% to A$267m (FY2025 H1: A$178m).

Net operating cashflows of A$134m (FY2025 H1: A$89m excluding Henty Gold Mine) were largely re-invested into exploration and progressing the development of Trident and K2. These are the third and fourth, of five mines, to be developed on the Plutonic Gold Belt as part of Catalyst’s organic growth strategy of increasing annual production to ±200koz of gold.

Catalyst ended the year with A$338m in liquidity, comprising cash and bullion of A$238m and an undrawn A$100m debt facility.

Highlights

• Net profit before tax from continuing operations of A$130m (before one-off legal
settlement cost of A$49m) vs A$63m in prior half-year
• EBITDA of A$145m vs A$76m in prior half-year
• Net profit after tax and extraordinary items of A$60m vs A$43m in prior half-year
• Gold sales of 45,586oz at a realised price of A$5,855/oz compared to 46,746oz3 sold at A$3,817/oz in the prior half-year
• Sales revenue was A$267m vs A$178m in prior half-year
• The half-year to 31 December can be characterised as follows:
• Catalyst’s first two years of Plutonic ownership concluded at 1 July 2025 – the
beginning of this reporting period. These first two years were focussed on
stabilising operations, building a team, growing mine lives, readying projects for
their development and clarifying the path to ±200koz pa
• The six months commencing 1 July 2025 was a period of capital investment to
commence the path to 200koz pa and as such Catalyst secured its financial position
in May 2025 by raising A$250m of capital
As a consequence, cash at bank has remained stable with operating cashflows reinvested into the following activities:
• Completion and ramp-up of Plutonic East;
• Advancing K2’s underground development;
• Development of the Trident open-pit;
• Exploration drilling to double Reserves on the Plutonic Belt to 1.5Moz1,2 of gold;
and
• De-risking future operations at Plutonic Main by improving the dewatering and
electrical infrastructure.

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To read the full report please click HERE

 

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

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

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City Investors Circle is based in the financial district in the City of London

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

.

To read our full terms and conditions, please click HERE

 

 




Ora Banda Reports Record Half Year Results

Ora Banda Mining (ASX: OBM)

Reported record revenues of Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million ) for the half -year ended 31 December 2025, a period during which the Group generated $18 4.0 million in operating cash flows.

 

 

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Ora Banda MIning

Site View – Courtesy of Ora Banda Mining

 

 

 

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Ora Banda ASX: OBM
Stage Production + development
Metals Gold
Market cap A$2.73 Billion @ A$1.42
Location Western Australia
Website www.orabandamining.com.au

 

 

 

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Ora Banda Mining – December 2025 – Half Year Results

 

 

Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda”, “Company”) is pleased to report on the financial and operating activities of the Company and its subsidiaries (“Group”) for the half -year ended 31 December 2025 – a period during which the Group generated $18 4.0 million in operating cash flows, which continues to be reinvested in the Group ’s growth projects.

 

H1 FY2 6 Highlights:

• Record revenues of $ 336.3 million (H1 FY2 5: $186.4 million )
• EBITDA1 increased by 106% to $ 173.2 million
• Net Profit after Tax (NPAT) increased 89% to $ 96.3 million , including a $ 43.8 million (non -cash) tax expense in the current period (H1 FY25: nil)
• Cash flow from Operations increased 102% to $184.0 million
• Closing cash of $ 155.4 million (June 202 5: $84.2 million ), up $ 71.3 million
• Record six monthly gold sold of 62,583 oz (including attributable equivalent ounces) (H1 FY25 : 47,824oz)
• Sand King Underground achieved capital payback 12 months after establishing portal
• Put options executed during the period provides coverage over 150koz at A$6,000 exercise price over periods of January – June 2026 and October 2026 – October 2027

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The full news release can be viewed HERE

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To view Ora Banda’s latest share price and chart, please click HERE

 

.To View Ora Banda Mining’s historical news, please click here

.

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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 Ora Banda Mining.

.

To read our full terms and conditions, please click HERE

 

 




Fuerte Metals Awards Contract for the Coffee Gold Project’s Northern Access

Fuerte Metals (TSX.V: FMT)

Announced the award of the construction contract for the Northern Access Route, which will connect the Company’s flagship Coffee Gold Project to the City of Dawson and the Yukon highway network.

 

 

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Fuerte MEtals

 

 

 

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Fuerte Metals TSX.V: CAD
Stage Exploration
Metals Gold
Market cap Cad$1.28 billion @ C$10.60
Location Yukon, Canada
Website www.fuertemetals.com

 

 

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Fuerte Metals Awards Contract for the Coffee Gold Project’s Northern Access Route Construction

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Vancouver, British Columbia – March 4, 2026 – Fuerte Metals Corporation (TSXV: FMT, OTCQB:FUEMF) (“Fuerte” or the “Company”) is pleased to announce the award of the construction contract for the Northern Access Route (“NAR”), which will connect the Company’s flagship Coffee Gold Project (“Coffee” or the “Project”) to the City of Dawson and the Yukon highway network.

The NAR contract has been awarded to Cobalt Construction Inc. and represents a significant milestone for Coffee. Cobalt Construction is actively working with Tr’ondëk Hwëch’in to explore collaboration on this important aspect of the development of the Project, to reflect a cooperative approach between a Yukon-based contractor, a First Nation partner, and Fuerte.

The NAR marks the first stage of early infrastructure development, positioning the Company to make a final construction decision, anticipated in early 2027 following the release of an updated Feasibility Study and receipt of final mine permits.

