Category Archives: Recent Updates

Recent Updates

Metals Update 20/01/2021

Radisson drills eight m of 14.9 g/t Au at O’Brien

Radisson Mining Resources Inc. has released significant high-grade gold intercepts from the continuing exploration drill program at its 100-per-cent-owned O’Brien gold project located along the Larder-Lake-Cadillac break, halfway between Rouyn-Noranda and Val d’Or in Que., Canada.

Read More

Kincora drills 74 m of 0.4% Cu, 0.37 g/t Au at Trundle

Kincora Copper Ltd. has provided further assay results from continuing drilling at the Trundle brownfield project located in the Macquarie Arc of the Lachlan fold belt in New South Wales, Australia.

Read More

Critical Elements’ Rose info received by committee

The joint assessment committee established by the Impact Assessment Agency of Canada and the Cree nation government confirmed on Jan. 14, 2021, having received all information required to allow the committee to complete the environmental assessment of Critical Elements Lithium Corp.’s Rose lithium-tantalum project and prepare the draft environmental assessment report. This is a significant step in the federal process of obtaining the authorization for the Project, which runs parallel to the provincial process updated in the news release of January 18, 2021. We are grateful to the governmental employees involved in both the federal and provincial permitting processes for their ongoing efforts through this difficult COVID-19 impacted work environment.

Read More

FPX Nickel expects to settle $3.45M debt for shares

FPX Nickel Corp. intends to convert the full amount of principal and interest owing on the long-term loan provided to the company by a private shareholder, totalling approximately $3,453,051, into 5,312,386 common shares of the company at a price of 65 cents per share. On completion of the debt conversion, the private shareholder loan will be extinguished and the company will be debt free.

Read More

Kincora subsidiary hit with $950,000 (U.S.) in taxes

Kincora Copper Ltd.’s Mongolian subsidiary, Golden Grouse IBEX LLC (GGI), has received a tax act for 2.7 billion tugriks, approximately $950,000 (U.S.), from the Mongolian Tax Authority (MTA).

Read More

Plateau Energy Metals CEO Holmes resigns

Alex Holmes, Plateau Energy Metals Inc.’s chief executive officer, has notified the board of directors of the company of his intention to resign from his position of CEO, effective Feb. 12, 2021. Mr. Holmes will continue to serve the Company as a strategic advisor and a member of the Board of Directors. The Compensation, Corporate Governance and Nominating Committee of the Board will commence a process to identify a successor. Until such time, Dr. Laurence Stefan the Company’s President and Chief Operating Officer, will assume the role of interim CEO.

Read More

Metals Update 19/01/2021

Roscan Gold drills 30 m of 2.96 g/t Au at Kabaya

Roscan Gold Corp. has released positive diamond and RC drill results from 23 holes totalling 4,158 metres at its Kabaya target with multiple holes intersecting high gold grades over wide intervals. Drill hole DDDBS20-008 intersected 2.96 grams per tonne over 30 metres starting from surface. Drill hole DDDBS20-009 intersected 2.38 g/t gold over 20 m from 46 m. Drill hole DDDBS20-006 intersected 2.66 g/t over 17 m from 166.2 m and hole DDDBS20-14 ended in gold mineralization at 247.2 m depth.

Read More

Anaconda drills 14.5 m of 1.86 g/t Au at Goldboro

Anaconda Mining Inc. has released final drill results from its completed infill drill program at its 100-per-cent-owned Goldboro gold project in Nova Scotia, Canada. The drill program comprised 17,941.7 metres of diamond drilling and was designed to convert priority inferred mineral resources to measured and indicated mineral resources of the Goldboro deposit as part of a mineral resource update anticipated for the first quarter of 2021 and as part of the continuing feasibility study.

Read More

Freeman Gold begins metallurgical testwork at Lemhi

Freeman Gold Corp. has commenced metallurgical testwork on its 100-per-cent-owned Lemhi gold project located in Idaho, United States. This work is part of Freeman’s integrated technical program to advance towards a production decision. A comprehensive review of the historical information and test work conducted by previous operators has been completed. Freeman’s metallurgical team has designed a test work program to follow-up and enhance gold recoveries, ultimately leading to a project flowsheet for the Lemhi Project. The Company is utilizing samples from both historical and fresh drill core from the 2020 exploration drill program.

