Barton Gold (ASX: BGD)

Confirmed the completion of pit optimisation drilling at its South Australian Challenger Gold Project, adjacent to its wholly-owned Central Gawler Mil. Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork.

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Photo courtesy of Barton Gold Hoildings.

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Barton Gold Challenger DFS Pit Optimisation Drilling Complete

Barton Gold Holdings Limited (ASX:BGD, OTCQB:BGDFF, FRA:BGD3) (Barton or Company) is pleased to confirm the completion of pit optimisation drilling at its South Australian Challenger Gold Project (Challenger), adjacent to its wholly-owned Central Gawler Mill (CGM). Foraco Drilling was engaged to complete the program.

A total 1,322m diamond drilling (DD) was completed across 23 holes to generate additional geotechnical data and sample materials for metallurgical testwork. These analyses will support the optimisation of Challenger open pit designs and operations. Together with 8,065m of recently completed RC drilling, Barton is targeting
conversion of existing open pit mineralisation (and new near-surface targets), to JORC (2012) ‘Indicated’ Resources and, subject to the completion of a Definitive Feasibility Study (DFS), to ‘Ore Reserves’.

The design concept of the DFS is to target an initial 3 – 4 year Stage 1 ‘baseline’ operation utilising only historical higher-grade tailings from tailings storage facility 1 (TSF1) and limited, near-surface materials without disturbing Challenger’s historical high-grade underground mine, its mineralisation or its infrastructure access.

Targeting Initial ‘Stage 1’ DFS & Ore Reserves conversion by H2 CY 2026

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HIGHLIGHTS

• DFS underway following dual Challenger JORC (2012) Mineral Resources upgrades to 313koz Au, targeting JORC (2012) Ore Reserves conversion and a ‘Stage 1’ DFS by H2 CY 2026
• DFS objective to model a viable, simplified ‘baseline’ Stage 1 operation to underwrite restart of CGM and maximise Challenger, Tarcoola, Wudinna & Tolmer development optionality
• Following the recent completion of 8,065m reverse circulation (RC) Resource upgrade drilling, a total of 1,322m diamond drilling (DD) completed for open pit design and metallurgical optimisation
• First assays from recently completed Resource upgrade RC drilling expected imminently

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Commenting on Challenger’s development drilling programs, Barton MD Alexander Scanlon said:

“We are pleased to have completed this program in support of Challenger’s ongoing DFS, and we thank Foraco Drilling for their safe execution despite the challenges of recent extreme rains across outback South Australia.

“Challenger’s significant open pit and near-surface gold mineralisation, immediately adjacent to our existing Central Gawler Mill, provides an ideal foundation for an initial ‘baseline’ operation that underwrites a lower-risk restart while maximising development optionality across the Challenger underground mine, Tarcoola, Tolmer and Wudinna.

“Foraco will now move on to development drilling programs at our neighbouring large-scale Tunkillia Gold Project.”

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To read the full news release please click HERE

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The live Barton Gold share price and chart can be found HERE 

..To View Barton Gold’s’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Barton Gold.

.

To read our full terms and conditions, please click HERE

Catalyst Metals (ASX: CYL)

Reported grade control drilling results at the Trident underground deposit, located on the Plutonic Gold Belt.

The soon to be completed open pit at the Trident gold deposit brings closer the step
change in Plutonic’s annual gold production from ±100 to ±200koz.

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Plutonic Gold Mine – Courtesy of Catalyst Metals

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Catalyst Metals’ Trident underground gold production nears with grade control results

Catalyst Metals Limited (Catalyst or the Company) (ASX:CYL) is pleased to report grade control drilling results at the Trident underground deposit, located on the Plutonic Gold Belt.

The soon to be completed open pit at the Trident gold deposit brings closer the step
change in Plutonic’s annual gold production from ±100 to ±200koz

• Trident is an underground deposit located 30km north-east of the underutilised 2Mtpa
Plutonic processing plant
• It is one of five mines to be developed as part of Catalyst’s plan to increase annual gold production at Plutonic from ±100koz to ±200koz
• Mining of a small open pit, from which the underground decline will be established,
commenced at Trident in July 2025 and is expected to be completed in the coming weeks
• In preparation for underground mining, Catalyst has completed grade control drilling for the first 15 months of underground production
• Underground gold production from Trident is currently forecast to commence in CY2027
• Some of the results of this grade control drilling program are below:
o 17m at 42.7g/t Au o 9m at 17.0g/t Au o 23m at 3.7g/t Au
o 15m at 22.9g/t Au o 12m at 10.3g/t Au o 8m at 11.5g/t Au
o 13m at 23.7g/t Au o 18m at 5.8g/t Au o 11m at 7.4g/t Au
o 6m at 11.2g/t Au o 9m at 6.6g/t Au o 18m at 8.5g/t Au
• The results are as expected and support the high-grade, consistent and wide nature of
the Trident deposit
• Catalyst has now developed three mines on the Plutonic Belt – Plutonic East, Trident open pit and K2. Trident underground will be the fourth.

