@caesarsreport - Tumblr Blog

Inca One produces 1,846 ounces gold in June

Inca One Gold (IO.V) is slowly increasing the throughput of its two processing facilities again now the delivery of gold-bearing rocks is increasing again after an extended rainy season and relatively weak deliveries in May.

In June, the company produced 1,846 ounces of gold after processing almost 3,800 tonnes of rock. The throughput is in line with the total amount of deliveries (which came in…

View On WordPress

#Chala #gold #IncaOne #IncaOneGold #Peru #$IO.V #Koricancha

Brixton Metals raises C$7.7M on the back of the excellent hole at Thorn

Brixton Metals (BBB.V) is taking advantage of the attention it recently received after drilling a very successful deep hole at Thorn, encountering economic grade copper-gold mineralization (along with some other metals) over an entire length of in excess of 550 meters.

Brixton has made sure its financing was ‘priced to sell’ with the hard-dollar units priced at C$0.18 consisting of one share and…

View On WordPress

#BritishColumbia #BrixtonMetals #EricSprott #gold #Silver #Thorn #$BBB.V

Kenmare Resources guides for higher-grade material in H2

Kenmare Resources (LON:KMR), a London-listed producer of mineral sands in Mozambique has provided the production results for its first half of the year. Although the company confirmed it remains on track to achieve its full-year guidance, the total production of heavy mineral concentrate came in a bit light in the first semester as Kenmare was working through a zone of lower grade material (this…

View On WordPress

#Ilmenite #KenmareResources #MineralSands #Mozambique #Rutile #Zirconium #$KMR.L #Kenmare #Moma

Saturday Read: Integra Resources ticks another box with updated metallurgical results

Integra Resources (ITR.V)has confirmed its preliminary metallurgical test results with a more comprehensive update. The updated results confirm the Florida Mountain deposit appears to be the best choice for a heap leach operation with gold recoveries between 80-90% and silver recoveries between 20% and 50%. While the DeLamar oxide and transitional zones could also be processed through a heap…

View On WordPress

#DeLamar #FloridaMountain #gold #Idaho #IntegraResources #NegroGulch #$ITR.V

Alianza Minerals signs joint venture deal with Coeur Mining, raises C$1M

Alianza Minerals (ANZ.V) has signed a LOI with Coeur Mining (CDE) to jointly explore the Tim property in Canada’s Yukon Territory. Coeur is a logical partner for Alianza as Coeur’s Silvertip mine (which is currently being ramped up to full production) is just over 12 kilometers away from Tim.

As part of the agreement, Coeur Mining will be able to earn an initial 51% interest in Tim by spending…

View On WordPress

#AlianzaMinerals #CoeurMining #Silvertip #Yukon #$ANZ.V

Riverside Resources expands into Canada

Riverside Resources (RRI.V)now no longer is a purely Mexico focused prospect and project generator as the company has now staked its first claims in Canada. Riverside called its new project the Oakes Gold Project, and the claims are located in northwestern Ontario in the Geraldton region. Although the Geraldton region may not immediately ring a bell, there are some past producing mines in the…

View On WordPress

#Canada #gold #Oakes #PremierGoldMines #RiversideResources #$PG.TO #$RRI.V

Osino raises almost C$3.6M to continue its Namibian activities

Osino Resources (OSI.V) has now completed an oversubscribed private placement, raising C$3.588M by issuing 10.25 million units at C$0.35 per unit. Each unit consisted of one common share and a half warrant with each full warrant allowing the warrant holder to acquire an additional share at C$0.55 for a period of two years.

The net proceeds of this financing will obviously be used for the…

View On WordPress

#AuryxGold #B2Gold #Namibia #OsinoResources #TwinHills #$OSI.V

Millennial Lithium publishes positive feasibility study results for Pastos Grandes

Millennial Lithium (ML.V)has now published the summary of its feasibility study on the Pastos Grandes lithium project in Argentina’s Salta province. The feasibility study shows the company’s PEA was very robust as there are very few changes: the initial capex is estimated at US$448M ($410M in the PEA) and the average production cost for the lithium is estimated at just below US$3,400 per tonne…

View On WordPress

#Argentina #Li #Lithium #MillennialLithium #PastosGrandes #Salta #$ML.V

Great Bear proves it has a good understanding of the structural controls at Dixie Limb with more high grade results

Since Great Bear Resources (GBR.V) has completed its flow-through placement, raising C$10.9M by issuing 2 million new shares at C$5.45, it has continuously been releasing drill results and most holes continue to add value to the Dixie gold project.

