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Copper: Desert Star eyes BC copper through Capstone deal
Desert Star Resources believes it can offer investors unique exposure to copper production via near-term development of the Kutcho volcanogenic massive sulfide project, 100 km due east of Dease Lake, British Columbia. On June 15, the company outlined a deal with Capstone…
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Cobalt: First Cobalt proposes mergers with Cobalt One and CobalTech
Trent Mell of First Cobalt is making good on his promise to build a diversified portfolio of cobalt assets to capitalize on growing demand for the metal in battery production for the electric vehicle market. The president and CEO has signed letters of…
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Gold: Radisson cuts 19.6 metres of 4.5 g/t at O’Brien
Quebec — Radisson Mining Resources has released the latest drill results from its 20,000-metre drill program at its O’Brien gold project in Quebec, including highlights such as 19.6 metres grading 4.5 g/t gold. Drilling results continue to demonstrate lateral and…
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GOLD: Harte cuts bonanza grades – 115.49 g/t – at Sugar zone
ONTARIO – Toronto’s Harte Gold Corp. has begun development at the Sugar Zone property 60 km east of the Hemlo gold camp near White River. And the company continues its 75,000-metre, six-rig drill program and other exploration at the site.…
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GOLD: Red Pine drills extension of Minto mine structure
ONTARIO – As Toronto-based Red Pine Exploration continues drilling at its Wawa gold project, the company has reason to believe it has intersected an extension of the former Minto mine structure 1 km to the south, in the vicinity of…
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GOLD: White Gold completes property acquisition, closes financing
YUKON – White Gold Corp. of Toronto has completed the acquisition of certain gold exploration properties from Kinross Gold. These include the White Gold, Black Fox, JP Ross, Yellow and Battle gold properties approximately 95 km south of Dawson City.…
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ZINC-COPPER: Galway cuts 4.7% Cu, 4.0% Zn at Estrades property
QUEBEC – Toronto-based Galway Metals has released assays from five more drill holes at its Estrades polymetallic property located 95 km north of La Sarre. The most recent results include these highlights: Hole GWM-17E-06: 4.0% zinc, 4.7% copper and…
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Kennady eager to build on proven potential
KELVIN CAMP, NORTHWEST TERRITORIES — Kennady Diamonds (TSXV: KDI) has already tripled early targets at Kennady North, Canada’s most advanced diamond exploration project – and there’s an eagerness to get going and find more, says president and CEO Rory Moore. The results…
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GOLD: Ascot cuts 1,135 g/t over 0.50 metre at Premier
BRITISH COLUMBIA – Vancouver-based Ascot Resources can’t help hitting bonanza grades at its Premier gold project near Stewart. The latest huge assay is 1,135.00 g/t gold over 0.50 metre – a grade more common in silver mines. That result came…
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Manitoba diamond discovery stirs interest
Following up on an initial diamond discovery in Manitoba from 2008, a group of prospectors working with the Manitoba Geological Survey (MGS) has found diamonds in the Knee Lake area of northeast Manitoba. The Lynx Consortium announced the find in…
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GOLD-COPPER: Barrick, Goldcorp set up Cerro Casale JV
CHILE – Toronto’s Barrick Gold and Vancouver’s Goldcorp have created a 50:50 joint venture that includes the Cerro Casale and Quebrada Seca gold-copper exploration projects in the Maricunga district. Kinross Gold of Toronto sold its 25% share in the properties…
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GOLD: Metanor drills more high grades at Barry project
QUEBEC – Metanor Resources of Val d’Or, Que., continues to cut high gold grades, including new zones, at its Barry project 100 km east of Lebel sur Quevillon in the Urban-Barry gold belt. The new gold-bearing zones are below and…