• In all these developments, Catalyst has deliberately brought forward grade control
investment.

In Catalyst’s view, this is key to de-risking early mining operations in the
project’s ramp up phase

• Trident Underground Reserves stand at 397koz at 5.0g/t Au and Resources stand at
795koz at 5.3g/t with an anticipated annual production rate of ±60koz for ±10 years

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Catalyst’s Managing Director & CEO, James Champion de Crespigny, commented:

“Catalyst’s project team has now brought online three mines in 18 months.

 

“The Trident underground will be the fourth. These numerous projects have given us a repeatable formula for project development allowing the team to get better each time.

 

“This lowers risk giving us a greater chance of delivering on time and on budget.

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“Numerous drill results demonstrating extensions to the Trident Resource and Reserve are yet to be reported. We look forward to reporting these as they become available.”

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To read the full report please click HERE

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To view the latest share price and chart, please click HERE

To View Catalyst Metal’s historical news, please click here

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Catalyst Metals

.

Wesdome Gold Mines (TSX: WDO)

Announced its operating results for the three months ended March 31, 2026, Q1 2026.

The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.

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Wesdome Gold Mines Kiena Mine, Quebec – Courtesy of Wesdome Gold Mines

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WESDOME REPORTS SOLID FIRST QUARTER 2026 OPERATING RESULTS

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Toronto, Ontario – April 14, 2026 – Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces its operating results for the three months ended March 31, 2026 (“Q1 2026”).

The Company is also providing notice that it will release its financial results after markets close on Tuesday, May 12, 2026, and host a webcast the following morning.

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Anthea Bath, President and Chief Executive Officer said,

“First quarter results were solid, in line with our expectations and on track for the full year,

 

“As planned, our 2026 production profile remains back-half weighted with 60% of Kiena’s annual production expected in the second half as we ramp to three mining areas, including 129, 136 and Presqu’île.

 

“Eagle River is anticipated to maintain consistent output throughout the year.

 

“In Q1, Eagle River demonstrated meaningful progress towards its fill-the-mill strategy, approaching nearly 800 tonnes per day – a 20% year-over-year increase – reflecting continued progress towards sustainable higher throughput levels and supporting our focus on leveraging fixed costs.

 

 

“The mine continues to operate consistently and safely with a focus on the areas of lateral development and maintenance. At Kiena, we’re seeing improvement.
Mining rates and throughput stabilized in the first quarter as concurrent stoping in Kiena Deep added operational flexibility.

“With the Presqu’île permit now secured, we’re advancing development of our newest mining area with the first stope beginning on schedule in late June – a key milestone that materially de-risks our second-half production profile. Mining grades at both Eagle River and Kiena tracked to reserve grade during the quarter.

 

 

“Grade at Eagle River was outside the 2026 guidance range as per our forecast due to the timing of mining sequencing. We remain confident in our full-year guidance as higher-grade zones are scheduled for the remainder of the year.

 

 

“Consistent with our capital allocation strategy, we deployed $49 million to repurchase 2.1 million shares year-todate, substantially completing our initial normal course issuer bid. We did so while advancing our organic growth initiatives and maintaining our balance sheet strength, with approximately $430 million in cash at the end of the
quarter.”

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To read the full news release, please click HERE

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Horizon Minerals (ASX: HRZ)

Horizon Minerals has changed its name to Maritana Minerals, effective today.

The ticker symbol is now  MRT.AX.

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Horizon Minerals Becomes Maritana Minerals

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Horizon Minerals (ASX: HRZ)

Horizon Minerals has changed its name to Maritana Minerals, effective today.

The ticker symbol is now  MRT.AX.

To read the full news release please click HERE

 

——-

 To View Maritana Minerals’ latest share price and chart, please click HERE

..To View Maritana Minerals’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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=======

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds no shares in Maritana Minerals.

.

G Mining Ventures  (TSX: GMIN)

G2 Mining Ventures and  G2 Goldfields (TSX: GTWO) announced that they have entered into a definitive agreement whereby GMIN will acquire all of the issued and outstanding shares of G2 pursuant to a court approved plan of arrangement.

The Transaction will consolidate two adjacent gold projects in Guyana: G2’s Oko-Ghanie Project and GMIN’s fully permitted and fully financed Oko West Project.

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Louis-Pierre Gignac, CEO, President and Director of GMIN, stated:

“Combining GMIN’s Oko West Project and G2’s Oko-Ghanie Project delivers on our stated vision to build and operate a large, long-life, Tier-1 asset in Guyana.

 

“These assets are highly synergistic, and we are well-positioned to accelerate value creation by leveraging our unique expertise in building and operating mines on schedule and on budget in the Guiana Shield, utilizing our deep knowledge of and network in the region to advancing permitting, and deploying our capital to build the mine.

 

“Once built, this mine has the potential to rank among the highest producing gold mines globally.

 

“We look forward to continuing to advance our ”Build, Operate and Explore for more“ strategy to create and unlock further value for GMIN shareholders.”

