Ascot Resources (TSX: AOT)
Provided an update on the progress of the Premier gold project following an initial review conducted by president and chief executive officer Jim Currie and his management team. Continue reading
Tag Archives: gold
Capricon Expands Mt Gibson Project Tenure
Capricorn Metals (ASX: CMM)
Advised that it has entered into a binding agreement with Top Iron Pty Ltd to acquire the prospective Mummaloo Project tenements and physical assets.
The Mummaloo Project covers approximately 219 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project. Continue reading
American Creek Further Extends the Plan of Arrangement
American Creek Resources (TSXV: AMK)
Has entered into a second amendment agreement with Cunningham Mining to amend the previously announced arrangement agreement between the Purchaser and the Company dated September 5, 2024, as amended December 30, 2024 pursuant to which, among other things, the Purchaser will acquire all of the issued and outstanding common shares of American Creek by way of a statutory plan of arrangement. Continue reading
Mining Review 2nd February 2025
Mining Review 2nd February 2025
Calibre Mining celebrated its one millionth ounce of gold produced in Nicaragua.
Gold Road Resources, G Mining Ventures, and Ora Banda Mining all gave a positve outlook and guidance for 2025. Gold hit $2,800 late Friday.
Mining Review for January 2025 Published
Mining Review January 2025
City Investors Circle Mining Review for January 2025 has been published.
The highlighted company is Catalyst Metals.
Companies reporting good news included Calibre Mining, Orla Mining, Gold Road Resources and Ora Banda mIning. Continue reading
Awalé Hits 2.5 g/t Gold Eq. over 34m at the BBM Zone
Awalé Resources (TSX.V: ARIC)
Reported results from the first two diamond drill holes completed as part of an expanded drill campaign targeting the BBM zone at the Odienné Project in the Ivory Coast. Continue reading
Calibre Pours its One-Millionth Ounce of Gold in Nicaragua
Calibre Mining (TSX: CBX)
Announced a milestone, it has produced its one-millionth ounce of gold in Nicaragua since Q4 2019.
The company also announced a maiden Mineral Resource estimate for its Talavera Gold Deposit, located close to it’s Limon Mill, which includes 3,847,000 tonnes of Inferred Mineral Resource averaging 5.09 g/t Au, yielding 630,000 ounces of gold. Continue reading
West Red Lake Gold Has New Targets from Surface Sampling
West Red Lake Gold Mines (TSX.V: WRLG)
Announced positive results from the 2024 regional surface mapping and geochemical sampling program across its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
Gold Road Announces Strong Outlook and Guidance for Gruyere in 2025
Gold Road Resources (ASX: GOR)
Presented 2025 annual guidance and an updated 3-Year production outlook for the Gruyere Gold Mine.
2025 annual guidance for Gruyere is 325,000 – 355,000 ounces (162,500 – 177,500
attributable) at an attributable AISC of between A$2,400 and A$2,600 per ounce. Continue reading
G Mining Ventures Outlines Outlook for 2025
G Mining Ventures (TSX: GMIN)
Announced its 2025 operational and cost guidance for Tocantinzinho Gold Mine, along with planned capital expenditures to progress the Oko West Gold Project in Guyana and the Gurupi exploration Project in Brazil.
Planned production is between 175,000 and 200,000 ounces of gold at an AISC of US$996 to US$1125. Continue reading
Ora Banda Mining December Activities Report
Ora Banda Mining (ASX: OBM)
Reported on its activities for the December 2024 quarter – a period during which the Company demonstrated the robustness of its underground strategy with cashflow increasing over $9 million despite spending over $30 million on growth. Continue reading
Wesdome Gold Provides Eagle River Exploration Update
Wesdome Gold Mines (TSX:WDO)
Provided a comprehensive update on its exploration activities at its wholly-owned Eagle River Mine near Wawa, Ontario.
At the 300 Zone, infill drilling has confirmed the ontinuity of high-grade mineralization and provided critical geological insights regarding the zone’s behavior. Continue reading
Capricorn Announce the Acquisition of Deadman Flat Project
Capricorn Metals (ASX: CMM)
Has entered into an agreement with Peregrine Gold Ltd to acquire the prospective Deadman Flat Project tenements covering approximately 270 square kilometres located contiguous to the Company’s Karlawinda Gold Project tenure in the Pilbara region of Western Australia. Continue reading
Westgold Production lifts again in Q2, FY25
Westgold Resources (ASX / TSX: WGX )
Reported results for the period ending 31 December 2024 (Q2 FY25).
Westgold had record gold production in Q2 FY25 of 80,886oz Au @ AISC of A$2,703/oz with increased net mine cashflow of $45M funding the Company’s operational and growth capital requirements. Continue reading
Calidus Resources Delisted From the ASX
Calidus Resources
I have been notified by my broker that Calidus Resources has been delisted from the ASX effective the 17th January 2025. Continue reading
West Red Lake Gold Intersects 45.70 g/t Au over 3.85m
West Red Lake Gold (TSX.V: WRLG)
Reported definition drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
Hole MM24D-02-4090-010Intersected 3.85m @ 45.70 g/t Au, from 14.00m to 17.85m. Continue reading
Lefroy and BML Ventures to Advance the Lucky Strike Gold Deposit
Lefroy Exploration (ASX: LEX)
Announced that it has entered into an exclusivity and Heads of Agreement with BML Ventures Pty Ltd to negotiate a mining and profit-sharing agreement for the Lucky Strike Gold Project. Continue reading
Gold Road Announce Positive Gilmour PFS
Gold Road (ASX: GOR)
Announced a positive PFS for their Gilmour gold project, with a low capex, and a mining start date of late 2026.
The project pre-tax free cash flow estimated at A$377 million at a flat A$3,500 per ounce and A$569 million at a flat A$4,300 per ounce gold price assumption. Continue reading
Mining Review 19th January 2025
Mining Review 19th January 2025
Orla Mining announced results that beat the improved guidance for the year by 19%.
Westgold is set to increase production in Q1. Meeka Metals announced a high-grade gold dicovery at Turnberry, Murchison.
American Creek’s JV Partner Tudor Gold Intensifies Exploration Efforts
American Creek (TSX.V: AMK)
Announced that project operator and JV partner Tudor Gold has initiated the permitting process for the construction of approximately 3,000 meters of underground development to provide an exploration ramp for targeting the Supercell One Zone with infill and expansion drilling. Continue reading