RNC Minerals
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RNC expands Beta Hunt with resource update
Infill and exploration drilling in the Western Flanks Zone of the Beta Hunt gold mine in Western Australia has boosted measured and indicated resources five-fold and inferred resources three-fold, RNC Minerals (TSX:RNX) reports. The updated resource for the Western Flanks zone incorporated…
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GOLD: RNC Minerals closes $12M bought deal financing
TORONTO – RNC Minerals has closed a $12-million bought deal financing by issuing approximately 24.5 million common shares at a price of $0.49 each. The offering was underwritten by a syndicate co-led by Haywood Security and Cantor Fitzgerald Canada. The…
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MINING PEOPLE: GSSI, Gatling Exploration, GoldSpot Discoveries, and RNC Minerals
Geophysical Survey Systems Inc. (GSSI), headquartered in New Hampshire, has hired Adam Mercer as application specialist responsible for British Columbia, Alberta and Saskatchewan. He holds a MSc in geophysics, and comes to GSSI from a major global drilling company. Jan…
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GOLD: Toronto miner’s gold production spikes 199%
AUSTRALIA – RNC Minerals announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018. According to the company, such production represents a 199% increase when compared to the third quarter of 2017 and…
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GOLD: New find at Beta Hunt yields 9,000 oz. for RNC
AUSTRALIA – Toronto-based RNC Minerals recently made a new high grade gold discovery at its Beta Hunt gold-nickel mine 600 km from Perth. Last week the company recovered 9,250 oz. of gold from a 130 tonnes of ore from the…
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NICKEL-COBALT: New roasting method ups nickel payability by 25% for RNC
QUEBEC – RNC Minerals of Toronto says its innovative roasting approach has used value-in-use market analysis to determine that nickel payability for Dumont nickel concentrates will be 94%. Compare that to 70% to 75% for conventional smelting and refining. The…
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NICKEL-COBALT: RNC sharpens focus on Dumont project
QUEBEC – Toronto-based RNC Minerals plans to focus on its Dumont nickel-cobalt project near Amos. Dumont, says the company, is the world’s second largest undeveloped nickel resource in the world. And it is shovel ready. The strong nickel price and…
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NICKEL-COBALT: Cobalt 27 picks up royalty on RNC’s Dumont project
QUEBEC – Cobalt 27 Capital Corp. has agreed to acquire an existing 1.75% net smelter return royalty on the Dumont nickel-cobalt project belonging to RNC Minerals. The mine is construction ready near the town of Amos. This is the first…
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GOLD-COPPER: RNC likes high grades from Qiqavik property
QUEBEC – RNC Minerals reports that the assays from the Qiqavik project show the association of high grade gold and copper mineralization in the Esperance West zone. The operator of the project is RNC’s 55% owned subsidiary, Orford Mining Corp.…
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NICKEL: RNC Minerals, Abitibiwinni sign IBA for Dumont project
QUEBEC – RNC Minerals of Toronto and the Abitibiwinni First Nation (AFN) have signed an impact and benefits agreement for the Dumont nickel project near the town of Amos. The IBA provides the framework for the relationship between the AFN…
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NICKEL: RNC Minerals, Waterton form JV for Dumont mine project
QUEBEC – Toronto-based RNC Minerals is forming a 50:50 joint venture with Waterton Metals Fund II Cayman and Waterton Mining Parallel Fund Onshore Master (Waterton) for the development and operation of RNC’s Dumont nickel project 25 km west of Amos,…
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COPPER-GOLD-NICKEL: RNC to spin-out Qiqavik and West Raglan projects
QUEBEC – Toronto’s RNC Minerals says its 68%-owned subsidiary True North Nickel, holder of the Qiqavik copper-gold and West Raglan nickel-copper properties in the northern part of the province, has entered into a letter of intent with Focused Capital Corp.…
