Mining Review 17th November 2024

Cabral Gold and Thesis Gold announced good drill results, and Westgold increased their Starlight gold mineral resource by 91%.

Gold was truly thumped down as US rate cuts look increasingly unlikely as inflation looks to be returning.

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The 121 Mining Conference booth layout.

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City Investors Circle Mining Review 17th September 2024

It was a week to forget for gold and investors in the gold mining sector as the shiny metal retreated 4.5% on news that further US rate cuts are unlikely in the near term.

All the precious metals were thumped, as were the industrial metals in what turned out to be the worst week for quite a while, erasing a lot of the gains made in the last few weeks.

Trump’s election victory has benefited Bitcoin and Tesla shares, at the expense of mining and commodities.

A list of news from our watchlist companies is below, please click the link to be take to the full story.

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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

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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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Thesis Gold (TSX.V: TAU)

Announced a new discovery at the Ring Zone within its 100%-owned, road-accessible Lawyers-Ranch Project in the Toodoggone mining district of northern British Columbia.

This initial drilling program has intersected high-grade mineralization near surface, supporting the potential for new, high-grade deposits to compliment those already outlined in the recently updated PEA.

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Vancouver, British Columbia–(Newsfile Corp. – November 13, 2024) – Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) (“Thesis” or the “Company”) is pleased to announce a new discovery at the Ring Zone within its 100%-owned, road-accessible Lawyers-Ranch Project in the Toodoggone mining district of northern British Columbia.

In the 2024 field season, Thesis Gold gained valuable technical insights through drilling two new exploration zones: the Ring Zone and the Golden Furlong target.

The new discovery at the Ring Zone demonstrates the success of Thesis Gold’s exploration strategy, which integrates structural analysis, geochemistry, and geophysics to identify high-priority drill targets.

This initial drilling program has intersected high-grade mineralization near surface, supporting the potential for new, high-grade deposits to compliment those already outlined in the recently updated Preliminary Economic Assessment (PEA) by Church et al. (2024).

The Ring Zone discovery, along with other similar untested prospects, have the potential to drive resource growth, extend mine life, and contribute additional high-impact near surface ounces early in potential future mine operations-further strengthening project economics highlighted by an after-tax NPV 5% of C$1.28 billion, an IRR of 35.2%, and a 2.0-year payback period (see Sept. 5th news release).

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Highlights

New, Blind Discovery:Near surface high grade Ring Zone mineralization (Table 1).
Drillhole 24RNGDD001 intersected 1.21 grams per tonne gold (g/t Au) over 13.13 metres (m) including 0.45 m of 5.92 g/t Au beginning at 28.47 m.

• • This hole also intersected 3 m of 2.22 g/t Au beginning at 36 m downhole.
  • 24RNGDD002 intersected 1.00 m of 11.32 g/t Au beginning at 55.20 m downhole.
  • 24RNGDD003 intersected 1.85 m of 3.49 g/t Au beginning at 27.15 m downhole

Significant Exploration Potential: The Ring Zone and Golden Furlong are situated within a 40 km2 alteration footprint that contains >20 targets, many of which have never been drill tested.

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Next steps

2025 Follow-Up Drilling: Drill planning is already underway to follow up on this successful discovery, in addition to other zones and new targets at Ranch.
Environmental Impact Assessment (EIA): Near competition of environmental baseline work at the Lawyers-Ranch project means the company, working closely with its First Nation partners, is on track to enter the environmental impact assessment (EIA) process in 2025.

Preliminary Feasibility Study (PFS): All work is completed to commence the PFS in early 2025.

 

 

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Ewan Webster, President and CEO, shared, 

 

“The discovery at the Ring Zone highlights the untapped exploration potential remaining at Ranch.

 

“With robust PEA results from our 4.7 Moz deposit, these latest results confirm significant exploration upside within the main resource area, which also remains open for expansion.

 

“This discovery underscores our technical team’s ability to leverage data to target near-surface, high-grade zones and opens the door to future discoveries across this expansive land package.”

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Figure 1 – Oblique view of Ring Zone target.

To view an enhanced version of this graphic, please visit here

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To read the full news release, please click HERE

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

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The live gold price can be found HERE

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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

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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 shares in Thesis Gold.

