Month: October 2017

Cardinal’s Namdini project now contains 7.4 million ounces

Cardinal’s Namdini project now contains 7.4 million ounces

Cardinal Resources (CDV.TO, ASX:CDV) has released an updated resource estimate on its Namdini gold project in Ghana. The company most definitely did meet the expectations as the updated resource estimate contains more gold than originally anticipated, whilst having 4.3 million ounces in the indicated category is a good step towards […]

Medallion Resources resumes REE test work

Medallion Resources resumes REE test work

Medallion Resources (MDL.V) has now resumed its test work to extract Rare Earth Elements from monazite, a by-product from mineral sands operations. The company has recently closed a first tranche of a placement, raising C$670,000 which now allows it to continue its test work, led by Kurt Forrester, a Chemical […]

Flash Update: Prize Mining

Flash Update: Prize Mining

Prize Mining (PRZ.V) has been spending the summer trying to get a better understanding of its Kena-Daylight project in British Columbia by executing a sampling-based exploration campaign. On top of that, CEO Feisal Somji was successful in adding the Toughnut property to the land package when it exercises an option […]

88 Energy: all we can do is wait

88 Energy: all we can do is wait

88 Energy (88E.L, ASX:88E) has had a busy summer, but unfortunately this didn’t result in the desired results. After an initial test-run, the Icewine #2 well was shut in on July 10th for about 7/8 weeks to allow for some pressure to build up in the well. On August 31st, […]

Capstone Mining produces 22,000 tonnes of copper in Q3

Capstone Mining produces 22,000 tonnes of copper in Q3

Capstone Mining (CS.TO) has produced a total of 22,000 tonnes of copper in the third quarter of this year which is almost 10% lower than the production result of the second quarter, despite having an additional calendar day in Q3. Both the Pinto Valley and Minto projects produced less copper, […]

Report: First Cobalt – Focusing on the Canadian cobalt camp

Report: First Cobalt – Focusing on the Canadian cobalt camp

All eyes were on lithium and lithium companies recently as the Electrical Vehicle (EV) sector is booming, but you can’t make batteries with just lithium. Another important component is cobalt and if there’s one metal which is heading towards a supply crunch, cobalt would top that list. Enter the scene, […]

Saturday Read: Contact Gold: An Opportunity?

Saturday Read: Contact Gold: An Opportunity?

Sometimes the market needs some time to fully appreciate the true value of a company and its assets. Despite having attracted Goldcorp (GG, G.TO) as strategic investor, Contact Gold’s (C.V) Initial Public Offering seemed to have been flying under the radar. And that’s a pity as this fully cashed-up exploration […]

No appeals against Excelsior’s state operating permit!

No appeals against Excelsior’s state operating permit!

Excelsior Mining (MIN.TO) reported the ADEQ notified the company it did not receive any appeals during the 30 day appeal window after granting the Aquifer Protection Permit, which was one of the two permits which remained outstanding. Now only the federal Underground Injection Control permit remains outstanding, which has to […]