Ora Banda Mining (ASX: OBM)
Povided an update on its continued exploration success at its high-grade Riverina Gold Camp, Waihi and Little Gem prospect.
Infill drilling between 500 to 1,000 metres below surface returns numerous highgrade intersections (>20 gram-metres) delivering at a very high hit ratio. Continue reading
Orla Mining (TSX: OLA)
Provided the first underground Mineral Resource estimate for the Company’s Camino Rojo deposit located in Zacatecas, Mexico, representing a down plunge extension from the oxide open pit.
This news release presents the initial underground Mineral Resource estimate for the Camino Rojo deposit. Continue reading
Ora Banda Mining (ASX: OBM)
Provided an update on guidance for the Davyhurst Project for FY25.
Gold production for April and May totalled 12.1koz, taking May YTD gold production to 82.5koz. OBM reduced FY guidance by 5,000 ounces of gold, and increased AISC by 4%. Continue reading
Caprice Resources (ASX: CRS)
Announced that it has received firm commitments to raise $7 million (before costs) through a successful placement to institutional and sophisticated investors of 134,615,385 fully paid ordinary shares at an offer price of $0.052 per New Share. Continue reading
Minerals 260 (ASX: MI6)
Reported assay results from the first 19 holes (3,826m) completed as part of its maiden drilling program at the 100%-owned Bullabulling Gold Project in Western Australia.
The highlight was 62m @ 1.1g/t Au from 158m in BBRC0015. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Reported how learnings from the test mining and bulk sample program at its 100% owned Madsen Mine in the Red Lake Gold District of Ontario, Canada, are translating directly into a detailed mine plan with generally larger stopes, greater mining efficiencies, and lower cost mining methods than anticipated. Continue reading
G2 Goldfields (TSX: GTWO)
Announced diamond drilling results returning significant widths of near surface gold mineralisation in the initial first pass drilling program at the 8,358-acre Peters Mine Property, Guyana. Continue reading
Barton Gold (ASX: BGD)
Announced that the $3m premium placement announced on 26 May 2025 has completed.
The Company also confirms that drilling is now underway on its new high-grade Tolmer silver discovery. Continue reading
Awalé Resources (TSX.V: ARIC)
Announced an C$8.26 million strategic investment in Awalé by Fortuna Mining Corp. (TSX:FVI) on a non-brokered private placement basis.
Proceeds from the Offering will be primarily used to advance exploration activities across the Company’s 100%-owned properties at the Odienné Project in Côte d’Ivoire. Continue reading
New Murchison Gold (ASX: NMG)
Announced high-grade gold intercepts from reverse circulation grade control drilling beneath the cap rock zone at the Crown Prince Gold Project (M51/886) at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia. Continue reading
West Red Lake Gold (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of NW Ontario.
Highlights were Intersects of 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin.
Horizon Minerals (ASX: HRZ)
Announced it has received firm commitments for a two tranche placement of new shares to investors to raise ~A$30 million in cash before costs.
Proposed two-tranche Placement to local and offshore institutional and sophisticated
investors to issue a total of 697,674,418 fully paid ordinary shares at A$0.043 per share for A$30 million in cash before costs. Continue reading
Catalyst Metals (ASX: CYL)
Announced it has received firm commitments for an institutional placement to raise A$150 million at an issue price of $6.00 per share.
The Placement was strongly supported by existing institutional shareholders and new high quality Australian and international institutional investors. Continue reading
Barton Gold Holdings (ASX: BGD)
Confirmed the start of a ~2,500m drilling program targeting high-grade gold and silver at its South Australian Tarcoola Gold Project, plus ~500m scout drilling near its wholly owned Central Gawler Mill, in South Australia. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Reported that, at a meeting on May 21, 2025, the WRLG Board of Directors approved management’s recommendation to restart the Madsen Mine immediately. Continue reading
Pacgold (ASX: PGO)
Announced the maiden JORC compliant Mineral Resource Estimate at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland.
The initial MRE stands at 12.2Mt @ 1.2g/t Au for 474Koz, within a global estimate of 26.7Mt @ 1.01 g/t Au for 854Koz Au. Continue reading
City Investors Circle
Stocks from our watchlists claimed the top three places in last week’s drill charts in Canada, and the top place in Australia.
The charts list the best drill results from the past week in terms of width times grade. Continue reading
Catalyst Metals (ASX: CYL)
Announced that it has received the final environmental approval for development of the Trident Gold Project from the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).
Catalyst now has all environmental approvals in place to commence mining. Continue reading
Mining Review 18th May 2025
Orla Mining’s Q1 loss disappointed the market and the shares were marked down harshly as a result.
West Red Lake Gold Mining are ramping up to production and the share price is stirring at last. Continue reading
G Mining Ventures (TSX: GMIN)
Reported its production and financial results for the quarter ended March 31, 2025.
GMIN produced 35,578 ounces of gold in Doré, at All-in sustaining costs of $960 per oz Au sold. Continue reading