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To read the full news release, please click HERE

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Mogotes Metals Inc. (TSX.V: MOG)

Announced that four drill rigs are currently drilling multiple porphyry and epithermal targets at the Company’s Mogotes Filo Sur project, that adjoins the southern limit of the large BHP / Lundin Filo Del Sol Copper-Gold-Silver resource in the Vicuña district.

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Mogotes Metals Filo Sur vista – Credits Mogotes Metals

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Meeka Metals (ASX: MEK)

Provided a preliminary update on the March 2026 quarter at the Murchison Gold Project.

Gold production of 6,083oz in the March 2026 quarter (Dec-25 quarter: 9,174oz), production was impacted by significant rainfall which slowed open pit mining activities.

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Meeka Metals Rain Affected March 2026 Quarter Update

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Meeka Metals Limited (ASX: MEK) (“Meeka” or the “Company”) provides the following preliminary update on the March 2026 quarter at the Murchison Gold Project (“Murchison”).

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Operations

• Gold production of 6,083oz in the March 2026 quarter (Dec-25 quarter: 9,174oz).
• Production was impacted by significant rainfall which slowed open pit mining activities and delayed access to high-grade ore in the Turnberry Central and South pits, resulting in an increased reliance on processing lower grade stockpiles.
• Processing throughput improved significantly to 123kt, a 37% increase on the December quarter (Dec-25 quarter: 89kt). This was a pleasing result as processing was impacted by the high moisture content of the oxide ore processed.
• Processing throughput in the June 2026 quarter is expected to be consistent with the March 2026 quarter as oxide ore continues to provide the majority of the process plant blend.
• Processing throughput is expected to increase in the September 2026 quarter as fresh ore from underground sources increasingly makes a higher proportion of the process plant blend.

Cash

• Cash increased to $50.1M at 31 March ($37.3M at 31 December 2025).

Fuel Supply

• The Company sources diesel under a long-term supply agreement with the largest transport fuel distributor and retailer in Australia.

As such, regular diesel deliveries are ongoing and the diesel supplier and key energy reliant service providers (aviation, explosives, freight) remain confident that there is sufficient fuel and other inputs to continue providing the contracted services.

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Commenting on production, Meeka’s Managing Director Tim Davidson said:

“While it was a frustrating quarter from a production perspective, we saw significant improvement in process plant throughput, a 37% quarter-on-quarter increase in tonnes processed.

 

“This was achieved despite the moisture content of the oxide ore processed often being above 15%, which impacted the processing team’s ability to further lift the plant throughput.

 

“We expect to see continued improvement in plant throughput as the mill feed transitions to increasingly fresh ore from underground over the coming quarters.

 

“We will also see the benefit of the higher-grade ore from the Turnberry Central and South pits feeding the plant in the June 2026 quarter due to the weather-related access delays in the March 2026 quarter.”

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To read the full news release, please click HERE

+++++++

To view the latest Meeka share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

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This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Meeka Metals. 

.

To read our full terms and conditions, please click HERE

Mining Review 5th April 2026

Another wobbly week for gold, after Donald Trump once again puts the skids under a recovery in the price with more war rants.

The major concern now is that some Australian miners may suffer from diesel rationing, affecting open pit miners more than underground.

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City Investors Circle Mining Review 5th April 2026

Mining Review 5th April 2026

Another wobbly week for gold, after Donald Trump once again puts the skids under a recovery in the price with more war rants.

The major concern now is that some Australian miners may suffer from diesel rationing, affecting open pit miners more than underground. As investors we can only hope the Strait of Hormuz is opened up as soon as possible.

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News snippets from our watchlist companies for last week are pasted below, please click on the links to be taken to te full story.

 Western Gold Commenced Bore Drilling For Production

  Equinox Gold to Produce 540,000 Ounces of Gold PA

  Omai Gold Intersected 7.74 g/t Au over 13.5m at Wenot

  Benz Mining Made a High-Grade Gold Discovery at Kilkenny

  Market Review March 2026

  Wesdome Defined 10 Km of Prospective Strike at Eagle River

  Mining Review 29th March 2026

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Market Data

Weekly Price Changes

(US$ unless stated)

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Click HERE for live Spot Metal Prices 

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We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

Western Gold Resources (ASX: WGR)

Advised that drilling of the Bowerbird production bore has commenced, alongside the delivery and installation of the early stage site establishment infrastructure, at its 100%-owned Gold Duke Project in Western Australia.

Gold production is scheduled to start in Q2 2026.

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Production Bore Drilling Commenced and Early Stage Site Establishment

Western Gold Resources Limited (ASX: WGR) (“WGR” or “the Company”) is pleased to advise that drilling of the Bowerbird production bore has commenced, alongside the delivery and installation of the early stage site establishment infrastructure, at its 100%-owned Gold Duke Project in Western Australia.

