JORC RESOURCE

Thomson Resources (ASX:TMZ) released its latest Mineral Resource Estimate (MRE) for its Webbs deposit last week - another tick mark for the company on the road to a planned 100Moz silver equivalent resource across its five deposits.

LRS today announced that it has raised $35M to expedite its lithium business.

It's been almost two years since we first suspected that our gold investment Los Cerros (ASX:LCL) may have a monster gold system on its hands. Yesterday we received the Maiden Mineral JORC Resource from LCL at 50mt grading 0.81g/t gold for a total of ~1.3 million ounces of gold.

Our junior exploration investment Aldoro Resources (ASX: ARN) is chasing rubidium, lithium, nickel and copper. With the lithium price up over 500% this year and trading at all time highs, ARN has picked the perfect time to go in and drill its WA rubidium/lithium projects.

If you are new to investing in early stage mining companies you might have heard of the term ‘JORC resource’. We go into detail of what a JORC resource is and how it fits into the mining company's lifecycle.

This week our gold investment Los Cerros (ASX:LCL) announced that it has FINALLY found the southern edge of their seemingly never-ending gold system. This puts them in a good position to announce a JORC resource estimate for the deposit this year.

We just added to our investment in Ecuador gold explorer Titan Minerals (ASX: TTM). Now with at least $18M in the bank, the corporate work behind it, a strengthened team and SIX drill rigs punching holes into Dynasty right now - we think 2022 will be the year for TTM.

On Monday, Latin Resources (ASX: LRS) delivered its Maiden Inferred Mineral Resource for its 100% owned Halloysite-Kaolin Project The market has been waiting for LRS to release its news for some time - as it has given investors the opportunity to get a better idea of how LRS might stack up against its bigger and more advanced halloysite peer, ADN.

On Monday, Latin Resources (ASX: LRS) delivered its Maiden Inferred Mineral Resource The $87M capped LRS is trying to follow the same pathway as Andromeda Metals (ASX: ADN), currently capped at $442M.

Tempus Resources (ASX: TMR) is poised to start drilling at the Elizabeth sector of the Blackdome-Elizabeth Gold Project in British Columbia.

Titan Minerals Limited (ASX: TTM) has a $14.5 million war chest to be applied to progressing Titan’s Ecuadorian gold projects, as well as working capital.

Classic Minerals Ltd (ASX: CLZ) has established a Maiden JORC Compliant, Inferred Mineral Resource estimate of 1 million tonnes at 3 g/t gold for 93,000 ounces (0g/t lower cut-off) at its Kat Gap deposit in Western Australia.

Los Cerros Limited (ASX: LCL) is in advanced stages of negotiating a Strategic Partnership Agreement (SPA) with Hong Kong Ausino Investment Limited which is controlled by Dr Minlu Fu.

Shares in Amani Gold Limited (ASX:ANL) doubled on Thursday morning after the company announced a substantial upgrade of the Kebigada gold deposit, part of the Giro Gold Project located in the DRC.