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To read our full terms and conditions, please click HERE

Mining Review 27th October 2024

Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

The price of gold hit a new (nominal) all-time high. 

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City Investors Circle Mining Review 27th October 2024

The price of gold nearly hit a new (nominal) all-time high, and ended the week at $2,747.70 per ounce. Silver Came along for the ride, but fell back and ended the week at $33.67.

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Our watchlist companies produced a plethora of positive drill results this week, Including BPM Minerals, Capricorn Metals, and Thesis Gold.

American Creek announced that Eric Sprott has backed the tokenization of their Cunningham Mining acquisition. As Sprott is a large AMK shareholder, this validates the tokenization project.

All news from last week is below, please click the link for the full report.

   Capricorn Metals Announced a Positive Exploration Update

  Pacgold drilling “Progressing Well”

  Thesis Gold Drilled 8 Metres of 11.39 GPT Gold Equivalent

  BPM Minerals Drill Results Extend the Louie Gold Discovery

  American Creek Acquirer Receives Sprott Token Investment

  Thesis Gold Files Updated PEA for Lawyers-Ranch Project

  Mining Review 20th October 2024

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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

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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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Thesis Gold (TSX.V: TAU)

Announced assay results from the 2024 drill program at Lawyers-Ranch, located in the prolific Toodoggone Mining District of northern British Columbia.

Results from the 2024 drill program successfully confirmed high-grade, near-surface mineralization, while deeper intercepts confirmed modelled stopes and point to the potential for expanding the underground mining scenario with future drill campaigns.

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Thesis Gold (TSX.V: TAU)

Announced the Company has filed on SEDAR+ an updated Preliminary Economic Assessment technical report  for its wholly owned Lawyers-Ranch Project located in British Columbia, Canada. 

This updated PEA supersedes the previously filed Lawyers-only PEA (effective date September 9, 2022).

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Mining Review 13th October 2024

A quiet week for news of substance from our watchlist companies.

Capricorn Metals announced production was still on track for guidance after a recent weather event. Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

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City Investors Circle Mining Review 13th October 2024

A quiet week for news of substance from our watchlist companies, as we find ourselves awaiting drill results from the summer season, as is usual at thos time of year.

With high gold prices being maintained, the market expects some sparkling numbers from the producers starting soon as the next quarter’s results are announced. With a fiar wind this should propel producers’ share prices higher, and hopefully focus investors’ eyes back on the mining sector.

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Capricorn Metals announced production was still on track for guidance after a recent weather event. The price has fallen back recently after the news, and despite the company confirming production will come in at the lower end of guidance.

Thesis Gold announced the comletion of a drill program, and Cartier Resources mobilized a drill rig to commence one.

News from our watchlist companies from the last week is below, click on the link to be taken to the full story.

  Neometals Successfully Closed a A$4 Million Placement

  Impact Minerals Issued a Project Update For Lake Hope

  Capricorn Metals KGP Q1 Production On Track For Guidance

  Barton Gold High Grade Tarcoola Assays Confirm Additional Open Pit Gold

  Thesis Gold Announced Completion of 2024 Field Program

  Cartier Resources Mobilized a Drill Rig to Advance High-Grade Gold Discovery

  Mining Review 6th October

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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

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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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Thesis Gold (TSX.V: TAU)

Announced the successful completion of its 2024 exploration season at its 100% owned Lawyers-Ranch Project in the prolific Toodoggone Mining District of northern British Columbia.

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Thesis Gold (TSXV: TAU)

Announced the receipt of an amended Mines Act permit at its 100% owned Lawyers-Ranch Project in the prolific Toodoggone Mining District of northern British Columbia.

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Thesis Gold Receives Amended 5-Year Exploration Permit

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Vancouver, British Columbia–(Newsfile Corp. – August 8, 2024) – Thesis Gold Inc. (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) (“Thesis” or the “Company“) is pleased to announce the receipt of an amended Mines Act permit (the “Permit“) at its 100% owned Lawyers-Ranch Project in the prolific Toodoggone Mining District of northern British Columbia.

