Gold
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GOLD: Spanish Mountain releases PEA for phase one
BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has completed the preliminary economic assessment for the first phase of work at its Spanish Mountain gold project 70 km northeast of Williams Lake. The PEA proposes mining the central higher grade portion…
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GOLD: Landore reports solid results from the BAM deposit at Junior Lake
ONTARIO – Landore Resources, with exploration offices in Thunder Bay, Ont., says the latest drill results from the BAM gold deposit continue to match previous assays. The BAM deposit, discovered in 2015, is located on the company’s Junior Lake property…
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GOLD: Stratabound finds 95 g/t over 1.5 metre at Golden Culvert
YUKON – There is nothing like 95 g/t gold to make a trip to Yukon a pleasure. That is what Stratabound Minerals found during trenching at the Golden Culvert project in the Hylands-Selwyn gold belt in the eastern part of…
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GOLD: Council finds gold has a role in the face of climate risks
LONDON, U.K. – The World Gold Council has released a new report, Gold and Climate Change: Current and future impacts, aimed at providing investors and stakeholders with greater clarity around both gold’s emission profile and the role that yellow metal…
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GOLD: Machine learning yields positive results for Gran Colombia
COLOMBIA – After several months of work, Gran Colombia Gold confirmed the exploration targets identified by the machine learning system installed at its Segovia operation by GoldSpot Discoveries. Teams from GoldSpot and Gran Colombia collaborated to leverage machine learning capabilities…
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GOLD: Iamgold reports initial 3.2M-oz inferred resource at Nelligan project
QUEBEC – Iamgold Corp. of Toronto reports the first resources numbers – with 3.2 million oz. of gold – at its Nelligan joint venture project 60 km southwest of Chibougamau. The project is owned 51% and operated by Iamgold, and…
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GOLD: Another bonanza for Skeena at Eskay Creek
BRITISH COLUMBIA – Vancouver-based Skeena Resources continues to drill bonanza gold grades at its Eskay Creek project in the Golden Triangle. For the phase one program, two drills are testing the 21A, 21E and 22 zone. Assays for only the…
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BASE METALS: ALX Uranium exploring for base metals at Draco
NORWAY – ALX Uranium announced that it acquired mineral claims prospective for copper-zinc-gold-silver mineralization at its 100%-owned Draco project located in the Grong mining district of central Norway. In a media statement, ALX said that it staked 10 claims totaling…
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GOLD: Newmont ups Sirios stake to 19.9%
QUEBEC – Newmont Goldcorp, based in Denver, has raised its stake in Montreal’s Sirios Resources to 19.9% from 15.9% with the purchase of approximately 5.4 million units at $0.20 per unit for a total of roughly $1.1 million. The purchase…
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GOLD-COPPER: Seabridge outlines new porphyry target at Iskut
BRITISH COLUMBIA – Seabridge Gold of Toronto has defined a new gold-copper porphyry target at its Iskut property 110 km northwest of Stewart. The target is a large intrusive system at relatively shallow depth in a geological environment remarkably similar…
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GOLD: Barrick, Tanzania settle differences, launch Twiga
TANZANIA – The government of Tanzania and Canada’s Barrick Gold Corp. say they have settled all the disputes between the state and the former Acacia mines. Barrick will by US$300 million to settle outstanding tax and other disputes. In return,…
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GOLD: Barkerville discovers new Lowhee zone at Cariboo project
BRITISH COLUMBIA – Toronto-based Barkerville Gold Mines has announced the successful results of drilling at its Cariboo gold project near wells. Not only were high grades confirmed at Cow Mountain, but the company made a new gold discovery – the…