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Highlights:

• Drilling has commenced at the Bowerbird Prospect within the Gold Duke
Project
• Bore replaces an existing production bore and will provide dedicated water
supply for mining operations and dust suppression
• Groundwater extraction licence approval by the Department of Water and
Environmental Regulation (DWER) is in place
• Early Stage of mobilisation has commenced with the delivery and
installation of site offices
• Site offices to support current production bore drill programme as well as
clearing and grubbing and next phase of site establishment
• Laydown area established to support drilling, mining and logistics for the
project
• Represents first phase of “on-the-ground” activities for the Gold Duke
Project

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Managing Director Cullum Winn commented:

“The commencement of drilling at the Bowerbird production bore and installation of early site infrastructure represents the start of on-the-ground activities at our flagship Gold Duke Project.

 

“The bore and associated infrastructure are expected to provide a low-cost, reliable water supply, positioned close to the Stage 1 operational pits, supporting efficient project execution.”

.

To read the full news release please click HERE

+++++++

..To see the latest Western Gold share price and chart, please click HERE

.To View Western Gold Resources’ historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Western Gold Resources.

.

Equinox Gold Corp. (TSX: EQX)

Reported results from updated technical reports for its Greenstone Gold Mine and its Valentine Gold Mine, both located in Canada.

The Company reported its Mineral Reserves and Mineral Resources including 19 million ounces of gold in Mineral Reserves, 19 million ounces in M + I Resources exclusive of Mineral Reserves, and 11 million ounces in Inferred Mineral Resources.

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Equinox Gold Greenstone Mine – Credits Equinox Gold Corp.

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Equinox Gold to Produce 540,000 unces of Gold PA for 10 years

Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to report results from updated technical reports for its Greenstone Gold Mine (“Greenstone”) located in Ontario, Canada and its Valentine Gold Mine (“Valentine”) located in Newfoundland & Labrador, Canada.

In addition, the Company today reported its Mineral Reserves and Mineral Resources as at December 31, 2025, including 19 million ounces of gold in Mineral Reserves, 19 million ounces in Measured and Indicated Mineral Resources exclusive of Mineral Reserves, and 11 million ounces in Inferred Mineral Resources.

For a detailed summary by asset, refer to the Company’s Annual Information Form, which will be available for download later today on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar and on Equinox Gold’s website at www.equinoxgold.com. All dollar figures are in United States dollars unless otherwise noted.

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Darren Hall, Chief Executive Officer, commented: 

“Our immediate focus at Greenstone is executing the ramp-up and achieving sustained nameplate milling capacity of 27,000 tonnes per day. Delivering consistent performance at this level will establish Greenstone as a cornerstone asset within our portfolio.

 

“At this throughput rate, the updated technical report outlines an operation expected to average approximately 320,000 ounces of gold annually over the next decade, representing a strong outcome for a long-life asset located in a Tier 1 jurisdiction.

 

“Once we achieve stable nameplate performance, we see additional opportunities to further optimize the operation and create value.

 

“These include increasing mill throughput toward 30,000 tonnes per day, incorporating higher-grade underground resources into future mine plans, and advancing near-mine and regional exploration targets across our large, 400 km² land package.

 

“With 1.6 million ounces of Measured and Indicated Resources and 1.2 million ounces of Inferred Resources delineated in the underground deposit, and an additional 1.1 million ounces of Indicated Resources identified to date on the broader land package, we believe there is meaningful potential to enhance grades, extend mine life and potentially increase annual production over time.

 

“At Valentine, the updated technical report highlights significant benefits from the planned Phase 2 expansion. Following completion of Phase 2 construction, which is targeted for H2 2028, throughput is expected to increase to approximately 13,700 tonnes per day (5.0 Mtpa), and annual gold production is expected to average approximately 223,000 ounces per year for the subsequent ten years.

 

“We see additional strong opportunities to extend mine life and further enhance the value of this asset. Ongoing delineation efforts at the Frank Zone have the potential to evolve into a fourth open pit, and we are advancing drilling this year to better define that opportunity.

 

“Combined with ongoing exploration across the broader, 320 km² land package and future throughput optimization potential, Valentine represents a long-life, scalable production platform capable of delivering sustainable growth well beyond the current mine plan.

 

“Additionally, we remain focused on unlocking further value through the growth and enhancement of our overall Mineral Reserves and Mineral Resources, supported by a robust $70 to $80 million exploration budget for 2026.”

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To read the full news release please click HERE

To see the latest share price and chart, please click HERE.

To View Equinox Gold’s historical news, please click here

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

Omai Gold Mines (TSXV: OMG)

Announced assay results from eight additional drill holes from the recent drill program at its 100% owned Omai Gold Project in Guyana, South America. 

Five of the eight holes were collared in West Wenot, two in Central Wenot and one at the east end of the Wenot deposit. All holes intersected multiple zones of gold mineralization.

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Omai Gold core logging huts – Courtesy of Omai Gold Mines 

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,

Omai Gold Intersects 7.74 g/t Au over 13.5m and 6.30 g/t Au over 9.8m at Wenot
and Commences Drilling ExplorationTarget

Toronto, Ontario – (March 26, 2026) – Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) (“Omai Gold” or the “Company”) is pleased to announce assay results from eight additional drill holes from the recent drill program at its 100% owned Omai Gold Project in Guyana, South America.

