Trans-Siberian Gold (TSG.L) ended the year on a strong note as it produced just over 13,000 ounces of gold in the final quarter of the year. It was able to increase its gold production rate by 6.7% on a YoY basis thanks to an increase of 5.8% in the average […]
Pacton Gold (PAC.V) is gearing up for its 2019 exploration season by outlining its exploration plans for the year. The main focus of the company will still be on Australia’s Pilbara region where Pacton will be chasing nugget-hosting conglomerates and Pacton plans to work on every tenement it owns in […]
Comstock Metals (CSL.V) has just released the assay results from its 5-hole drill program on the Preview SW Gold project in Saskatchewan, which was completed in December last year. The company was targeting the North zone where it previously enjoyed positive exploration results, which made it an easy decision to […]
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 […]
Sometimes even the companies with the most promising projects get caught in a downturn and despite an already sizeable resource estimate and its ability to raise C$17M in a no-warrant capital raise, Integra Resources (ITR.V) saw its share price get hit by tax loss selling. The company’s management team saw […]
Polymetal International (POLY.L), the Russian senior gold producer, is now in a position to start the construction activities on its Nezhda mine by the end of this quarter as it has now completed the deal wherein it acquired full ownership of the project. The company had to acquire a final […]
Rise Gold (RISE.C) released additional assay results from its ongoing drill program at the Idaho-Maryland mine in California in December, and this drill program, which has been designed to test new targets, has returned the highest gold value to date. The hole Rise reported on was targeting the 52 Vein […]