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Highlights

• 5-year Multi-Year-Area-Based (MYAB) Exploration & Mine Permit: A property wide MYAB permit has been authorized by the Ministry of Energy and Mines of British Columbia for the ongoing drilling and exploration activities to be conducted on the Lawyers-Ranch Project
• Approved Activities:
  • Permitted drilling sites: 3900
    • Geotechnical drilling sites: 46
  • Exploration trails/access: 260 kilometres
    • Additional 20 km of access modifications
  • Fuel storage: 225,000 litres
  • Test Pits: 100

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With these approvals in place, Thesis is well-positioned to continue advancing geotechnical and exploration activities. The permitted drill site allowances and exploration access are crucial for ongoing project exploration, while the permitted geotechnical sites and test pits will lay the groundwork for engineering studies at Ranch.

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Dr. Ewan Webster, President and CEO of Thesis Gold Inc. said;

“Our receipt of the amended 5-year exploration permit marks a significant milestone for Thesis Gold.

 

“This permit enables us to systematically advance our exploration and engineering efforts. With the ability to conduct extensive drilling, expand our access, and continue our comprehensive geological and environmental studies. 

 

“We are well-positioned to unlock the full potential of this prolific mining district. Additionally, the upcoming release of our Preliminary Economic Assessment (PEA) will be a major catalyst, providing valuable perspective into the project’s economic potential.

 

“We remain committed to responsible and sustainable exploration as we drive towards our goal of advancing a world-class gold project.”

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Ongoing Geological, Engineering, and Environmental Work: Over 10,000 metres of drilling focused on resource upgrading and expansion at both project areas, including undrilled prospects at Ranch; field mapping and prospecting at new claims; ongoing geochemical sampling and geotechnical drilling to support potential mine design; additional metallurgical studies; and continued environmental baseline data collection and monitoring at Lawyers and Ranch.

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To read the full news release please click HERE

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Lve metal prices 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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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 shares in Thesis Gold.

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Mining Review 9th June 2024

It was an eventful week for Calibre Mining, reporting good drill results near their Valentine gold project in Newfoundland, and a “partial slope movement” at their mine in Nicaragua. It was the latter than the market focused on.

We have to hope that this can be contained and repaired without serious incident.

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City Investors Circle Mining Review 9th June 2024

It was an eventful week for Calibre Mining, reporting good drill results near their Valentine gold project in Newfoundland, and then a “partial slope movement” at their mine in Nicaragua. It was the latter than the market focused on.

We have to hope that this can be contained and repaired without serious incident, but the share price fell as investors became nervous. this will act as a drag on the price until, hopefully, the company comfirms the problem has been resolved. 

Thesis Gold reported some very positive metallurgical testing and gold and silver recovery values for their Lawyers-Ranch project in northern B.C.

Barton Gold reported good progress at their  7,000m drill program, where highlighted samples have been sent for expedited assessment.

The week’s news releases for stocks on our watchlists are listed below, click on the link to be taken to the full story.

  West Red Lake Gold Mines Outlined the 2024 Madsen Mine Plans

  Calibre Mining Found New Gold Mineralisation At Valentine

  Thesis Gold gave Positive Metallurgical Tests for Lawyers-Ranch 

  Calibre Mining Reported a Partial Slope Movement at Limon Norte

  Barton Gold Tarcoola Goldfield Drilling Update

  Wesdome Gold Reported Q1 2024 Financial Results

  Mining Review 2nd June 2024

Click here to view all historical archive reports

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Market Data

Weekly price changes

(US$ unless stated)

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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

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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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Thesis Gold (TSX.V: TAU)

Announced the successful completion of preliminary metallurgical testing at the Lawyers-Ranch Project.  

This testing aims to assess the economics of an expanded project that integrates high-grade feed from Ranch and higher-grade underground material to a processing site at Lawyers.

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Thesis Gold Receives Positive Metallurgical Tests Results for Lawyers-Ranch Project: Achieves Average Precious Metal Recovery of 95% for Gold and 92% for Silver

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Vancouver, British Columbia — (June 5, 2024) – Thesis Gold Inc. (“Thesis” or the “Company”) (TSX.V: TAU | WKN: A3EP87 | OTCQX: THSGF) is pleased to announce the successful completion of preliminary metallurgical testing at the Company’s 100% owned Lawyers-Ranch Project.  

