Cabral Gold’s Post

Sunshine requires US$10.5Mil investment to further advance their flagship project, Sand River Gold, in the Witwatersrand Goldfield. Funds are required to complete Concept to Bankable Feasibility studies and for a Mining Right application. Sand River Gold has a SAMREC compliant Inferred Gold Resource of 17.63 Moz at 5,38 g/t (at a cut-off grade of 250 cmg/t) and ranks as one of the top global gold discoveries of the past 10 years. The Project borders two large gold mines, with mining activities approaching to as close as 12 metres from Sand River Gold. An additional 15.5 Mlb of uranium (U3O8) is available as by-product during future gold mining. https://lnkd.in/ePT_pm_Y

Resources + Energy Group Gears Up for First Gold Pour at East Menzies Project (ASX: REZ) REZ’s Group Managing Director, Daniel Moore, commented on the developments: “Gold mining activity at our Maranoa project is now ready to proceed once approval from DIMRS is received. We proved in FY2022 that, working with a reputable mining contractor, gold projects of this scale can be very profitable at a gold price of circa A$2,600. As the current gold price is now around A$3,500, we are hoping to improve on that success.” “Lamington see Maranoa as a major opportunity to provide the local industry with economic processing options that can be scaled up and provide cash flow for companies like REZ, which has high-grade, low-volume assets that have previously required trucking ore up to 130km to the nearest mill. Successfully undertaking gold mining operations and processing using the trial vat leach facility for gold production at Maranoa, opens up a number of other old gold mines on our tenements for similar operations” Read our article below: https://lnkd.in/gdffjwBY #gold #mining #resources #geology #stocks #rez #asx

Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) released new assay results from three drill holes at its Hat porphyry project, in the Stikine mining district of northwestern British Columbia, Canada. The project boasts several critical North American metals, including #copper, #cobalt, and #scandium. Drilling confirmed southern and southwestern extensions of the Lisle zone of porphyry-style mineralization, with notable intercepts such as 213.7 meters at 0.21g/t Au (1.05% Cu Eq) and 2.0 meters at 2.85g/t Au, 254 g/t Co, and 1.38% Cu. Doubleview’s 2023 drilling campaign focused on exploring and confirming the southern and southwestern extensions of the Lisle zone of porphyry-style mineralization. The results indicate robust metal values and expansive dimensions, along with a previously undisclosed area featuring high #gold and cobalt values. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #DBG #DBLVF http://ow.ly/jgSj105guKH

🗞️ NEWS -- Fokus Mining Corporation (TSXV: FKM) | (OTC: FKMCF) announces that it now has begun its 1,250 metres of exploration drilling to further test the Moriss Sector following up on the 1,500 metre drill campaign from November where the Company intersected some high-grade gold mineralization in gold bearing structures that seem to intersect the Moriss Zone perpendicularly . ⚒️ 🗣️ "Jean Rainville, CEO and President of Fokus, stated that based on the significant gold values intersected in the five holes drilled in a westerly direction, the Company will conduct further exploration work to confirm the potential presence of a north-south trending mineralized system in the sector. This additional exploration work could greatly improve our understanding of the area and its potential, particularly in light of the previously confirmed existence of the east-west gold mineralized Moriss shear zone." As shown on Figure 1, the recent results of drilling on Moriss Zone are quite conclusive. ⛏️ 🔗 https://lnkd.in/gH5db9Rb #stocks #trading #invest #gold

What is gold heap leaching and how do you evaluate these types of projects? CostMine Intelligence’s Mining Cost Service has released its Gold Heap Leach Cost Guide for 2023, following up on its 2015 and 2020 reports The guide reviews 367 projects from around the world from various stages of activity from exploration, feasibility, construction, production, decommissioning, closed/active to closed/care & maintenance. The report includes: - Global review of projects (grade, tonnage, location) - Mining and processing cost models,   - Special topics such as leach pad construction, estimates of closure costs of heap leach, agglomeration, site preparation and others, and   - Cost indexes specific to capital and operating costs of operations. Learn more about this report here: https://lnkd.in/g2sEfsR9 #mining #gold #costs #investing #finance

