Unigold rises on drill results
Shares of Unigold jumped 14.3% to 28¢ on news of one of the best ever drill results from the Candelones Extension, part of its Neita concession in the Dominican Republic.
Canadian Mining Journal Staff
Posts by Canadian Mining Journal Staff:
GOLD: Bralorne inks gold concentrate contract
BRITISH COLUMBIA – Bralorne Gold Mines of Vancouver has signed an offtake agreement for gold concentrate from its Bralorne gold mine 50 km north of Pemberton. Metallic Commodities Corp. has agreed to buy the concentrate from the mine.
URANIUM: Kivalliq notes results from Lac 50 trend at Angilak
NUNAVUT – Vancouver-based Kivalliq Energy Corp. has received final drill results from the Lac 50 trend at its 100% owned Angilak property, including high grade assays from the J4 zone that was discovered on July 1, 2012. The J4 zone lies...
GOLD: Santoy Gap mineralization extended, new zone discovered
SASKATCHEWAN – Claude Resources of Saskatoon says that the 2012 drill program at Santoy Gap extended the mineralized system down dip to 650 metres and along strike to the south toward the Santoy 8 gold mine. The Santoy Gap is part of the...
COPPER: Xstrata’s Antapaccay ships first copper concentrate
PERU - Xstrata Copper’s Antapaccay copper mine in southern Peru began production of commercial grade copper in concentrates at the beginning of November and has delivered its first shipment to Matarani Port. Commissioning continues as the...
Cuervo jumps back into action in Peru
Iron ore explorer Cuervo Resources may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
GOLD: San Gold drills 15.5 g/t over 11.1 metres
MANITOBA – Approximately 235 km northeast of Winnipeg, the Rice Lake gold project belonging to San Gold Corp. of Bissett, MB, keeps returning long and strong drilling intercepts. Hole 607-12-048 in the 710 lens intersected several good...
GOLD: Agnico-Eagle takes over as operator at Homestake Ridge
BRITISH COLUMBIA – The second phase of exploration at the Homestake Ridge gold property 32 km southeast of Stewart has been completed by 100% owner Homestake Resource Corp. of Vancouver. Having funded the second phase of work,...
GOLD: Beauce placer gold property receives 20-year mining lease
QUEBEC – Uragold Bay Resources of Montreal applied for a large scale bulk sampling permit for its Rang Chaussegros claims at the Beauce placer gold property in Saint-Simon-les-Mines, but the Quebec Ministere de Ressources Naturaelles et...
CHARITABLE GIVING: Canadian Miners t-shirts raise money for Toronto’s Sick Kids
TIMMINS, Ontario – Contract miner Paul Ross is giving back the best way he knows how. He has pledged to raise $25,000 for Toronto's Sick Children's Hospital, where his year-old daughter was treated 22 years ago, by selling Canadian...
WELDING: Mansour Mining ads robotic arm to its team
SUDBURY, Ontario - Mansour Mining Technologies Inc. (MMTI) has invested in a custom built, state-of-the-art robotic welding arm. This technology is one of the latest innovations at MMTI, making it the first choice for ground support products...
Rebel group consolidates position in DRC
Rebel fighters from the M23 group in the Democratic Republic of Congo have pushed past Goma, the capital of North Kivu province, to the town of Sake, 20 km to the west, and claim they plan to march to Kinshasa, the country’s capital.
Quebec battery foil plant gets green light with government backing
Volta Energy Solutions Canada (VESC) announced on December 15 that the Korean Ministry of Economy and Finance has selected it as a […]