Gold Road Resources (ASX: GOR)
Reported that mining and processing operations have resumed at Gruyere, with consumables transported via the Northern Territory and Warburton to the east of Gruyere, whilst repairs continue on the Great Central Road, Gruyere’s main supply route from the west.
As stated previously, production at Gruyere was impacted by sustained rainfall and extended road closures during March and into April1. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Reported drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of North Western Ontario, Canada.
The highlight was hole MM24D-07-4198-001 Intersected 1.1m @ 68.36 g/t Au, from 74.25m to 75.35m, Including 0.5m @ 145.44 g/t Au, from 74.85m to 75.35m. Continue reading
Galiano Gold (TSX, /NYSE: GAU)
Provide 2024 operating and cost guidance, preliminary first quarter operational results and an update on the improved Abore Mineral Resource at the Company’s Asanko Gold Mine, located in Ghana, West Africa. Continue reading
Calibre Mining (TSX: CXB)
Announced drill results from its 2023 resource conversion and expansion program within its 176 km2Eastern Borosi Mine Complex located in northeastern Nicaragua, adjacent to a larger, 100%-owned, prolific 7,281 km2Atlantic Mineral Concession package. Continue reading
West Red Lake Gold Mines (TSX.V: WRLG)
Announced the arrival of a second underground diamond drill at its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
A second diamond drill has been added at Madsen to continue growing and de-risking this high-priority, near-mine resource area. Continue reading
Gold Road Resources (ASX: GOR)
Notes media speculation in The Australian regarding the potential acquisition of an interest in the Greenstone Gold Mines in Canada.
Gold Road confirms its participation in a sale process conducted by Orion Resource
Partners (USA) LP for Greenstone Gold Mines. Continue reading
Calidus Resources (ASX: CAI)
Provided a further update in relation to the upcoming General Meeting and Share Purchase Plan which was first announced on 22 March 2024 titled ‘Restructure positions Calidus for strong growth in cashflow’. Continue reading
Mining Review 14th April 2024
It was another exciting week for gold, with new all time highs being recorded, before a slight pullback late Friday evening.
The big news of the week was Karora Resources announcing a merger with ASX listed Westgold. Capricorn Metals and Orla Mining reported strong starts to 2024. Continue reading
Orla Mining (TSX: OLA; NYSE: ORLA)
Provided an interim operational update for the first quarter ended March 31, 2024 and an update on its activities in Panama.
The Camino Rojo Oxide Mine produced 33,223 ounces and sold 32,046 ounces of gold during Q1 2024. Continue reading
G Mining Ventures (TSX: GMIN)
Provided an update on progress made at GMIN’s 100% owned Tocantinzinho Gold Project currently under construction in the State of Pará, Brazil.
With the spot gold price trading at $2,356/oz, the Project is 87% complete and remains on track and on budget for commercial production in H2-2024. Continue reading
Calibre Mining (TSX: CXB)
Announced the operating results for the three months ended March 31, 2024.
Since 2019 Calibre has delivered annual production growth of 28% year on year, with a track record of meeting or beating expectations. Continue reading
Karora Resources. (TSX: KRR)
Karora and Westgold Resources Limited (ASX: WGX) have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Continue reading
Karora Resources Inc. (TSX: KRR)
Announced consolidated gold production of 36,147 ounces and sales of 40,343 ounces for the first quarter of 2024.
Production was negatively impacted by wet weather during the quarter. Continue reading
Capricorn Metals (ASX: CMM)
Advised that the Karlawinda Gold Project achieved 26,017 ounces of gold production for the March 2024 quarter.
Gold production for the quarter was in line with the update provided to ASX on 11 March 2024 as a result of in excess of 280mm of rain in the quarter impacting open pit mining activities at KGP. Continue reading
Mining Review 7th April 2024
What a memorable week for gold, silver, and copper, up 4%, 10%, and 8% respectively! It was certainly exciting, and lifted the prices of gold mining producers and the funds associated with them, such as GDL, GDX, SIL Etc.
Nevada King Gold Mines and Orla Mining both declared high-grade drill results. Continue reading
Orla Mining (TSX: OLA)
Provided an update on its exploration at the South Railroad Project including 2023 activities and 2024 work plans. This news release presents the second update.
The highlight was 51.8m @ 3.24 g/t Au (Sulphide). Continue reading
Calibre Mining (TSX: CXB)
Announced the 2024 exploration program and review of the exploration potential at the Valentine Gold Mine, located in Newfoundland.
One highlight was 46 gpt gold over 5.3m. Continue reading
Nevada King Gold (TSX-V: NKG)
Announced results from four vertical, reverse circulation (“RC”) holes and one vertical, PQ-diameter diamond core hole completed in the northern portion of the West Atlanta Graben Zone at its Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend, Nevada. Continue reading
Gold Road Resources (ASX: GOR)
Following a substantial and protracted regional rain event reported in early March1, the access roads to the Gruyere Gold Mine were impacted by further significant and atypical rainfall on 19 and 28 March. Continue reading
City Investors Circle
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