Morning Briefing: Hercules Metals Returns 300m of .7% CuEq from Hole 20
Jan 15, 2025
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Discover the latest drilling triumphs at Hercules Metals, revealing promising porphyry mineralization. Learn about Trilogy Metals' economic assessment for the Bornite project in Alaska and Prime Mining's exciting expansion at Los Reyes. Vizsla Copper unveils positive results from an induced polarization survey in British Columbia. Plus, Avino Silver and Gold kicks off underground development at La Preciosa, marking a significant step in their mining operations.
Hercules Metals' recent drill results indicate strong mineralization potential at its Idaho property, highlighting significant advancements in exploration.
Trilogy Metals' preliminary economic assessment for the Bornite Copper Project suggests a promising production outlook with a high pre-tax net present value.
Deep dives
Market Insights on Precious Metals
Recent economic data has shown slight gains in precious metals, with gold closing at $2,682 per ounce and silver at $30.35 per ounce. The report indicated that December wholesale prices increased by 0.2%, driven by significant rises in gasoline and other essential goods. These developments have sparked positive movements in the markets, particularly with gold seeing an increase of over 1% as of the latest updates. Analysts are closely watching the Consumer Price Index (CPI) data for further insights into market trends.
Mining Project Developments
Several mining companies have made significant advancements in their exploration and development projects. Hercules Metals reported promising drill results from its property in Idaho, with notable copper equivalent intersections suggesting strong mineralization potential. Trilogy Metals announced its preliminary economic assessment for the Bornite Copper Project in Alaska, showcasing a robust production outlook and high pre-tax net present value. Similarly, Prime Mining revealed expansion results from its Los Reyes project in Mexico, indicating continued discovery potential with new gold equivalent veins.
Hercules Metals announced new step-out drill results from its Hercules Property in western Idaho. Trilogy Metals announced results for its Preliminary Economic Assessment for the Bornite copper project in the Ambler Mining district of Alaska. Prime Mining reported expansion drill results at the new “Tahonitas Footwall” discovery from the Company’s Los Reyes Project in Mexico. Vizsla Copper reported results from a completed induced polarization survey across parts of the Poplar South Target at the Poplar project in British Columbia. Avino Silver and Gold says underground development at its 100%-owned La Preciosa Property has commenced following receipt of all required permits for mining operations.
This episode of Mining Stock Daily is brought to you by...
Arizona Sonoran Copper Company (ASCU:TSX) is focused on developing its brownfield copper project on private land in Arizona. The Cactus Mine Project is located less than an hour's drive from the Phoenix International airport. Grid power and the Union Pacific Rail line situated at the base of the Cactus Project main road. With permitted water access, a streamlined permitting framework and infrastructure already in place, ASCU's Cactus Mine Project is a lower risk copper development project in the infrastructure-rich heartland of Arizona.For more information, please visit www.arizonasonoran.com.
Vizsla Silver is focused on becoming one of the world’s largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/
Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value. https://www.calibremining.com/
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