Five of the eight holes were collared in West Wenot, two in Central Wenot and one at the east end of the Wenot deposit. All holes intersected multiple zones of gold mineralization.

The objective of these holes was to fill gaps within the broader Wenot deposit, to convert some mineralized areas to the higher “indicated” confidence level and to provide further testing of the limits of the Wenot gold system.

The holes at West Wenot showed continued significant gold mineralization within the southern sediments.

Five diamond drill rigs are now drilling on the Wenot deposit, all working on a series of holes at the northeast portion of Wenot. These are focused on the prolific Dike Corridor at depths between -150 to -400m (the DC holes), in areas not previously tested. As these holes are collared further to the north, they will also explore potential northern splays.

Early next week, one drill rig will be deployed to test an intriguing geophysical anomaly known as “the Handle” that corresponds to a magnetic high trending northeast off of the Wenot deposit.

An additional drill rig will also commence an additional two holes stepping out on the East Wenot target area.

.
Highlights* from the recent drilling include:

• Hole 25ODD-158
o 7.74 g/t Au over 13.5m
o Including 28.03 g/t Au over 3.1m
o 1.45 g/t Au over 44.4m

.
Elaine Ellingham, President and CEO commented:

“As these drill results continue to add to the confidence in Omai as a Tier 1 gold asset, we are advancing many aspects of work towards the next stages for the project.

 

“The Company is expecting the completion of its updated Mineral Resource Estimate (MRE) within the next couple of weeks and the Preliminary Economic Assessment (PEA) is expected a couple months following completion of the MRE.

 

“We have already set our sights on the work that will advance us towards a Pre-Feasibility or Feasibility Study. Metallurgical work, tailings studies and the important permitting initiatives are front and centre.

 

“At the same time, we will continue our very aggressive drill program with a focus on upgrading the large Wenot resource, extending the limits and testing certain priority exploration targets.”

.

To read the full news release, please click HERE

——-

To view the latest share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Omai Gold Mines. 

.

To read our full terms and conditions, please click HERE

Market Review March 2026

Has been published. The focus is on the fall in the gold price and subsequent fall in mining stocks as a result.

The highlighted company is Orla Mining.

.

.

City Investors Circle Market Review March 2026

The Market Review for March 2026 has been published.

The focus is on the fall in the gold price and subsequent fall in mining stocks as a result.

The highlighted company is Orla Mining.

+++++++

The highlighted company this month is Orla Mining, a TSX listed company with producing gold mines in Canada and Mexico, and a near term development project in Nevada, USA.

Orla is set to produce up to 350,000 ounces of gold in 2026 at an AISC of around US1,750.

.

+++++++

Other significant news in the Review includes,

Orla Mining  (TSX: OLA) 
Recorded a record US $133 million in free cashflow
Filed an updated technical report for South Railroad

G Mining Ventures (TSX: GMIN) 
Reported Increased gold reserves by 221% to 6.52 million ounces.
Shareholder La Mancha exercised its right for additional shares
Reported record full year production and financial results.

+++++++

To read the March 2026 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

.

+++++++

Archive of March’s news releases is listed below, click the link to be taken to the full story.

.

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

Wesdome Gold Mines  (TSX: WDO)

Provided an update on its surface exploration activities at its wholly-owned Eagle River mine near Wawa, Ontario, Canada.

.

Wesdome Gold Mines Kiena Mine, Quebec – Courtesy of Wesdome Gold Mines

.

Wesdome Defines 10 Kilometres of Prospective Strike and Expands Near-Surface Mineralization at Eagle River

.

Mining Review 29th March 2026

An awful week for investors in precious metals and the companies that mine them.

Pacgold, Wesdome, and West Red Lake Gold Mines all announced positive drilling results.

.

.

City Investors Circle Mining Review 29th March 2026

.

An awful week for investors in precious metals and the companies that mine them. The war on Iran continues to weigh on the price of gold, although there are signs of a base forming in the price at the end of the week.

+++++++

.

Pacgold, Wesdome, and West Red Lake Gold Mines all announced positive drilling results, which were absorbed by a market more focused on the gold price than substantive news from gold mining companies.

+++++++

News snippets from our watchlist companies for last week are pasted below, please click on the links to be taken to te full story.

  Market Review March 2026

  Wesdome Defined a 10 Km of Prospective Strike at Eagle River

  Pacgold Extended St George Gold and Antimony Fence Strike

  G Mining Ventures Reported Q4 and Full-Year 2025 Results

  Pacgold St George Gold Geochem Extends Fence Strike >30km

  Heliostar Acquired The Goldstrike Project and Updated Mineral Resource

  West Red Lake Gold Mines Further De-Risked Fork Satellite Deposit

  Catalyst Metals Concluded a Deal With Star Minerals

  Mining Review 22nd March 2026

.

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

Click HERE for live Spot Metal Prices 

+++++++.

