Capstone Copper’s Post

North Bay Resources Inc. (OTC:NBRI) CEO Jared Lazerson joined Proactive to discuss the company’s progress at the Mt Vernon Gold Mine. Key updates include the completion of the operating plan, which will allow North Bay Resources to start production upon its approval. The company is planning a 500-ton bulk sample, which will be used to optimize the mine plan and evaluate the mine’s potential, as well as generate early revenue through gold and platinum production. Proactive: You've talked about in the last couple of months that there are certain steps that have to take place in order to get to where you want to take the company. Regarding the Mt Vernon Gold... http://ow.ly/hljn105IH2a

Silver seems to be the talk of metals markets. Production and supply deficits, talked about for many years, now seem to be a very real probability. Few silver mines in the Australian market and even fewer discoveries over the past decade. Dover Castle Metals has a unique silver deposit and project in North Queensland that is currently being drilled for further delineation. Currently in private hands, it may become a "project of interest" #silver #dovercastlemetals #preciousmetals #criticalmetals #QldMining

Congratulations to Dolly Varden Silver Corp. (TSXV: DV | OTCQX: DOLLF) on closing the first tranche of its $28 million bought-deal offering, with participation by Eric Sprott. Research Capital acted as the co-lead underwriter and sole bookrunner for the Offering. The proceeds from the Offering will be used for further exploration, resource expansion, drilling in the combined Kitsault Valley Project, working capital and general corporate purposes. Dolly Varden Silver Corporation is a mineral exploration company focused on advancing its 100%-held Kitsault Valley Project located in the Golden Triangle of British Columbia, Canada, 25 km by road to tide water. The 163 sq km project hosts the high-grade #silver and #gold resources of Dolly Varden and Homestake Ridge along with the past producing Dolly Varden and Torbrit silver mines. It is considered to be prospective for hosting further precious metal deposits, being on the same structural and stratigraphic belts that host numerous other on-trend high-grade deposits, such as Eskay Creek and Brucejack. Five kilometres to the East of the Kitsault Valley Project is the Big Bulk property which is prospective for porphyry and skarn style #copper and gold mineralization, similar to other such deposits in the region (Red Mountain, KSM, Red Chris). View the press release here: https://lnkd.in/dmaf8cGS #mining #capitalmarkets #equity #stocks #investing #investmentbanking #smallcaps

In case you missed it: Sam Lee, President & CEO of NorthIsle Copper & Gold sat down today with host Peter Grandich to discuss the significance of Wednesday's news. Sam highlighted that the company has significantly boosted its resource estimate at the Northwest Expo deposit within the North Island Project, adding one million gold equivalent ounces in Indicated Resources and 0.7 million in Inferred. This milestone, achieved with a discovery cost of less than $10 per ounce, triples the Net Smelter Revenue of its 2021 PEA and positions NorthIsle for strategic development with high returns. Sam added, with a fully funded 2024 drill program aimed at further improving resource grades and exploring new zones, Northisle sets the stage for a transformative year. Watch full interview here: https://bitly.ws/3fLS2 #miningmilestones #gold #copper #resourceestimation #preciousmetals #criticalminerals #resourcedevelopment #investing #exploration

29Metals Chair Owen Hegarty has issued a letter to 29Metals shareholders and supporters following recent trading activity. “The underlying value of the Company’s assets is unchanged, with over 120Mt in Mineral Resources and over 30Mt in Ore Reserves, at very competitive metal grades of copper, zinc, gold, silver and lead; and Mineral Resources and Ore Reserves estimates with significant upside potential to sustain, grow and extend our business well beyond the current 10-year plus mine lives at both Golden Grove and Capricorn Copper. Without question, 2023 was a challenging year for the Company - as shown in our results at the half-year and our December 2023 quarterly report – and a challenging year for our shareholders. Shareholders can be confident that the Board of Directors and the management teams across the business are entirely focused on achieving successful outcomes at both our operations and building the business for the future. 2024 is a recovery year to set us up for long-term success.” Read the full letter here: https://lnkd.in/g28Q6Kjw #29Metals #copper

