Lowell Resources Funds Management’s Post

John Forwood's April monthly update for unitholders of the Lowell Resources Fund is hot off the press. The fund's estimated Net Asset Value ended the month at A$52.0 million vs $49.7m at end-March which is $1.6037 v $1.5324 per unit. Some great commentary and our best performer in the portfolio was South African focused PGM group, Southern Palladium Limited. Gold exposure has crept a little higher at 44% of the fund. We picked up some Kingfisher Metals Corp. (British Columbia porphyry explorer), added to Neil Marston's Flynn Gold (Tasmania-focused gold exploration) and put some seed into Ordell Minerals (WA gold explorer). Cash has fallen to 8.6% of the fund as we deploy some of the capital released through locking in the profit in Azure Minerals Limited.

🚀 Astral Resources Secures $25M to Drive Gold Projects Forward! 🌟 💰 $25M Raised: Astral Resources (ASX: AAR) has secured strong investor support, raising $25 million through a two-tranche placement. ⚡ Exploration Accelerated: The funds will fast-track exploration and evaluation at the Mandilla and Feysville Gold Projects, boosting their potential as significant gold developments. 📊 Studies Funded: Astral is now fully funded to complete the Pre-Feasibility (PFS) and Definitive Feasibility (DFS) studies at Mandilla, aiming to unlock its 1.38Moz Mineral Resource! 💼 Shareholder Approval: Part of the second tranche and Director participation in the placement will be subject to shareholder approval at the AGM on 20 November 2024. 🔍 Strong Demand: The placement was well supported by domestic and international investors, signaling confidence in Astral’s gold development plans. 💬 Marc Ducler, CEO, Commented: "The calibre of new investors and the funds raised underscore Mandilla's potential as one of Australia’s best near-term gold development stories." ✨ Exciting Times Ahead: Astral is now well-positioned to drive these projects towards a Final Investment Decision (FID) with confidence! Read the Announcement Here: https://lnkd.in/gjSc76Tu #AstralResources #AAR #ASX #Gold #GoldMining #MandillaProject #FeysvilleProject #MineralExploration #InvestmentNews #ResourceDevelopment #MiningStocks #GoldDevelopment #GoldInvesting #AustralianMining #MiningIndustry #InvestInGold #GoldProjects #InstitutionalInvestment #PreFeasibilityStudy #DefinitiveFeasibilityStudy #KalgoorlieGold #FinancialNews #CapitalRaising

Bedford Metals Corp. is a mineral exploration company dedicated to creating value for our shareholders.  Bedford remains dedicated to its mission of unearthing the potential that lies beneath, all while maintaining an unwavering commitment to environmental stewardship. Learn more about our current projects on our website bedfordmetals.com #BedfordMetals #goldmining #gold #goldinvesting #goldstocks #stockmarket #stockmarketnews #investing #investment

Lavras Gold is backed by strong shareholder support, reflecting confidence in our growth strategy and exploration potential. This includes notable investors like Eric Sprott, Rob McEwen, and Kinross Gold, as well as robust institutional involvement. Our tight capital structure, complemented by the stable share price of C$2.54 as of October 28, 2024, demonstrates growing momentum behind our vision. With insiders (Board and management) now holding slightly more than 31% of shares, this level of ownership underscores insiders’ confidence in the LDS Project and the management team's ability to deliver results. Our C$134 million market capitalization, coupled with a strong cash position of C$6.4 million (as of last reporting period), ensures we are well-financed to advance exploration across our priority targets on the LDS property in southern Brazil. Discover more about our shareholder structure and plans: https://lnkd.in/g6TSgM7K #Gold #BrazilMining #MiningExploration #Shareholders #CorporateGovernance #TSXV #MiningStocks

White Cliff Minerals Limited (WCN) in the The Australian Financial Review! We are proud to share that White Cliff Minerals Limited (WCN) was prominently featured in The Australian Financial Review over the weekend. The feature by Amanda Ellis delves into our exciting progress in Canada’s underexplored frontiers, where our recent assays have returned some of the highest grade copper, gold, and silver rock-chip samples in recent history. Our strategic positioning and early-mover advantage have already begun to yield remarkable results, particularly at the Great Bear Project. With an impressive silver find of 75,439g/t, we're proving that this ground is as rich as we anticipated. Stay tuned as we continue to uncover the potential of these promising sites and deliver value to our shareholders. The next steps are even more exciting as we prepare for further drilling at both the Great Bear and Rae projects. Troy Whittaker Roderick McIllree Dan Smith Eric Sondergaard Nicholas Ong #WCN #AFR #Canada #Silver #Gold #Copper #ASXNews #ASX

