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GOLD: Altamira to update resource at Cajueiro project
BRAZIL – Altamira Gold announced that it is working towards completing an updated resource estimate for its flagship Cajueiro gold project located in the northern part of Mato Grosso state in western Brazil. To move ahead, the Canadian miner hired…
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RNC expands Beta Hunt with resource update
Infill and exploration drilling in the Western Flanks Zone of the Beta Hunt gold mine in Western Australia has boosted measured and indicated resources five-fold and inferred resources three-fold, RNC Minerals (TSX:RNX) reports. The updated resource for the Western Flanks zone incorporated…
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GOLD: Maritime continues infill drilling at Hammerdown
NEWFOUNDLAND – Maritime Resources Corp. has been infill drilling at its Hammerdown gold deposit near the town of King’s Point. The assays from 18 of 19 diamond drill holes in the program have been received. Here are some of the…
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PROCESSING: Metso, Outotec merger creates industry leader
FINLAND – Metso Minerals of Helsinki and Outotec of Espoo have announced plans to combine their companies to create an industry leader in equipment and processing for the mineral processing industry. (Metso Flow Control will become an independent company under…
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GOLD: Spanish Mountain hires firm to update block model
BRITISH COLUMBIA – Vancouver-based Spanish Mountain Gold has hired Moose Mountain Technical Services to update the block model for its Spanish Mountain gold property 70 km northeast of Williams Lake. The update will include high grade drill results from 2018.…
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GOLD: Orvana completes study on Taguas in Argentina
ARGENTINA – A preliminary economic assessment (PEA) of Orvana Minerals’ Taguas gold project, 25 km north of Barrick Gold’s Veladero mine in Argentina, envisions a conventional open pit, heap leach operation, which would produce for a decade. Orvana announced in May it…
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SILVER: Alexco advances Keno Hill surface construction
YUKON – Vancouver-based Alexco Resource Corp. is advancing the site infrastructure projects ahead of the restart of underground mining at the Bermingham deposit, part of the historic Keno Hill silver property. Several projects will be completed this year. A multi-plate…
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PGM: New Age reports positive PEA for River Valley project
ONTARIO – New Age Metals of Vancouver has received the preliminary economic assessment for its 100% owned River Valley platinum group metals project 100 km from Sudbury. The study demonstrates positive economics for a large open pit that would produce…
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GOLD: Red Pine builds up Wawa project
ONTARIO – The land package containing Red Pine Exploration’s Wawa gold project hosts numerous historic mines that in their heyday produced more than 120,000 oz. of gold. The largest gold deposit Red Pine has identified so far on the property, 2…
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NexGen builds scale at Arrow
The entire footprint of NexGen Energy’s (TSX: NXE; NYSE-AM: NXE) proposed Arrow mine is smaller than a university campus, but could produce 21% of the world’s uranium once in production, the company says. The high grade uranium deposit in Canada’s Athabasca…
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URANIUM: Denison begins environmental process for Wheeler River
SASKATCHEWAN – Denison Mines of Toronto is ready to begin the rigorous environmental impact assessment of its 90% owned Wheeler River in situ uranium project in the Athabasca Basin. Both the Canadian Nuclear Safety Commission and the Saskatchewan Ministry of…
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GOLD: Bonterra shares resource estimates for Urban Barry camp
QUEBEC – Bonterra Resources, based in Val d’Or, has released a new resource estimate for its three projects – Gladiator, Barry and Moroy – in the Urban Barry camp about 200 km northeast of Val d’Or. For all the deposits,…