Canadian 🇨🇦 Mining ⛏️ News 🗞️ Fokus Mining Corporation (TSXV: FKM) Provides Corporate Update “We strive to optimize the dollars spent on our drilling campaigns, and we believe it is extremely important that independent parties constantly review our geological models and help us better define our drill targets”. Jean Rainville, President, and CEO 📈 TSXV: FKM - OTCQB: FKMCF - FSE: F7E1 📈 #Gold #Mining #Exploration #Quebec #Canada #Goldmining #Preciousmetals #Miningstocks #Goldstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Gold #Goldinvestment #Stocks #Resource #Investing To learn more about Fokus Mining please visit https://lnkd.in/gAMwDxMg For the full news release follow the link below https://lnkd.in/gXTeMwUQ

Mining ⛏️News 🗞️ Fokus Mining Corporation (TSX-V: FKM) Begins Its Winter Drilling Program on The Galloway Gold Project As indicated in the press release of September 6, 2023, the first series of holes is being completed on the Moriss Zone for a total of around 950 metres with six shallow holes designed to validate a possible NS gold system. Several holes had already intersected high gold values in this sector and an initial NI 43-101 compliant resource estimate for Moriss was released earlier in 2023: 514,000 tonnes grading 2.74 g/t gold. The program will also include a series of holes in the Fayolle sector located North East of Moriss. See Images below. Jean Rainville, President, and CEO of Fokus stated: “Having reviewed the data, we believe it is worth continuing our efforts at Moriss and additional funds will be allocated to Fayolle in the short term to complete our minimum target of 1,500 metres in this campaign.” 📈 TSX-V: FKM - OTCQB: FKMCF 📈 #Gold #Mining #Exploration #Quebec #Canada #Goldmining #Preciousmetals #Miningstocks #Goldstocks #Stockstowatch #Smallcapstocks #Stockmarketinvesting #Investments #Investors #Gold #Goldinvestment #tsxv #stocks #Resource #Investing For today's news follow the link below ⬇️ 🔗 https://lnkd.in/gbsbBcBA

Minnovare's Development Optimiser trials were conducted across seven underground sites with global mining contractors, and mine operators in Western Australia to demonstrate the value of the Development Optimiser through improved drilling outcomes.   The trials saw an overall improvement in the consistency of drilling relating to both overbreak and underbreak. This resulted in a 44.3% average reduction in gross overbreak across all 7 mine sites.   Read the outcomes of the trials on our website https://lnkd.in/gQvcJAH4   Minnovare's range of drilling optimisation solutions are part of Hexagon’s Underground Mining portfolio. Hexagon’s life-of-mine solutions connect and leverage data from planning and operations to safety and sustainable reclamation, enabling optimal extraction of your mine’s potential value— safely, sustainably, and profitably. Follow Hexagon Mining to learn more.   #developmentdrilling #undergroundmining #miningtechnology

First Nordic Metals, a prominent mining company, has announced a significant gold discovery at the Brokojan target within its Paubäcken project in Northern Sweden. The company's CEO, Taj Singh, revealed the findings from a comprehensive glacial till geochemical survey and drilling program, identifying Brokojan as a large orogenic gold system with a multi-element pathfinder till anomaly. Notably, the Brokojan and adjacent Harpsund targets form a substantial semi-continuous southeast-northwest trending anomaly extending over 5.5 km in strike length. Furthermore, the results indicated an extension of bedrock anomalism along the Aida structural target by approximately 1 km to 1.5 km, confirming gold mineralization. First Nordic Metals, established in March 2024, holds a significant land package in the region, encompassing a major gold belt with a striking length of 100 km and a 2.4-million-ounce gold project in joint venture with Agnico. The company also possesses a greenstone belt project in Finland with a maiden resource exceeding 300,000 ounces of high-grade gold. First Nordic Metals plans to advance these targets to the drill testing stage, with follow-up exploration programs, including diamond drilling, scheduled for 2024. @firstnordicmetals #mining #golddiscovery #northernsweden

Stephen Gunnion discusses Greatland Gold's strategic advances with the junior's managing director Shaun Day. SG: Shaun, thanks for joining us. Can we start with the recent shift in your joint venture partnership at Havieron from Newcrest Mining to Newmont Mining? How significant is this change for the project? SD: We're extremely excited about the new partnership with Newmont. They are the world's largest gold miner, bringing a wealth of expertise and capacity to the Havieron project. This change, which happened in mid-November, has already started to positively impact our operations. Newmont's expertise, particularly in large-scale underground mining operations, is a great asset as we advance with our feasibility study and optimization efforts throughout 2024. More at #Proactive #ProactiveInvestors #AIM #OTC #GGP #GRLGF #mining #gold #greatlandgold #naturalresources #goldexploration http://ow.ly/AS8u105cOji