Inca One Gold (IO.V) has announced it is purchasing the Koricancha toll mill in Peru (ex-Anthem United) from Equinox Gold (EQX.V), as the latter will be solely focusing on its mining projects in Brazil and California. The Koricancha mill has been operating at a throughput of 150 tonnes per day, […]
Camino Minerals (COR.V) has now confirmed the copper mineralization on the Adriana zone of the Los Chapitos project is now in excess of a kilometer long, as the assay results of four new drill holes confirm the existence of more copper mineralization. All four holes did intercept the Diva structure […]
Inca One Gold (IO.V) has announced May was its best month ever as the average throughput of the Chala One processing plant reached 110 tonnes per day, which is more than twice as much as the throughput in the same month last year. An excellent achievement, as it now looks […]
Lupaka Gold (LPK.V) has announced a fresh batch of sampling results from the Atenea vein on the 3430 sublevel of the Invicta project in Peru. The average grade of the samples came in at 9.22 g/t over a length of 130 meters with an average width of 4.2 meters. That’s […]
Inca One Gold (IO.V) released a new production update, and it looks like the company has finally found a good rhythm as it produced 1,224 ounces of gold in April from a total of 2,539 tonnes of ore that has been processed. This means two things. First of all, the […]
Duran Ventures (DRV.V) has signed an agreement with a local Peruvian which gives it the right to explore and extract mineralized rock from certain concessions for a period of 10 years. This agreement is structured as a mineral lease and as the project has all the paperwork needed to extract […]
Lupaka Gold (LPK.V) has now completed a systematic underground sampling program on the 3400 level at its Invicta polymetallic project. The company has identified (and confirmed) high-grade footwall mineralization (9.86 g/t AuEq) over a length of 130 meters and an average width of 6.1 Meters. This is a very positive […]
Inca One Gold (IO.V) has processed 2,018 tonnes (72 tpd) of ore-bearing material at the Chala One processing plant in Chala, Peru. That’s a substantial 33% increase compared to the 1,522 tonnes per day in the same month last year. This resulted in the production of ‘just over’ 910 ounces […]
Camino Minerals’ (COR.V) share price has continued to slide since reaching C$2 in April last year on the back of an interesting copper discovery in Peru. Whilst investors initially seemed to be speculating on Camino discovering one of the typical Peruvian large-scale copper porphyry deposits, the interest in Los Chapitos […]
Focus Ventures (FCV.V) has entered into an agreement with Italmatch Chemicals to jointly study the possibility to build and operate a P4 production facility near the Bayovar project in Peru’s Sechura region. Back in the day, P4 was used to make matches, but its use has now been expanded to […]
Lupaka Gold (LPK.V) has received the final US$2.5M cash payment from PLI (the third tranche of an initial US$6.1M streaming deal) and combined with the proceeds from selling 3.1 million shares of GoldMining (GOLD.V). After funding its ongoing activities at Invicta, Lupaka still has approximately C$7.6M in the bank which […]
Valor Resources (ASX:VAL), which purchased the Peruvian Berenguela project from SSR Mining (SSRM, SSRM.TO), has now released a JORC-compliant resource estimate (keep in mind the project was subject to the NI43-rules when SSR Mining owned it). This updated resource estimate shows an 80% increase in the total resources whilst the […]