The Northern Access Route is designed to provide safe and reliable access to the Coffee Gold Project and will be constructed in accordance with regulatory requirements and environmental and social commitments.

Equipment staging is underway, taking advantage of seasonal access windows, and construction activities will begin once the appropriate permits are issued by the Government of Yukon, who have guided toward permit issuance this spring.

 

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Tim Warman, CEO of Fuerte, stated:

“Awarding the Northern Access Route construction contract is an important step forward for Coffee.

 

“We are proud to be working alongside Tr’ondëk Hwëch’in and Cobalt Construction in delivering this critical infrastructure.

 

“This collaboration reflects our commitment to responsible development, local participation, and building strong partnerships in the Yukon.

 

“Yukoners will directly benefit from the work, and the Company will benefit from the deep knowledge of the region that our partners bring.

 

“With mobilization already underway, we are positioning the project for success as we move towards a final construction decision early next year.”

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The full news release can be viewed HERE

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To view Fuerte Metals’ latest share price and chart, please click HERE

 

.To View Fuerte Metals’ historical news, please click here

.

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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 Fuerte Metals.

.




Orla Mining Files Updated Technical Report for South Railroad

Orla Mining (TSX: OLA; NYSE: ORLA)

Announced that the Company has filed an updated independent technical report for South Railroad prepared in accordance with National Instrument 43-101.

The South Railroad Gold Project is located in Nevada, USA, and forms a part of the Company’s larger South Carlin Complex land package on the prolific Carlin Trend.

 

 

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Orla Mining

 

 

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Orla Mining TSX : OLA
Stage Development
Metals Gold
Market cap C$10 billion   @ C$29.67
Location Mexico + Nevada + Canada 
Website www.orlamining.com

 

Orla Mining Files Updated Technical Report for South Railroad Gold Project, in Nevada

 

 

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Vancouver, BC – March 2, 2026 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce that the Company has filed an updated independent technical report for South Railroad (the “South Railroad Technical Report”), which was prepared in accordance with National Instrument (“NI”) 43-101.

The South Railroad Gold Project (“South Railroad” or the “Project”) is located in Nevada, USA, and forms a part of the Company’s larger South Carlin Complex (“South Carlin”) land package on the prolific Carlin Trend.

The South Railroad Technical Report now includes a construction-ready feasibility study backed by advanced engineering and expanded metallurgical testing. Key enhancements include a two-stage crushing circuit for improved recoveries and a comprehensive execution plan to support the project’s transition into development.

The detailed technical report is now available on SEDAR+ and EDGAR under the Company’s profile at www.sedarplus.ca and www.sec.gov, respectively. The technical report is now also available on Orla’s website at www.orlamining.com.

Orla is currently transitioning to the execution phase, focusing on detailed engineering, construction readiness, and long-lead procurement. Full construction is expected to commence in mid-2026, pending the receipt of final project permits. The development is expected to be funded through operating cash flow and cash on hand. For further details, please refer to the summary highlights in the January 15, 2026, news release.

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To read the full news release, please click HERE

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To view Orla Mining’s share latest price and chart, please click HERE

 

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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 Orla Mining.

.

To read our full terms and conditions, please click HERE




Market Review For February 2026 Published

Market Review February 2026 published

City Investors Circle Market review for February 2026 has been published.

The highlighted company is Tajiri Resources.

 

 

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Tajiri Resources

Yono project location map – Courtest of Tajiri Resources

 

 

 

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City Investors Circle Market Review January 2026 published

 

Precious metals recovered after last month’s flash crash, with geopolitical tensions one of the drivers, dollar debasement being one of the others. Gold recovered and finished the month strongly.

 

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The highlighted company this month is minnow Tajiri Resources, located in Guyana.

The Yono project is sandwiched between G2 Goldfields Oko project, and G Mining Ventures Oko West projects, within 90 metres of confirmed gold mineralisation.

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Minerals 260 announced a $220 million investment by Franco Nevada into the Bullabulling gold project near Kalgoorlie in Western Australia.

Heliostar announced the first gold pout at the San Augustin mine in Mexico, and Lefroy Exploration commenced mining at the Lucky Strike gold mine in Western Australia.

 

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To read the February 2026 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of February’s news releases is listed below, click the link to be taken to the full story.

Archives

  West Red Lake Gold Reportsed219.73 g/t Au over 4.8m

  Lahontan Drilled High-Grade Oxide Gold From Surface at West Santa Fe

  Pacgold Reported High-Grade Gold in White Dam Drilling Results

  Lefroy Produced First Gold From the Lucky Strike Gold Mine

  Minerals 260 Announced Franco-Nevada$220 million Funding

  Benz Mining Accelerates The Glenburgh Growth Story

  Mining Review 22nd February 2026

  Orla Mining Released Positive Camino Rojo Underground PEA

  West Red Lake Gold Intercepted 84.3 g/t Au over 1m at Rowan

  Catalyst Metals Reported High-Grade Gold At Old Highway

  Horizon Minerals Halted for “Significant Capital Raise”

