Westgold (ASX / TSX: WGX)
Announced a maiden Mineral Resource for the Fletcher Zone of 2.3 million ounces of gold.
This doubles the current resource at Beta Hunt, declared in 2024. Continue reading
Tag Archives: gold
Meeka Metals New Corporate Presentation
Meeka Metals (ASX: MEK)
Published a new corporate presentation “accelerating production, adding ounces“, updated after the recent A$60 million capital raise. Continue reading
Catalyst Metals Reports Positive Trident Drill Results
Catalyst Metals (ASX: CYL)
Reported drilling results at the Trident Gold Project, located on the Plutonic Gold Belt.
The Trident gold project is an undeveloped gold deposit within the Plutonic Belt; it lies
30km north-east of the underutilised Plutonic processing plant. Continue reading
Barton Gold Complete Tolmer High Grade Silver Zone Drilling
Barton Gold (ASX:BGD)
Confirmed that expanded RC drilling has completed at its recent ‘Tolmer’ high grade silver discovery, located at the Company’s South Australian Tarcoola Gold Project.
A total of 2,882m RC drilling was completed. Continue reading
AIC Mines Announce High-grade depth extension at Jericho
AIC Mines (ASX: A1M)
Announced new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.
Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept, 5.5m (4.1m ETW) grading 2.4% Cu from 696m. Continue reading
City Investors Circle Initiating Coverage of AIC Mines
AIC Mines (ASX: A1M)
We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.
AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt. Continue reading
Mining Review 15th June 2025
Mining Review 15th June 2025
City Investors Circle published the review of the past week for watchlist stocks as well as the commodity markets.
Meeka Metals confirmed the commissioning of the processing plant as production commences at their Murchison gold project. Continue reading
Meeka Metals Plant Commissioning Underway
Meeka Metals (ASX: MEK)
Updated the market and confirmed that ore is being fed into the process plant and commissioning is underway at the Murchison Gold Project.
The first gold pour is due in June 2025. Continue reading
Ora Banda Mining Report Strong Drill Results
Ora Banda Mining (ASX: OBM)
Povided an update on its continued exploration success at its high-grade Riverina Gold Camp, Waihi and Little Gem prospect.
Infill drilling between 500 to 1,000 metres below surface returns numerous highgrade intersections (>20 gram-metres) delivering at a very high hit ratio. Continue reading
Orla Mining Delivers Initial Underground MRE for Camino Rojo
Orla Mining (TSX: OLA)
Provided the first underground Mineral Resource estimate for the Company’s Camino Rojo deposit located in Zacatecas, Mexico, representing a down plunge extension from the oxide open pit.
This news release presents the initial underground Mineral Resource estimate for the Camino Rojo deposit. Continue reading
Ora Banda Mining Slumps on FY25 Guidance Update
Ora Banda Mining (ASX: OBM)
Provided an update on guidance for the Davyhurst Project for FY25.
Gold production for April and May totalled 12.1koz, taking May YTD gold production to 82.5koz. OBM reduced FY guidance by 5,000 ounces of gold, and increased AISC by 4%. Continue reading
Caprice Resources $7M Placement to Accelerate Exploration
Caprice Resources (ASX: CRS)
Announced that it has received firm commitments to raise $7 million (before costs) through a successful placement to institutional and sophisticated investors of 134,615,385 fully paid ordinary shares at an offer price of $0.052 per New Share. Continue reading
Minerals 260 Bullabulling Gold Project Drilling Results
Minerals 260 (ASX: MI6)
Reported assay results from the first 19 holes (3,826m) completed as part of its maiden drilling program at the 100%-owned Bullabulling Gold Project in Western Australia.
The highlight was 62m @ 1.1g/t Au from 158m in BBRC0015. Continue reading
West Red Lake Gold Highlights Bulk Sample Learnings
West Red Lake Gold (TSX.V: WRLG)
Reported how learnings from the test mining and bulk sample program at its 100% owned Madsen Mine in the Red Lake Gold District of Ontario, Canada, are translating directly into a detailed mine plan with generally larger stopes, greater mining efficiencies, and lower cost mining methods than anticipated. Continue reading
G2 Goldfields Drills 76m @ 1.5 g/t Au and 3m @ 12.5 g/t Au
G2 Goldfields (TSX: GTWO)
Announced diamond drilling results returning significant widths of near surface gold mineralisation in the initial first pass drilling program at the 8,358-acre Peters Mine Property, Guyana. Continue reading
Barton Gold $3m Premium Placement Complete, Drilling Underway
Barton Gold (ASX: BGD)
Announced that the $3m premium placement announced on 26 May 2025 has completed.
The Company also confirms that drilling is now underway on its new high-grade Tolmer silver discovery. Continue reading
Awalé Announces Strategic Investment by Fortuna Mining
Awalé Resources (TSX.V: ARIC)
Announced an C$8.26 million strategic investment in Awalé by Fortuna Mining Corp. (TSX:FVI) on a non-brokered private placement basis.
Proceeds from the Offering will be primarily used to advance exploration activities across the Company’s 100%-owned properties at the Odienné Project in Côte d’Ivoire. Continue reading
New Murchison Gold Drilling Confirms High-Grade Gold Zone
New Murchison Gold (ASX: NMG)
Announced high-grade gold intercepts from reverse circulation grade control drilling beneath the cap rock zone at the Crown Prince Gold Project (M51/886) at the Company’s flagship Garden Gully Gold Project near Meekatharra, Western Australia. Continue reading
West Red Lake Gold Intersects 61.51 g/t Au over 12.1m
West Red Lake Gold (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of NW Ontario.
Highlights were Intersects of 61.51 g/t Au over 12.1m, 43.54 g/t Au over 8.35m and 24.61 g/t Au over 11.2m at South Austin.
Horizon Minerals Announce Deeply Discounted Placing
Horizon Minerals (ASX: HRZ)
Announced it has received firm commitments for a two tranche placement of new shares to investors to raise ~A$30 million in cash before costs.
Proposed two-tranche Placement to local and offshore institutional and sophisticated
investors to issue a total of 697,674,418 fully paid ordinary shares at A$0.043 per share for A$30 million in cash before costs. Continue reading