Read More

Superior Gold appoints Marantelli as director

Superior Gold Inc. has appointed Damien Marantelli to its board of directors.

Read More

Alpha Li receives Tollilar phase 2 drilling licences

ALPHA LITHIUM RECEIVES DRILLING LICENSE FOR PHASE TWO OF DRILLING AT TOLILLAR LITHIUM PROJECT IN ARGENTINA Alpha Lithium Corp. has received approval and drilling licences for phase 2 of its three-phase drilling program on Alpha’s 100-per-cent-owned, 27,500-hectare Tolillar salar.

Read More

Highgold Mining 1.85-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Dec. 15, 2020.

Read More

Osisko Metals 4,120,250-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 10, 2020.

Read More

Metals Update 18/01/2021

Audiences publiques webdiffusées sur le projet Rose lithium-tantale de Corporation Lithium Éléments Critiques

MONTRÉAL, QC / ACCESSWIRE / 18 janvier 2021 / Corporation Lithium Éléments Critiques (la « Société » ou « Critical Éléments ») (TSXV:CRE)(OTCQX:CRECF)(FSE:F12) souhaite partager une mise à jour concernant le Projet Rose lithium-tantale (le « Projet Rose lithium-tantale » ou le « Projet »).

Read More

Superior Gold produces 63,065 oz Au in 2020

Superior Gold Inc. has released detailed production results for the fourth quarter and full year 2020 and provides full-year 2021 guidance for the company’s 100-per-cent-owned Plutonic gold operations, located in Western Australia. All currency figures are in U.S. dollars unless otherwise stated.

Read More

QMX Gold files Bonnefond South report on SEDAR

QMX Gold Corp. has filed on SEDAR a technical report titled “Mineral Resource Estimate Update For the Bonnefond South Intrusive Project.” The Technical Report effective date is October 31, 2020. The Bonnefond South property is located approximately 25 km to the east of Val d’Or, Quebec (Figure 1) and was completed by BBA Inc. in accordance with National Instrument 43-101 standards and rules. The report was prepared by Mr. Pierre-Luc Richard, P.Geo.; Mrs. Charlotte Athurion, P.Geo. and Mr. Jeffrey Cassoff, P.Ing. from BBA Inc., all are “Qualified Persons” as defined by NI 43-101.

Read More

Millrock drills 93 m of 0.29 g/t Au at 64North

Millrock Resources Inc. has provided assay results from road cut sampling at the Sunrise prospect, drilling at the Aurora prospect of the West Pogo block and trenching at the E1 prospect, Eagle block, at the 64North gold project, Alaska. 64North is a large project situated near Northern Star’s Pogo Mine. Resolution Minerals (ASX: RML, “Resolution”) is earning an interest in the project by funding exploration.

Read More

Critical’s Rose to be discussed Feb. 16, Feb. 18

Critical Elements Lithium Corp. has provided an update on the Rose lithium-tantalum project.

Read More

Canada Nickel files Crawford report on SEDAR

Canada Nickel Company Inc. has filed on SEDAR of an amended and restated independent National Instrument 43-101 — Standards of Disclosure for Mineral Projects entitled: “Independent Technical Report and Mineral Resource Estimates Crawford Nickel-Cobalt Sulphide Project: Main Zone (Update) and East Zone (Initial) Deposits” prepared by Scott Jobin-Bevans (PhD, PMP, PGeo), John Siriunas (MASc, PEng) and David Penswick (PEng).

Read More

Brixton Metals drills 439 m of 0.34% CuEq at Thorn

Brixton Metals Corp. has provided the last batch of 2020 drilling results at its wholly owned Thorn project, located in the Golden Triangle of northwestern British Columbia.

Read More

Orvana produces 18,398 oz AuEq in Q4

Orvana Minerals Corp. has provided operational results for the first quarter of fiscal 2021.