  Kaiser Reef Outlined a Strategic Plan For Henty and Maldon Gold Mines

  Minerals 260 Reported a 7m @ 12.7 g/t Au Intersect at Bullabulling

  Mining Review 15th February 2026

  Horizon Minerals Gold Mineral Resource Update

  Caprice Resources Discovered High-Grade Gold Veins at Vadrians

  Lefroy Commencesd Gold Mining at Lucky Strike

  Initiating Coverage Tiernan Gold

  Western Gold Prepares For Imminent Production

  Equinox Gold Reported Significant New AI-Supported Gold Discovery

  Mining Review 8th February 2026

  Heliostar Celebrated First Gold Pour from San Agustin Mine Restart

  Caprice Resources Reported high Gold Grades at Island

  Heliostar Files Prefeasibility Study for Cerro del Gallo Project

  Barton Gold Began The 2026 Tunkillia Drilling Program

  Ora Banda ReportsedExceptional Drilling Results at Round Dam

  Market Review January 2026 

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+++++++

 

City Investors Circle is based in the financial district in the City of London

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 may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE




Mining Review 1st March 2026

Mining Review 1st March 2026

Minerals 260 announced an investment of $220 million by Franco Nevada.

West Red Lake Gold Mines reported a high-grade gold intercept of 4.9 metres of 219.73 gpt gold.

 

 

.

West Red Lake Gold Mines

Drill core sample – By permission of West Red Lake Gold Mines.

 

 

 

City Investors Circle Mining Review 1st March 2026

 

 

Minerals 260 announced an investment of $220 million by Franco Nevada.

West Red Lake Gold Mines reported a high-grade gold intercept of 4.9 metres of 219.73 gpt gold.

 

+++++++

 

News from our other tier 1 and 2 watchlist companies is pasted below, click on the link to be taken to the full story.Archives

  West Red Lake Gold Reported 219.73 g/t Au over 4.8m

  Lahontan Drilled High-Grade Oxide Gold From Surface at West Santa Fe

  Pacgold Reported High-Grade Gold in White Dam Drilling Results

  Lefroy Exploration Produces First Gold From the Lucky Strike Gold Mine

  Minerals 260 Announced a Franco-Nevada$220 million Funding

  Benz Mining Accelerates The Glenburgh Growth Story

  Mining Review 22nd February 2026

 

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

 

Metal Prices 10326 Weekly % change
Gold price in UK £ 3837 1.29%
Gold in AUD$ 7417 3.16%
Gold 5278 4.99%
Silver 93.66 15.63%
Palladium 1834 0.38%
Platinum 2333 13.36%
Rhodium 11225 2.98%
Copper 5.98 4.00%
Nickel 8.18 4.34%
Zinc 1.54 1.32%
Tin 22.81 10.19%
Cobalt 25.53 0.00%
Lithium 21418 9.95%
Uranium 88.95 0.17%
Iron Ore 99 3.56%
Coking Coal 246 -0.40%
Thermal coal 117 -3.31%

Click HERE for live Spot Metal Prices 

 

+++++++

.

City Investors Circle is based in the financial district in the City of London

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 some of the companies mentioned.

.

To read our full terms and conditions, please click HERE




West Red Lake Gold Reports 219.73 g/t Au over 4.8m

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 Northwestern Ontario, Canada.

The results from Austin 904 Complex and South Austin presented in this update were all drilled from stations on the 13 Level of the Madsen Mine at approximately 650m depth.

 

 

.

West Red Lake Gold Mines

Drill core sample showing visible gold – Courtesy of West Red Lake Gold Mines Ltd.

 

 

.

West Red Lake Gold TSX.V : WRLG
Stage Production
Metals Gold
Market cap C$519m   @ C$1.31
Location Ontario, Canada
Website www.westredlakegold.com

 

 

 

,

West Red Lake Gold Reports 219.73 g/t Au over 4.8m, 148.36 g/t Au over 3m and 133.13 g/t Au over 2.5m in Austin 904 Complex – Madsen Mine

 

 

.

West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF)is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

 

 

.

Shane Williams, President & CEO, stated,

“The underground drills at Madsen continue to deliver impressive results from the 904 Complex in lower Austin – unlocking significant upside at depth.

 

“We view the 904 Complex in a similar light as the 4447 area in South Austin – where drilling in 2025 uncovered very high-grade lenses of gold mineralization and now constitutes a significant portion of the ounces in our 2026 mine plan.

 

“We are implementing the same strategy at 904 where drilling will continue to define this area during 2026 to bring into consideration for mine design and production in early 2027.

 

“An additional benefit to the lower Austin 904 Complex is that most of this 200 by 200 metre panel, as it’s currently defined, has seen very little mining historically leaving the main mineralized zone mostly intact – this is expected to allow for larger stopes and more efficient development and extraction from this high-grade area.

 

“The results received to date in 904 are highly encouraging and we look forward to advancing the drills deeper in this priority area of the mine.”

 

+++++++

 

The live Spot gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 West Red Lake Gold Mines.

.




Lahontan Drills High-Grade Oxide Gold From Surface at West Santa Fe

Lahontan Gold Corp. (TSX.V: LG)

Announced the final analytical results fromthe 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from Lahontan’s flagship asset, the Santa Fe Mine project, in Nevada’s prolific Walker Lane.

 

 

.

Lahontan Gold

Project vista – Courtesy of Lahontan Gold

 

 

.

Lahontan Gold TSX.V: LG
Stage Exploration / Development
Metals Gold
Market cap C$132m @ C$0.36
Location Nevada
Website www.lahontangoldcorp.com

.

