Mining Stock Daily

Morning Briefing: Troilus going to feasibility


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Ascot Resources reported initial positive grade reconciliation between from the Big Missouri deposit at its Premier Gold Project in the Triangle of British Columbia suggesting there is good potential to increase mined grades by continuously improving external mining dilution. Troilus Gold reported the thickest and most continuous high-grades at its Troilus project in Quebec in Canada, including the single highest-grade interval ever drilled of 46m grading 4.38 g/t AuEq, while a new shallow and high-grade panel of mineralization has been defined over 300m at the border of the Z87 PEA pit shell which will see it shift its engineering focus to the delivery of a feasibility study, rather than a prefeasibility study as initially planned. Denison Mines  recovered uranium-bearing solution from the Phoenix in-situ recovery (ISR) feasibility field test at its Wheeler River project in the Athabasca Basin in Saskatchewan, achieving targeted rates and grades. The company is now preparing to transition from the leaching phase of the field test to the neutralization phase, which is expected to be completed before the end of the year, before then progressing to management of the recovered solution, which is expected to commence in the June quarter of 2023. Adventus Mining and Salazar Resources announced  infill drilling results for the underground portion of the mineral resource at the El Domo volcanogenic massive sulphide deposit at the Curipamba project in Ecuador with a highlights of 6.91 metres grading 6.17% copper equivalent in hole 394.

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Mining Stock DailyBy Trevor Hall

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