Read More

Victory Metals closes $18.04M private placement

On Jan. 15, 2021, further to Victory Metals Inc.’s news releases in December, 2020, the company closed, subject to final approval of the TSX Venture Exchange, the second and final tranche of its non-brokered private placement financing of subscription receipts of Victory. In connection with the second and final tranche of the Private Placement, Victory issued 5,237,200 Subscription Receipts at a price of $0.55 per Subscription Receipt (the (“Subscription Price”) for gross proceeds of $2,880,460. Together with the first tranche of the Private Placement, Victory issued an aggregate of 32,806,902 Subscription Receipts for aggregate gross proceeds of $18,043,796.10.

Read More

Blue Lagoon samples up to 90.6 g/t Au at Dome

Blue Lagoon Resources Inc. has released the results from its fall prospecting program and has added a second drill rig to its 20,000-metre drill program currently under way on its Dome Mountain gold project — an all-year-round-accessible property located a short 50-minute drive from Smithers, B.C.

Read More

Aftermath Silver pays finder’s fee to Elysium

Aftermath Silver Ltd. has paid finder’s fees to Elysium Mining Ltd., in connection with the previously announced initial closing of the acquisition of the Berenguela silver-copper project, pursuant to an acquisition agreement with SSR Mining Inc. The company issued 346,279 common shares in the capital of the company to Elysium and made prior cash payments to Elysium in the aggregate amount of $109,477 (U.S.). The finder’s fee shares are subject to a statutory hold period of four months plus one day, in accordance with applicable securities laws, expiring on May 15, 2021.

Metals Update 15/01/2021

Eastern Platinum confirms PGM concentrate payment terms

Eastern Platinum Ltd.’s subsidiary, Barplats Mines Pty. Ltd., has confirmed the provisional payment terms of the first delivered shipment (see news release of Jan. 6, 2021) of pressed filter cake platinum group metal (PGM) concentrate under the existing offtake agreement between Barplats and Impala Refining Services Ltd., now Impala Platinum Ltd. These terms confirm the restart of PGM revenue by the Company.

Read More

Golden Minerals regains compliance with NYSE standards

Golden Minerals Company has received written notice from the NYSE American LLC that the company has regained full compliance with the continued listing standards outlined in Part 10 of the NYSE American Company Guide.

Read More

Metals Update 14/01/2021

Excellon produces 1.63 moz AgEq at Platosa in 2020

Excellon Resources Inc. has released its fourth quarter and annual 2020 production results from the Platosa mine in Durango, Mexico.

Read More

QMX Gold drills 196.6 m of 1.78 g/t Au at Bonnefond

QMX Gold Corp. has released results from the continuing deep exploration drilling program on the Bonnefond deposit. Drill hole 17315-20-155 was completed as part of a series of drill holes testing the potential of the deeper portion at Bonnefond. The Bonnefond deposit is located in the Val d’Or East zone of QMX’s extensive land package in Val d’Or, Que.

Read More

Tinka Resources drills 39 m of 9.3% Zn at Ayawilca

Tinka Resources Ltd. has released results of four drill holes from the current drill program at Ayawilca. Three of the holes targeted extensions of indicated resources at West and South Ayawilca (holes A20-170, 171 and 175) while one hole is an infill hole at West Ayawilca (A20-173).

Read More

Canada Nickel drills 308 m of 0.3% Ni at Crawford

Canada Nickel Company Inc. has released encouraging results from the latest drill holes at its Crawford nickel-cobalt sulphide project from its West zone discovery previous announced on Oct. 22, 2020.

Read More

Anaconda Mining produces 18,268 oz Au in 2020

Anaconda Mining Inc. has released production results and certain financial information for the three months and year ended Dec. 31, 2020. The Company expects to file its full audited annual financial statements and management discussion and analysis by March 2, 2021.

Read More

Bonterra drills 5.2 m of 26.6 g/t Au at Gladiator

Bonterra Resources Inc. has provided results from the continuing 16,500-metre drill campaign at its Gladiator project focused on expanding the size and scope of the project as well as improve grade continuity for the upcoming mineral resources update expected this summer. Assays from eight holes received since November 30, 2020 are included in this press release and were highlighted by:Main Zone (Expansion): 26.6 g/t Au over 5.2 m in hole BA-20-29North Zone (Expansion): 15.6 g/t Au over 2.0 m in hole BA-20-23

Read More

Moneta Porcupine to acquire Garrison project in Ontario

Moneta Porcupine Mines Inc. has entered into a definitive share purchase agreement with O3 Mining Inc. pursuant to which Moneta will acquire all of the issued and outstanding shares of Northern Gold Mining Inc., a wholly owned subsidiary of O3 Mining, which owns 100 per cent of the Golden Bear assets, including the Garrison gold project located adjacent to and contiguous with Moneta’s Golden Highway project in the Timmins gold camp.

