West Red Lake Gold (TSX.V: WRLG)
Announced the filing of its independent pre-feasibility study technical report for its 100% owned Madsen Mine project located in the Red Lake Gold District of northwestern Ontario, Canada, with an effective date of January 7, 2025. Continue reading
Perpetua Resources (TSX: PPTA)
The share price is falling following the News Release on Febrary 13th 2025, and now the lawyers are lining up to sue the company on behalf of investors.
A director has just announced a sale due to “tax reasons”. This is turning sour very quickly, Continue reading
G Mining Ventures (TSX: GMIN)
Provided an update on year-end 2024 mineral reserves and mineral resources and announce the updated mineral resource estimate for its 100% owned, advanced exploration-stage Gurupi Project, located in northern Brazil
Highlights: M & I Resources 8.28 million ounces, Inferred Resources: 2.40 Moz, and Proven & Probable Reserves: 2.03 Moz. Continue reading
Calibre Mining (TSX: CXB)
Have announced they have agreed to be acquired by Equinox Gold in an all share transaction.
The price in 0.31 Equinox shares per Calibre share, which is only a fraction over the current Calibre share price, and a disappointing premum for a company in about to become a significant producer when the Valentine mine commences production. Continue reading
Mining Review 23rd February 2025
Calibre Mining announced record gold production and looked forward to commencing production at their Valentine mine this year.
Westgold issued a drilling update for the Beta Hunt mine in Western Australia. Continue reading
Calibre Mining (TSX: CXB)
Announced financial and operating results for the three months (“Q4”) and full year ended December 31, 2024 (“FY 2024”).
Calibre delivered a record Q4 consolidated gold production of 76,269 ounces, and full year 2024 production of 242,487 ounces, surpassing the revised 2024 annual production guidance. Continue reading
Gold Road Resources (ASX: GOR)
Announced record revenue from gold sales for the full year totalled $528.0 million (2023: $472.1 million).
Fully unhedged gold sales of 143,793 ounces (2023: 161,472 ounces) at an average realised gold price of $3,672 per ounce (2023: $2,924 per ounce). Continue reading
American Creek Resources (TSX.V: AMK)
Has received a Notice of Termination of the Arrangement Agreement entered into with Cunningham Mining Ltd. from the Purchaser.
The Company’s position is that the Notice is invalid. Continue reading
Westgold Resources (ASX | TSX: WGX)
Provided an update on resource development drilling activities at the Beta Hunt mine at Kambalda, Western Australia.
This includes further results from Westgold’s inaugural drilling program at the Fletcher Zone and details of planned drilling of the potential southern extension of Fletcher (the Mason Zone target). Continue reading
West Red Lake Gold Mines (TSXV: WRLG)
Provided a positive update on restart and readiness activities, including the in-progress bulk sample, at its 100% owned Madsen Mine project in the Red Lake Gold District of Northwestern Ontario, Canada. Continue reading
City Investors Circle
Both the Canadian and US stock markets are closed today due to national holidays in both countries.
Expect a low trading day in gold in London. Continue reading
Capricorn Metals (ASX: CMM)
Published a new Corporate Presentation for the Bell Potter Conference.
Retail investors now own only 13% of the stock. Continue reading
Ora Banda Mining (ASX: OBM)
Provided an update on its continued exploration success at the high-grade Riverina Gold Camp.
Deep drilling at Riverina Underground confirms continuity of high-grade gold
mineralisation over 300m below the current mine plan, with the drill campaign still
progressing. Continue reading
Horizon Minerals (ASX: HRZ)
Provided an update on the development of the Phillips Find Gold Project.
Phillips Find Joint Venture (JV) Agreement in place with mining specialists BML Ventures Pty Limited to develop and mine two open pits. Continue reading
Lefroy Exploration (ASX: LEX)
Announced that it has entered into a profit share mining agreement with BML Ventures Pty Ltd with regards to the Lucky Strike Gold Project .
This contains 9,600 ounces (Indicated 0.70Mt @ 1.93g/t Au for 43,400 oz. Inferred 0.57Mt @ 1.97g/t for 36,200 oz). Continue reading
Capricorn Metals (ASX: CMM)
Advised that it has entered into a binding agreement with Top Iron Pty Ltd to acquire the prospective Mummaloo Project tenements and physical assets.
The Mummaloo Project covers approximately 219 square kilometres of tenure located contiguous to the north of Capricorn’s Mt Gibson Gold Project in the Murchison region of Western Australia. Continue reading
Calibre Mining (TSX: CXB)
Announced additional discovery diamond drill results from its expanded 100,000 metre drill program at the Valentine Gold Mine located in Newfoundland & Labrador, Canada.
Highlights from today’s release include 3.08 g/t Au over 48.2 metres Estimated True Width. Continue reading
Horizon Minerals (ASX: HRZ)
Horizon and Poseidon are pleased to announce that the Supreme Court of Western Australia has today made orders approving the Schemes.
Poseidon intends to lodge an office copy of the Court’s orders with respect to the Schemes with ASIC by 10 February 2025. Continue reading
Barton Gold (ASX: BGD)
Confirmed that further RC drilling has been completed at the Tarcoola Gold Project’s (Tarcoola) Tolmer prospect in South Australia.
17 RC holes were drilled for a total of 2,230 metres completed. Continue reading
Calibre Mining (TSX: CXB)
Announced additional ore control reverse circulation drill results from its Leprechaun open pit at Valentine Gold Mine in Newfoundland and Labrador, Canada.
The Company has completed 21,500 metres of RC drilling on a 9 x 9 metre spacing. Continue reading