LAHONTAN DRILLS HIGH GRADE OXIDE GOLD FROM THE SURFACE AT WEST
SANTA FE: 37m GRADING 3.11 g/t Au Eq INCLUDING 11m GRADING 5.75 g/t Au Eq

 

Toronto Ontario, February 24, 2026 – Lahontan Gold Corp. (TSX.V: LG, OTCQB:LGCXF, FSE:Y2F) (the “Company” or “Lahontan”) is pleased to announce the final analytical results from our 2025 maiden drilling program at the Company’s satellite West Santa Fe project, located only 13 km from Lahontan’s flagship asset, the Santa Fe Mine project, in Nevada’s prolific Walker Lane.

The assay results are from the final reverse-circulation rotary (“RC”) drill are summarized below:
• WSF25-04R: 36.6 metres (0.0 – 36.6m) grading 3.11 g/t Au Eq including 10.7 metres (1.5 – 12.2m) grading 5.75 g/t Au Eq from the surface, all oxide.

The drill hole emphasizes the high gold and silver grades associated with the South Zone at West Santa Fe.

– Also included in the intercept is a second high grade zone: 12.2m (22.9 – 35.1m) grading 3.67 g/t Au Eq.

– The grade and geometry of these intercepts correlate well with adjacent historic drill holes, further validating the historic drill hole database. Numbers may not total precisely due to rounding.

 

 

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

“The robust assay results from WSF25-04R confirm the high-grade core of the South Zone as defined by historic drilling and underground mine workings.

 

“We are continuing to model the West Santa Fe system to better understand the geology and geometry of gold and silver mineralization. The geologic team is also fine-tuning a followup RC drilling campaign to commence in Spring.

 

“Previous field work, including geologic mapping, rockchip sampling, and airborne magnetic surveys, confirms that the hydrothermal system at West Santa Fe extends at least 1,000 metres east of the main zone of gold and silver mineralization defined by Lahontan and historic drilling (please Lahontan Gold press release dated June 18, 2024).

 

“This possible extension of the main mineralized zone, plus untested down-dip extensions of gold and silver mineralization, will be the key targets of the Spring drilling campaign.

 

“West Santa Fe continues to be an exciting new exploration target for the Company, one with excellent potential to add important shallow, oxide gold and silver resource ounces to Lahontan’s mineral resource ledger.”

.

+++++++

The live Spot gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 Lahontan Gold.

.




Pacgold Reports High-Grade Gold in White Dam Drilling Results

Pacgold (ASX: PGO)

Announced positive high-grade gold results of the drilling programme designed to expand and upgrade the JORC 2012 Mineral Resource Estimate published in 2020 on the Company’s 100% owned White Dam Gold Project, 80km east of Broken Hill in South Australia.

 

 

.

Pacgold

White Dam project photos – Courtesy of Pacgold Ltd.

 

 

.

Pacgold ASX : PGO
Stage Exploration
Metals Gold
Market cap A$63m   @A$ 0.15
Location Queensland, Australia
Website www.pacgold.com.au

.

.

Pacgold Reports High-Grade Gold in Initial White Dam Resource Drilling Results

 

Resource drilling continuing to May and second rig on site for Heap Leach testwork

 

Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce the initial results of the drilling programme designed to expand and upgrade the JORC 2012 Mineral Resource Estimate (MRE) published in 2020 on the Company’s 100% owned White Dam Gold Project (‘the Project’), 80km east of Broken Hill in South Australia’s Olary Province.

HIGHLIGHTS

 WHITE DAM RESOURCE DRILLING PROGRAMME RAPIDLY ADVANCING – Reverse Circulation (RC) drilling to upgrade the Vertigo Mineral Resource Estimate (MRE) is 85% complete with 123 holes for 8,003m completed.

The drilling rig will then move to the Hannaford Pit, followed by White Dam North and Rolling Prospects.
 INITIAL ASSAY RESULTS CONFIRM HIGH GRADE GOLD AND STRONG CONFORMITY WITH MRE BLOCK MODEL – Infill RC drilling has been undertaken over a strike length of 500m at Vertigo to infill and upgrade the shallow gold mineralisation, with results strongly underpinning an anticipated MRE upgrade, including:
VRC001: 15m @ 1.6g/t Au and 0.48% Cu from 56m
incl. 1m @ 4.4g/t Au and 1.2% Cu from 60m
and 4m@ 2.9g/t Au and 0.79% Cu from 62m

SECOND RIG ON SITE TO UNDERTAKE DRILLING FOR METALLURGICAL TESTWORK ON HEAP LEACH PAD – A Sonic rig is now onsite and will begin work on drilling out the existing Heap Leach pad for metallurgical testwork and grade estimation on the remaining ore.

 

 

..

Pacgold’s Managing Director, Matthew Boyes, commented:

“Our exploration and development teams are rapidly advancing with resource drill-outs. Concurrently, we are looking to firm up potential shallow, low-cost, and easily accessible ore.

 

“By bringing this ore forward in our mine optimisation and schedules, we can help reduce early working capital requirements while we strip back the main pits at Vertigo and Hannaford to access these primary orebodies.

 

“Once each pit has been drilled to our satisfaction, new resource models and pit optimisation studies will be completed.

 

“The Company is targeting early Q3 2026 to finalise this work. Subsequently, we can move forward with our permit submissions to mine the White Dam North resource and expand the footprint of the existing Hannaford and Vertigo pit operations.

 

“2026 has commenced with the team successfully meeting all our goals. With the pad now under irrigation and the re-crush of the final lift set to begin this quarter, we are consistently hitting all our operational milestones.

 

“We look forward to achieving our first production as we continue the rapid transition from explorer to producer.”

