West Red Lake Gold Mines (TSXV: WRLG)
Provided a positive update on restart and readiness activities, including the in-progress bulk sample, at its 100% owned Madsen Mine project in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
City Investors Circle
Both the Canadian and US stock markets are closed today due to national holidays in both countries.
Expect a low trading day in gold in London. Continue reading
Capricorn Metals (ASX: CMM)
Published a new Corporate Presentation for the Bell Potter Conference.
Retail investors now own only 13% of the stock. Continue reading
Ora Banda Mining (ASX: OBM)
Provided an update on its continued exploration success at the high-grade Riverina Gold Camp.
Deep drilling at Riverina Underground confirms continuity of high-grade gold
mineralisation over 300m below the current mine plan, with the drill campaign still
progressing. Continue reading
Horizon Minerals (ASX: HRZ)
Provided an update on the development of the Phillips Find Gold Project.
Phillips Find Joint Venture (JV) Agreement in place with mining specialists BML Ventures Pty Limited to develop and mine two open pits. Continue reading
Lefroy Exploration (ASX: LEX)
Announced that it has entered into a profit share mining agreement with BML Ventures Pty Ltd with regards to the Lucky Strike Gold Project .
This contains 9,600 ounces (Indicated 0.70Mt @ 1.93g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97g/t for 36,200 oz). Continue reading
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 in the Murchison region of Western Australia. Continue reading
Calibre Mining (TSX: CXB)
Announced additional discovery diamond drill results from its expanded 100,000 metre drill program at the Valentine Gold Mine located in Newfoundland & Labrador, Canada.
Highlights from today’s release include 3.08 g/t Au over 48.2 metres Estimated True Width. Continue reading
Horizon Minerals (ASX: HRZ)
Horizon and Poseidon are pleased to announce that the Supreme Court of Western Australia has today made orders approving the Schemes.
Poseidon intends to lodge an office copy of the Court’s orders with respect to the Schemes with ASIC by 10 February 2025. Continue reading
Barton Gold (ASX: BGD)
Confirmed that further RC drilling has been completed at the Tarcoola Gold Project’s (Tarcoola) Tolmer prospect in South Australia.
17 RC holes were drilled for a total of 2,230 metres completed. Continue reading
Calibre Mining (TSX: CXB)
Announced additional ore control reverse circulation drill results from its Leprechaun open pit at Valentine Gold Mine in Newfoundland and Labrador, Canada.
The Company has completed 21,500 metres of RC drilling on a 9 x 9 metre spacing. Continue reading
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
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 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
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 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 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 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 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 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
