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GOLD: Canada Cobalt makes new find east of Castle mine
ONTARIO – Canada Cobalt Works of Coquitlam, B.C., says that two widely spaced drill holes have intersected an apparent syenite hosted gold system east of the historic Castle cobalt-silver mine 75 km from Kirkland Lake, near Gowanda. The drill program…
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GOLD: Eleanore South JV continues to yield strong grades
QUEBEC – Assays from the Eleanore South joint venture continue to include high grade gold intersections. The JV consists of the operator and 26.6% owner Azimut Exploration, Eastmain Resources (36.7%) and Goldcorp (36.7%). The property is adjacent to Goldcorp’s Eleonore…
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GOLD: Avino hits 29.5 g/t in 27 vein extension at Bralorne mine
BRITISH COLUMBIA – Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed…
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GOLD: Wesdome upgrades Kiena resources, extends Deep A zone along plunge
QUEBEC – Wesdome Gold Mines of Toronto has circulated an interim mineral resource for its 100% owned Kiena mine complex in Val d’Or. The estimate is based on drilling completed to Oct. 12, 2018. Since then, the Deep A zone…
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GOLD: Kirkland Lake drills high grade extensions at Fosterville
AUSTRALIA – Kirkland Lake Gold has drilled high grade and visible gold mineralization on the down plunge extensions of the Swan zone at its Fosterville gold mine in Victoria state. The company says results from 47 new drill holes totaling more…
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GOLD-COPPER: Seabridge extends high grade Iron Cap core to the northwest at KSM
BRITISH COLUMBIA – Toronto-based Seabridge Gold continues to drill at its KSM gold project 65 km northwest of Stewart with excellent results. The company said that recent work extended the high grade Iron Cap zone down plunge to the northwest,…
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GOLD: Getchell drills Hot Springs Peak, shares geological results
NEVADA – Getchell Gold Corp. of Burlington, Ont., is sharing what it knows about its Hot Springs Peak gold project in Humboldt County while it waits for assays. The property is located on a structural intersection similar to the historic…
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GOLD: Toronto miner Amarillo allowed to stay in Brazil
BRAZIL – Management at Amarillo Gold Corp. is relieved after the company received approval from the Brazilian Mining National Agency for a three-year extension of its mining concessions for the Posse gold deposit, also known as the Mara Rosa gold…
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SILVER-COPPER-ZINC: Casa discovers new zone at Pitman in BC
BRITISH COLUMBIA – Casa Minerals has discovered a new zone at its Pitman gold project near Terrace, 1 km south of the Golden Dragon gold discovery it made earlier this year. Prospecting, rock and soil geochemical sampling graded as high as…
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URANIUM: West McArthur JV sets aside $2.4M for 2019 drilling, geophysics
SASKATCHEWAN – Vancouver’s CanAlaska Uranium and Saskatoon’s Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner. Next year’s work will focus on extending…
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Carube expands gold anomaly at Main Ridge in Jamaica
Carube Copper (TSXV: CUC) has expanded the gold-in-soil anomaly at its Main Ridge gold project in Jamaica east to a 5.5 km total strike length. Though Carube has several copper and gold projects in Jamaica, the company says Main Ridge is…
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REPORT: Junior capitalization up 6% in year ended June 30
TORONTO – PwC Canada has taken its annual look at market capitalization for 100 junior miners and found a 6% increase to $12.9 billion for the 12-month period ending June 30, 2018, compared to a year earlier. Looking at 987…