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

Pacgold (ASX: PGO)

Announced further results of the systematic geochemical soil programme and rock chip sampling completed on the St George Gold-Antimony Project (‘the Project’) in northeast Queensland.

.

.

.

.

Pacgold St George Gold and Antimony Geochem Extends Fence Strike >30km

Fence Structure hosts 7 major targets with no modern drilling

Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce further results of the systematic geochemical soil programme and rock chip sampling completed on the St George Gold-Antimony Project (‘the Project’) in northeast Queensland.

Pacgold is undertaking exploration on the Project under a Farm-In and Joint Venture Agreement with Hardrock Mineral Exploration Pty Ltd, whereby Pacgold has the right to earn up to 100% interest in the Project.

HIGHLIGHTS

 CONTINUED DELINEATION OF REGIONAL-SCALE GEOCHEMICAL ANOMALIES – Gridbased soil and rock chip sampling extends the gold and antimony anomalism hosted within the Fence Structural Zone (FSZ) to a strike in excess of 30km.
 HIGH-GRADE GOLD AT LIMESTONE PROSPECT – High-grade rock chip samples taken in newly discovered large-scale structure with reported gold values including 18.5g/t Au (SG110108), 5.37g/t Au (SG110109), 4.86g/t Au (SG110110) and 4.96g/t Au (SG110113).

 NEW ANOMALIES DELINEATED AT LIMESTONE AND BIG WATSON – Extensive
(Au-Sb-As) anomalies identified at Big Watson and strong gold results over the Limestone prospect, both associated with the regional Fence structure extending over 30km in strike.
 UNTESTED STRUCTURES DRILL READY – No modern drilling carried out on six of the seven defined anomalies with multiple prioritised targets to be tested in next drilling
campaign.

.
Pacgold’s Managing Director, Matthew Boyes, commented:

“The number of fertile structures and extent of the mineralisation on this ground package continues to increase rapidly.

 

“The discovery of high-grade gold at surface at the Limestone project is particularly exciting with multiple outcropping veins returning high-grade gold numbers over a large area.

 

“We have now demonstrated that the Fence structure is mineralised over a strike length of approximately 30km from Big Watson in the south up to the Limestone prospect in the north, this coupled with multiple newly delineated soil anomalies gives the company a strong pipeline of targets to follow up once the exploration season kicks off this year.”

,

To read the full news release, please click HERE

+++++++

To view the latest share price and chart, please click HERE

G Mining Ventures (TSX:GMIN)

Reported their operating results for the fourth quarter and full year ended December 31, 2025.

The first full year of commercial production at Tocantinzinho delivered gold production in 2025 of 171,871 ounces with stable cost performance.

.

.

.

G Mining Ventures Reports Q4 and Full-Year 2025 Results; First Full Year of
Commercial Production at Tocantinzinho Drives Strong Cash Flow Generation

.

BROSSARD, QC, March 25, 2026 – G Mining Ventures Corp. (“GMIN” or the “Corporation”) (TSX:GMIN, OTCQX:GMINF) today reported its financial and operating results for the fourth quarter and full year ended December 31, 2025.

Unless otherwise indicated, all dollar amounts are in U.S. dollars.

G Mining CEO Louis-Pierre Gignac said,

“Tocantinzinho completed its first full year of commercial production in 2025, delivering consistent operating performance with production, recoveries and costs in line with expectations.

.

” Production, costs and recoveries largely met or exceeded guidance, underscoring the asset’s reliability and operational discipline.

 

“The operation generated $255 million in free cash flow, strengthening our balance sheet while funding the advancement of Oko West.

 

“Fourth quarter performance was the strongest of the year across key metrics, including production, grade and margins, demonstrating solid steady-state operations.

 

“We enter 2026 with Tocantinzinho performing to plan, Oko West fully funded and under construction, and Gurupi continuing to advance through exploration and permitting.”

Fourth quarter and full year 2025 highlights and the Corporation’s short to medium-term outlook are set out below.
1) Strong 2025 Financial Results Driven by Continued Operational Strength and Disciplined Cost Control
o First full year of commercial production at Tocantinzinho (“TZ”). TZ delivered gold production in 2025 of 171,871 ounces with stable cost performance despite higher royalty expenses driven by higher gold prices. Strong metallurgical recoveries of 90.6% were achieved for the year, exceeding 2025 guidance of 90.0%.
o Peer-Leading Cost Structure: Total cash costs of $748 per ounce were slightly above the top end of 2025 guidance, primarily due to higher royalty costs ($27 per ounce) and the introduction of the State of Para’s production tax ($27 per ounce). All-in sustaining costs (1) (“AISC”) per ounce were within 2025 guidance at $1,155 per ounce.
o Strong annual cash generation from operations. Generated annual cash flow from operating activities of $308 million ($340 million before changes in working capital) or $1.36 per share. TZ generated mine-site free cash flow (1) of $255 million ($1,484/oz produced) or $1.12 per share for its first full year of commercial production.

o Strong profitability: Reported net income of $288 million ($1.27 per share) for the full year 2025 and adjusted net income(1) of $283 million ($1.25 per share).
o Solid quarterly operating performance, with record quarterly production. Payable gold
production in the fourth quarter of 2025 was 47,346 ounces at total cash costs(1) per ounce of $808 and AISC(1) per ounce of $1,245. The higher realized gold price(1) of $4,032 per ounce in the fourth quarter resulted in strong margins and cash flows.
o Strong quarterly financial results. Generated quarterly net income of $91 million or $0.40 per share and adjusted net income(1) of $98 million or $0.43 per share during the fourth quarter. The Corporation generated cash provided by operating activities of $96 million ($122 million before changes in working capital) or $0.42 per share and free cash flow(1) of $80 million or $0.35 per share.

