All Namibia News’ Post

Reviving Namibia's Copper Wealth: Kombat Mine's Feasibility Study Shows Promising Returns - BNN Breaking: Reviving Namibia's Copper Wealth: Kombat Mine's Feasibility Study Shows Promising Returns  BNN Breaking

Klondike Gold Corp. (TSX-V:KG) said the gold potential of its Klondike District Property in Yukon, Canada, was demonstrated by the results of a regional bio-leach extractable gold (BLEG) survey carried out last year by Newmont Canada which included its project.   Newmont’s BLEG survey totalled 292 sample sites, with 37 samples taken from within the company’s Klondike District Property. Klondike said the highest percentile ranks of BLEG survey element analyses of characteristic “orogenic gold deposit” model elements were collected at the 37 sites within its property out of the 292 samples. Analysis of samples, which returned a percentile ranking out of 100%, from the Klondike property returned the highest gold sample at 100% and five samples were between 90% and 99.99%. More at #Proactive #ProactiveInvestors #TSXV #KG http://ow.ly/lbcP105jpwG

Riversgold Limited (ASX:RGL) chair David Lenigas discusses the potential and progress of the company's Northern Zone #gold project with Proactive's Stephen Gunnion, highlighting the current favourable conditions due to rising gold prices, with expectations that the price could reach approximately A$4,000 an ounce in the near future. Lenigas detailed the exploration target of 2.8 to 4.5 million ounces of gold, situated near Kalgoorlie, a major mining area. He likened the project to Saturn Metals’ Apollo Hills project, with similar geological features and promising metallurgy showing 92% recovery rates. Steps towards building JORC-compliant mineral resource estimates were outlined, including continued drilling to verify the geological model, which has so far proven successful up to 450 metres in depth. Watch at #Proactive #ProactiveInvestors #ASX #RGL #GoldMining #GoldStocks https://lnkd.in/egDYAhQA

Important news (whether positive or negative, depends on the reader) about the gold and copper mine in Northern Greece, under the control of the Canadian Eldorado Gold. What I fail to understand, are the numbers included in the article. Eldorado Gold apparently has committed 800 million so far, Greece has income of 550 million from tax revenue. The mine is expected to deliver 44 billion, Greece will make 2 billion. The numbers don't add up and 2 from 44 billion from a mine is peanuts, I suppose that either the numbers are mistaken or my understanding is. Any further information?

Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the release of an integrated resource estimate for its 100% owned North Island Project (the “Resource Estimate”) which integrates the Hushamu, Red Dog and Northwest Expo deposits. The Resource Estimate will be used for the development of an updated preliminary economic assessment (“PEA”) on the North Island Project which is now anticipated in early Q1 2025. Sam Lee, President & CEO of Northisle stated “We have reached yet another milestone at the North Island Project with the updated global resource which is a culmination of our focused exploration program over the past four years. The project now boasts over 3 billion pounds of copper and nearly 7 million ounces of gold in Indicated resources, making it one of the largest copper and gold porphyries in Canada not currently owned by a major. These results form the basis for the completion of the new PEA on the North Island Project and allow us to contemplate a phased project with lower initial capital intensity that can bridge to a potentially larger project and longer life of mine.” Read full news release - https://bit.ly/483NZBt #copper #gold #preciousmetals #criticalminerals #investing #resourceupdate #northislandproject

#September was a strong month for the Lowell Resources Fund with the estimated Net Asset Value jumping 13.2%, driven by firmer commodity prices after the US cut interest rates and China launched an economic stimulus program. Read all about it in John Forwood's comprehensive monthly report below. The fund's exposure to gold, silver and PGMs rose to 53%. The fund boosted exposure to WA-Focused gold group Astral Resources as the company raised new capital to further develop its headline Mandilla project. We also added to Humphrey Hale's Carnavale Resources Ltd. The fund took a new position in Nexus Minerals Ltd on the strength of the low market cap and exploration work north-east of Kalgoorlie. Read all about other moves below. Our best performer was dual listed Mithril Silver and Gold Ltd (ASX:MTH TSXV:MSG) (Market Cap AUD$64m MTH.ASX) where the share price rose 420% over September. The company announced a drill intersection of 7m at 144g/t Au and 1,162g/t Ag from 18m downhole at its #Copalquin project in #Mexico. The current mineral resource at the project is 529koz @ 6.8 g/t AuEq. The company also announced it had identified 100% more historic mines and workings from a LIDAR survey at the project. Nice work John Skeet.

Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce an initial mineral resource estimate (the “Resource Estimate”) for the Northwest Expo deposit at its 100% owned North Island Project, located on Vancouver Island in BC, Canada. Sam Lee, President & CEO of Northisle stated “Today’s new resource estimate at Northwest Expo has exceeded our expectations of defining a 40 to 50 million tonne resource within the gold enriched Zone 1. Including the impact of the 88% gold and 76% copper recoveries, the average NSR value per tonne is nearly triple the NSR value in the North Island Project PEA and approximately $80/tonne at spot prices. With a relatively low strip ratio, this sets a strong basis for the rapid advancement of a potential high margin, near surface deposit that could be sequenced at the beginning of our large, long life North Island Copper and Gold project. We will be aggressively advancing development and exploration under our fully funded 2024 program.” See news release - https://bit.ly/48NRevj #gold #copper #preciousmetals #criticalminerals #resourceestimation #exploration #investing

Tajiri Resources to Acquire 65% of the Yono Property, abutting 7.9 Moz I+I Gold Resources in Guyana, South America #gold #juniormining #exploration #guyana #investing

Interested in Canadian #gold exploration? Check out New Break’s Moray Gold Project in Ontario's Abitibi greenstone belt. 🇨🇦 Sharing traits with the nearby Young-Davidson Mine, Moray holds promising gold intersections yet to be fully explored. Recent surveys indicate extended zones of mineralization, hinting at a significant deposit. ⛰️🔍 https://loom.ly/iWr_JP0

Reunion Gold Corporation (RGD) (TSXV: RGD; OTCQX: RGDFF) announced today an updated Mineral Resource Estimate at the Kairuni zone on its 100%-owned Oko West Project in Guyana. Highlights: * Contained gold in the Indicated category of the open pit increased by 71.2 % to 4.2 M ounces, while the grade increased by 11.7 % to 2.06 g/t Au * Initial underground Resource of 1.1 M ounces of gold in the Inferred category grading 3.12 g/t Au An open pit at 2.06 g/t Au sounds like a great way to start the week. Sounds like money in the bank. Want to Learn More? #TheNextBigRush