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Capricorn Metals On Track for Production Guidance

Capricorn Metals (ASX: CMM)

Provided a preliminary update on the quarterly production at the Karlawinda Gold Project, which delivered another strong quarter of operations, producing 30,599 ounces of gold.

This result brings year to date production to 84,860 ounces, putting Capricorn in an excellent position to achieve the mid-point of FY25 guidance of 110,000 – 120,000 ounces at a cost guidance range of $1,370 – $1,470 per ounce. Continue reading

Mining Review 13th April 2025

Mining Review 13th April 2025

What a wonderful week for the gold price and producing gold miners. The price of gold soared 6.61% in US dollars, as the dollar fell due to Trump’s tariffs.

Share prices of gold miners responded spectacularly is some cases, with G Mining Ventures, Calibre Mining, and Gold Road rising to new highs, to name but three. Continue reading

Cabral Gold Drills 3m @ 15.9 g/t gold at Machichie

Cabral Gold (TSX.V: CBR)

Announced results from eleven additional reverse circulation drill holes and two trenches at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil.

Highlights include Drill hole RC0515 which returned 10m @ 2.2 g/t gold from surface. 

Continue reading

Gold Road Announces Gruyere Underground Drill Results

Gold Road Resources (ASX: GOR)

Released initial results from the Gruyere underground drilling program designed to confirm that the Gruyere ore body extends at depth.

The highlights included 119 metres at 1.10 g/t Au including 33 metres at 1.57 g/t Au from 834 metres, from hole GYDDEX00001. Continue reading

Awalé Hits 2.0 g/t Gold Eq. over 52 metres at BBM

Awalé Resources (TSX.V: ARIC)

Reported results from seven diamond drill holes completed as part of the expanded drill campaign targeting the BBM zone at the Odienné Project in the Ivory Coast.

Hole OEDD-119 intercepted 52m @ 2.0 grams per tonne gold equivalent from 197m, including 15m @ 3.6 g/t Au, 0.52% Cu. Continue reading