In yesterday’s update, Great Bear was once again able to publish high-grade assay results but even more important than the grades (with for instance…

View On WordPress

#Dixie #DixieLimb #GreatBearResources #RedLake #$GBR.V

Contact Gold secures past-producing gold project in Nevada allowing it to work year-round

Contact Gold (C.V) has entered into an agreement with Ely Gold Royalties (ELY.V) to acquire the Green Springs gold project from the latter. Green Springs is a past-producing project approximately 60 kilometers southwest of Ely and just 10 kilometers east and 20 kilometers southeast from Fiore Gold’s (F.V) Gold Rock and Pan projects.

The total historical production at Green Springs is estimated…

View On WordPress

#Carlin #ContactGold #gold #Nevada #$C.V #$ELY.V

Golden Arrow Resources sells its remaining 25% stake in Chinchillas

Golden Arrow Resources (GRG.V) announced yesterday it is selling its remaining 25% interest in the Puna operations (consisting of Pirquitas and Chinchillas) to joint venture partner SSR Mining (SSR.TO, SSRM) for a total enterprise value of just over C$44M. That’s almost exactly the dollar amount we came up with (C$45M) in our October 2018 report based on a silver price of US$16.

Of the C$44M,…

View On WordPress

#Atlantida #Chinchillas #GoldenArrowResources #Indiana #SSRMining #$GRG.V

Ferrexpo should be printing money at the current iron ore price

Ferrexpo (LON:FXPO), the London-listed iron ore pellet producer with a mine and plant in Ukraine, has reported a total production of 5.35 million tonnes of iron ore pellets of which 5.14 million tonnes had an average grade of 65% Fe while the remaining 215,000 tonnes reported a 62% Fe content. It’s encouraging to see the global production increase (up 5.3%) while the production of the higher…

View On WordPress

#Fe #Ferrexpo #IronOre #Ukraine #$FXPO #$FXPO.L

Report: Generation Mining – A credible PGM project in a safe region

[button link=”http://caesarsreport.com/freereports/CaesarsReport_2019-07-22.pdf” window=”yes” variation=”blue” size=”large”]↓ Download PDF[/button]

The Palladium markets have been red-hot lately, but it is extremely difficult to find decent platinum-group metals (PGM) projects with a nice palladium content in Tier-1 jurisdictions. Most of the larger PGM projects are in riskier countries…

View On WordPress

#GenerationMining #gold #Palladium #PGM #Platinum #PlatinumGroupMetals #$GENM

Delrey Metals receives all relevant drill permits for Four Corners

Delrey Metals (DLRY.C) continues to make good progress in Newfoundland and Labrador as the local Department of Natural Resources has granted the company all relevant permits to establish 20 drill sites and four trenches at its Four Corners polymetallic project.

Although this project was originally included in the Delrey Metals asset portfolio as a vanadium project, we feel all three elements…

View On WordPress

#DelreyMetals #FourCorners #IronOre #Vanadium #$DLRY #$DLRY.V #Titanium

Updated metallurgical test work indicates 83% recovery rate at Clayton Valley

Cypress Development (CYP.V)and its partner, Lilac Solutions (a lithium extraction technology company) have reported on their most recent test work conducted on the clay-hosted lithium resource at Clayton Valley, Nevada. According to the recent results, approximately 83% of the lithium was recovered while 99% of the impurities were rejected. Both are important elements to ensure the economic…

View On WordPress

#CypressDevelopment #LilacSolutions #Lithium #Nevada #$CYP.V

Contact Gold goes back to the Bowl Zone to hit higher-grade gold

After a successful exploration campaign in 2018 wherein Contact Gold (C.V)confirmed the widespread presence of gold mineralization on its greater Pony Creek area (with very thick intervals such as 93 meters at 0.33 g/t gold), the company decided to go back to the main Bowl Zone which hosts the historic resource estimate (1.2 million ounces at 1.5 g/t gold). We aren’t sure that historical…

View On WordPress

#ContactGold #gold #Nevada #PonyCreek #VanceSpalding #$C.V

Deep hole at Thorn confirms Brixton’s exploration model

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 was drilled to a total depth of 829 meters, but the key zone was encountered between 97 meters…

View On WordPress

#BrixtonMetals #Copper #NewcrestMining #Thorn #$BBB.V

Trending Blogs

Recently Viewed Blogs