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Magna tables PFS with ‘base-case’ plan for San Francisco gold mine
Magna Gold has released the results of a preliminary feasibility study (PFS) for its San Francisco mine, acquired earlier this year, in Mexico’s Sonora state. The study suggests a 16,875 t/d heap-leach operation, using existing processing capacity, generating an average…
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KORE study outlines low-cost heap leach development at Long Valley
KORE Mining has released the results of a preliminary economic assessment (PEA) for its wholly owned Long Valley gold deposit in California’s Mono County, which suggests low costs, both in terms of the up-front capital required, as well as during…
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Premier provides Getchell resource update ahead of project acquisition
Premier Gold Mines has released an updated resource for the Getchell gold project in Nevada – last month, the company announced a definitive purchase agreement for the asset with Waterton Global Resource Management. Measured and indicated resources at Getchell consist…
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Unigold upgrades resource, launches $5M exploration program at Candelones
Unigold (TSXV: UGD) has announced an updated mineral resource estimate for the Candelones oxide project on the company’s flagship Neita concession, a 226-sq.-km land package located in the province of Djabon in the Dominican Republic, 220 km northwest of the capital…
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Artemis tables updated Blackwater PFS with staged development approach
Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold, Artemis Gold has released the results of a revised prefeasibility study on the asset. The latest study suggests a 23-year open pit…
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Trevali weighs Rosh Pinah expansion with strong prefeasibility returns
The results of Trevali Mining’s prefeasibility study on an expansion of the Rosh Pinah zinc-lead-silver underground mine in Namibia, to 1.3 million tonnes per year from 700,000 tonnes per year, suggest potential for increased production at lower operating costs starting…
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SILVER: Silver One updates Candelaria heap leach resource
NEVADA – Silver One has released an updated resource estimate for the heap leach pads at the Candelaria project in Nevada, 209 km southeast of Reno. Indicated resources stand at 22.2 million tonnes, grading 42.1 g/t silver (based on fire…
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LITHIUM: Cypress reports resource boost at Nevada project
NEVADA – On Tuesday, Cypress Development released an updated mineral resource estimate for its Clayton Valley lithium project in Nevada, showing an approximate 55% increase in total resources over the estimates found in the May 2020 prefeasibility study (PFS). Measured resources…
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SILVER: Pan American grows La Colorada skarn resource
MEXICO – Silver producer Pan American Silver has updated the resource estimate for the La Colorada skarn deposit near its wholly owned La Colorada underground mine in Zacatecas state. Inferred resources now stand at 100.4 million tonnes, grading 44 g/t…
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GOLD-COPPER: Troilus increases resource base ahead of Q3 PEA
QUEBEC – An updated resource estimate for Troilus Gold’s wholly owned gold-copper-silver project features 177.3 million indicated tonnes grading 0.75 g/t gold, 0.08% copper and 1.17 g/t silver, as well as 116.7 million inferred tonnes at 0.73 g/t gold, 0.07%…
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GOLD: Nighthawk upgrades Colomac resource, plans to drill 25,000 metres this year
NORTHWEST TERRITORIES – Nighthawk Gold has released an updated resource estimate for the Colomac gold deposits as well as a maiden underground resource for the Damoti deposit at its wholly owned Indin Lake gold property. At Colomac, total indicated resources…
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GOLD: Skeena tables maiden resource for Snip project in BC
BRITISH COLUMBIA – Skeena Resources has released a maiden underground resource for its wholly owned Snip gold project, within the province’s prospective Golden Triangle. The resource is made up of the Main-V, Main-S and Twin West zones, and includes 539,000…
