Canadian Mining Journal

  • News

    GOLD: Wesdome extends Kiena Deep A zone

    February 19, 2020 by Canadian Mining Journal

    QUEBEC – Drilling at Wesdome’s Kiena gold complex has extended the high-grade Kiena Deep A zone downdip and confirmed the limits of existing mineralization. Drill highlights from stepout work, which extended the A zone by 100 metres downplunge to a

  • News

    PHOSPHATE: Canadian, Australian miners working to de-risk Bifox project

    February 19, 2020 by MINING.COM Staff

    CHILE – Canada’s Lara Exploration reported that Australia’s Bifox (previously Phillips River Mining), has completed agreements with the Chilean government to settle outstanding environmental infractions and fines and lift the embargo on mining and processing at the Bifox phosphate project,

  • GOLD: Troilus upsizes private placement to $12.8M

    February 13, 2020 by Canadian Mining Journal

    TORONTO – Troilus Gold has announced an upsized non-brokered private placement with gross proceeds expected at up to $12.8 million, up from $10 million previously. The placement features a common share offering component of up to 11.3 million common shares,

  • News

    GOLD: Contact hits oxide gold at Green Springs

    February 12, 2020 by Canadian Mining Journal

    NEVADA – Contact Gold has released the results of two holes completed last year at the past-producing Green Springs gold project, which lies within the Cortez trend, 25 km from Elko. The drill highlights include 38.1 metres of 3.53 g/t

  • GOLD: Agnico invests $13M in Rupert Resources

    February 11, 2020 by Canadian Mining Journal

    FINLAND – Agnico Eagle has announced a $13-million investment in explorer Rupert Resources, subscribing for 15.4 million units in a non-brokered private placement at $0.85 each. Rupert holds the 297-sq.-km Pahtavaara property in Finland, located 50 km from Agnico’s Kittila

  • News

    GOLD: Skeena hits more high grade at Eskay Creek

    February 11, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Infill results from Skeena Resources’ Eskay Creek property within the Golden Triangle in western Canada continue to return high grade intersections and confirm the mineral resource limits. Drill highlights include: 31.3 metres of 14.82 g/t gold-equivalent from

  • News

    BeMetals drills zinc-silver deposit in Idaho

    February 10, 2020 by Steve Stakiw

    Since B2Gold launched BeMetals two years ago as a base-metals-focused junior, the company has picked up a development-stage zinc-silver project in southwestern Idaho, called South Mountain. Originally floated in early 2018 on the early-stage Pangeni copper project in Zambia, BeMetals wanted to add

  • GOLD: Ascot raises $10M in private placement

    February 5, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Ascot Resources has announced a non-brokered private placement of up to 7.8 million common shares and 5.1 million flow-through shares for gross proceeds of $10 million. The net proceeds of the offering will be used to fund

  • GOLD-SILVER: GoGold upsizes bought deal to $25M

    February 5, 2020 by Magda Gardner

    MEXICO – GoGold Resources has announced an upsized bought deal of $25 million, up from $15 million previously, co-led by Sprott Capital Partners and PI Financial. The offering is for 35.7 million units, each composed of one common share and

  • News

    GOLD: Revival grows Beartrack-Arnett resource

    February 3, 2020 by Canadian Mining Journal

    IDAHO – Revival Gold has released an updated resource for the 51-sq.-km Beartrack-Arnett project with substantial growth in the inferred resource category. The latest estimate features updated numbers for the Beartrack portion as well as an initial estimate for Arnett.

  • News

    GOLD: Benchmark continues to expand Lawyers targets

    February 3, 2020 by Canadian Mining Journal

    BRITISH COLUMBIA – Results from the most recent exploration release from the Cliff Creek South zone at Benchmark Metals’ Lawyers project extended the total mineralized strike of the Cliff Creek area to over 1 km. Drill highlights include: 102 metres

  • News

    GOLD: Minaurum adds property to its Mexican portfolio

    February 3, 2020 by MINING.COM Staff

    MEXICO – Minaurum Gold announced that it has expanded its presence in the Alamos mining district in Sonora by acquiring control of the Aurífero gold project. In a press release, Minaurum said that the 12.3-sq.-km project lies 35 km northwest