-
GOLD: Balmoral posts initial gold resource for Martiniere
Balmoral Resources has outlined a first resource for its Martiniere gold project in Quebec of 431,000 oz. of gold. The open pit, indicated resource is contained in 6.8 million tonnes grading 1.96 g/t gold, using a cutoff grade of 0.5…
-
GOLD: Eldorado expects Lamaque AISC to be $717/oz
QUEBEC – Eldorado Gold Corp. of Vancouver has completed a pre-feasibility study for development of the Triangle deposit and refurbishing the Sigma mill at its Lamaque gold project in Val d’Or. As envisioned the underground producer would have an peak…
-
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…
-
COPPER-GOLD: Turquoise Hill reaches shaft sinking milestone
MONGOLIA – Vancouver-based Turquoise Hill Resources says it has reached a significant development milestone at its Oyu Tolgoi underground copper-gold mine in the South Gobi region – The No.5 ventilation shaft has been sunk to its final depth of 1,178…
-
GOLD: Construction on track at McEwen’s Gold Bar
NEVADA – Construction is on track at the Gold Bar project 50 km northwest of Eureka, says owner McEwen Mining of Toronto. Commercial production is anticipated in 2019. So far this year, construction has focused on finishing civil works for…
-
Antioquia Gold seeks cash for Cisneros
Antioquia Gold (TSXV: AGD; US-OTC: AGDFX) recently published a positive National Instrument 43-101 compliant preliminary economic assessment (PEA) and a revised resource estimate for its high-grade Cisneros gold project in Colombia. Now the company is hunting for the cash to reach…
-
Lupaka nears production at Invicta
Lupaka Gold (TSXV: LPK) has tabled a positive preliminary economic assessment of its fully funded, 316 sq. km Invicta underground gold-copper project in Peru, 120 km north of Lima. It aims to begin production by the end of 2018 with low…
-
GOLD-COPPER: Seabridge prepares for year-round camp at KSM
BRITISH COLUMBIA – Vancouver-based Seabridge Gold is preparing the KSM gold-copper project site for the installation of a permanent year-round camp. Exploration is a priority, but the camp will support larger work programs needed to advance project development. Small scale…
-
Braveheart aims to restart Alpine gold mine in BC
Braveheart Resources Inc. (TSXV: BHT) is pursuing an ambitious three year exploration and development plan for its 100% owned Alpine Mine gold project, 20 km northeast of Nelson in southeastern British Columbia. The company intends to carry out bulk sampling and…
-
GOLD: Rubicon takes another look at the F2 deposit geology
ONTARIO – Toronto-based Rubicon Minerals Corp. has updated its interpretation of the structural geology of the F2 deposit at its Phoenix gold project near Red Lake. The F2 deposit was mined for only a few months in 2015, when it…
-
GOLD: Osisko acquires royalty on Eagle project from Victoria Gold
YUKON – Montreal’s Osisko Gold Royalties has acquired a 5% net smelter return on the Dublin Gulch property belonging to Victoria Gold Corp. of Toronto. Dublin Gulch is part of Victoria’s Eagle gold project about 85 km by road north…
-
CONFERENCE: PDAC delegates totaled more than 25,000
TORONTO – Attendance at the Prospectors & Developers Association of Canada’s (PDAC) 2018 Convention totaled 25,606, what the association says is a clear sign that the mineral exploration and mining industry has regained its swagger and is building…