Read More

O3 Mining to sell Garrison to Moneta for 149.5M shares

O3 Mining Inc. has entered into a definitive share purchase agreement with Moneta Porcupine Mines Inc., pursuant to which it has agreed to sell its wholly owned subsidiary, Northern Gold Mining Inc., in exchange for 149,507,273 common shares of Moneta, representing 30.1 per cent of the outstanding Moneta shares. Northern Gold owns 100% of the Golden Bear assets, including the Garrison gold project (“Garrison Project”), in the Kirkland Lake district of the Timmins gold mining camp in Ontario, Canada. Garrison is located adjacent to the Golden Highway Project where Moneta recently declared a mineral resource estimate of 2,144,200 ounces (oz) of indicated mineral resources and 3,335,300 oz of inferred mineral resources.

Read More

Westhaven Increases Bought Deal Public Offering to C$13 Million

VANCOUVER, British Columbia, Jan. 14, 2021 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) (“Westhaven” or the “Company”) is pleased to announce that it has agreed with Raymond James Ltd. (the “Underwriter”), in connection with the previously announced bought deal offering of units of the Company (the “Units”) at a price of C$0.70 per Unit, to increase the size of the offering to C$13 million (the “Offering”).

Read More

Orea Mining arranges $1-million private placement

Orea Mining Corp. has arranged a non-brokered private placement for gross proceeds of up to $1-million.

Read More

Amerigo’s MVC produces 56.2M lb Cu in 2020

Amerigo Resources Ltd. has released its 2020 production results from Minera Valle Central, the company’s 100-per-cent-owned operation located near Rancagua, Chile.

Read More

Metals Update 13/01/2021

Los Andes improves Vizcachitas flotation recoveries

As a part of the continuing prefeasibility study (PFS) at the Vizcachitas project in Chile, Los Andes Copper Ltd. has received improved flotation rougher recoveries resulting from further metallurgical testwork. Through optimizing the rougher flotation conditions, the company will be able to increase copper and molybdenum recoveries.

Read More

Golden Minerals starts gold production at Rodeo

Golden Minerals Company has begun gold production at its Rodeo gold project located in Durango state, Mexico, roughly two weeks ahead of schedule and on budget.

Read More

Copper Fox’s Van Dyke PEA pegs NPV at $789.6M (U.S.)

Copper Fox Metals Inc., through its wholly owned subsidiary, Desert Fox Copper Inc., has released robust results from an external, independent preliminary economic assessment (PEA) prepared in accordance with National Instrument 43-101 for its 100-per-cent-owned Van Dyke in situ copper recovery (ISCR) project located in Miami, Ariz. The PEA was prepared under the direction of Moose Mountain Technical Services with an effective date of December 30, 2020. All dollar amounts are expressed in US dollars, unless otherwise noted.

Read More

Avino Silver pegs Avino at 75.9M oz AgEq M+I

Avino Silver & Gold Mines Ltd. has provided an updated mineral resource estimate for the company’s Avino property located near Durango in west-central Mexico. The updated estimate includes the Property’s Avino Mine (Elena Tolosa {ಖ –} “ET”) vein systems, the San Gonzalo Mine, and the Property’s Oxide Tailings. The mineral resources estimate has been included in an updated technical report prepared by Tetra Tech Inc. under National Instrument 43-101 (“NI-43-101”), which will be available on SEDAR (www.sedar.com) under the Company’s profile and filed on Form 6-K with the SEC within 45 days.

