Morning Briefing: Collective Mining Drills 397.5m of 2.62 g/t AuEq at Apollo
Good morning and welcome back to the Mining Stock Daily morning briefing. I’m Trevor Hall.
It's Monday, July 14th
Gold is up more than $11 this morning before the market open in the US and Canada. Trade partners of the US are faced once again with a tariff deadlines after the Trump administration delayed the original July 9th deal deadlines an extra three weeks. President Trump did confirm that sweeping reciprocal tariffs will take effect on August 1st. That includes tariffs on the EU and Mexico. Trump set those 30% tariffs based on being a major threat to national security. It also appears he is set on a proposed 50% import tariff on copper, which sent the metal soaring last week. Copper is currently sitting at $5.54/lb.
We’ll get to the news from the miners and explorers here in a moment, but first a quick word about today’s sponsor.
This episode of Mining Stock Daily is brought to you by…Vizsla Silver.
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 375,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/
And here’s what you need to know this morning…..
Collective Mining published results for six diamond drill holes designed to better outline and expand the shallow portion of gold-silver-copper-tungsten mineralization at the Apollo system within the Guayabales Project in Colombia. The results included hole 122 which returned 397.5m of 2.62 g/t AuEq, which also hosted a 57.7m interval of 4 g/t AuEq and separate 34.8m of 4.13 g/t AuEq. Other results this morning were 135.2m of 2.71 g/t AuEq and 152.1m of 2.06 g/t AuEq. Over two thirds of the 33-hole infill drill program have now been completed with assays still pending for eight holes. (NYSE: CNL) (TSX: CNL) News Release
First Mining Gold Corp reported additional drilling results from the 2025 drilling program at its Duparquet Gold Project located in the Abitibi region of Quebec, Canada. The Company has been actively drilling with two drill rigs on the Duparquet Project since March 2025 as part of an estimated 18,000 m of drilling this year. Highlights from the recent drilling include the newly discovered "Minuit" zone, located 75 m north of the historical Donchester Mine, that returned multiple significant intercepts in drill hole DUP25-059, highlighted by 2.25 g/t Au over 12.8 m, including 4.08 g/t Au over 4.0 m. The discovery was made via a drill hole targeting a western down-dip extension of the South Zone which successfully encountered strong mineralization within an underexplored area located approximately 75 m into the footwall of the past-producing Donchester Mine. (TSX: FF) (OTCQX: FFMGF) News Release
Mandalay Resources reported new exploration results at its Björkdal mine in Sweden, including the exciting discovery of a new underground high-grade skarn zone near existing mine development which could bring higher grades to the mill in the near-term. The new discovery comes from the Lake Zone Skarn and returned 34.2 g/t Au over 9.2m and 16.2 g/t Au over 19m. Additionally, ongoing infill and extension drilling to grow resources at the Main (Eastern Extension) and North Zones are delivering with results of 10.8 g/t over 9.6m and 157 g/t over .6m. The company says one of their main focuses for the second half of the year will be defining the new Lake Zone Skarn. (TSX: MND, OTCQB: MNDJF) News Release
Emerita Resources reported more drill restless from the El Cura deposit within the Iberian Belt West Project. Results this morning were 6.9m of .4% Cu, .5% lead, .2% zinc 1.23 g/t Au and 28.06 g/t Silver in hole 51. Hole 53 encountered 3.1m grading 0.9% copper, 1.3% lead, 1.1% zinc, 1.33 g/t gold and 53.46 g/t silver. The current drilling program is designed to expand the El Cura resource, concentrating on deeper areas and targeting down plunge to the west, following the interpreted extension of the deposit. There are currently 3 drill rigs testing El Cura. (TSX-V: EMO; OTCQB: EMOTF) News Release
Royal Road Minerals announced results from its initial scout drilling program at the Lalla Aziza copper project in Morocco. Lalla Aziza is an underground copper-mine located in Morocco's Western High Atlas, approximately 90 kilometers southwest of Marrakesh. Drilling is aimed principally at testing bulk copper grades across the extent of the shear/fold zone, including the higher-grade underground intervals. Results were 19m of 1.1% Cu, 17m of 1.3% Cu and 31m of .7% Cu. These initial scout drilling results at Lalla Aziza have confirmed that economically significant copper grades continue across the width of the shear/fold zone and that the mineralized structure is likely to plunge and continue below-surface towards the northeast. (TSXV: RYR) News Release
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That’s it for today everyone. Have a great day. Stay safe.
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