As you may remember, Brixton Metals (BBB.V) was planning to drill one hole at Thorn this year to drill-test the copper mineralization that was encountered in previous exploration programs. The assay results of that hole were published yesterday and were much better than we dared to hope for. The hole […]
Oroco Resource Corp. (OCO.V) isn’t wasting any time since winning the court ruling giving it the rights to earn an initial stake of 81% in the Santo Tomas copper porphyry project in Mexico. Considering this is one of the largest copper projects in the world (the company is awaiting an […]
Hot Chili (ASX:HCH) continues to pull very intriguing drill results out of the ground on its Cortadera project in Chile. The main zone (Cuerpo 3) hosts what appears to be a sizeable copper-gold porphyry system and the headline result of 622 meter (which was later upgraded to 750 meters after receiving […]
Tethyan Resources (TETH.V) has now completed and published the assay results of a 7-hole, 2,450 meter drill program on its Rudnica copper-gold project in Serbia. Three holes were drilled into the Rudnica system, while Rudnica North also was the subject of four drill holes. The strongest results were encountered at […]
Riverside Resources (RRI.V) has entered into a binding agreement with Millrock Resources (MRO.V) to acquire five projects from the latter for a total consideration of C$35,000 in cash and 150,000 shares of Riverside Resources. According to Riverside, it had been eyeing some of the properties for quite a while, and […]
A little while ago, Atalaya Mining (AYM.TO, LON:ATYM) reported its financial results of the first quarter of the year after it had already pre-published its production results (re-read them here). The impact of the lower copper price ($2.80 per pound on average) was mitigated by an 8.2% production increase as […]
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 […]
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 […]
MOD Resources (MOD.AX) released the results of its feasibility study at the end of last month, and it does look like the T3 Project meets all criteria especially as the initial capital expenditures for a 3 million tonnes per annum operation are quite low at $182M. As MOD expects to […]
K92 Mining (KNT.V) is currently completing a 2,400 meter drill program to drill-test a previously discovered mineralized system in an attempt to figure out if the copper-gold mineralization could be viable. KNT plans to drill 6 holes that reach a depth of 400 meters, and the assay results of the […]
At our most recent visit to the PDAC conference in Toronto (and some smaller conferences right before the PDAC started), we had the impression more companies are now focusing on copper as their new main commodity. Unfortunately we failed to see any new advanced stage copper stories (most were early […]