Read More

Gold Terra drills five m of 9.03 g/t Au at Yellowknife

Gold Terra Resource Corp. has provided assays for nine holes at the high-grade Crestaurum gold deposit on its 100-per-cent-owned Yellowknife City gold (YCG) project near the city of Yellowknife, Northwest Territories. The Crestaurum gold deposit is an advanced exploration target located within the same large mineralized system suite as the past producing Con and Giant mines which have produced a total of 14 million ounces of gold. (Figure 1)Figure 1 – Crestaurum Deposit and Con Shear

Read More

Lithium Chile samples up to 1,450 ppm Li at Laguna

Lithium Chile Inc. has recommenced exploration efforts at its Laguna Blanca lithium/cesium property where a geological team is currently conducting a program of salts and liquids sampling. The program is intended to extend the initial sampling program which covered less than 10% of the 4600-hectare property but returned high lithium and cesium grades from surface salt-sediments to a depth of 1.2 meters as reported by ALS Labs.

Read More

Aurion JV B2Gold samples 42.4m of 1.07g/t Au at Sinerma

Aurion Resources Ltd. has released results from exploration activities completed by its joint venture partner, B2Gold Corp. on the Kutuvuoma East and Sinerma areas in the Central Lapland greenstone belt in northern Finland.

Read More

Metals Update 12/01/2021

QMX Gold starts 35,000 m drill program at Bonnefond

QMX Gold Corp. has commenced the planned 35,000-metre winter drilling campaign. The winter campaign will focus primarily on and around the Bonnefond deposit and Bevcon target, both located on the eastern side of its nearly 200-square-kilometre Val d’Or camp property located east of the city of Val d’Or in the historically gold-rich Abitibi greenstone belt in Quebec.

Read More

Troilus Gold drills nine m of 2.73 g/t AuEq at Troilus

Troilus Gold Corp. has provided initial results from its fall/winter 2020 drill campaign at its 100-per-cent-owned Troilus property located in north-central Quebec.

Read More

Freeman Gold drills 10 m of 14 g/t Au at Lehmi

Freeman Gold Corp. has provided assay results of core from four of 34 diamond drill holes on Freeman Gold’s 100-per-cent-owned Lemhi gold project located in Idaho. The objective of the 2020 phase 1 drill program was designed to confirm historical mineralization and allow the use of over 355 historical drill holes in a maiden National Instrument 43-101-compliant resource estimate. The drill program focused on infill and stepout drilling within the known mineralized body to increase confidence and maximize the potential resource.

Read More

Atac Resources drills 46.32 m of 0.51 g/t Au at Rau

Two thousand twenty phase two exploration work at Atac Resources Ltd.’s Airstrip target has encountered broad intervals of gold mineralization. The about 11.5-square-kilometre Airstrip target is part of the Rau project, located at the western end of its 1,700-square-kilometre Rackla gold property in east-central Yukon.

Read More

Abraplata reviews 2020 accomplishments, outlines 2021

Abraplata Resource Corp. has provided a summary of its 2020 accomplishments and presented its outlook for 2021. Abraplata begins the new year with a strong balance sheet of approximately $18-million of cash with no debt, and is continuing to aggressively explore several high-priority drill targets at its wholly owned Diablillos project in Salta, Argentina.

Read More

Anaconda receives $3.52-million from warrant exercises

Anaconda Mining Inc.’s holders of share purchase warrants expiring on Jan. 10, 2021, have exercised their rights in full. The company has accordingly issued 7,837,544 common shares and received proceeds of $3,526,895 based on the exercise price of 45 cents. In addition, the company received proceeds of $487,500 from the full exercise of share purchase warrants that expired on Dec. 23, 2020, for which the company issued 1,381,250 common shares.

Read More

Kootenay Silver talks 2020, outlines 2021 plans

Kootenay Silver Inc. recaps a busy 2020 and provides a general look ahead for an exciting 2021 exploration season. Details related to the Company’s plans for 2021, will be announced in the coming weeks in addition to assay results received from the remaining 17 holes drilled at the Columba high grade silver project. During the past year, the Company completed two large drill programs totaling over 13,000 meters, collectively on the Columba and Copalito properties. Based on the results seen to date, both projects hold great promise for the discovery and development of a classic high-grade silver or silver and gold vein deposits, respectively.

