Proactive’s Post

Troilus Gold Corp. CEO Justin Reid joined Steve Darling from Proactive to shed light on the company's ambitions for 2024, following a highly productive 2023. Troilus Gold has been making significant strides, particularly in the expansion and exploration of the Troilus Project, with a particular focus on Zone X22. These efforts have yielded impressive results, including substantial growth in Mineral Resources. One of the standout achievements in 2023 was a remarkable 126% increase in ounces and a 127% increase in tonnes in the Troilus Project's Mineral Resource, a testament to the company's dedication to efficient resource management. Notably, a significant portion of the Inferred Resources from the 2020 estimate has transitioned into the Indicated category, underscoring the project's maturation and development. Watch at #Proactive #ProactiveInvestors #TSX #OTCQX #TLG #CHXMF http://ow.ly/QxiR1058waZ

Toubani Resources Ltd (ASX:TRE) CEO Phil Russo sits down with Proactive's Jonathan Jackson to talk through the high-grade oxide #gold intersections from infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali. The company highlighted a significant find with a screen fire assay of 2 metres at 178 g/t gold within a broader 19-metre intersection averaging 20 g/t from a depth of 105 metres. These results are instrumental for Toubani in converting the Kobada deposit to higher JORC-compliant confidence levels, potentially delineating higher grade zones within the deposit. Russo noted the program’s role in derisking and enhancing the value of the Kobada deposit and expressed satisfaction with the results, which align with the company’s goals of confirming significant widths and grades. Watch at #Proactive #ProactiveInvestors #ASX #TRE #goldexploration #asxsmallcaps https://lnkd.in/emTzN2Je

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge sits down with Jonathan Jackson in the Proactive studio to chat through the completion of a mechanical trenching program at the Tchaga North prospect within the #NapiéGoldProject in Côte d’Ivoire, covering 762 metres with samples taken at 1-metre intervals. The trenching targeted new high-grade gold zones identified by recent field mapping and rock chip sampling, yielding high #gold concentrations (79.50 g/t, 76.10 g/t, 60.66 g/t). The zones examined included the Ladder Zone, Central Zone, Double Zone and other newly mapped areas. Mako is now awaiting assay results to further evaluate the trenches and plan subsequent drilling operations. The trenches revealed numerous east-west oriented quartz veins and stringers in stockworks, which have not yet been tested by drilling. Watch at #Proactive #ProactiveInvestors #GoldExploration https://lnkd.in/dyCe34yT

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge joins Jonathan Jackson in the Proactive studio to talk about additional results from a rock chip sampling and detailed mapping program at Tchaga North within the Napié Project in Côte d'Ivoire, in which the company holds a 90% interest. A new high-grade #goldzone, named Central Zone, has been identified, bolstering Tchaga North's potential as a prime drilling target. Significant high-grade rock chip results were recorded, with values including 76.10 g/t and 24.34 g/t #gold, among others, supplementing earlier findings of up to 79.50 g/t. Samples yielding high gold grades predominantly came from quartz veins linked to newly identified east-west structural trends, which have not yet been subjected to drilling. Excavator trenching has started at Tchaga North to explore and sample the extent of quartz veining at the Central Zone and other areas like the... Watch at #Proactive #ProactiveInvestors #ASX #MKG #goldexploration https://lnkd.in/dUCrZiNa

I am really happy that since we bought Laiva Gold In Finland in October 2022 and Mina Tucano in Brazil in November 2023 the gold price is up $700 and $500 respectively for each purchase. It shows you that the best deals usually happen when sentiment for gold is at its worst. When we bought Laiva we were in the middle of an electricity crisis and all the chartists were calling for a flash crash to $1300 in gold. Inversely when a deal feels really good and you are 10 times oversubscribed then usually those are the ones that struggle later.   Exciting times for Laiva Gold and Tucano Gold as both resume production and take advantage of these high gold prices. These are big mines and > 95% of the capex required to start them has already been spent by the previous owners.  It’s not just about the money.  To build these mines today takes years of exploration, permitting, designing, funding and building. #goldprice

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge sits down with Proactive’s Jonathan Jackson to discuss the encouraging results from a 1,200-metre scout drilling program at the Tchaga North area of the company's 90%-owned flagship Napié Project in Côte d'Ivoire. The drilling targeted high-grade #gold zones identified by recent mapping and trenching activities. It focused on the Deep Artisanal Mining Site, the Discovery Zone, and the Double Zone, which had not been previously drilled. Significant findings include a drill return of 7 metres at 5.39 g/t gold, including 1 metre at 31.15 g/t, beneath the workings of the artisanal mining site. This result confirms the site's potential for further exploration. The area, once heavily mined by artisanal methods, now sees limited activity due to the water table and hard rock, restricting digging to a maximum depth of 40 metres. Watch at #Proactive #ProactiveInvestors #GoldMining #GoldStocks https://lnkd.in/e7BeNisk

Expanding Horizons: Exploring Beyond 10% at Lucero Mine We at Element79 Gold Corp are excited to share insights from our latest with Ashleigh Barry where our CEO, James Tworek, delved into the promising future of the Lucero project in Peru. Since acquiring the historic Lucero mine, which once stood as Peru’s highest-grade gold and silver mine, we've embarked on a journey to revitalize and extend its legacy. With the mine previously producing up to 50,000 ounces of gold and silver annually from just a fraction of its known resources, we believe the real potential is just beginning to surface. Notably, only 7 of the 74 identified veins have been exploited, meaning we’ve barely scratched the surface, tapping into less than 10% of what this property can ultimately offer. Our commitment goes beyond extraction; it's about responsible mining and sustainable development. We're dedicated to working harmoniously with local communities and ensuring that our operations contribute positively to their economic and environmental well-being. In addition to the Lucero project, our strategic revisions with Condor Resources and ongoing developments along the Battle Mountain Trend in Nevada are setting the stage for a robust future in gold and silver production. Our approach to non-dilutive capital generation and our recent share consolidation underline our strong foundation and readiness to capitalize on the growing global demand for precious metals. We're confident that Element79 Gold, with our experienced team, is well-positioned to capitalize on the growing global demand for gold and silver. Stay tuned for further updates on our journey! https://lnkd.in/d6d36xBi #miningindustry #juniormining #miningnews #miningsector #mininginvestment

LGMG in Guinea, Siguiri gold mine

Ecuador's largest gold mine, Lundin Gold's Fruta del Norte, adopts the full Micromine Pitram suite. The solution enhances operational oversight and control, enabling the mine to optimise fleet productivity with existing resources and make informed decisions based on real-time data. Read here: https://ow.ly/4OWG50SgArh Lundin Gold Ecuador

We are on a mission to unlocking value in West Africa's prolific Birimian belt. 🔍 Our Fokolore Gold Project in Mali isn't just another venture. It's a strategic asset poised for growth: - ✅ Historic high-grade gold mineralization with intersections of 8m@8.99g/t Au and 15m@5.06g/t Au - ✅ Executing a 3-phase drilling plan to extend strike length from 2.3km to 3.5km - ✅ Rock chip sampling yielded impressive results, including 95g/t Au But we're not stopping there. Our team, led by industry experts, is actively seeking to expand our footprint in this gold-rich region. As global markets fluctuate, our strategic position in Mali's gold sector offers a compelling opportunity for growth and stability. Join us on this golden journey. Explore how Waraba Gold is shaping the future of mineral exploration in West Africa. #WarabaGold $WBGD #GoldInvesting #WestAfricaMining #ExplorationSuccess