WIA Gold’s Post

Silver X Mining is pleased to announce its operating results for the first quarter ending March 31, 2024 at the Company's Nueva Recuperada property in Peru. Q1 2024 Production Highlights ✅ Demonstrated a significant increase in mining tonnage, with a raise of 20 per cent from Q4 2023, marking a robust continuation of production upscaling since the pivotal restart in September 2023. ✅ Achieved a 3 per cent increase in silver equivalent processing to 363,795 oz AgEq in Q1 2024, compared to the previous quarter, and a 2 per cent uplift from Q1 2023, showcasing sustained growth. ✅ Recorded an improvement in silver recovery rates, reaching an average of 89.2 per cent in Q1 2024, indicating enhanced efficiency in mineral extraction processes. ✅ Successfully met operational targets for Q1 2024, setting a strong precedent for the upcoming quarter as the company pivots towards replicating this success in Q2, with a strategic outlook on enhancing production volumes. Read the full news release: https://loom.ly/6vtAJ9k TSXV: #AGX | OTCQB: #AGXPF | FRA: #AGX #SilverXMining #NuevaRecuperada #SilverProduction #silverstocks #miningstocks #MiningUpdates #OperationalHighlights #SilverX

FG rallies support for mining, value addition Minister of Solid Minerals Development, Dr Dele Alake, yesterday, rallied the support of the international community for local value addition in the mining sector, asserting that it was critical for the development of the mining industry and Africa’s economy. Read the full article here: https://lnkd.in/d4w_Narr

Toubani Resources announced to the market, the new Mali Govt mining code which provides for a framework for mining investment in this mineral rich country. Mining is essential to Mali and much of its economic success depends on a thriving mining industry. We read today that Barrick Gold mulls further exploration investment in Mali - Mining.com.au $TRE #toubaniresources #goldmining #goldinvestment

𝐁𝐞𝐬𝐭 𝐢𝐧𝐭𝐞𝐫𝐜𝐞𝐩𝐭𝐬 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 𝐛𝐲 𝐀𝐒𝐗 𝐥𝐢𝐬𝐭𝐞𝐝 𝐦𝐢𝐧𝐢𝐧𝐠 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 2023 #exploration #gold #copper 431 ASX listed mining companies released 1,366 drilling results announcements relating to 571 projects during 2023. Unsurprisingly, 417 of these projects were in Australia, with 29 in Canada, and 21 in the US. The remaining 104 projects are in 43 different countries. 268 of the projects contain Au, 143 contain Cu, 48 contain Ni, 54 contain Li, and 15 contain U. Southern Cross Gold Ltd was the most active company, releasing 16 drilling results announcements during the year, while Azure Minerals Ltd had the best intercept on five separate weeks in 2023.

Quick article on the basics needed for a successful gold project. A complex topic boiled down to a few key issues.

Long-Term Offtake Agreement Signed for Blesberg Lithium and Tantalum Mine ✅ First sales to United Kingdom based Fujax are set to commence in May 2024. ✅ Sales will continue on a monthly basis to Fujax until December 31, 2026, with an option for Fujax to extend the agreement by a further three years until December 31, 2029. ✅ A minimum volume of 50,000 tonnes of spodumene ore and concentrate at a minimum grade of 5.50% Li2O is guaranteed to be delivered by the end of December 2026. #MARU #Lithium #BlesbergMine #SouthAfrica #Batterymetals Fujax Group Mining Review Africa

These Three Metrics Determine Success in Small Cap Mining ⚒️ 🔍 1⃣ Grade is King 👑 2⃣ Access to Capital / Strategic Partnerships 🤝 3⃣ An Active Mining District 🗺️ ➡️Kobo Resources Inc. is a fast moving exploration stage gold junior that ticks all these boxes ✅ TSXV:KRI https://lnkd.in/gve8CGA4 #gold #goldmining #preciousmetals #mining #juniormining

Ora Banda Mining Ltd (ASX:OBM) notched up record #GoldProduction for the fourth consecutive quarter with 19,271 ounces produced at the Davyhurst operations in Western Australia, one of numerous key value milestones that have set a strong growth platform for the company going into FY25. #Gold production for the three months was 11% higher than the previous quarter and came with no lost time injuries. This output was achieved despite significant rainfall in the second half of June which restricted processing throughput by ~25,000 tonnes and impacted production by about 2,600 ounces. More at #Proactive #ProactiveInvestors #GoldMining #GoldStocks #MiningAustralia http://ow.ly/CizB105BNAT

After achieving record production of 19,000 ounces at an AISC of A$2,878 per ounce, Ora Banda Mining Ltd (ASX:OBM) is undervalued for a potential 150,000 ounces per annum producer, according to Foster Stockbroking. In a research report, Foster said that the 11% quarter-on-quarter increase in production came despite heavy rainfall during June which impacted production by 2,600 ounces. The company also had stronger sales of 18,000 ounces (+8%) at a better price of A$3,530/ounce (+11%), which offset the 6% increase in AISC and led to a 19% increase in revenue to A$64 million. Foster said Ora Banda had hit FY24 production guidance at 70,000 ounces (+46% YoY) resulting in higher revenue of $214 million (+58% YoY).   More at #Proactive #ProactiveInvestors #Gold #GoldMining #GoldStocks #GoldProduction #MiningAustralia #BrokerResearch #MarketResearch http://ow.ly/Lfzm105Ev6i

Ever thought about how Canada supports the global mining industry? Introducing Nutrien-the largest producer of potash, Barrick Gold Corporation- one of the largest gold producers, and Teck Resources Limited-known for its sustainability practices and mining finance. #MiningIndustry #SustainableMining #CanadianEconomy