Read More

FPX touts potential low carbon footprint at Baptiste

FPX Nickel Corp. has highlighted the potential for the company’s Baptiste project in central British Columbia to produce refined nickel with a significantly lower carbon footprint than other sources of production in the global nickel industry. These findings are based on the Project’s recent Preliminary Economic Assessment (“PEA”), which outlined the development of a conventional processing facility powered by low-carbon hydro-electric power for the production of a refined, high-grade (63% nickel) product capable of bypassing smelting and being sold directly to end users.

Read More

Fiore Gold produces 9,204 oz of Au in fiscal Q1

Fiore Gold Ltd. has released preliminary production results for its fiscal first quarter of 2021 (quarter ending Dec. 31, 2020) from its Pan open-pit mine in White Pine county, Nevada. All dollar figures are in United States dollars unless otherwise noted.

Read More

Metallic Minerals hires ITG for market-making services

Subject to regulatory approval, Metallic Minerals Corp. has engaged Independent Trading Group (ITG) to provide market-making services, in accordance with TSX Venture Exchange policies. ITG will trade shares of the company on the TSX-V and all other trading venues, with the objectives of maintaining a reasonable market and improving the liquidity of the company’s common shares.

Read More

Alpha Lithium completes first well at Tolillar

Alpha Lithium Corp. has completed drilling operations on the first well of its planned six-well drilling program. This is an important first step toward the extraction and processing of brine from Alpha’s 100-per-cent-owned, 27,500-hectare Tolillar salar.

Read More

American Manganese begins Wenden stockpile testing

American Manganese Inc.’s Wenden stockpile testing project, funded by the United States Defense Logistics Agency (DLA), is under way and on schedule. At the end of December, 2020, approximately 550 pounds of representative stockpile surface samples were collected from the National Defense stockpile in Wenden, Ariz., and received in Richmond, B.C., by American Manganese’s contract research and development lab, Kemetco Research.

Read More

Black Iron to hold webinar Jan. 19

Black Iron Inc. will host a Web-based presentation for current and future potential shareholders on Jan. 19, 2021, at 10 a.m. to provide an overview of the company and its exciting plans for 2021. Interested parties can sign up at Black Iron’s website, after which you will receive a video and a phone number, which you need to save in order to access the event.

Read More

Millrock Resources sells three projects to Felix Gold

Millrock Resources Inc. has sold its Treasure Creek, Ester Dome and Liberty Bell projects to Alaska-domiciled subsidiary companies of Felix Gold Ltd. (Australia) for a future share payment, $210,000 (U.S.) in cash and retained royalties. Felix Gold will have the right to secure 100% ownership in the projects in accordance with the underlying option agreements.

Read More

Almaden Minerals confirms no relation to Mexico ruling

Almaden Minerals Ltd. understands that certain media have reported that Mexico’s supreme court will soon make a ruling on the constitutionality of Mexico’s mining code, stemming from a complaint brought in relation to the company’s mineral claims in Ixtacamaxtitlan, Puebla state, Mexico.

Read More

Noront Resources 1,994,257 shares for debt

The TSX Venture Exchange has accepted for filing the company’s proposal to issue 1,994,257 shares to settle outstanding debt for $382,698.

Read More

Metals Update 11/01/2021

Namibia Critical draws down $100,000 under facility

Namibia Critical Metals Inc. has completed a second drawdown of $100,000 pursuant to a drawdown equity financing facility with Alumina Partners (Ontario) Ltd., an affiliate of New York-based private equity firm Alumina Partners LLC, entered into on Aug. 24, 2020.

Read More

Brixton Metals drills four m of 370 g/t Ag at Langis

Brixton Metals Corp. has provided the second round of drill results from its fall/winter exploration program at the Langis mine project located in the Cobalt camp of Ontario. The assays for this round are from 14 holes totalling 1,673.85 metres of NQ size core. Drill holes follow a fan-type array with depths ranging from 55 metres to 176 m across the Shaft 3 trend.

Read More

Aurion reviews 2020 accomplishments

As Aurion Resources Ltd. embarks on 2021, we are excited about the prospects for Aurion and our shareholders.