This testing aims to assess the economics of an expanded project that integrates high-grade feed from Ranch and higher-grade underground material to a processing site at Lawyers.

The program was designed based on the updated Mineral Resource Estimate from May 1, 2024 (link to news release).

The Project is road-accessible and forms a contiguous, 495 km² land package in the prolific Toodoggone Mining District in northern British Columbia.

 The metallurgical results will be used as part of an updated preliminary economic assessment of the project, scheduled for Q3-2024.  

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Metallurgical Testing Highlights:
 

• Process Flowsheet Development: with gravity pretreatment, flotation, and leaching of secondary concentrate and float tails.  The overall recovery range was 93% to 96% for gold and 86% to 96% for silver, demonstrating excellent extraction potential.
• Gravity Pretreatment: Recovery ranged from 20 to 38% for gold, and 2 to 10% of silver at grades exceeding 360 g/t Au and 1190 g/t Ag, which is suitable for onsite doré production.
• Primary Flotation Concentrate: Recovery ranging from 40% to 65% of gold producing a concentrate grade exceeding 160 g/t Au and 55% to 78% recovery for silver with a concentrate grade of over 5,000 g/t Ag.
• Leaching: of a secondary float concentrate and the float tailing, scavenged an additional 8-20% of gold and 12-24% of silver.

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Dr. Ewan Webster, Thesis Gold President and CEO, commented

“The excellent metallurgical results from the combined Lawyers-Ranch project highlight not only the high recoveries of 95% for gold and 92% for silver but also the marketable concentrate grades.

 

“These findings, based on blended composites from potential mining areas, provide a strong foundation for the upcoming preliminary economic assessment. 

 

“Given the strength of these results, our continued efforts will be directed towards optimizing capital costs, operating costs, and maximizing payables, rather than addressing fundamental process challenges.”

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

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To read the full news release please click HERE

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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

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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 Thesis Gold.

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Mining Review 12th May 2024

Gold Road Resources are diluting their position in De Grey Mining by not fully participating in the De Grey A$600 million financing.

Thesis Gold and West Red Lake reported good news. Red Pine reported very serious news

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City Investors Circle Mining Review 12th May 2024

It was a bumper week for both precious and industrial metals, with only Lithium, iron ore, and thermal coal in negative territory.

Lithium was down on weak demand as some auto makers look to cut production of EVs due to lack of consumer demand. The Chinese are producing millions of EVs and the USA and the EU are looking to employ protectionist measures to prevent the Chinese selling into their markets due to the lower production costs in China.

That of course means the Chinese will simply sell their cheaper vehicles into less developed markets, mainly in Asia and possibly S. America.

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Turning to company news, it was a quiet week on the drilling front, but we still had a few nuggets from our watchlist companies.

But firstly, I should mention the growing scandal at Red Pine Exploration (TSX.V: RPX). The stock took a 60% hit on the 1st May when they withdrew all previous assay results from their Wawa Project, due to “inconsistencies” with them, see here.

The company then appointed an independent lab, WSP Global, to verify the data, and the stock bounced 50% on this news. I considered a quick punt thinking that once assays were independantly verified, the stock would regain most of its loss and I could make a quick turn and keep the profit as free shares.

I didn’t do that though, as I just didn’t feel that confident that things would work out, and that turned out to be a good decision!

The company has now announced “based on the findings made to date, Red Pine believes that the reporting inconsistencies disclosed in the Prior Press Releases resulted from the unauthorized manipulation of certain assay results received from Activation Laboratories Ltd. (“Actlabs”) by the Company’s former Chief Executive Officer (the “Former CEO”).” See here.

The stock fell around 30% in response, and is back at 8.5 cents again.

Wow!  Not exactly Bre-X, but the same thing on a smaller scale!   They wouldn’t make such a public statement unless they were sure for fear of facing a heavy defamation lawsuit.

Red Pine was a hot stock for a while. They came to a London conference, and I booked to meet them, with a view to investing. At the last minute they cancelled my meeting, with no reason given. Feeling a bit miffed at the unprofessional manner they handled it, I never invested.

I am now very grateful to the person that cancelled my meeting without having the courtesy to give me a reason!  When management act like that, I never invest!

