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Capricorn Acquires the Ninghan Gold Project to Extend Mt. Gibson

Capricorn Metals (ASX: CMM)

Advised that it has entered into a binding agreement with Sabre Resources Ltd to acquire the prospective Ninghan Gold Project tenement package.

The Ninghan Gold Project covers approximately 77 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project. Continue reading

Awalé Resources Hits 12 g/t Gold over 26 Metres

Awalé Resources (TSX.V: ARIC)

 Announced high-grade assay results from the first nine diamond drill holes completed as part of the Company’s drill campaign at the Charger zone at the Odienné Project in the Ivory Coast.

Highlights include 26m of 12 grams per tonne gold  in OEDD-120 and 95m of 1.8 g/t Au in OEDD-118. Continue reading

Capricorn Metals On Track for Production Guidance

Capricorn Metals (ASX: CMM)

Provided a preliminary update on the quarterly production at the Karlawinda Gold Project, which delivered another strong quarter of operations, producing 30,599 ounces of gold.

This result brings year to date production to 84,860 ounces, putting Capricorn in an excellent position to achieve the mid-point of FY25 guidance of 110,000 – 120,000 ounces at a cost guidance range of $1,370 – $1,470 per ounce. Continue reading

Mining Review 13th April 2025

Mining Review 13th April 2025

What a wonderful week for the gold price and producing gold miners. The price of gold soared 6.61% in US dollars, as the dollar fell due to Trump’s tariffs.

Share prices of gold miners responded spectacularly is some cases, with G Mining Ventures, Calibre Mining, and Gold Road rising to new highs, to name but three. Continue reading

Cabral Gold Drills 3m @ 15.9 g/t gold at Machichie

Cabral Gold (TSX.V: CBR)

Announced results from eleven additional reverse circulation drill holes and two trenches at the Machichie Main gold deposit within the Cuiú Cuiú Gold District, Brazil.

Highlights include Drill hole RC0515 which returned 10m @ 2.2 g/t gold from surface. 

Continue reading