,

To read the full news release, please click HERE

 

+++++++

 

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

 

The Spot gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 Pacgold

.




Lefroy Produces First Gold From the Lucky Strike Gold Mine

Lefroy Exploration (ASX: LEX)

Reported on the Company’s first gold production from the Lucky Strike Gold Mine near Kalgoorlie in Western Australia.

The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for 36,200 oz).

 

 

.

Lefroy Exploration

Drilling at Lucky Strike – Credits Lefroy Exploration Ltd.

 

 

.

Lefroy Exploration ASX: LEX
Stage Exploration
Metal Gold
Market cap A$71 m @ 28.5  cents
Location Kalgoorlie, Western Australia
Website www.lefroyex.com

.

Lefroy Reports First Gold Produced from the Lucky Strike Gold Mine

 

23 February 2026

Lefroy Exploration Limited (“Lefroy” or “the Company”) (ASX: LEX) is pleased to report on the Company’s first gold production from the Lucky Strike Gold Mine near Kalgoorlie in Western Australia.

The Lucky Strike Gold Deposit contains an MRE of 1.27Mt @ 1.95 g/t Au for 79,600 ounces (Indicated 0.70Mt @ 1.93 g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97 g/t Au for 36,200 oz).

HIGHLIGHTS

• Toll milling campaign for the Lucky Strike Gold Mine well underway.
• First three gold doré bars shipped to the Perth Mint Refinery for completion of
final refining.
• Additional stocks of ore at both the Lucky Strike and mill ROM pads for
processing at the FMR Greenfields plant in Coolgardie
• The first toll milling campaign is scheduled to be completed towards the end of
February.
• Additional toll-milling capacity for the Lucky Strike Gold project is being
negotiated with further announcements imminent.

 

 

 

LEFROY CEO, GRAEME GRIBBIN, COMMENTED:

“Production of our first gold doré bars from the Lucky Strike Gold Project is a culmination of 10 years hard work by past and present Lefroy employees and management, from early exploration efforts, formulation of the first mineral resource estimate, through to more recent collaborations with BML ventures to facilitate funding and commencement of first production.”

 

“Together with past and present shareholders and investors of Lefroy, whose funding and support have made this possible, I am pleased that the Company is now on the brink of delivering significant value to current shareholders, not just from Lucky Strike, but through realising value from our 1million ounce gold resource base across the broader Lefroy Project.”

.

To read the full news release, please click HERE

 

+++++++

.

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

 

To View Lefroy Exploration’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 Lefroy Exploration

.

To read our full terms and conditions, please click HERE




Minerals 260 Announce Franco-Nevada$220 million Funding

Minerals 260 (ASX: MI6)

Announced that it has signed a $220 million strategic funding package with Franco-Nevada Corporation to accelerate and de-risk the development of the 4.5Moz Bullabulling Gold Project, located 65km from Kalgoorlie in Western Australia.

 

 

.

Bullabing Gold Project – Courtesy of Minerals 360

 

 

.

Minerals 260 ASX: MI6
Stage Exploration, development
Metals Gold
Market cap A$1.14 billion   @  A$0.53c
Location Western Australia
Website www.minerals260.com.au

 

 

.

MInerals 260 Announce $220 million Strategic Funding Agreement with Franco-Nevada to Accelerate The Development of the Bullabulling Gold Project

 

Minerals 260 Limited (ASX:MI6) (“Minerals 260” or “the Company”) is pleased to announce that it has signed a $220 million strategic funding package with Franco-Nevada Corporation (“Franco-Nevada”) to accelerate and de-risk the development of the 4.5Moz Bullabulling Gold Project (“Project”), located 65km from Kalgoorlie in Western Australia.

 

(Unless otherwise stated, all dollar values are in Australian dollars.)

 

.

Highlights

• Franco-Nevada’s wholly-owned subsidiary, Franco-Nevada Australia Pty Ltd, will pay $170 million in exchange for increasing its total royalty over the Project to 2.45% (currently a 1.00% royalty exists over certain Project tenements).
• Franco-Nevada will also invest $50 million by subscribing for 111,111,111 fully paid ordinary shares (“Shares”) in Minerals 260 at an issue price of 45 cents per share, a 7% premium to Minerals 260’s last closing price. Franco-Nevada will hold 4.9% of shares on issue following this investment.
• Funding secured on highly attractive terms, validating the quality of Bullabulling as one of Australia’s leading gold development projects.
Represents the largest ever investment in Australia by Franco-Nevada following extensive due diligence completed on the resource, metallurgy, hydrology, project development and permitting.
• Transformational funding package for Minerals 260 by securing significant funds ahead of the completion of the Pre-Feasibility Study (“PFS”) and de-risks the outlook for future Project financing.
• Funds will be used to accelerate and de-risk the development of Bullabulling. Construction of an initial 400-room village, procurement of long lead items, commencement of site early works, commencement of DFS activities and expansion of the drilling program will all be accelerated.

 

 

.
Management Comments

.

Minerals 260 Managing Director, Luke McFadyen, commented:

“This is a fantastic outcome for Minerals 260 and our shareholders.

 

“Securing a $220 million funding package with the world’s leading gold royalty company at this early stage of Bullabulling’s development is a major endorsement of the project and a milestone that will allow us to accelerate the Project towards production, expand our exploration strategy and de-risk our funding pathway.

 

“Franco-Nevada is an existing royalty holder and expanding our relationship with this financing is highly value accretive relative to other available funding options.

