Gold
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COBALT-GOLD: Fortune updating NICO feasibility
NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is updating the 2014 feasibility study for its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The project is one of the few new cobalt mines that could be in production by…
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GOLD: Anaconda drills solid grades at Goldboro
NOVA SCOTIA – Anaconda Mining of Toronto has received assays from the first five holes of a 30-hole program at its Goldboro gold project 175 km northeast of Halifax. The five holes targeted cross-section 9100E near the centre of the…
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Orefinders acquires Abitibi property, spins out others
Orefinders Resources (TSXV: ORX) has acquired the past producing underground McGarry gold mine and surrounding property in Ontario’s portion of the Abitibi greenstone belt. The company is focused on acquiring and consolidating property in the Abitibi that has a history of…
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GOLD: Granada prepares to explore land adjacent to mine
QUEBEC – Granada Gold Mine of Rouyn-Noranda, Que., is preparing a trenching and drilling program at its Aukeko property adjacent to its flagship Granada gold mine. The mine is at the development stage and currently the focus of a feasibility…
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GOLD: Bonterra tests reach 99.4% recovery, including 76.1% in gravity circuit
QUEBEC – Vancouver-based Bonterra Resources reports that recoveries of up to 99.4% gold have been reached during metallurgical tests using material from it Gladiator gold deposit 170 km northeast of Val d’Or. The gravity circuit alone recovered 76.1% of the…
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GOLD: Orion buys into Victoria and its Eagle development
YUKON – Orion Mine Finance of Toronto has invested $75 million in Victoria Gold and its shovel ready Eagle gold project about 85 km northeast of the village of Mayo in the central part of the territory. Orion has purchased…
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Nevsun completes prefeasibility at Timok
Nevsun Resources (TSX: NSU; NYSE-AM: NSU) has a busy year ahead. In early April, the mid-tier base metals company released a prefeasibility study for the Cukaru Peki Upper Zone, part of its 213 sq. km Timok copper-gold project near Bor, Serbia.…
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GOLD: Landore seeks 1M oz in BAM East deposit at Junior Lake
ONTARIO – Buoyed by the latest resource update for the BAM East gold deposit, owner Landore Resources, headquartered in the Channel Islands, U.K., is looking to increase the contained ounces to 1.0 million or more. BAM East is now estimated…
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GOLD: Nighthawk makes new discoveries at Indin Lake
NORTHWEST TERRITORIES – Nighthawk Gold Corp. of Toronto says it has made additional gold discoveries at its Indin Lake project 200 km north of Yellowknife. Chief among them was a high grade gold showing at Treasure Island called the Seadog…
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Mining titan and philanthropist Peter Munk’s lifetime of achievement
It’s an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian history. But at its core it is also a love story. It’s a tale about Peter Munk’s life-long romance with Canada —…
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Trilogy notches PFS milestone on journey to develop Ambler mining district
Trilogy Metals Inc. (TSX/NYSE American: TMQ) has tabled results from a positive pre-feasibility study (PFS) for its polymetallic Arctic deposit, which is part of its larger land holdings in the Ambler Mining District in northwestern Alaska. A proposed mine at Arctic…
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SolGold steps up drilling campaign in Ecuador
With about US$90 million in the bank and plenty of ground still to explore, Brisbane-based SolGold (TSX: SOLG; US-OTC: SLGGF) has embarked on a 120,000 metre, 12-drill program at its Cascabel copper-gold project in northern Ecuador. The main purpose of the…
