-
COBALT: First Cobalt upgrades Iron Creek resource
IDAHO – First Cobalt has released an updated resource for its 7-sq.-km Iron Creek project with 2.2 million tonnes at 0.32% cobalt-equivalent in the indicated category and 2.7 million tonnes at 0.28% cobalt-equivalent in the inferred category. Contained cobalt stands…
-
GOLD: Torex upgrades Media Luna resource
MEXICO – Torex Gold has released an updated resource for its Media Luna deposit at the Morelos project with 12.6 million tonnes at 5.55 g/t gold-equivalent in the indicated category for a total of 2.24 million oz. and 33.5 million…
-
GOLD: Rubicon grows Phoenix resource
RED LAKE – Rubicon Minerals has released updated resources for its Phoenix gold project with 811,000 oz. of gold in the measured and indicated category and 464,000 inferred oz. The update features 3.9 million measured and indicated tonnes at 6.45 g/t…
-
Sierra Metals increases resource at Bolivar mine
Sierra Metals has updated the resource for its Bolivar underground mine in Chihuahua state, Mexico based on 13,698 metres of infill drilling and 41,553 metres of exploration drilling between November 2017 and September 2019. Bolivar’s indicated resources now stand at 11.63…
-
Finding the metals that will power the future
The rise of EVs could fuel the development of these battery and base metals projects
-
GOLD: Marathon updates on Valentine study
NEWFOUNDLAND – Marathon Gold has provided an update on the progress of pre-feasibility and resource estimation work for its Valentine project. On the pre-feasibility front, trade-off studies are now complete with current plans for a single stream of ore feeding…
-
GOLD: Iamgold grows interest in Nelligan project
QUEBEC – Canada’s Iamgold increased its undivided interest in the Nelligan joint venture project by a further 24% to now hold an aggregate undivided interest of 75% in the property. To do so, the miner completed a mineral resource estimate and delivered…
-
GOLD: Victoria expands Raven target at Eagle
YUKON – Victoria Gold has released the results of trenching completed at its Eagle gold project in the Yukon; highlights from the Raven target include 7.91 g/t gold over 12 metres and 1.12 g/t gold over 60 metres. The surface footprint…
-
GOLD: Moneta updates South West deposit resources at Golden Highway
ONTARIO – Toronto-based Moneta Porcupine Mines has updated the mineral resource for the South West gold deposit at its Golden Highway project 110 km east of Timmins. The results of recent drilling show increased numbers in all categories. Here are…
-
COAL: Colonial’s Huguenot PEA strictly open pit
BRITISH COLUMBIA – Vancouver’s Colonial Coal International has released the results of the preliminary economic assessment for the Huguenot open pit coking coal mine. The property is located about 140 km by road from the Quintette loadout in the Peace…
-
GOLD: BHP increases stake in SolGold
ECUADOR – BHP Billiton is spending US$22 million to boost its stake in Australian junior SolGold to 14.7% from 11.1%, making it one of the two largest shareholders in the Ecuador-focused company. Newcrest Mining owns about 14.8%. BHP is acquiring 77 million shares…
-
Troilus Gold boosts resource in Quebec
Single-asset company Troilus Gold (TSX: TLG; US-OTC: CHXMF) has updated the resource estimate for its wholly owned Troilus gold project, 170 km north of Chibougamau, Quebec. Indicated resources for the project stand at 159.1 million tonnes grading 0.78 gram gold per tonne,…
