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Shanta Gold produced 22,400 ounces at an AISC of $701/oz in Q1

Shanta Gold produced 22,400 ounces at an AISC of $701/oz in Q1

Shanta Gold (LON:SHG) released excellent production results for its first quarter of the current year. The company produced almost 22,400 ounces of gold at the New Luika gold mine in Tanzania and thanks to the very low operating expenses of just $500/oz, the all-in sustaining cost came in substantially lower […]

Base Resources confirms strong Toliara economics in PFS

Base Resources confirms strong Toliara economics in PFS

Base Resources (ASX:BSE) has been quite active in Madagascar lately, and this has now resulted in the publication of a pre-feasibility study on the Toliara mineral sands project on the island. The economic study calls for an initial capex of just US$439M to build a 13 million tonnes per year […]

Aztec Minerals defines 5 CRD targets at Tombstone, 11 porphyry targets at Cervantes

Aztec Minerals defines 5 CRD targets at Tombstone, 11 porphyry targets at Cervantes

Aztec Minerals (AZT.V) has now completed its airborne magnetic survey over the Tombstone project in Arizona, and this survey confirmed the existence of what appears to be three target areas that were previously discovered through a mapping and sampling program. Additionally, the survey identified two additional targets which brings the […]

Great Bear Resources adds tonnes at Dixie

Great Bear Resources adds tonnes at Dixie

Great Bear Resources (GBR.V) has released another batch of assay results from its ongoing 60,000 meter drill program it’s currently completing at its Dixie gold project in Ontario’s Red Lake gold district. Great Bear has released the results from seven drill holes, which were all drilled on the so-called Dixie […]