Bayhorse Silver: Riding the VTEM Rocket

Bayhorse Silver, BHS.V, Silver, Copper, gold, Oregon, Idaho

Not quite a rocket, yet, but a year ago Bayhorse Silver (BHS.V) was very close to the end. While it had a silver mine, a mill and an ore sorter, it did not have a final permit which would allow it to actually operate its mine. In some jurisdictions, this would not have been a show stopper and the permit would arrive in short order. But the Bayhorse mine is in Oregon, a state where mining is politically unwelcome. The permit was going to take a while. read more

Eloro Resources Announces Commencement of Preliminary Economic Assessment (PEA) for Iska Iska Project, Potosi Department, Southwestern Bolivia

V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce commencement of a preliminary economic assessment (“PEA”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The PEA study will consider the inferred mineral resource estimate (“MRE”) of 560 million tonnes grading 13.8 g Ag/t, 0.73% Zn and 0.28% Pb in the Polymetallic (Ag-Zn-Pb) Domain and 110 million tonnes grading 0.12% Sn, 14.2 g Ag/t and 0.14% Pb in the Tin Domain (Sn-Ag-Pb). While the Polymetallic Domain and the Tin Domain do not overlap or share any resource blocks, for the purposes of the PEA the mineral resources within both domains will be combined. read more

Denarius Metals Announces First Quarter 2023 Results

Denarius Silver, DSLV.V, silver, Spain

Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) (“Denarius Metals” or “the Company”) announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2023. These documents can be found on its website at and by reviewing its profile on SEDAR at All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. read more

Cartier Files on SEDAR the NI 43-101 Technical Report of the Preliminary Economic Assessment for Chimo Mine Project Post-Tax NPV5% of CAD$388M and 20.8% IRR

Long term gold price of US$1,750/oz, Exchange rate of CAD $1.00 = US$0.77 Post-tax NPV5% of CAD$388M and IRR of 20.8% Post-tax payback period of 2.9 years and mine life of 9.7 years Capex of CAD$341M Average all-in sustaining cost of US$755/oz Average annual production of 116,900 oz 4,500 tpd underground operation Average sorted grade of 4.55 g/t Au for mill feed Processing plant with capacity of 3,000 tpd and rate of recovery of 93.1% Sorting of mineralization increases the grade of material prior to milling operations and recovery rate and also reduces costs of mill construction, material handling, milling and restoration leading to a reduced environmental footprint of mine tailings and thus increasing the social acceptability of the project
Cartier Resources

Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that it has filed on SEDAR the NI 43-101 technical report of the Preliminary Economic Assessment (“PEA”) titled “NI 43-101 Technical Report and Preliminary Economic Assessment for the Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada”, prepared in accordance with National Instrument 43-101 – Standard of Disclosure for Mineral Projects (“NI 43-101”). read more

Denarius Metals Announces Final Drill Results from Completed Phase 2 In-Fill Drilling at Its Polymetallic Lomero Project in Spain, Including 10.25 Meters Grading 0.27% Copper, 4.79% Lead, 9.82% Zinc, 161 g/t Ag and 6.82 g/t Au

Denarius Silver, DSLV.V, silver, Spain
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Denarius Metals Corp. (TSXV: DSLV) (OTCQX: DNRSF) (“Denarius Metals” or “the Company”) announced today that it has received the final assays for 42 drill holes, mainly in-fill holes, totaling approximately 13,225 meters, from the Phase 2 surface validation and in-fill drilling program on its polymetallic Lomero Project in southern Spain. To date, Denarius Metals has completed approximately 41,850 meters of drilling in 128 drill holes, including twinning of historical drill holes. The in-fill phase, totaling 23,920 meters and representing 57% of the total drilling program, is now complete. A final 4,000 meters validation drilling campaign, designed to finish verifying the high-grade underground drill holes drilled in the 1980s by Indumetal/Billiton, is in progress. The full drilling results will be incorporated into the geological model and will be integrated in the Mineral Resource Estimate (“MRE”) update to be completed in conjunction with a preliminary economic assessment (“PEA”) in the second half of 2023. read more

Cartier Files Early Warning Report in Respect of Earthwise Minerals Corp.

Cartier Resources

Cartier Resources Inc. (TSX.V: ECR) (“Cartier” or the “Corporation”) announces that it has filed an early warning report in respect of its holdings in Earthwise Minerals Corp. (“Earthwise”). The requirement to file this report was triggered by the receipt, on May 4, 2023, of 1,600,000 common shares of Earthwise (the “Consideration Shares”) issued to Cartier under the terms of an option agreement dated April 22, 2021, as amended, between Earthwise and Cartier (the “Option Agreement”). The Consideration Shares were issued at a deemed price of $0.08 per share in satisfaction of the scheduled share issuance required to be made by Earthwise under the terms of the Option Agreement (the “Share Issuance Payment”) and will be subject to a contractual release period, as follows: (a) July 22, 2023: 25%; (b) October 22, 2023: 25%; (c) January 22, 2024: 25%; and (d) April 22, 2024: 25%. read more

Clean Air Metals Announces the New SLR Mineral Resource Estimate for the Thunder Bay North Critical Metals Project with an Indicated Resource of 14.0 million tonnes containing 1.2 million ounces of 2PGE (Pt+Pd) 57,500 tonnes of Cu and 34,300 tonnes of Ni

Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that further to its disclosure of February 15, 2023, the Company has completed an updated Indicated and Inferred Mineral Resource estimate disclosed in accordance with National Instrument 43-101 (“NI 43-101″) for the Company’s 100%-owned Thunder Bay North Critical Metals Project (the “Project“). read more

Graduation Day: Cartier Resources completes its PEA

ECR.V, Cartier Resources, gold, Quebec, Chimo Mine

A Preliminary Economic Assessment (“PEA”) is a significant milestone for junior exploration companies, essentially it promotes them into a select group of “valued asset” owners in the mining industry. It is a third-party assessment of the economic viability of the project’s resource estimates which a company has completed to date and it is an outline of the steps to be taken to reach commercial production. read more