Calidus Resources (ASX: CAI)
Announced an updated Mineral Resource estimate for the Bulletin deposit of 784,000t at 4.0g/t Au for 100,000oz.
Importantly, this includes a maiden Indicated Resource of 429,000t at 4.3g/t Au for 59,000oz. Continue reading
Firefly Metals (ASX: FFM)
Firefly Metals, the ASX listed exploration and development company that acquired the Green Bay project containing the Ming Mine from former AIM listed Rambler Metals and Mining, have released an updated Corporate Presentation. Continue reading
Calibre Mining (TSX: CXB)
Announced ore control RC drill results from its Leprechaun open pit (2022 Mineral Reserves of 15.1Mt grading 1.73 g/t gold containing 0.84 Moz), one of the three open pits in the Valentine Gold Mine in Newfoundland and Labrador, Canada. Continue reading
Nevada King Gold (TSX.V: NKG)
Announced that the Company’s Board of Directors has approved plans for a strategic reorganization of its business pursuant to which all of the Company’s concessions and properties with the exception of the Atlanta Gold Mine Project will be spun out to Nevada King shareholders through a newly incorporated company, “Spinco.” Continue reading
G Mining Ventures (TSX: GMIN)
Announced that it has drawn approximately $42 million on its $75 million senior secured term loan with an affiliate of Franco-Nevada Corporation, as previously announced in July 2022. Continue reading
Calibre Mining (TSX: CXB)
Provided assay results from the recent drill program at the Frank Zone, a high priority gold target one kilometre southwest of reported Mineral Resources on the Valentine Gold Mine property, located in central Newfoundland & Labrador, Canada. Continue reading
Cabral Gold (TSX.V: CBR)
Announced assay results from an additional 12 RC holes testing near-surface oxide material at the Machichie Main Zone, Cuiú Cuiú gold district in northern Brazil.
These holes are part of a drill program designed to better define and quantify the saprolite and blanket gold-in-oxide mineralization at the Machichie target, and could have an impact on the current plans for trial-mining oxide material in that area. Continue reading
Calibre Mining (TSX: CXB)
Announced additional exciting results from its 2023 exploration and delineation drilling program at the Panteon VTEM Gold Corridor at the Limon Mine Complex.
Previous results led to the discovery of the Panteon North deposit which yielded over 240,000 ounces of Proven and Probable Mineral Reserves. Continue reading
Nevada King Gold (TSX-V: NKG)
Announced assay results from five reverse circulation holes located along an updated Section 22-8N(3), that were recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Continue reading
American Creek (TSX.V: AMK)
Announced that project operator and JV partner Tudor Gold has provided an update on the recent identification of a high-grade gold system within the Goldstorm Deposit.
Mining Review 4th February 2024
The week was once again all about the FED and US interest rates, with positive economic data suggesting a March rate cut was unlikely, causing markets and gold to pull back.
Cabral Gold, i-80 Gold, and Orla Mining all reported strong drilling results this week. Continue reading
Cabral Gold (TSX.V: CBR)
Announced drill results from a further eight RC holes from the Central gold deposit located within the Cuiú Cuiú gold district in northern Brazil.
The highlight was hole RC368 which returned 10m @ 10.5 g/t gold from 67m in fresh rock. Continue reading
i-80 GOLD (TSX: IAU / NYSE: IAUX)
Announced high-grade results from the 2023 drill program completed at the FAD deposit situated on the Company’s 100%-owned Ruby Hill Property,Eureka County, Nevada, including 9.0 G/T AU, 92.4 G/T AG, 12.2 % ZN & 1.0 % PB over 14.6 M. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an update on its exploration activities at the Camino Rojo Sulphides in the second half of 2023.
Results included 3.41 g/t Au over 36m, incl. 29.2 g/t Au over 3.0 m, and 2.94 g/t Au over 66.5 m, incl. 4.98 g/t Au over 16.5 m. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its near-pit exploration activities at Camino Rojo completed in the second half of 2023.
In 2023, Orla completed 6,500 metres of drilling near the Camino Rojo Oxide Mine in Mexico to define additional oxide mineralization near the open pit. Continue reading
Calidus Resources (ASX: CAI)
Reporte exceptional final drill results from 14 holes of a 24 hole RC programme at the high-grade Bulletin deposit, where mining is planned to commence later this calendar year and processed through the Warrawoona Mill. Continue reading
Orla Mining (TSX: OLA)
Provided an interim operational update for Q4 ended December 31, 2023.
This news release also includes the Company’s 2024 annual guidance which contains the outlook for production, operating and capital costs, and exploration spending across the Company’s portfolio. Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Reported final drill results from the 2023 drilling campaign at its 100% owned Rowan Property located in the prolific Red Lake Gold District of Northwestern Ontario, Canada.
Notably, hole RLG-23-177 was successful in intercepting 4.0m @ 9.5 g/t Au approximately 80m beneath the historic workings. Continue reading
Calibre Mining (TSX: CXB)
Announced that at a special meeting of shareholders held earlier today, Calibre shareholders voted overwhelmingly in favour of the resolution approving the issuance of up to 315,664,294 common shares of Calibre in connection with the proposed acquisition of Marathon Gold Corporation. Continue reading
Karora Resources (TSX: KRR)
Announced record annual consolidated 2023 gold production of 160,492 ounces from its Beta Hunt and Higginsville mines in Western Australia.
Gold sales were also a record, totaling 157,034 ounces during 2023. Continue reading