Read More

Magna Gold removes Mercedes disclosure, updates website

As a result of a review by staff of the Ontario Securities Commission, Magna Gold Corp. is issuing the following news release regarding the company’s technical disclosure in respect of the company’s Mercedes property. The company has updated the corporate presentation posted on its website to, among other changes:

Read More

Sirios Resources private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

Read More

Kincora to issue shares for services, grants options

Kincora Copper Ltd. will issue 1,325,084 shares to certain directors, officers and service providers on account of services rendered on a quarterly basis during calendar year 2020.

Read More

Roscan Gold acquires 16 km2 at Kandiole

Roscan Gold Corp. has strategically expanded its land package by acquiring the property to the immediate west of the Mankouke permit, which is a crucial additional 16 square kilometres at the Kandiole project. It is clearly apparent, as shown in an image on the company’s website, that the magnetic signature of the Siribaya-Mankouke-Seko structure and the mineralization outlined in the Mankouke trend extend over the newly acquired Mankouke prospecting licence.

Read More

Osisko Metals to start drilling Pine Point on Jan. 14

Osisko Metals Inc. has provided its 2021 exploration and development plans for Pine Point with a focus toward continuing to derisk the project and bringing further improvements to the 2020 preliminary economic assessment (PEA):

Read More

Prime Mining pays $1.1M (U.S.) to Vista Gold

Prime Mining Corp. has made payment of $1.1-million to Vista Gold Corp. as per the terms of the acquisition of the Los Reyes gold-silver project, located in the state of Sinaloa, Mexico.

Read More

Evergold signs option deal on Rockland property

Evergold Corp. has signed a letter agreement for an option to purchase the Rockland property, including the formerly producing Rockland mine and adjacent exploration claims, located in the Walker Lane geological belt, Nevada, from Enigma Resources LLC. As reflected in the significant historical intercepts cited below, the property hosts known zones of high-grade and bulk-tonnage-style gold-silver mineralization that are open for further expansion and that the company believes it can grow and add to with new discoveries. Completion of the acquisition of the option is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

Read More

Cda Nickel, Glencore sign MOU on Kidd met site use

Canada Nickel Company Inc. has entered into a non-binding memorandum of understanding (MOU) with Glencore Canada Corp. in order to examine the potential use of Glencore’s Kidd concentrator and metallurgical site in Timmins, Ont., for the treatment and processing of material mined from Canada Nickel’s 100-per-cent-owned Crawford nickel-cobalt sulphide project. Crawford is located 40 kilometres north of Glencore’s operations.

Read More

Am Creek JV drills 82.5 m of 3.286 g/t AuEq at Treaty

American Creek Resources Ltd. has released results for the last set of 2020 diamond drill holes for the Goldstorm zone at its joint venture flagship property, Treaty Creek.

Read More

Blue Lagoon begins drilling at Dome Mountain

Blue Lagoon Resources Inc. has mobilized its crew and drill rig to commence its 2021 drill program, which is expected to be a minimum of 20,000 metres of diamond drilling on its all-year-round road-accessible Dome Mountain gold project, located a short 50-minute drive from Smithers, B.C.

Read More

Metals Update 07/01/2021

American Manganese brags about JES publication

American Manganese Inc. has noted that the detailed technical paper, “Experimental Study on Recycling of Spent Lithium-Ion Battery Cathode Materials,” has been submitted, reviewed and published in the Journal of the Electrochemical Society (JES). The JES is a peer-reviewed journal established in 1902 and is one of the most highly cited journals in electrochemistry, and solid-state science and technology.

Read More

Kincora Copper 1:3 share rollback

Pursuant to a special resolution passed by shareholders on Nov. 24, 2020, the company has consolidated its capital on a one-new-for-three-old basis. The name of the company has not been changed.

Read More

Galway Metals drills 3.1 m of 4.8 g/t Au at Clarence

Galway Metals Inc. has released assay results from a new discovery from wildcat exploration drilling at the company’s Clarence Stream project in southwest New Brunswick, Canada. This hole, the first in the area, is located 900 metres northwest and likely along a different trend than the discovery hole in the previously reported new discovery (now named the Adrian zone) of 13.4 grams per tonne (g/t) Au over 12.95 metres (m). The new discovery intersected 4.8 g/t Au over 3.1 m in sediments between two intrusions (20 m away from one) and is controlled by a fault.