The #Yukon is host to some of the world’s highest-grade silver deposits, putting Canada’s westernmost territory in a prime position as demand for the metal with over 10,000 industrial uses – from microchips to microwaves – looks set to soar.   Silver North Resources Ltd. (TSX-V:SNAG, OTCQB:TARSF) has already seen the future and is preparing for the ride.   Formerly Alianza Minerals, CEO Jason Weber said the company embarked on a major reorganization that culminated with its name change to focus on the potential of its under-explored high-grade Haldane silver project in the Keno Hill silver district in the central Yukon.   Apart from a diverse portfolio of assets that included copper and gold in projects stretching from British Columbia to Nevada, the failure of the Keno Hill silver mine under Alexco Resourc was also a detractor, Weber told Proactive.  More at #Proactive #ProactiveInvestors #TSXV #OTCQB #SNAG #TARSF http://ow.ly/5lZN10569Sr

#StockBox $SBMI.V $SBMCF StockBoxMedia spoke to Silver Bullet Mines Peter Clausi where he discusses the Company's latest achievements and progress. Watch below ⬇  https://lnkd.in/egkm2Jze ➡ Silver Bullet Mines is making progress towards the high-grade zone, referred to as Zone One. ➡ The company recently concluded a financing round, raising $330,000. Part of this funding will be used to enhance safety measures in the mine. ➡ Assay results from November and December, indicate an average of 24 ounces per ton of silver.

We're pleased to share Torex Gold’s Q1 2024 financial and operational results, setting the pace for a transformational year ahead for Torex. The following are just a sample of our key achievements in the first quarter: ✅ We achieved quarterly gold production of 115,494 ounces, putting us nicely on track to achieve our annual production guidance of 400,000 to 450,000 ounces. ✅ Our cost performance, combined with a record quarterly average realized gold price of $2,023 per ounce, resulted in an impressive all in sustaining costs margin of 39%. ✅ We continued to deliver excellence in safety, reaching 14 million hours without a lost-time injury at our ELG Mine Complex, and exiting the quarter with a lost-time injury frequency of 0.15 per million hours worked for the broader Morelos Complex. ✅ The Media Luna Project continues to advance as planned, with the project close to 70% as at the end of Q1. Substantial progress was made on development and construction activities, with first concentrate production anticipated before year-end. ✅ Our liquidity position remains excellent as we exited the quarter with $405 million in available liquidity (including $113 million in cash), which more than covers the $257 million of upfront expenditures remaining on the Media Luna Project. All in, we delivered another solid quarter that lays a solid foundation for continued success and value generation. Read the full release here: https://lnkd.in/e9ZVJwxQ

#ASXNews WIN Metals Completes Strongly Supported A$3.6 Million Conditional Placement WIN Metals is pleased to announce that it has received firm commitments to raise A$3.6 million (before costs) via a conditional share placement at an issue price of A$0.025 per share, together with 1 free attaching option for every 2 shares issued under the placement (Placement). The Company received strong support for the Placement from new and existing sophisticated and professional investors, with demand in excess of total funds sought under the Placement. • Firm commitments received for a A$3.6 million conditional placement to new and existing sophisticated and professional investors at A$0.025 per share. • Placement proceeds will primarily be used to fund acquisition costs and #exploration and evaluation work at the Butchers Creek #Gold Project. #WIN Managing Director and CEO, Mr Steve Norregaard, commented: “WIN’s strategic pivot is nearing a conclusion with our proposed gold acquisition widely supported by the market. We are delighted with the overwhelming support for the Placement and the addition of a number of new highly credentialled investors joining the register. “On behalf of the Board of Directors, I am pleased to welcome these new investors to the Company and thank our existing investors for their ongoing support. We look forward to putting these funds to work on our newly acquired Butchers Creek Gold Project.” See the full announcement: https://loom.ly/WEKcYF8 #WINMetals #MiningNews #ASX

Copper Creek Project | Historic Results Previous assay results on the property include a channel sample of 3.9 g/t Au over 4m, and 16 g/t Au grab samples, in addition to 7.33 g/t Au at the Biarritz North showing. Learn more about the historic results from the Copper Creek Project → https://lnkd.in/dwCyCp33 #investing #canadianmining #CSEstocks #OTCQB #OTCmarkets