News
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GOLD: Great Bear restates grades from Dixie project’s Hinge zone
ONTARIO – Great Bear Resources of Vancouver revised the results from a high grade Hinge zone at the Dixie gold project 24 km southwest of Red Lake. Last month, the company reported that hole DHZ-004 returned 44.47 g/t gold over…
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SILVER: Alexco nearly doubles indicated resource at Bermingham deposit
YUKON – Vancouver-based Alexco Resource Corp. has updated and expanded the indicated resource estimate for its Bermingham silver deposit in the Keno Hill silver district. The indicated resource is now 1.7 million tonnes grading 628 g/t silver and containing 33.3…
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GOLD: Wallbridge drills 122.35 and 41.02 g/t in new Habanero zone at Fenelon
QUEBEC – Toronto’s Wallbridge Mining Co. is drilling very high grades in the newly discovered Habanero zone at its Fenelon gold property. Even better, 41 of the 63 holes drilled to date exhibited visible gold. Here are the highlights: Hole…
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Autonomous Sandvik LHD has delicate touch in glass labyrinth
Most people are told from a young age that if they live in glass houses, they shouldn’t throw stones. Now comes the news that if you want your LHD to navigate a glass labyrinth, choose an autonomous solution from Sandvik…
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Osisko confirms deep high grade zone at Windfall
Osisko Mining (TSX: OSK) has confirmed that a deep discovery it made at its Windfall Lake gold deposit in Quebec over the summer is the real deal, after producing more high grade intercepts from the new zone it’s calling Triple 8.…
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NICKEL: Glencore awards Onaping Depth winze to Cementation
SUDBURY, Ont. – Cementation Canada has won the design and construction contract for a new internal shaft for the Onaping Depth nickel project by Glencore. The winze will be sunk from the Craig mine where production was suspended in 2009.…
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GOLD: Bonterra hits new high grade zone at Gladiator
QUEBEC – Vancouver-based Bonterra Resources has discovered a new near surface, high grade gold zone north of its Gladiator gold project. The zone returned 27.4 g/t gold over a length of 7.0 metres. The mineralization is located 200 metres north…
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GOLD-COPPER: Maritime to toll Hammerdown ore at Rambler’s Nugget Pond mill
NEWFOUNDLAND – Maritime Resources of Vancouver and British miner Rambler Metals and Mining have signed a non-binding letter of intent to have ore from the past-producing Hammerdown gold mine tolled at Rambler’s Nugget Pond mill. The two companies have had…
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GOLD: Kirkland Lake boosts Osisko Mining stake
TORONTO – Kirkland Lake Gold announced this week that it had acquired approximately 14.7 million common shares of Osisko Mining for a price of $1.70 per share or $25 million. Kirkland Lake now holds about 32.6 million Osisko Mining shares…
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GOLD: Lundin cuts AISC estimate to $583 per oz at Fruta
ECUADOR – Vancouver-based Lundin Gold has updated all aspects of the Fruta del Norte gold project in the Cordillera del Condor region. One of the best aspects of the review is that the all-in sustaining cost has been trimmed to…
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World needs graphite, Ontario projects need cash
There is roughly 20 times more graphite than there is lithium in a lithium-ion battery — a misnomer if ever there was one. Graphite is the anode material in lithium-ion batteries, the same ones that power our smart phones, laptops,…
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DIAMONDS: Gahcho Kue gives up another kimberlite
NORTHWEST TERRITORIES – Exploration at the Gahcho Kue diamond mine has discovered another kimberlite near the mine. The project is a joint venture of Mountain Province Diamonds (49%) and De Beers Canada (51% and operator). The current exploration program has…
