Canadian Mining Journal


  • News

    GOLD: Osisko continues to hit high grades at Lynx, confirms Triple Lynx extensions

    April 29, 2020 by Canadian Mining Journal

    QUEBEC – Infill results from Osisko Mining’s drill program at the Windfall gold project continue to suggest strong grades within the Lynx zone and confirm past step outs of Triple Lynx. Drill highlights from the latest release include 2.7 metres

  • News

    GOLD: GoldON allowed to drill at West Madsen project

    April 29, 2020 by MINING.COM Staff

    ONTARIO – GoldON Resources reported that it has received an exploration drilling permit for the West Madsen gold property with in the Red Lake greenstone belt. At present, the company has the right to earn a 100% interest in the property through an option

  • COPPER: First Quantum revises guidance for 2020

    April 28, 2020 by Canadian Mining Journal

    With its Cobre Panama mine on care and maintenance since Apr. 7, First Quantum Minerals has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000 tonnes, with expected gold production falling by 30,000 oz. to 250,000-270,000 oz.

  • News

    GOLD: Luminex hits high grades with Camp step-out hole

    April 28, 2020 by Canadian Mining Journal

    ECUADOR – Luminex Resources has released assay results for hole CC20-29, which was drilled as a step-out to the Camp deposit at the company’s 101 sq.-km Condor project. This drill hole returned 21 metres of 4.26 g/t gold and 26.3

  • Bluestone Resources announces $80M financing deal

    April 28, 2020 by Carl Williams

    Bluestone Resources  (TSXV: BSR; US-OTC: BBSRF) is raising $80 million in a bought deal financing to advance its flagship Cerro Blanco gold project in Guatemala. Under the agreement, a syndicate of underwriters led by Canaccord Genuity will purchase 45.72 million common

  • News

    GOLD: Romios acquires claims next to Newmont’s Arseno Lake deposit

    April 28, 2020 by MINING.COM Staff

    ONTARIO – Romios Gold Resources has staked 81 mining claims totalling 15.8 sq. km within the Arseno Lake area in northwestern Ontario. In a press release, the miner said the claims cover the on-strike continuation of a mineralized iron formation and

  • News

    GOLD: Seabridge releases KSM PEA with improved economics

    April 27, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Seabridge Gold has released the results of an updated preliminary economic assessment on its KSM project. The latest study suggests a large underground block cave mine at the Iron Cap deposit, with one third of the planned

  • News

    GOLD: MAS Gold reports encouraging initial metallurgical results for Point

    April 27, 2020 by Canadian Mining Journal

    SASKATCHEWAN – MAS Gold has announced the results of initial flotation and metallurgical tests on material from the Point gold area, which lies within the Preview North property in the La Ronge gold belt. Flotation test work suggests average gold

  • News

    GOLD: Skeena infill program returns 22.1 metres of 4.11 g/t gold-equivalent

    April 23, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Skeena Resources has released drill results from the surface drill program at its Eskay Creek project in the Golden Triangle in B.C.’s northwest. This work aims to infill existing inferred resources within the 21B and 21C zones

  • News

    GOLD: Riverside gets new drill permit in Mexico

    April 23, 2020 by MINING.COM Staff

    MEXICO – This week, Vancouver-based Riverside Resources received a new drill permit approval from the Sonora Environmental Agency. In a press release, the Canadian miner said that the permit is aimed at supporting the company’s ongoing exploration and drilling campaign at

  • News

    GOLD: Kirkland Lake expands SMC to the east, traces new corridor at Macassa

    April 22, 2020 by Canadian Mining Journal

    ONTARIO – Kirkland Lake Gold has released the results of 19 drill holes as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine. These results expand the South Mine Complex (SMC) by at least 75

  • BofA forecasts US$3,000 gold in 18 months

    April 22, 2020 by Northern Miner Staff

    Bank of America has hiked its 18-month target for gold from US$2,000 to US$3,000 per ounce. “As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure and investors will aim