Latest articles

Tembo Gold Corp. - Site Visit Photo

Tembo Gold announces equity financing

Tembo Gold (TEM.V) has announced an equity offering marketed by a consortium of brokers led by Canaccord Genuity. Tembo hopes to raise C$3.5M to continue their exploration drill program at their 100% owned Tembo project in Tanzania. This capital raise will be conducted at a price of C$0.40/share with ½ […]

Lydian intersects more gold outside the current Amulsar pit shell

Lydian intersects more gold outside the current Amulsar pit shell

Lydian International (LYD.TO) has intersected more gold at their 100% owned Amulsar project in Armenia. The company reports an intercept of 111 meters at 1.1g/t gold just outside the current pit outline. Further to the southeast, Lydian intersected 30 meters at 1g/t gold, indicating there’s definitely more gold on the […]

Deep trench in the core area of the Western VMS Zone

Alexander Nubia appoints new CFO and Director of IR

Alexander Nubia (AAN.V) has appointed Paul Robertson as their new CFO and announced the appointment of Andrea Clark as director of investor relations. It seems like the company is trying to reach more retail investors by appointing a director of IR who can help to get the story out to […]

Columbus Gold Corp. - Site Visit

Columbus Gold exceeds our expectations

Columbus Gold (CGT.V) has just announced an inferred resource estimate of 5.17Moz of gold (using a 0.5g/t cutoff versus the company’s proposed 0.3g/t cutoff) which is more than double our expected 2.5Moz. The average grade is a very respectable 1.6g/t which makes the Paul Isnard project definitely one of the […]

Revett Minerals Inc. - Troy Mine

Revett Minerals anticipates mine re-opening in early Q2

Revett Minerals (RVM.TO, NYSEMKT:RVM) has updated the market on the current reserve estimate of their 100% owned Troy Mine in Montana. They currently have 11M tonnes at an average grade of 1 oz/t of silver and almost 0.4% of copper for a total amount of 11M oz of silver and […]

Pilot Operations - Evaporation Pond & Water Well Development

Allana Potash’ Feasibility Study confirms the PEA results

Allana Potash (AAA.TO) has finally announced the outcome of the feasibility study on their 95% owned Danakhil Potash Project in Ethiopia, Africa. The capex will be approximately $650M and the opex will be around $100/t. This results in a very respectable after-tax NPV10% of $1.32B. Although the capex has come […]

On site drilling - Site Visit Photo

Tembo Gold releases more drill results

Tembo Gold (TEM.V) has announced the assay results for hole TRC003 which is the first of a serie of planned close-spaced drill holes. They intercepted 23 meters at 4.7g/t that almost entirely consists of two higher-grade intervals of 4 meter at 5.28g/t and 1 meter at almost 78g/t. The company […]

RC Drilling at Mt. Venn

Global Metals closes SPP and releases the quarterly report

Global Metals Exploration (ASX:GXN) announced the completion of the Share Purchase Plan (SPP), raising A$353,000 before costs. Combined with the earlier concluded share issue worth A$192,000, Global Metals raised an aggregate A$545,000 before costs. According to their new quarterly report the company had approximately A$75,000 in cash, but we expect […]