 

“Their extensive due diligence across all areas of the Project validates Bullabulling as one of the leading gold projects in Australia.”

.

To read the full news release please click HERE

 

——-

.

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

.

.To View Minerals 260’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 Minerals 260

.

To read our full terms and conditions, please click HERE

.




Benz Mining Accelerates The Glenburgh Growth Story

Benz Mining (TSX.V: BZ, ASX: BNZ)

Reported on exploration activities and planned work at the Glenburgh Gold Project, Western Australia.

 

 

.

Benz Mining

Glenburgh project map – Courtesy of Benz Mining.

 

 

.

Benz Mining ASX: BNZ   / TSX.V: BZ
Stage Exploration
Metals Gold
Market cap A$890 million  @A$3.03
Location Western Australia
Website www.benzmining.com

 

 

Benz Mining Corp (TSXV: BZ, ASX: BNZ) (“Benz” or the “Company”) is pleased to report on exploration activities and planned work at the Glenburgh Gold Project, Western Australia.

 

HIGHLIGHTS:

▪ Funded to accelerate Glenburgh exploration through 2026
▪ A$94 million pro forma cash following the recent A$75 million bought deal
▪ 2025 geological work has transformed Glenburgh into a coherent district-scale system
▪ The granted Mining Lease is now resolved into three major gold camps, each large enough to be a substantial gold project in its own right
▪ 2026 drilling to be executed across all three camps:
▪ Hurricane Camp (Hurricane, Zone 102, Zone 126, NE3): high-grade growth drilling
and targeting the next Zone 126-style discovery
▪ Icon Camp (Icon, Tuxedo, Apollo, Mustang, Shelby): systematic testing of the
>3km Icon trend to approximately 300–500m, supporting bulk-tonnage scale
open-pit potential
▪ Thunderbolt Camp (Torino, Thunderbolt): new exciting growth front for Benz – firstpass drilling planned to approximately ~500m, following limited historical drilling to
<100m
▪ Thunderbolt introduced as a third camp-scale opportunity on the Mining Lease.

 

.

.
Benz CEO, Mark Lynch-Staunton, commented:

“Glenburgh has reached a genuine inflection point.

 

“Over the past 12 months, Benz has done the hard technical work required in high-grade metamorphic terrain – integrating drilling, mapping and structural interpretation – to move Glenburgh from a set of historical prospects into a coherent geological system that can now be targeted systematically.

 

“The standout outcome is Thunderbolt – a new camp-scale opportunity on the Mining Lease that has been largely overlooked historically due to shallow transported cover and limited drilling.

 

“We believe it sits within the same geological architecture as the outcropping camps, and we are genuinely excited by the scale of the opportunity it represents as a new growth front for the project.

“With A$94 million pro forma cash, Benz is funded to move fast, with >250,000 metres of drilling planned in 2026 across exploration and resource definition.

 

“This program will accelerate drilling across the Mining Lease, expand regional target generation across the broader district trend, and progress scoping-level work in parallel.

 

“Glenburgh has an advanced permitting position and extensive historical feasibility-level studies, giving us a strong foundation to build on as the resource grows.”

.

To read the full news release please click HERE

.=======

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

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 Benz Mining.

.

To read our full terms and conditions, please click HERE

 




Orla Mining Release Positive Camino Rojo Underground PEA

Orla Mining  (TSX: OLA)

Announced positive results of a Preliminary Economic Assessment for the underground project at its Camino Rojo Mine located in Zacatecas, Mexico.

The PEA evaluates the technical and economic potential of a stand-alone, underground development project beneath the existing Camino Rojo open pit operation.

 

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Orla Mining Camino Rojo plant

Orla Mining heap leach pad, Solution pond, and Merrill-Crowe plant – Credits Orla Mining Ltd.

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Orla Mining TSX : OLA
Stage Development
Metals Gold
Market cap C$6.67 billion   @ C$22.58
Location Mexico + Nevada + Canada 
Website www.orlamining.com

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Orla Mining Release Positive Camino Rojo Underground PEA 

 

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Vancouver, BC – February 19, 2026 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce positive results of a Preliminary Economic Assessment (the “PEA” or the “Study”) for the underground project (the “Project”) at its Camino Rojo Mine (“Camino Rojo”) located in Zacatecas, Mexico.

The PEA evaluates the technical and economic potential of a stand-alone, underground development project beneath the existing Camino Rojo open pit operation and outlines a potential pathway toward development of a larger-scale and long-life underground mining operation and processing facility.

All amounts expressed in U.S. dollars unless otherwise stated. 

 

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Camino Rojo Underground PEA Highlights

  • Underground Sulphide Expansion Beyond Oxides Open Pit: The PEA outlines a pathway to develop an additional, standalone operation at Camino Rojo beyond the current open pit heap leach operation through development of an underground mining operation supported by its own crushing, grinding, and flotation circuits producing saleable concentrates.
  • Robust Economics Across Gold Price Scenarios:
    • Net Present Value (“NPV”)5% of $1.3 billion and 30% internal rate of return (“IRR”) at $3,100/oz gold price (after-tax).
    • NPV5% of $3.3 billion and 61% IRR at $5,000/oz gold price (after-tax)¹.
  • Capital Efficient Growth Opportunity: The Project demonstrates strong capital efficiency with an after-tax NPV to initial capital ratio of 5.5:1 at $5,000/oz gold, highlighting the leverage of the underground expansion to gold prices.
  • Strong Production Profile and Optimal Margins: Average annual gold production over the first 10 years is projected to be 215,000 ounces, with an expected average all-in sustaining cost (“AISC”)² of $1,304 per payable ounce of gold. 
  • Phased DeRisking Strategy: A phased de-risking program through 2026 will advance optimization studies, exploration decline development, and staged underground drilling to build technical and resource confidence ahead of a construction decision. The Company intends to complete a pre-feasibility study (“PFS”) for the Project in 2027. 
  • Exploration Growth Potential Beyond Current Study:  Since 2020, 110,000 metres of drilling have advanced Camino Rojo into a de-risked underground project with over 4 Moz gold equivalent (“AuEq”)3in measured and indicated (“M&I”) Mineral Resources, defining higher-grade zones, extending mineralization at depth with Zone 22, and reinforcing strong district-scale growth potential.