#StockBox #ECR #Gold #Australia StockBox spoke to Mike Whitlow COO ECR Minerals Plc (AIM: ECR) where he provides a general overview of the Company’s operations plus discusses their business development & strategy. Watch below ⬇️ https://lnkd.in/e5zhq5T6 ➡️ECR Minerals is busy wrapping up their previous drilling campaign, with encouraging results including high-grade findings at Davey Road and broader mineralization at Kuboid Hill. ➡️The company is revisiting Baillieston to renew licenses and explore historical data for antimony, recognizing the increasing global interest in this mineral. ➡️ECR Minerals aims for multiple opportunities, focusing on strategic asset disposal, cost management, and maximizing returns for investors by directing funds into ground exploration rather than excessive overhead.

BDO’s Global Natural Resources Leader, Sherif Andrawes, shares the latest trends from our Explorer Quarterly Cash Update for June 2024. This quarter saw gold reestablish itself as leading commodity while an increase in fundraising signals a modest rebound for the exploration sector. Find the link in the comments to download the full report. #exploration #ASX #gold 

U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), today announced that its wholly owned subsidiary, Gold King Corp., has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, 2024 (the "Water Discharge Permit"), from the Director of the Wyoming Department of Environmental Quality ("WDEQ") satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit (the "Mine Operating Permit") for the CK Gold Project. In commenting on the approval, George Bee, President, CEO and Director of U.S. Gold Corp. said, "Issuance of the Water Discharge Permit satisfies one of the three conditions associated with the Mine Operating Permit, further cementing that major milestone, as U.S. Gold moves along the pathway toward development. Work to complete the remaining conditions, the acceptance of the already submitted reclamation bond and the Air Quality Permit are anticipated shortly. The Air Quality Permit is currently under review with the WDEQ Air Quality Division, and we remain on track to receive unconditional approval to move forward with the Mine Operating Plan in hand, around mid-year, as per prior guidance." https://lnkd.in/ghrkFCbc #USGoldCorp #CKGold #miningnews #goldmining #investing #preciousmetals #exploration #miningindustry #resourcedevelopment #stockmarket #goldprice #miningstocks #investorrelations #mininginvesting #goldexploration #miningprojects #miningapproval #CKGoldProject #metalsindustry #miningupdates

U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), today announced that its wholly owned subsidiary, Gold King Corp., has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, 2024 (the "Water Discharge Permit"), from the Director of the Wyoming Department of Environmental Quality ("WDEQ") satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit (the "Mine Operating Permit") for the CK Gold Project. In commenting on the approval, George Bee, President, CEO and Director of U.S. Gold Corp. said, "Issuance of the Water Discharge Permit satisfies one of the three conditions associated with the Mine Operating Permit, further cementing that major milestone, as U.S. Gold moves along the pathway toward development. Work to complete the remaining conditions, the acceptance of the already submitted reclamation bond and the Air Quality Permit are anticipated shortly. The Air Quality Permit is currently under review with the WDEQ Air Quality Division, and we remain on track to receive unconditional approval to move forward with the Mine Operating Plan in hand, around mid-year, as per prior guidance." https://lnkd.in/gip9Ri7x #USGoldCorp #CKGold #miningnews #goldmining #investing #preciousmetals #exploration #miningindustry #resourcedevelopment #stockmarket #goldprice #miningstocks #investorrelations #mininginvesting #goldexploration #miningprojects #miningapproval #CKGoldProject #metalsindustry #miningupdates

Unlocking Yukon's Golden Potential: White Gold Corp. Takes Center Stage   Airing on BNN Bloomberg, May 25th & 26th – BTV-Business Television interviews emerging companies in the markets, in collaboration with Invest Yukon.   125 years ago, the Klondike region was the heart of a historic gold rush. Today, White Gold Corp is spearheading a new era of exploration in this emerging gold camp. Their district-scale flagship project, the White Gold project, has already revealed a world-class resource. With a total of 2.1 million ounces and an average grade of about two grams per ton, the White Gold Project is the crown jewel – primarily open pittable and brimming with potential for expansion in all directions. The Company’s gold deposit is also complimented by an extensive exploration pipeline of across 25 other properties with significant prospectivity and discovery potential. White Gold’s strategic partnerships with Agnico Eagle and Kinross Gold underscore the immense opportunity that this company represents. (TSX.V: WGO, OTCQX: WHGOF)   Learn More: https://lnkd.in/eqXQ5SNV   #GoldRush #GoldExploration #YukonGold #GoldMining #MiningStocks #KlondikeGoldRush