Canadian Mining Journal


  • SILVER: Discovery releases more high-grade assays from Cordero

    April 7, 2020 by Canadian Mining Journal

    TORONTO – Discovery Metals continues to release high-grade assays from drilling at its advanced exploration-stage Cordero project in Chihuahua state, Mexico, which it acquired last year. Highlights of the results from 10 holes at Cordero included hole C20-316, which hit

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    GOLD-SILVER: Ely expands Tonopah West property in Nevada

    April 6, 2020 by MINING.COM Staff

    NEVADA – Canada’s Ely Gold Royalties and its wholly-owned subsidiary Nevada Select Royalty announced that they have completed the purchase of 73 patented mining claims from Cliff ZZ, a Nevada limited liability company. Known as the Tonopah Extension Claims, the tenements are

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    SILVER-ZINC-LEAD: Tethyan to acquire past-producing mines

    April 2, 2020 by MINING.COM Staff

    SERBIA – Tethyan Resource is working towards acquiring the past-producing Kizevak and Sastavci silver-zinc-lead mines in southwestern Serbia. In a press release, the Vancouver-based miner said that it has entered into an arm’s length agreement to purchase a 100% ownership stake in

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    ZINC-COPPER: Murchison discovers new zone at Brabant Lake

    April 1, 2020 by Canadian Mining Journal

    SASKATCHEWAN – Exploration drilling at Murchison Minerals’ Brabant Lake property, 175 km northeast of La Ronge, intersected high-grade copper and zinc mineralization 10 km southwest of the company’s Brabant-Mckenzie deposit. A drill hole completed at the Main Lake target, situated

  • GOLD: Luminex grows Condor with first Camp resource

    March 31, 2020 by Canadian Mining Journal

    VANCOUVER – Luminex Resources has unveiled a maiden resource at its Camp deposit, part of its Condor project in southeast Ecuador, of 11.9 million inferred tonnes grading 2.95 g/t gold equivalent for 1.1 million gold-equivalent oz. Camp contains the highest

  • M&A: Argonaut and Alio announce gold-focused merger

    March 30, 2020 by Canadian Mining Journal

    TORONTO – Producers Argonaut Gold and Alio Gold have entered into an agreement for an all-share merger with Argonaut acquiring Alio to create a diversified intermediate company with output of over 235,000 gold-equivalent oz. annually. With a share exchange ratio

  • COVID-19: McEwen suspends mining at Black Fox and Gold Bar

    March 26, 2020 by Canadian Mining Journal

    After announcing a temporary suspension of operations until at least Mar. 31 at its 49%-owned San José mine in Argentina late last week due to COVID-19, McEwen Mining reported today it will also be suspending production at its Black Fox

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    GOLD: Tudor has enough cash for 2020 drilling at Treaty Creek

    March 26, 2020 by MINING.COM Staff

    BRITISH COLUMBIA – Tudor Gold has announced that it is fully funded to execute a significantly larger drilling and exploration program than the campaign that was carried out last year at its Treaty Creek project. Back in December, Tudor raised enough capital

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    SILVER-GOLD: GoGold hits high grades at Los Ricos South

    March 25, 2020 by Canadian Mining Journal

    MEXICO – GoGold Resources’ most recent exploration results include near-surface, high-grade silver and gold intersections around historical underground workings from the Los Ricos South project. The Main area returned 18.8 metres of 255 g/t silver-equivalent starting at 3 metres, 19.5

  • SilverCrest weighs legal options after underwriter bails on financing

    March 23, 2020 by Steve Stakiw

    As global financial markets began to melt down in response to the coronavirus pandemic, SilverCrest Metals (TSX: SIL; NYSE-A: SILV) inked a $75 million bought-deal financing on March 11 that was underwritten by a banking syndicate led by National Bank Financial (and

  • COVID-19: Coronavirus impacts spread across mining sector

    March 19, 2020 by Alisha Hiyate and Magda Gardner

    As the world seemingly moves into lockdown to halt the transmission of the novel COVID-19 virus, the uncertainty and restrictions on movement are taking a toll on markets and commodities. After initially benefiting from uncertainty around the virus and peaking

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    ZINC-COPPER: Foran tables PFS for McIlvenna Bay

    March 12, 2020 by Canadian Mining Journal

    SASKATCHEWAN – A pre-feasibility study (PFS) released by Foran Mining for its wholly owned McIlvenna Bay project suggests a 3,600 t/d underground mine with on-site processing and tailings storage and the shipping of copper and zinc concentrates to offsite smelters.