.

To read the full news release, please click HERE

.

=======

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Pacgold Limited (ASX: PGO)

Announced further results of the systematic geochemical soil programme and rock chip sampling completed on the St George Gold-Antimony Projectin northeast Queensland.

Gridbased soil and rock chip sampling extends the gold and antimony anomalism hosted within the Fence Structural Zone to a strike in excess of 30km.

.

.

.

Pacgold St George Gold and Antimony Geochem Extends Fence Strike >30km
Fence Structure hosts 7 major targets with no modern drilling

Pacgold Limited (ASX: PGO) (‘Pacgold’ or ‘the Company’) is pleased to announce further results of the systematic geochemical soil programme and rock chip sampling completed on the St George Gold-Antimony Project (‘the Project’) in northeast Queensland.

HIGHLIGHTS

 CONTINUED DELINEATION OF REGIONAL-SCALE GEOCHEMICAL ANOMALIES – Gridbased soil and rock chip sampling extends the gold and antimony anomalism hosted within the Fence Structural Zone (FSZ) to a strike in excess of 30km.
 HIGH-GRADE GOLD AT LIMESTONE PROSPECT – High-grade rock chip samples taken in newly discovered large-scale structure with reported gold values including 18.5g/t Au (SG110108), 5.37g/t Au (SG110109), 4.86g/t Au (SG110110) and 4.96g/t Au (SG110113).
 NEW ANOMALIES DELINEATED AT LIMESTONE AND BIG WATSON – Extensive
(Au-Sb-As) anomalies identified at Big Watson and strong gold results over the Limestone prospect, both associated with the regional Fence structure extending over 30km in strike.
 UNTESTED STRUCTURES DRILL READY – No modern drilling carried out on six of the seven defined anomalies with multiple prioritised targets to be tested in next drilling
campaign.

Pacgold is undertaking exploration on the Project under a Farm-In and Joint Venture Agreement with Hardrock Mineral Exploration Pty Ltd, whereby Pacgold has the right to earn up to 100% interest in the Project.

.

.
Pacgold’s Managing Director, Matthew Boyes, commented:

“The number of fertile structures and extent of the mineralisation on this ground package continues to increase rapidly.

 

“The discovery of high-grade gold at surface at the Limestone project is particularly exciting with multiple outcropping veins returning high-grade gold numbers over a large area.

 

“We have now demonstrated that the Fence structure is mineralised over a strike length of approximately 30km from Big Watson in the south up to the Limestone prospect in the north, this coupled with multiple newly delineated soil anomalies gives the company a strong pipeline of targets to follow up once the exploration season kicks off this year.”

.

To read the full news release, please click HERE

+++++++

To view the latest share price and chart, please click HERE

West Red Lake Gold (TSX.V: WRLG)

Announced results from the infill drilling program at its 100% owned Fork Deposit located approximately 250 metres southwest from its Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada.

.

Madsen Mill – Courtesy of West Red Lake Gold Mines

.

,

 

 

West Red Lake Gold Mines Ltd.(“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG)(OTCQB: WRLGF)is pleased to announce results from the infill drilling program at its 100% owned Fork Deposit located approximately 250 metres (“m”) southwest from its Madsen Mine in the Red Lake Gold District of Northwestern Ontario, Canada. 

.

.

.

Shane Williams, President and CEO, stated,

“Successful completion of the infill drilling program at Fork was an important step in de-risking this resource area ahead of a construction decision.

.

“The results of the drill program are very encouraging and further support the gold grade and vein continuity at Fork which will be necessary for efficient mine planning and any future extraction scenario.

.

“The engineering team at Madsen is already working on the initial mine design for this satellite area, and we look forward to continuing to evaluate this non-remnant, near surface opportunity which currently sits a mere 250 metres from our existing underground infrastructure.”

 

.

FORK DRILLING HIGHLIGHTS:

• HoleWRL26-047 Intersected 1m @ 41.25 g/t Au, from 117.6m to 118.6m; Including 0.5m @ 77.8 g/t Au, from 117.6m to 118.1m.
• This intercept was complimented by visible gold spatially associated with quartz veining and pyrite + pyrrhotite mineralization (Figure 1).

 

FIGURE 1. Multiple instances of visible gold in hole WRL-26-047 associated with quartz veining and pyrite + pyrrhotite. Drill core is NQ (47.6 mm) diameter.