Read More

Eskay Mining private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on Nov. 26, 2020, and Nov. 20, 2020.

Read More

Greencastle Resources agreement for Mayflower property

The TSX Venture Exchange has accepted for filing documentation relating to a letter option agreement dated Nov. 30, 2020, between Todd Thurier, David Kroocmo and Greencastle Resources Ltd. Pursuant to the agreement, the company shall have the option to acquire a 100-per-cent interest in the Mayflower property, located 35 kilometres west of Atikokan in Northwestern Ontario.

Read More

Oroco Resource 12.9-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 10, 2020.

Read More

Arizona Metals starts drilling at Kay mine

Drilling is currently under way for Arizona Metals Corp.’s Kay mine phase 2 expansion drill program.

Read More

Altus Strategies drills 60 m of 3.34 g/t Au at Diba

Altus Strategies PLC has released encouraging initial results from the continuing 10,000-metre reverse circulation (RC) drilling program at its 100-per-cent-owned Diba gold project located in western Mali. Diba hosts a shallow-dipping near-surface gold deposit and several other prospect areas.

Read More

Orca Gold appoints White to board

Orca Gold Inc. has appointed Brad White to the board of directors of the company, effective immediately.

Read More

Anaconda acquires 4,175 ha at Tilt Cove

Anaconda Mining Inc. has expanded and further consolidated the Tilt Cove gold project located within the Baie Verte mining district in Newfoundland, approximately 45 kilometres by quality roads from the company’s Pine Cove mill and long-term tailings facility. The expansion includes an additional 4,175 hectares of prospective mineral property, acquired via staking and an option agreement, that covers an additional 14 kilometres of favourable geology and structure in the region. The company now maintains a 100-per-cent interest over 35 kilometres of highly prospective strike length including the Nugget Pond horizon that hosted the Nugget Pond mine.

Read More

Regulus drills 141.6m of 0.43% CuEq at Antakori

Regulus Resources Inc. has provided the results from the first two drill holes (AK-20-044 and AK-20-045) from the Anta Norte area of the AntaKori copper-gold project in northern Peru. The aim of the drill program at Anta Norte is to test various geophysical and geological targets and expand the existing footprint of mineralization of the AntaKori deposit. The first two holes in Anta Norte were completed on the Colquirrumi claims where the company has the right to earn up to a 70-per-cent interest from Compania Minera Colquirrumi SA (see May 18, 2016, press release) by drilling 7,500 metres. To date, including the two holes reported in this release, 3,669.7 m have been completed on this ground. Both holes were cut short of their intended depth (see Nov. 23, 2020, press release).

Read More

Am Creek JV drills 82.5 m of 3.286 g/t AuEq at Treaty

American Creek Resources Ltd. has released results for the last set of 2020 diamond drill holes for the Goldstorm zone at its joint venture flagship property, Treaty Creek.

Read More

Blue Lagoon drills 3.13 m of 17.69 g/t Au at Dome

Recently completed drilling on Blue Lagoon Resources Inc.’s Dome Mountain gold project shows potential to increase the extent of the known gold mineralization downdip from the current extent of the known resource based on deep mineralization encountered in hole DM-20-139 and along strike to the east based on high-grade gold intercepts in hole DM-20-114 (the farthest east mineralized intercept on the Boulder vein completed on the project to date).

Read More

Orea Mining to acquire Colombian gold project

Orea Mining Corp. has signed a binding letter of intent to acquire gold projects with an existing ore processing facility, including significant plant and equipment, in Colombia, South America.

Read More

Frontier begins mini-pilot plant operations in Ontario

Frontier Lithium Inc. has begun mini-pilot plant operations with XPS Expert Process Solutions, a Glencore company, at its research and development centre in Falconbridge, Ont., and at other off-site locations. The goal of the pilot is to directly produce lithium hydroxide from the PAK Lithium Project resource. The PAK project contains Ontario’s highest grade and largest lithium resource and is located in an emerging premium lithium mineral district located in the Great Lakes region of northern Ontario.

Read More