Fernando Mares’ Post

via MiningNews.net Seven years after it was mothballed the Andy Well processing facility in Western Australia's Murchison region is set to rejoin the #gold party – and could generate substantial returns for its new owners. Meeka Metals Limited has owned the circa 500,000 tonne per annum facility since purchasing it from Silver Lake Resources for just A$8 million in early 2021, as part of a plan to shift then-microcap Latitude Consolidated from explorer to producer. #MEK delivered an initial scoping study just 10 months after purchasing the plant, when gold was trading around $1800 per ounce, around $600/oz higher than it was when Andy Well last operated in 2017. Gold has continued to climb and is now trading around $2340/oz. Read more: https://loom.ly/jRf-eU8 #MeekaMetals #ASX

Gold Fields really know the value. I purchased this as at least a ten bagger, it has a really great AISC. I will try and take some comfort in the short term return as there many other opportunities in this sector. Perhaps another signal that this sector will see M&A intensify.

When courts dance the same dance, its important to follow the steps. Check out my latest blog post about contractual interpretation in the case of Coco Int’l Green v. Infrastructure Partners Inc, recently decided on the Commercial List

Cassiar Gold Corp. (TSX-V:GLDC, OTCQX:CGLCF), a leading Canadian #gold explorer, focuses on its flagship project in Northern British Columbia, spanning 59,000 hectares. Speaking to Proactive's Angela Harmantas at PDAC 2024, CEO Marco Roque said the company has made significant strides in exploration, with a resource update in early 2022 revealing an inferred gold resource of 1.4 million ounces grading 1.14 grams per tonne. The company has drilled nearly 40,000 meters, identifying mineralization in 115 of 117 drill holes, signaling vast expansion and discovery potential despite challenging market conditions. Recent soil surveys and drilling campaigns have uncovered multiple new gold anomalies and expanded the project's known mineralization areas, pointing to an even larger gold system than previously thought. Watch at #Proactive #ProactiveInvestors #TSXV #OTCQX #GLDC #CGLCF http://ow.ly/hQGL105kHHA

Hey mineral and royalty owners! Join us at the NARO National Convention in Houston Oct. 18 to hear from one of our experts, Jeb Burleson, on the topic of the shale boom. Jeb will deep dive into exploring the critical trends that are rapidly defining the upstream industry’s path forward. For more details on the event, follow the link in the comments. We look forward to seeing you there! Link for comment section: https://lnkd.in/gfiZKTET

Gabriel Resources (TSXV:GBU), a Canadian company focused on the Rosia Montana gold and silver project in Romania, has announced that the World Bank's International Centre for Settlement of Investment Disputes (ICSID) Tribunal expects to issue its final decision on March 8, 2024, regarding Gabriel's arbitration claim against Romania. This project is among Europe's largest undeveloped gold deposits, with Gabriel holding an 80.69% interest and the remainder owned by a Romanian state-owned company. Despite efforts to develop Rosia Montana responsibly, Gabriel claims Romania has unlawfully blocked the project, leading to the current arbitration focus. The project holds more than 10 million oz of gold (proven and probable). Is this finally going to be resolved? How much is this project worth? Want to Learn More? #TheNextBigRush

Far East Gold Ltd (ASX:FEG, OTC:FEGDF) CEO Shane Menere joins Jonathan Jackson in the Proactive studio to discuss a Binding Term Sheet (BTS) with PT Iriana Mutiara Idenburg (IMI) to acquire up to 100% of the Idenburg Gold Project in Papua, Indonesia. The 95,280-hectare Contract of Work (CoW) is in a region known for significant #gold and #copper deposits, such as Grasberg and Porgera. Historical exploration worth more than US$25 million, including 5,531 metres of diamond drilling, indicates the project's advanced status. The deposit is orogenic, akin to notable goldfields like Kalgoorlie and South Eastern Australia. Noteworthy is that major gold producers, including Barrick, Newmont and Newcrest, have previously explored the site. Despite extensive exploration, only 30% of the CoW has been detailed and metallurgical testing shows promising gold recoverability. Watch at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #OrogenicGold https://lnkd.in/eFiKyNt2

Following is an article on today's announcement that settlement of the purchase of freehold land related to The Great White Project mine site in South Australia's Eyre Peninsula, has now occurred. #kaolin #ceramics #tiles #zirconreplacement #halloysite #concrete #HPA #invest #investment #Funding #StreakyBay #EyrePeninsula

📰News Release: [01/31/24] NiCAN’s Drilling at the Wine Project, Manitoba, Canada Intersects Multiple Mineralized Zones, Including 2.32% NiEq over 31.5 Meters. 🟦Highlights:  🔹Diamond drill hole Wine 23-29 intersected multiple zones of mineralization including, 🔹31.5 meters averaging 1.90% Cu and 1.92% Ni (2.31% NiEq) (Table 1 and Figure 1) - the longest zone of continuous mineralization intersected to date, and also 🔹an Upper Zone averaging 2.20% Cu and 1.56% Ni (2.11% NiEq) over 9.6 meters (Table 2 and Figure 2) 👇Read Full Release Here👇:  https://lnkd.in/d-8MW6ar . . . #Nickel #MiningIndustry #ElectricCars #BatteryTechnology #SustainableEnergy #RenewableEnergy #GreenEnergy #ElectricVehicles #CleanEnergy #EnergyTransition #ClimateAction #ElectricMobility #MiningInvestment #CommodityTrading #MiningStocks #MetalsMarket #InvestInMining

Latin Resources Limited Vice President of Operations - Americas, Tony Greenaway speaks on the update of the Mineral Resource Estimate (MRE) at the Company’s 100% owned Salinas #Lithium Project, announced yesterday. The Project now has a Global JORC MRE of 77.7MT @ 1.24% Li2O, with 95% of the Colina Deposit now in the Measured & Indicated categories (67.27Mt @ 1.27% Li2O). The significant improvement to JORC confidence with increased tonnage in M+I categories sets a very strong foundation for the upcoming Definitive Feasibility Study (DFS), expected in the third quarter of this year. View the announcement here: https://loom.ly/fonxe8A #LatinResources #LRS #ASX