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Gold Road Resources‘  position in De Grey Mining is being diluted due to that compay’s A$600 million financing. Despite Gold Road’s participation, it will result in a fall in their stake to just over 17%.

Thesis Gold announced a measured and indicated resource of 4 million ounces of gold, and West Red Lake Gold Mines reported more high-grade-gold intercepts around their Madsen Mine.

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To read all the news for the week, please click on the links below to be taken to the full story.

  Gold Road Resources Lowers De Grey Mining Stake

  West Red Lake Gold Mines Intersected 21.33 g/t Au over 3.1m

  Calibre Mining To Update On The Valentine Gold Mine

  Karora Resources and Westgold Merger Presentation

  Gold Road Resources Results Presentation

  Thesis Gold Announced an M & I Resource Of 4 Moz

  Mining Review 5th May 2024

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Market Data

Weekly % Price Changes

(US$ unless stated)

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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

.

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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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Thesis Gold (TSXV: TAU)

Reported an updated Mineral Resource Estimate at the Company’s newly combined 100% owned Lawyers-Ranch Project.

The Project now boasts a combined Measured & Indicated Mineral Resource of 4.0 Moz and an Inferred Mineral Resource of 727 koz.

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121 Mining Forum London – Day 1

A new venue for this year’s 121 Mining Forum, in the far reaches of Houndsditch, greeted delegates at this year’s forum.

One or two companies caught my eye, including one situated next to the coffee machine where a casual comment by me about the name of the location of their project lead to a impromptu presentation, and I liked what I heard.

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121 Mining Forum London 2022

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121 Mining Forum London – Day 1

A new venue for this year’s 121 Mining Forum, in the far reaches of Houndsditch, greeted delegates at this year’s forum.

The walk from Liverpool Street Station seemed shorter than it looked on the map, taking around ten minutes.

I have to admit I don’t like the venue, and neither did many other people, in fact I did not hear anyone say they did!  The organisers say it’s larger than the GLC Building at Waterloo, but I don’t think it’s as big, never mind larger.

The main objection is there’s no central area to network in, as there are a number of small areas spread around but no focal point, and it’s hard to find people, whereas before the large central café area made it very easy as everyone headed there between meetings.

Gripes about the venue aside, the morning was quite busy, and there was a positive vibrant atmosphere.

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I had a mix of old and new companies on my meeting schedule, and one or two new companies caught my eye, including one situated next to the coffee machine where a casual comment by me about the name of the location of their project lead to a impromptu presenttion, and I liked what I heard.

That compny was Thesis Gold (TSX.V: TAU), and the presenter was their Scottish born CEO, Ewan Webster.  Thesis are located in the “Golden Horseshoe” area of British Columbia, an area name I had not hear before and it seems they invented it!  TAU have a tight share structure, $29 million working capital, and are funded through to the end of 2023.

Surpriingly for an early stage explorer, they have Sprott, ASA Merk, and Franklin Templeton on their share register.

Another company I liked was Auteco Minerals, (ASX: AUT), ASX listed but focused on the delightfully named Pickle Crow Gold Project, located in Ontario, Canada.

They have an experienced team, basically the board of BelleVue Gold (ASX), who have all achieved as a team before and are looking to repeat this in Canada. The next catalyst to look out for is a resource update in Q1 2023.

I also met Bredda Head Lithium, listed on AIM and the TSX.V, who have interesting lithium projects in the USA, in Nevada and Arizona.  A nice story and looking undervalued compared to peers in my opinion. They have brines, pegmatite and clay projects, quite unusual to have all three.

I met up for an update with O3 Mining (TSX.V: Olll), who are concerned that their low share price may make them vulnerable to a cheeky bid. They have some quality assets within a short distance form the Canadian Malartic Mine in Val d’or, Quebec.

Finally I met with Maple Gold (TSX.V: MGM) who are well funded with a JV partner in Agnico Eagle, and are looking a bit tempting at the current low share price.  I did hear an interesting rumour elsewhere that maybe they might be looking at Cartier’s (TSX.V: ECR) Chimo property.

Day 1 is done, six more meetings tomorrow and it’s all over for me.

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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.

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

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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 shares in O3 Mining.

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