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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: LoneClone1/18/2022 4:10:25 PM
   of 77826
Alexco aka AXU released an update on their Keno Hill Ag/Au/Pb/Zn mines and mill in the Yukon. We got a Resource Update on the Bermingham deposits, increasing both Indicated and Inferred resources by around 50% while maintaining or increasing grades. This set of deposits remains open in various direction and exploration continues even as production ramps up.

Speaking of production, Q4's overall numbers were down a bit from Q3 as mining changed over to long hole sroping. They did achieve above expected recoveries and were able to run the mill for extended periods above design capacity, so production is expected to recover, indeed increase, in Q1. As well, exploration drilling continues at various prospects across the property.

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Canada Silver Cobalt Works aka CCW brought us an update from their Temiskaming testing lab in Ontario, where they have begun pilot testing of a mill designed to extract metals, primarily silver, from the tailing at the nearby Castle and Beaver mines. The testing will use their proprietary 'reintegrated Re-2Ox process'. If it works, this could be a good source of funding to allow the start of mining at the high grade silver veins they are drilling up.

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Calibre Mining aka CXB just completed a buyout of Fiore Gold for its Nevada gold assets. Today we get drilling results from the development project at Gold Rock, located less than 20 km from their producing Pan mine. These results, left over from a previous drilling campaign, further expand mineralization outside the resource envelope used for the 2020 PEA. There are currently five drills operating at Pan and Gold Rock, and we can expect to see more based on this comment in the PR. "Calibre sees the opportunity to materially expand and accelerate the exploration and resource expansion programs in Nevada."

CXB's work in Nicaragua shows they are good at drilling up gold resources and moving them into production; what remains to be seen is whether they can master the notoriously hard to operate Pan mine.

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