Canadian Mining Journal


  • GOLD: Ascot raises $25M for Premier project

    May 27, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Ascot Resources has announced a $25 million bought deal, led by Desjardins Capital Markets and Stifel GMP. The underwriters have agreed to purchase 29.4 million shares of the company at $0.85 per share for gross proceeds of

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    The Northern Miner Podcast – episode 188: Golden Predator CEO Janet Lee-Sheriff on gold, community engagement and ESG

    May 27, 2020 by Northern Miner Staff

    This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet discusses the history of the Canadian Mint, gold supply, environmentally friendly ways of mining,

  • Gran Colombia terminates bid for Guyana Goldfields

    May 27, 2020 by Trish Saywell

    Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX). Gran Colombia had envisioned creating a

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    SILVER: Silver One expands high-grade zones at Candelaria in Nevada

    May 26, 2020 by Canadian Mining Journal

    NEVADA – Drilling at Silver One’s Candelaria project in Nevada’s has expanded higher-grade mineralization between the past-producing Mount Diablo and Northern Belle pits at depth and confirmed near-surface lower-grade mineralization around the two pits. The company has recently drilled nine

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    GOLD: UrbanGold expands land position within Troilus corridor

    May 26, 2020 by Canadian Mining Journal

    QUEBEC – UrbanGold is expanding its land holdings within the Troilus gold corridor – the company announced that it has entered into an agreement with Quebec Precious Metals to acquire the 33.1-sq.-km Chemin Troilus property adjacent to UrbanGold’s existing holdings.

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    GOLD: Banyan releases maiden resource for AurMac in the Yukon

    May 25, 2020 by Canadian Mining Journal

    YUKON – Banyan Gold has released a maiden resource estimate for the 92.3-sq.-km AurMac property (previously Aurex-McQuesten) within the Mayo mining district. The pit-constrained inferred resource is made up of the Airstrip and Powerline deposits and totals 52.6 million tonnes

  • GOLD: QMX closes in on resource update at Bonnefond

    May 25, 2020 by Canadian Mining Journal

    TORONTO – Infill drilling at QMX Gold‘s Bonnefond deposit near Val d’Or, Que., continues to hit strong intercepts as the company prepares a resource update to be released this summer. The junior released assays from nine holes drilled in the

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    GOLD: Manitou drills 4.6 metres of 5 g/t gold at Goudreau

    May 25, 2020 by Canadian Mining Journal

    ONTARIO – Manitou Gold has released initial drill results from the Rockstar vein within its 225-sq.-km Goudreau project in Ontario. This work is following up on last year’s channel sampling program at the property. At the time, the program uncovered

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    Kirkland Lake Gold invests in Melkior Resources

    May 25, 2020 by Carl Williams

    Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp of Ontario. The Toronto-based gold miner, whose high-grade mines in Canada and Australia

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    GOLD: Aurania to expand from Ecuador to Peru

    May 25, 2020 by MINING.COM Staff

    ECUADOR – Aurania Resources has announced that it has identified an opportunity for additional copper and gold exploration based on a possible extension of a mineral belt from its Lost Cities – Cutucu project in Ecuador into northern Peru. The company has registered a

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    GOLD: Moneta Porcupine discovers new zone at Golden Highway

    May 21, 2020 by Canadian Mining Journal

    ONTARIO – Moneta Porcupine has released the results of one hole drilled to test the South BIF (banded iron formation) target at the company’s 618-sq.-km Golden Highway project, 110 km east of Timmins. Hole MGH20-148 returned 3.5 metres of 8.09

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    GOLD: Kore drills 76.5 metres of 1.1 g/t gold at FG project in BC

    May 20, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Kore Mining has released assay results from the top of hole FG-20-368 completed at its wholly owned 130-sq.-km FG Gold property, 100 km east of Williams Lake. This drill hole returned an impressive 76.5 metres of 1.1