Sharay Angulo Casique’s Post

Torex's Media Luna Mexican gold project 60% complete Mexico-focused Torex Gold Resources Inc US$875mn Media Luna underground project was 60% complete by the end of 2023, up from 49% at the end of September. Detailed engineering was 84% complete, and procurement was 63%, the Toronto-based company said in a release. The pace of underground development and construction and surface construction picked up as anticipated, with completion levels at 60% and 41%, respectively, Torex added. “Development of Media Luna remains on track for first production in 4Q24, followed by commercial production in early 2025. The successful completion of Media Luna is expected to result in a return to positive free cash flow in mid-2025 as production ramps up and capital expenditures normalize,” said CEO Jody Kuzenko. #mining #metals #mexico https://lnkd.in/en7uYQtB

Recent gold project developments are delivering exceptional results across the globe. In Canada, Snowline Gold's Rogue project has revealed an impressive 2.38 g/t gold over 471.60 meters, starting just 3.00 meters below the surface, showcasing its near-surface potential. Strickland Metals' Rogozna project in Serbia is also making waves, with a promising 1.80 g/t gold intercept at a depth of 293.90 meters, hinting at large-scale mineralization. Additionally, Independence Gold's 3Ts project in Canada reported an outstanding 9.62 g/t gold over 26.00 meters from 96.00 meters depth, further emphasizing the strategic value of these assets in the global gold exploration landscape. Read the full insights to stay updated on these developments: https://lnkd.in/enE789F9 Snowline Gold Corp. (TSX-V:SGD)(OTCQB:SNWGF) STRICKLAND METALS LIMITED Independence Gold Corp (IGO) Lundin Gold Ecuador OceanaGold Corporation Red 5 Limited Sunstone Metals Limited Founders Metals Inc. Astral Resources Gold Basin Resources Corporation - TSXV: GXX, OTCQB: GXXFF #GoldExploration #MiningIndustry #AssayResults #ExplorationInsights #MiningNews #GoldMining #MineralExploration

Watch Crux Investor ’s recent interview with Elaine Ellingham, President and CEO of Omai Gold Mines | TSXV: OMG | OTCQB: OMGGF , as they discuss the company's progress at its past-producing Omai Gold Mine project in Guyana, establishing a 4.3 million ounce gold resource in just 3 years, and the recently completed Preliminary Economic Assessment (PEA), a baseline PEA that she believes has further growth potential. Elaine also highlights the favorable market conditions and recent milestones, indicating a positive shift in market sentiment towards gold explorers. $OMG.V $OMGGF #Omai #OmaiGoldMines #Gold #Guyana #Geology #Mining #PreciousMetals #JuniorMining #MiningStocks #Finance #Investing #Invest #Stocks #StocksToWatch https://lnkd.in/gshHjfUW

Good deal for Gold Fields? Time will tell. It will be interesting to see how successfully a South African miner navigates the cultural "nuances" of operating in French-speaking Canada. Perhaps they can get some tips from the Aussies. 😉 #miningdeal

🎙️ Unveiling the future of exploration and mining in Peru, in Ellis Martin's latest post with our CEO and President Patrick Elliott, they explore the pivotal questions: Why Peru? Why Copper? Why Forte? Uncover the strategic visions behind these choices and how they're set to shape the industry. A must-listen for anyone interested in the future of mining and investment. 📈 🎧Click to listen now! #investors #strategicpartnerships #investing #commodities

Forte Minerals Corp. (CSE:CUAU, OTCQB:FOMNF) CEO Patrick Elliot tells Proactive's Angela Harmantas that the company, has made a landmark acquisition, solidifying its position in the Peruvian mining sector. During PDAC 2024, Elliot revealed the strategic acquisition of the Altar Project, a gold exploration site adjacent to Barrick's renowned Pierina mine. This move marks a culmination of 12 years of diligent efforts by Forte's project generator, Globetrotters, showcasing their prowess in navigating the competitive landscape and governmental negotiations to secure 100% control of this high-potential area. Discovered in the late '90s by Buena Ventura, the Altar Project's initial explorations indicated significant gold deposits, with the first drilled hole yielding 131 metres of 2.55 grams of gold from the surface. Watch at #Proactive #ProactiveInvestors #CSE #OTCQB #CUAU #FOMNF http://ow.ly/4ZSR105kHvI