.

.

To read the full news release, please click HERE   +++++++   To view the latest share price and company chart, please click HERE To View West Red Lake’s historical news, please click here . The live Spot gold price can be found HERE . ======= . City Investors Circle is based in the financial district in the City of London We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies. Our audience is selected and invited individually to ensure interest and relevance for the presenting company. Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation. We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter. If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com . ======= , This website is not sponsored, we are truly independent, and will always remain so Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team. All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this. These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional. . Disclosure At the time of writing the author holds shares in West Red Lake Gold Mines. . To read our full terms and conditions, please click HERE

Mining Review 22nd March 2026

An absolutely horrendous week for investors in the mining space, with the price of gold falling a whopping 11% in a week, and silver down 16%.

Mining companies’ shares were clobbered on the market, despite some releasing excellent results, the market was unforgiving and merciless.

.

+++++++

I attended the Swiss Mining Conference in Zurich this week, and companies present were putting a brave face on their falling shareprices, but the mood was fairly sombre and a few were even non-attendees.

I met some decent new stories and continue to research both new and existing holdings to make up a by list for when the market turns, which it will do at some point, it always does.

+++++++

  Meeka Metals Expands Plant to Increase Gold Production

  Orla Mining Reported a Record $133m Free Cash Flow

  Swiss Mining Conference Day 2

  Swiss Mining Conference Day 1

  Benz Mining Announced a New Ultra High Grade Gold Discovery

  Ora Banda Mining Updated on Third Party Ore Processing

  Barton Gold Began the Tunkillia Phase 2 Resource Upgrade Drilling

  Mining Review 15th March 2026

+++++++

Market Data

Weekly Price Changes

(US$ unless stated)

.

Click HERE for live Spot Metal Prices 

+++++++.

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

The writer may hold shares in some or all of the companies mentioned in this article.

Meeka Metals (ASX: MEK)

Announced that expansion work on the Murchison processing plant has commenced with an additional crushing circuit, wash plant and Steinert multi-sensor ore sorter being installed.

This is expected to unlock significant additional processing capacity and increase annual gold production.

.

.

.

Meeka Metals Processing Upgrade to 800ktpa Underway – Commissioning
Expected in September 2026 Quarter

,

Meeka Metals Limited (ASX: MEK) “Meeka” or the “Company”) is pleased to announce that expansion work on the Murchison processing plant has commenced with an additional crushing circuit, wash plant and Steinert multi-sensor ore sorter being installed.

This is expected to unlock significant additional processing capacity and increase annual gold production. Additional benefits include removal of hard waste rock from the mill feed, reduced plant wear and lower tailings deposition per ounce produced

Installation of ore sorting is underway at the Murchison Gold Project (“Murchison”) to
unlock additional processing capacity to ~800ktpa and accelerate gold production.
• The upgrade unlocks ~200ktpa of additional mill capacity, increasing throughput to
~800ktpa and annual gold production
• Ore sorting will be applied to Andy Well underground ore initially – high-grade ore will be separated for immediate processing and low-grade ore stockpiled for later processing
• Test work at Steinert’s ore sorting test facility confirmed excellent sorting results – ~85% of contained gold is sorted into ~50% of the rock mass, effectively doubling Andy Well’s already high head grade
• Significantly lower capital cost ($6M) and commissioning timeline (6 months) versus
equivalent expansion of the crushing and grinding circuit to achieve 800-1,000ktpa capacity
• Processing unit costs at the higher throughput remains steady versus DFS unit cost estimate (~$38/t)
• Commissioning targeted for the September 2026 quarter
• Test work is underway to determine applicability to other Murchison ore sources
Commenting on the upgrade, Meeka’s Managing Director Tim Davidson said: “Ore sorting unlocks an additional 200,000 tonnes per annum of milling capacity and effectively doubles the head grade of Andy Well ore entering the plant, delivering a meaningful increase in annual gold production.

Commenting on the upgrade, Meeka’s Managing Director Tim Davidson said:

“Ore sorting unlocks an additional 200,000 tonnes per annum of milling capacity and effectively doubles the head grade of Andy Well ore entering the plant, delivering a meaningful increase in annual gold production.

.

“The test work results were excellent and gave us strong confidence in the ability to consistently separate the high-grade gold-bearing quartz from lower grade material that will be stockpiled for later processing.

“We expect this high-return, quick-payback investment to be operational in the September 2026 quarter providing additional processing capacity for ore.

.

“The test work results were excellent and gave us strong confidence in the ability to consistently separate the high-grade gold-bearing quartz from lower grade material that will be stockpiled for later processing.

.

“We expect this high-return, quick-payback investment to be operational in the September 2026 quarter providing additional processing capacity for ore from our open pits and our second underground mine at Turnberry, commencing in 2026.”

.

To read the full news release, please click HERE

+++++++

To view the latest Meeka share price and chart, please click HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Meeka Metals. 

.

To read our full terms and conditions, please click HERE