Southern Silver Exploration (SSV.V) has been able to update its resource estimate at the Cerro Las Minitas project after completing an additional 10,157 meters of drilling. These additional meters added a lot of value as the indicated resource increased to almost 134Moz AgEq (consisting of 37.5Moz silver, 35,000 ounces gold, […]
Bravada Gold (BVA.V) has closed a first tranche of its previously announced financing, raising C$567,000 by issuing 8.1M units at C$0.07 (with each unit consisting of one share and a full warrant with a strike price of C$0.12 and expiring in 4 years). The proceeds will be used for a […]
It has been a few years since Riverside Resources (RRI.V) has been tied up in a strategic alliance and since Antofagasta (LON:ANTO) didn’t pursue the joint venture in 2016, Riverside has mainly been working on one-off joint venture deals with a range of companies on one or a few projects. […]
Although the main focus of this year’s exploration budget will be on the Atlin gold camp, Brixton Metals (BBB.V) has decided it wants to drill one deep hole at Thorn, where the company hopes to hit widespread porphyry-type mineralization. This deep hole is meant to follow up on a previous […]
A few months after securing C$2.85M in funding in a private placement that was priced at C$0.29 per share, Contact Gold (C.V) has now (finally) nailed down the terms of its raise with the two underwriters of the pre-announced prospectus offering. Contact will raise C$4M at a fixed price of […]
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 […]
The recent cash inflow from the C$600,000 placement allows Medallion Resources (MDL.V) to aggressively advance its production of Rare Earth Elements by processing monazite, a waste product from mineral sands operations. The ongoing test work is now focusing on two important parts of the process: first of all, the company […]
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 […]
Atalaya Mining (AYM.TO, LON:ATYM) has produced just over 10,200 tonnes of copper in the first quarter of this year despite a lower average grade of 0.46% copper. The total throughput of the mill in the first quarter was 2.4 million tonnes (which is lower than in Q4 2018 but higher […]
Hypes come and go and while most graphite focused companies that surfed the hype-wave have moved on to follow a new ‘hype du jour’, some companies have continued to work on their projects as they actually have merits. NextSource Materials (NEXT.TO) is one of those companies that didn’t have much […]
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 (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 […]
