Bluestone Resources (BSR.V) is still very successful in its attempts to convert as much of the resources into reserves as possible, and the ongoing drill program continues to confirm the presence of high-grade gold (and silver) mineralization at Cerro Blanco. The assay results of three more holes were released and […]
Elysee Development Corp (ELC.V) has just announced its audited financial results for its fiscal year 2018, which ended in November. The company’s investment strategy is clearly paying off as the net income increased to almost C$1.3M, which is the equivalent of approximately 6 cents per share. This has put the […]
OceanaGold (OGC.TO, ASX:OGC) recently signed a definitive agreement with Renaissance Gold (REN.V) which allows it to acquire a 75% interest in the Spring Peak gold project in Nevada. As per the terms of the agreement, OceanaGold can earn an initial 51% by spending US$4M in exploration over a 5-year period, […]
Petropavlovsk (POG.L) announced it produced a total of 422,300 ounces of gold in FY 2018 and although this is a respectable result by any standard, the output barely met the lower end of the production guidance which called for a total production of 420,000-450,000 ounces (midpoint: 435,000 ounces). Except for […]
Dacian Gold (ASX:DCN) has declared commercial production at its Mt Morgans gold mine on January 1st, following an excellent Q4 result wherein the mine produced almost 38,000 ounces of gold, which is a 30% increase compared to the previous quarter. The higher production rate appears to be in line with […]
Nelson Resources (NES.ASX) has recently released the assay results from a Reverse Circulation drill program conducted on its Yarri gold project in Western Australia. The project is located in a very interesting spot as it’s surrounded by several other (larger) gold projects indicating there could perhaps be some synergy advantages […]
It’s always interesting to see how companies are spending their cash positions. Some prefer to fund the golf club membership of a CEO or hand out C$30,000 annual car allowances, but companies like Contact Gold (C.V) are spending the cash where it should be spent: on the ground to aggressively […]
Chaarat (CGH.L), the London-listed exploration company focusing on gold exploration in the Kyrgyz Republic has published an updated resource estimate on its flagship Tulkubash gold project in the country. The company has now added 210,000 ounces of gold to its measured and indicated resource categories (JORC-compliant) which now consists of […]
M2 Cobalt (MC.V) has been in a trading halt since yesterday and although the company hasn’t issued a press release yet, an ASX-listed company released an interesting piece of information last night. Jervois Mining (ASX:JRV), an Australian company with a market capitalization of just over A$60M, has entered into a […]
Thomson Resources (ASX:TMZ) has completed a total of 1,800 meters of drilling at its Bygoo tin project (10 holes for 762 meters were completed at Bygoo North, while the Big Bygoo area, just two kilometers away, was the subject of an additional 15 holes for a total of 1036 meters) […]
Millennial Lithium (ML.V) is still on track to publish a definitive feasibility study by this summer, and recent metallurgical test work conducted by SGS in Lakefield has now confirmed the lithium that will be recovered from the Pastos Grandes brines could be successfully upgraded to the standards required for battery […]
Comstock Metals (CSL.V) has reached an agreement with Yukon-focused White Gold Corp (WGO.V) to sell its QV gold property to the latter. White Gold will pay C$375,000 in cash and issue 1.5 million new shares to Comstock Metals, which gives this deal a total value of approximately C$2.6M using a […]