 

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Jason Simpson, Orla’s Chief Executive Officer said’,

“A multi-year program of drilling and test work underpins this initial underground expansion study, highlighting the potential opportunity beyond the current oxide heap leach operation.

 

“The work represents an important milestone as the Project advances towards a future construction decision.

 

“Supported by a solid base case PEA and with the deposit remaining open in Zone 22, the Project offers continued growth potential and the basis for a multi-decade mining complex in Mexico.”

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To read the full news release, please click HERE

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To view Orla Mining’s share latest price and chart, please click HERE

 

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

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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.

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Disclosure

At the time of writing the author holds shares in Orla Mining.

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To read our full terms and conditions, please click HERE




West Red Lake Gold Intercepts 84.3 g/t Au over 1m at Rowan

West Red Lake Gold  (TSX.V: WRLG)

Announced drill results from its fully funded infill and conversion drilling program at the 100% owned Rowan Project.

Highlights included 141.5  grams per tonne (“g/t”) gold (“Au”) over 1 metre (“m”), 55.8 g/t Au over 1m, and 28.5 g/t Au over 1m.

 

 

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West Red Lake Gold Mines

Madsen Mill – Courtesy of West Red Lake Gold Mines

 

 

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West Red Lake Gold TSX.V : WRLG
Stage Production
Metals Gold
Market cap C$455m   @ C$1.15
Location Ontario, Canada
Website www.westredlakegold.com

 

 

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West Red Lake Gold Intercepts 84.3 g/t Au over 1m, 14.4 g/t Au over 5.5m and 24.4 g/t Au over 1.5m at Rowan

 

 

 

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West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce drill results from its fully funded infill and conversion drilling program at the 100% owned Rowan Project located in the Red Lake Mining District of Northwestern Ontario, Canada.

 

 

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Shane Williams, President & CEO, stated,

“We continue to view Rowan as a key piece in our vision for creating a district-scale hub and spoke operation in Red Lake and the assay results received to date from the current drilling program are further reinforcing our confidence in this high-grade satellite deposit.

 

“While the current drill program at Rowan is focused on infill to prepare for the upcoming planned Pre-Feasibility Study, our Geology team sees excellent potential for continuing to expand this deposit along strike and at depth.

 

“Red Lake gold systems have deep roots and we believe the vein system at Rowan will continue to grow with additional drilling.

 

“West Red Lake is fortuitous to have a portfolio of 100% owned quality assets in a premier jurisdiction that will support our vision of becoming a 100,000 ounce per year gold producer in Red Lake by 2028.”

 

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The results featured in this new release are focused on the high-grade Rowan vein system and are in addition to the intercepts recently announced on January 29, 2026 which highlighted 141.5  grams per tonne (“g/t”) gold (“Au”) over 1 metre (“m”), 55.8 g/t Au over 1m and 28.5 g/t Au over 1m. 

A total of thirty-eight (38) holes for approximately 6,300m were completed at Rowan in the current drilling program.

Fire assay gold results have been reported for fourteen (14) holes. Results are pending for nineteen (19) holes with five (5) holes currently being logged and prepared for sample shipment.

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ROWAN DRILLING HIGHLIGHTS:

  • HoleRLG-25-198 Intersected Vein 006b footwall with 1m @ 84.3 grams per tonne gold (“g/t Au”), from 67.35m to 68.35m. This high-grade intercept was complimented by visible gold spatially associated with quartz veining and strong silicification. see picture below.

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West Red Lake Gold Mines

Drill core from Rowan – Credits West Red Lake Gold Mines

 

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The live Spot gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

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=======

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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.

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Disclosure

At the time of writing the author holds shares in West Red Lake Gold Mines.

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Catalyst Metals Reports High-Grade Gold At Old Highway

Catalyst Metals (ASX: CYL)

Reported positive drilling results from the Old Highway gold deposit, located 40km south of the Plutonic Belt.

The results are from a drilling program targeting extensions of mineralisation outside of the Resource envelope.

 

 

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Plutonic gold mine – Courtesy of Catalyst Metals

 

Drilling at Old Highway gold deposit demonstrates growth potential at depth

 

 

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Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report drilling results from the Old Highway gold deposit, located 40km south of the Plutonic Belt.

The results are from a drilling program targeting extensions of mineralisation outside of the Resource envelope.

