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
Calibre Mining Corp. (TSX: CXB)
Announced operating results for the three months and year ended December 31, 2023, and 2024 production, sales, and cost guidance.
Calibre Delivered a record gold production of 283,494 Ounces in 2023. Continue reading
Calidus Resources (ASX:CAI)
Reported outstanding initial drill results from 10 holes of a 24 hole RC programme at the high-grade Bulletin deposit, where mining is planned to commence later this year and processed through the Warrawoona mill.
RC drill results included 14m @ 8.58g/t from 50m. Continue reading
Cabral Gold (TSX.V: CBR)
Following on from a successful drill prgram in 2023, Alan Carter, CEO of Cabral has shares his thoughts for the Cuiu Cuiu project going forwards.
Carbral are looking to produce cashflow within a year with a small scale startup operation, to avoid further share dilution to the stock. Continue reading
Ascot Resources (TSX: AOT)
Announced the fourth and final batch of assay results from the 2023 exploration drill program at the Company’s Premier Gold Project, in the prolific Golden Triangle of northwestern British Columbia. Continue reading
Calidus Resources (ASX: CAI)
Advised the market that a bushfire caused by dry lightning has burnt out a 2km section of bore pipeline that feeds water to the Warrawoona processing plant.
As a result of the fire, the mill will be shut down for an estimated three days whilst an initial repair is made to the pipeline. Continue reading
Gold Road Resources (ASX: GOR)
Issued a production update for the December quarter, and confirmed that production for the year was a fraction above minimum guidance.
This dissapointed the market and the shares were down 7% at the open at A$1.80, after briefly trading above A$2 recently. Continue reading
Capricorn Metals (ASX: CMM)
We are initiating coverage of Capricorn Metals, an ASX listed gold producer and exploration and development company based in Western Australia.
Capricorn exactly match our favoured criteria of production in a tier 1 jurisdiction, run by an experienced management team, with initial production and cashflow funding exploration and development of future projects, and organic growth. Continue reading
FireFly Metals (ASX: AUT)
Reported drill Results of up to 9.4% copper and 4.7g/t gold from outside the existing Resource at Green bay.
Formerly Auteco, Firefly has taken over the former producing asset in Newfoundland and is growing the resources before resuming production. Continue reading
i-80 GOLD CORP. (TSX: IAU)
Announced high-grade results from the ongoing 2023 underground drill program that is targeting mineralization in the upper part of the South Pacific Zone at the Company’s Granite Creek Property located in Humboldt County, Nevada. Continue reading
Calidus Resources (ASX: CAI)
Reported that it has executed a Binding Profit Share Agreement with Haoma Mining NL covering the Blue Bar Deposit.
As a result, the Calidus Board has approved the development of the Blue Bar Project. Continue reading
Minera Alamos (TSX.V: MAI)
I have been a loyal shareholder of Minera for around three years now, and have made a profit from holding the stock, but there comes a time when you have to look at the performance against the objectives set by the company.
I am wary of the permit delays, and with an upcoming election, if they are not issued before, it may delay things for some time. I see other opportunities with less risk. Continue reading
Mining Review Sunday 3rd December
It was a good week for junior mining stocks after the price if gold spiked as a result of the FED hinting that rate rises are done and the market expects cuts in Q2 2024 onwards.
I have noticed the share price and volume of stocks traded for Colonial Coal increasing, and with no news released, wonder if the market senses a deal is in the offing? Continue reading
Cabral Gold (TSX.V: CBR)
Issued an update on the PFS at Cuiu Cuiu, Tapajos State, Brazil.
The current RC drill program is a significant part of this effort and is aimed at identifying additional higher-grade mineralization. We have completed 69 RC holes to date as part of this program and results are currently pending on 55 holes. Continue reading
Marathon Gold (TSX: MOZ)
Calibre Mining Corp. (TSX: CXB) and Marathon announced the closing of the previously announced C$40 million financing of Marathon
Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon at a price of C$0.60 per share for aggregate gross proceeds to Marathon of C$40 million. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Reported additional drill results from its 100% owned Rowan Property located in the prolific Red Lake Gold District of North western Ontario, Canada.
This included Intersects of 10.92 g/t Au over 2.4m, 11.07 g/t Au over 2.15m and 38.15 g/t Au over 0.5m at the Rowan Mine.
Karora Resources (TSX: KRR)
Announced financial and operating results for Q3 2023 and YTD 2023.
YTD 2023 production of 120,197 ounces increased 24% from 96,578 ounces for the same period in 2022, with the Company ending Q3 well positioned to achieve full-year 2023 production guidance of 145,000 – 160,000 ounces.