A great panel with some of the key industry players indicating that #gold is a #criticalminerals when considering the broader industry and drivers of demand at the #MI2024 yesterday. Neal Froneman, CEO of Sibanye-Stillwater provided succinct insights during a post panel interview, speaking to critical aspects of mining and the bigger positive impact mining and minerals not on the list make and which must be recognised. https://lnkd.in/dtdEJQHU Highlighting the positive points that should not go unnoticed, Neal stated that “Mining is finally finding a place of civil society”. This shift alone is a big step in the right direction for the industry, and is certainly indicative of where technological advances, operational efficiencies, GenAI, supply chain transparency, the list goes on, will have a significant impact on the industry. As Accenture in South Africa, we are excited to see mining go from strength to strength at a rapid rate of organisational reinvention. #miningindustry #miningimpact #futureofmining #miningindustryinsights Etienne Steyn Nishal Nair Mohammed Suliman Sue Olivier Bodie Crossingham Peter L. Visser Deepak Belur Imran Patel Samu Mohutsiwa Gugu Nyanda Molebogeng Zulu Michelle Ramdhari Norbert Schefter Philip Le Roux Claire Bradbury

While I’m not sure the word “cuckoo” does justice to today’s copper market, today’s WSJ article does highlight some interesting recent developments. BHP’s bid for Anglo American and multiple potential bids for First Quantum’s (closed) Cobre Panama mine do illustrate the difficulty of discovering and building new copper mines. If nothing else, these bids clearly demonstrate that for many large mining companies, the “buy vs build” decision in copper is a no-brainer. And while it’s impossible to predict week-to-week moves in the copper price, we remind investors that the world has not been in a true “scarcity”-driven copper market since before the financial crisis... https://lnkd.in/eU27HnGT

📌West Cobar Metals Limited (ASX: WC1) - Outstanding Drill Results at #SalazarProject, 120 km north-east of Esperance in southern WA. ✅ 📢West Cobar Metals’ Managing Director, Matt Szwedzicki, commented: “These excellent drill results demonstrate that our #Newmont deposit stands out as a unique high grade critical minerals project. The drilling supports our belief that Newmont deposit extends south beyond the current resource envelope. Our focus now will be to integrate the recent drill data to produce an updated Inferred Mineral Resource for the Newmont deposit. In parallel the Company will utilise the recent results and evaluation of the extensive geophysical database inherited from previous explorers to home in on the exciting copper exploration potential of our Fraser Range tenements.” Highlights: 🔸All results have now been received from the 63-hole aircore drill program at the Salazar Critical Minerals Project 🔸Extensive high grade critical mineral intercepts in near surface saprolite from recent drilling campaign at Salazar include: - 21m of 2,775 ppm TREO, 6.1% TiO2, 59 ppm Sc from 10m in SZA 306 - 13m of 1,455 ppm TREO, 7.5% TiO2, 88 ppm Sc from 12m in SZA 307 - 20m of 1,439 ppm TREO, 3.7% TiO2, 48 ppm Sc from 5m in SZA 299 - 11m of 1,355 ppm TREO, 5.4% TiO2, 58 ppm Sc from 10m in SZA 296 🔸Exceptional intercepts of TiO2 include: - 9m of 9.2% TiO2 from 12m in SZA307 - 14m of 7.4% TiO2 from 10m in SZA306 - 7m of 6.2% TiO2 from 11m in SZA296 High grade Scandium intercepted, including: - 7m of 112 ppm Sc from 1m in SZA307 - 7m of 106 ppm Sc from 12m in SZA297 🔸High grade aluminium intercepts such as 10m of 34.0% Al2O3 (18.0% Al) from 10m in SZA297, support the current Alumina Mineral Resource 🔸These results support potential extensions of existing Mineral Resources to the south of the Newmont deposit. The current Mineral Resources (JORC 2012) at the Newmont deposit are: - Rare earth elements – 83 Mt at 1117 ppm TREO (Indicated + Inferred, 600 ppm TREO cut-off) - Titanium dioxide - 29 Mt of 5.01% TiO2 and 942 ppm TREO (Inferred, 2% Ti cut-off) - Alumina - 4 Mt at 29.6% Al2O3, (Inferred, 15% Al cut-off) potentially suitable to be upgraded to a high purity alumina (HPA) feedstock - Scandium - 12 Mt of 103 ppm Sc (Inferred, 75ppm Sc cut-off) 🔸Preliminary copper reconnaissance AC drilling intercepted anomalous intersections of up to 26m of 601 ppm Cu (in SZA337 from 58m) demonstrating copper mineralisation in the vicinity 📌Read more: https://lnkd.in/gtXVi2jj Robert Klug Matt Szwedzicki David Pascoe Craig McNab #mining #exploration #miningstocks #investment #asx #asxnews #investors #shareholders #stakeholders #DYOR #WC1 Samso - Compelling ASX Stories Noel Ong #SamsoInsights on Patreon: https://hubs.ly/Q02qQLCT0 🎦 #CoffeeWithSamso Ep. 196 https://lnkd.in/gyTyJB8u https://lnkd.in/gyTyJB8u