 

Highlights

26m at 5.9g/t Au, 300m below the existing Resource encourages
further exploration
• Old Highway is an undeveloped gold project located 40km south-west of the underutilised Plutonic processing plant, along the Great Northern Highway
• It sits on existing mining leases and has a Resource (underground and open pit) of 206koz at 3.0 g/t Au, including a higher-grade underground component of 140koz at 4.6 g/t gold
• A Reserve of 140koz at 3.2 g/t Au underpins a four-year mine life at annual steady state gold production of 35kozpa3
• In late 2025, drill rigs were mobilised to Old Highway with a view to growing the Resource and extending mine life beyond the initial four years
• Much of the historical drilling at Old Highway has been shallow (less than 200m). Drilling at depth by Catalyst has returned a number of high-grade assays which indicate the potential for the deposit to grow
• Results include:
o 26m at 5.9g/t Au o 8m at 10.5g/t Au o 22m at 3.1g/t Au
o 21m at 3.2g/t Au o 30m at 2.2g/t Au o 10m at 5.3g/t Au
o 3m at 16.7g/t Au o 5.5m at 5.2g/t Au o 14m at 3.0g/t Au
• Old Highway will be the fifth deposit to be developed by Catalyst in its plan to grow gold production from ±100koz pa to ±200koz pa
• The development plan will mirror Catalyst’s Trident development – a small, self-funded
open pit followed by a longer life, high-grade underground mine – giving Catalyst
confidence in reducing future development risk
• Catalyst is currently progressing approvals in line with its expected timeline

 

 

 

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

“Plutonic is a very large mineral system.

 

“Catalyst is investing the money to daylight the historically high-grade deposits that have laid neglected through many years of foreign distracted owners.”

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To read the full report please click HERE

 

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

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

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City Investors Circle is based in the financial district in the City of London

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

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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.

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Disclosure

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

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To read our full terms and conditions, please click HERE




Horizon Minerals Halted for “Significant Capital Raise”

Horizon Minerals (ASX: HRZ)

Has requested a trading halt to the ASX, due to a “significant capital raise” announcement to be made by the company.

The company has launched a A$175 million underwritten placement at a discounted price of A$1.08 per share.

 

 

Horizon Minerals

Photo courtesy of Horizon Minerals

 

 

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Horizon Minerals ASX: HRZ
Stage Development, Production
Metals Gold,Nickel, Cobalt
Market cap A$260 million @ A$1.24
Location Kalgoorlie, Western Australia
Website www.horizonminerals.com.au

 

 

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Horizon Minerals Halted for “Significant Capital Raise”

 

 

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Horizon Minerals (ASX: HRZ) has requested a trading halt to the ASX, due to a “significant capital raise” announcement to be made by the company.

The company has launched a A$175 million underwritten placement at a discounted price of A$1.08 per share.

Please see the announcement link HERE.

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 To View Horizon Mineral’s latest share price and chart, please click HERE

 

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

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

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

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=======

,

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 Horizon Minerals.

.

To read our full terms and conditions, please click HERE

 

 




Kaiser Reef Outlines Strategic Plan For Henty and Maldon Gold Mines

Kaiser Reef (ASX: KAU)

Provided an update on its Strategy and Plan for the Henty Gold Mine and the Maldon Gold Project.

Production run-rate target for the Henty Gold Mine is increased to 35kozpa Au from late FY‘27.

 

 

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Kaiser Reef

Henty Gold mine, Tasmania – Credits Kaiser Reef

 

 

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Kaiser Reef ASX : KAU
Stage Production, Development, Exploration
Metals Gold
Market cap A$202 million   @ A$0.34
Location Victoria, Tasmania
Website www.kaiserreef.com.au

 

 

 

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Kaiser Reef Outlines Strategic Plan For Henty and Maldon Gold Mines

COMPANY UPDATE

 

Kaiser Reef Limited (ASX: KAU) (“Kaiser” or “the Company”) is pleased to provide an update on its Strategy and Plan for the Henty Gold Mine (Henty) and the Maldon Gold Project (Maldon).

 

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HIGHLIGHTS

HENTY GOLD MINE
Production run-rate target increased to 35kozpa Au from late FY‘27
Continued investment in the Mine and Processing Plant, including maintaining the second diamond drill targeting Resource and Reserve Growth

Near Mine Exploration, to leverage off existing infrastructure, to commence H1 FY’27
Regional exploration to commence H2 FY’27

 

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MALDON GOLD PROJECT

Systematic strategy to unlock Maldon’s district-scale potential via concurrent workstreams: generating new targets, drilling priority targets and advancing Union Hill
towards potential production

Processing continuing with low-grade base load, running 2 shifts from April
Data compilation, supporting district scale approach, progressing well
On-ground target generation commencing this quarter with soil sampling at North Maldon

Permitting commenced to allow surface drilling (and low-grade reclamation) at Nuggetty
Other targets being worked up for permitting and drilling, including South Nuggetty and
Porcupine Flat
Works re-establishing Union Hill services (power, water, air) for rehabilitation, and drill position development, in progress

Drill positions UG at Union Hill expected to be available during Q1 FY’27 targeting ore development, at Union Hill, in parallel with rehabilitation work and exploration drilling, commencing H2 FY’27

 

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BALANCE SHEET MANAGEMENT

All works to be self-funded, with a portion of Kaiser’s underlying cash flow from operations allocated to Growth and Resilience

Exploration works on a campaign basis at both Henty and Maldon (excluding the second UG diamond drill at Henty)

Union Hill rehabilitation and development on a single crew basis

 

 

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Kaiser’s Managing Director, Brad Valiukas, commented:

“Kaiser has transformed, over the last nine months, into 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.

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To read the full news release please click HERE

 

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

 

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

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City Investors Circle is based in the financial district in the City of London

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