Canadian Mining Journal


News


  • News

    GOLD: Orefinders shares McGarry geology interpretations, 3D models and exploration plans

    October 18, 2018 by Canadian Mining Journal

    ONTARIO – Toronto-based Orefinders Resources is sharing its exploration plans, 3D models and geologic interpretations for the McGarry gold project at Virginiatown. The former producer lies between the old Kerr-Addition and Cheminis gold mines. The McGarry mine was active as

  • COPPER-ZINC: Kutcho drills 42.2 metres of 3.3% CuEq at project of same name

    October 18, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Kutcho Copper Corp. of Vancouver has additional drill results from the Main deposit at the Kutcho high grade copper-zinc project. The project, located 100 km east of Dease Lake, was purchased from Capstone Mining in December 2017

  • News

    MINING PEOPLE: Jaxon Mining, Orla Mining and Prize Mining

    October 18, 2018 by Canadian Mining Journal

    Vancouver-based Jaxon Mining has named John King Burns as CEO. He previously served as the lead director and chairman of the company’s board. He will retain his role as chairman. Former president and CEO Jason Cubitt has resigned. Effective Nov.

  • News

    DRILL: Caterpillar’s small rotary blasthole drill is big on performance

    October 18, 2018 by Canadian Mining Journal

    PEORIA, Ill. – The new Cat MD6200 rotary blasthole drill is designed as a production drill with the flexibility to do pre-split drilling – all in a package that is Caterpillar’s most transportable rotary drill yet. The versatile MD6200 is

  • Northern Vertex strikes three financial deals, raises US$13.6M for Moss

    October 18, 2018 by Canadian Mining Journal

    Vancouver-based Northern Vertex Mining (TSXV: NEE) (US-OTC: NHVCF) has amended the terms of a loan and lined up two new sources of financing totaling US$13.6 million to improve cash flow at its newly producing Moss gold-silver mine in northwest Arizona. Vertex achieved

  • News

    GOLD: Treasury Metals updates Goliath resources

    October 17, 2018 by Canadian Mining Journal

    ONTARIO – Treasury Metals  of Toronto has updated the mineral resources at its Goliath gold project 20 km east of Dryden. P&E Mining Consultants prepared the estimate, the first update since 2015. The Goliath project has resources that are both

  • GOLD-SILVER: Westhaven digs up 50+ g/t Au at Shovelnose

    October 17, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based Westhaven Ventures is testing the Shovelnose gold property 30 km south of Merritt. For high grade results, consider hole SN18-14 that returned 17.8 metres of 24.50 g/t gold and 107.92 g/t silver, including an intersection of

  • News

    GOLD: Tanzania charges Acacia workers with corruption

    October 17, 2018 by Canadian Mining Journal

    TANZANIA – Beleaguered Acacia Mining is back in the crosshairs of the Tanzanian government. Taxation issues between the company and the country have been a source of friction for a year and a half.  Then a year ago, the government

  • News

    EQUIPMENT: Wajax acquires Groupe Delom

    October 17, 2018 by Canadian Mining Journal

    TORONTO – Wajax Corporation has acquired all of the issued and outstanding shares of Montreal-based Groupe Delom. Pursuant to the terms of the share purchase agreement entered into between Wajax, Delom and Delom’s direct and indirect shareholders, the aggregate purchase

  • Nevada Copper suggests open pit at Pumpkin Hollow

    October 17, 2018 by Canadian Mining Journal

    Nevada Copper (TSX: NCU; US-OTC: NEVDF) has tabled a new preliminary economic assessment (PEA) suggesting an open pit mine at its Pumpkin Hollow copper project in Nevada, where the company is already part-way through constructing an underground mine. The PEA consists

  • News

    GOLD: Bonterra seeks $20M private placement, share consolidation

    October 16, 2018 by Canadian Mining Journal

    VANCOUVER – Bonterra Resources has engaged Sprott Capital Partners to act as lead agent for a private placement expected to gross slightly more than $20 million. Before the offering closes, Bonterra will consolidate its outstanding shares at a 10-to-1 ratio.

  • LITHIUM: Frontier reports high grade PAK drill results

    October 16, 2018 by Canadian Mining Journal

    ONTARIO – Frontier Lithium of Sudbury, Ont., has the assays from the phase four drill program completed in July 2018 at the PAK lithium deposit 175 km north of Red Lake. Mineralization remains open at depth and along strike (northwest