Canadian Mining Journal


Gold


  • News

    GOLD: Rubicon releases remaining 2017 drill results

    February 20, 2018 by Canadian Mining Journal

    ONTARIO – Rubicon Minerals Corp. of Toronto has released the remainder of the 2017 drilling results from the Phoenix gold project in the Red Lake district. Of particular interest was the area below the historic McFinley gold deposit, what Rubicon

  • News

    COPPER-GOLD: Capstone agrees to sell Minto mine to Pembridge Resources

    February 15, 2018 by Canadian Mining Journal

    YUKON – Vancouver-based Capstone Mining has agreed to sell its Minto copper-gold mine 240 km northwest of Whitehorse to Pembridge Resources plc of London, U.K. Capstone started production at the mine in 2007. Pembridge will pay US$37.5 million in cash

  • GOLD: Bonterra raises $21.5M for Gladiator exploration

    February 15, 2018 by Canadian Mining Journal

    QUEBEC – Bonterra Resources of Vancouver is raising exploration money for its Gladiator gold project 170 km northeast of Val d’Or. The company will issue 19.2 million flow-through shares ($0.60 each) and 13.3 million super flow-through shares ($0.75 each). The

  • News

    DRILLS: Canada’s first Epiroc Boomer S2 C hard at work

    February 15, 2018 by Canadian Mining Journal

    MISSISSAUGA, Ont. – Eldorado Gold’s Lamaque mine is the first mining company in Canada to receive the new Epiroc Boomer S2 C. The rig has been hard at work since Jan. 18 at its gold project in Val d’Or, QC. The size

  • News

    Premier plans ‘big year’ in Nevada

    February 15, 2018 by Canadian Mining Journal

    Having lopped off more than half of its debt last year and with over $100 million in the bank, Premier Gold Mines (TSX: PG) is primed and ready for a big year in 2018, president and CEO Ewan Downie says. “We paid

  • News

    GOLD: Cartier drills 17+g/t at former Chimo mine

    February 14, 2018 by Canadian Mining Journal

    QUEBEC – As Cartier Resources of Val d’Or, Que., continues to re-examine the former Chimo gold mine 45 km east of the town, it is rewarded with long and strong intersections. The property is the site of an ongoing 30,000-metre

  • GOLD: Mawson announces $8.1M investment by Goldcorp

    February 14, 2018 by Canadian Mining Journal

    VANCOUVER – Mawson Resources has closed a private placement worth $8.1 million with Goldcorp. The deal involved the issuance of 18 million Mawson share and share purchase units at a price of $0.45 each. As a result, Goldcorp has become

  • News

    Liberty Gold releases maiden resource for Goldstrike

    February 14, 2018 by Canadian Mining Journal

    Liberty Gold (TSX: LGD) has completed the first resource estimate on its flagship 100%-owned Goldstrike project in southwestern Utah. The oxide gold project near the Nevada border in the eastern Great Basin is a Carlin-style gold system that produced 209,000 ounces

  • News

    GOLD: Osisko outlines $3M exploration plan for Garrison

    February 13, 2018 by Canadian Mining Journal

    ONTARIO – Toronto-based Osisko Mining has announced plans to spend $3 million on exploration at its Garrison project in 2018. The work includes a resource estimate (due in July), infill and exploration drilling, and metallurgical work. The property is located

  • News

    GOLD: Osisko to pour $100M into Quebec exploration

    February 8, 2018 by Canadian Mining Journal

    QUEBEC – Toronto’s Osisko Mining says it will spend about $100 million on exploration at its Windfall-Lynx deposits as well as the Urban Barry and Quevillon project areas. A wide range of activities are planned. Osisko plans to issue the

  • News

    GOLD: Monarques says updated PFS for Croinor is positive

    February 8, 2018 by Canadian Mining Journal

    QUEBEC – Monarques Gold of Montreal has updated the pre-feasibility study for its Croinor project with a 10% increase in proven and probable reserves, a 16% decrease in operating costs, and a 13% cut to total costs. The revised study

  • News

    GOLD: Moneta rewarded with bonanza grades from South West deposit at Golden Highway project

    February 8, 2018 by Canadian Mining Journal

    ONTARIO – The Golden Highway project 110 km east of Timmins is returning bonanza grades for owner Moneta Porcupine Mines of Toronto. The best hole was 1,078.43 g/t gold (a number more often associated with silver). The excellent results come