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GOLD: Better economics for Iamgold’s Cote project
ONTARIO – Iamgold of Toronto has completed the feasibility study for its Cote gold project 20 km southwest of Gogama (halfway between Timmins and Sudbury), and the company reports “significantly improved” project economics when compared to the pre-feasibility study of…
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URANIUM: NexGen boosts NPV for Rook I to $3.7B
SASKATCHEWAN – Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen’s Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a…
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GOLD: Troilus Gold intersects gold and copper below current resource at past-producer in Quebec
From 1996 until 2010, Zone 87 at the Troilus mine in Quebec was responsible for the majority of the 2 million ounces of gold and 70,000 tonnes of copper that was produced at the open-pit mining operation. The Z87 pit…
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GOLD: Klondike Gold Lone Star Zone Assays 1.32 g/t Au over 47.0 m and 1.11 g/t Au over 36.25 m
VANCOUVER – Klondike Gold Corp. is pleased to report assays from a further twelve drill holes at the Lone Star Zone at the Company’s wholly owned Klondike District Property, Yukon Territory. A total of 87 holes (9,511.93 meters) were drilled in…
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GOLD: Treasury Metals updates Goliath resources
ONTARIO – Treasury Metals of Toronto has updated the mineral resources at its Goliath gold project 20 km east of Dryden. P&E Mining Consultants prepared the estimate, the first update since 2015. The Goliath project has resources that are both…
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GOLD-SILVER: Westhaven digs up 50+ g/t Au at Shovelnose
BRITISH COLUMBIA – Vancouver-based Westhaven Ventures is testing the Shovelnose gold property 30 km south of Merritt. For high grade results, consider hole SN18-14 that returned 17.8 metres of 24.50 g/t gold and 107.92 g/t silver, including an intersection of…
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First Cobalt tables initial resource at Iron Creek in Idaho
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has tabled its first resource estimate for its 100%-owned Iron Creek cobalt project in Idaho. The project contains 29.6 million tonnes grading 0.08% cobalt and 0.3% copper or 0.11% cobalt equivalent for 45 million lb.…
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LITHIUM: Rock Tech presents PEA for Georgia Lake property
ONTARIO – Vancouver-based Rock Tech Lithium has tabled the preliminary economic assessment for its 100%-owned Georgia Lake lithium property in the Thunder Bay mining district. The PEA covers only a portion of the George Lake project, namely the Nama Creek…
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COPPER: Copper Mountain updates resources, mine life
BRITISH COLUMBIA – Vancouver-based Copper Mountain Mining has updated both the resources and planned mine life for its copper mine of the same name near Princeton. Using a 0.16% copper cut-off, the measured and indicated resource is 343.9 million tonnes…
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COPPER-GOLD: Copper Mountain shares robust PEA for New Ingerbelle
BRITISH COLUMBIA – Copper Mountain Mining of Vancouver has finished a base case preliminary economic assessment of the 75% owned New Ingerbelle copper-gold property. (Mitsubishi has a 25% interest.) The New Ingerbelle property is only 1,000 metres from the Copper…
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IRON ORE: Alderon updates FS for $1.7B Kami project
LABRADOR – Montreal-based Alderon Iron Ore Corp. updated the feasibility study for the Kami project (75% owned) 10 km from Wabush. The company says the project will produce a premium quality concentrate grading 65.2% iron and with low impurities. The…
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SILVER: Alexco nearly doubles indicated resource at Bermingham deposit
YUKON – Vancouver-based Alexco Resource Corp. has updated and expanded the indicated resource estimate for its Bermingham silver deposit in the Keno Hill silver district. The indicated resource is now 1.7 million tonnes grading 628 g/t silver and containing 33.3…
