Canadian Mining Journal


Gold


  • News

    Alamos extends Island Gold zones

    January 27, 2021 by Canadian Mining Journal Staff

    Producer Alamos Gold has released exploration results from its Island Gold mine in Ontario, which extend high-grade gold mineralization within the Island Main, East and West zones. Underground drilling at the Island Main zone, completed off of the 840-level exploration

  • News

    Azimut eyes Patwon gold zone expansion in Quebec

    January 27, 2021 by Canadian Mining Journal Staff

    Quebec-focused Azimut Exploration is starting off 2021 with a 15,000-metre drill program at its Elmer property, 285 km north of Matagami in Quebec’s James Bay region. The main goal of the 60-hole drill program is to extend the Patwon gold

  • News

    Fiore reports oxide gold intervals from Gold Rock in Nevada

    January 27, 2021 by Canadian Mining Journal Staff

    U.S.-focused miner Fiore Gold has released assay results for 29 drillholes completed at its Gold Rock project in Nevada. The majority of these intercepts are infill holes aimed at gaps in the current resource. The drill highlights include 18.3 metres

  • Wesdome to sell Moss Lake to Goldshore Resources for $57M

    January 26, 2021 by Canadian Mining Journal Staff

    Privately held Goldshore Resources has signed an asset purchase agreement with gold producer Wesdome Gold Mines to acquire the 143-sq.-km Moss Lake gold project, 100 km west of Thunder Bay, for total consideration estimated at $57 million. The B.C.-incorporated company

  • News

    Ascot reports high gold, silver grades from Woodbine at Premier

    January 26, 2021 by Canadian Mining Journal Staff

    Ascot Resources has released the results of nine exploration drill holes completed within the Woodbine prospect at its past-producing Premier gold project in B.C.’s Golden Triangle. According to the press release, the high-grade gold and silver intercepts from this area

  • JV Article: A global royalty and streaming creation company

    January 26, 2021 by Northern Miner staff

    Empress Royalty (TSXV: EMPR) has made an impressive start for a company in just six months. Since its creation in July 2020, the global precious metals royalty and streaming investment company has already built a portfolio of 14 precious metal royalties,

  • Argonaut raising $23M for Magino in flow-through bought deal

    January 25, 2021 by Canadian Mining Journal Staff

    Argonaut Gold has announced a $23-million bought-deal financing of flow-through shares. The gold miner has entered into an agreement with a syndicate led by Cormark, with the underwriters agreeing to purchase 8.2 milion common shares on a bought-deal basis –

  • News

    K2 drills near-surface oxide gold at Mojave – including 30 metres of 7.18 g/t

    January 25, 2021 by Canadian Mining Journal Staff

    The second batch of reverse-circulation exploration results from K2 Gold’s Mojave property in southern California includes near-surface gold intercepts from the Dragonfly zone. The most recent drill highlights include 30.5 metres of 7.18 g/t gold starting at surface. This same

  • News

    Northern Dynasty files appeal over Pebble permit rejection

    January 25, 2021 by MINING.COM Staff

    Northern Dynasty reported on Thursday its U.S. subsidiary Pebble Limited Partnership has filed an appeal with the US Army Corps of Engineers (USACE) over its decision to deny a key water permit for the Pebble copper-gold-molybdenum-silver-rhenium mine in Alaska. The

  • News

    Harte Gold OK’s Sugar Zone expansion to 1,200 t/d

    January 21, 2021 by Canadian Mining Journal Staff

    Ontario-focused Harte Gold has announced plans to go ahead with an expansion of its Sugar Zone mine to 1,200 t/d, from the current 800 t/d throughput, based on strong feasibility study economics. The latest study suggests that an incremental $21

  • Great Bear raising $37M for Red Lake gold exploration

    January 21, 2021 by Canadian Mining Journal Staff

    Great Bear Resources has entered into an agreement with Cormark and CIBC Capital Markets to act as co-lead underwriters and joint bookrunners for the purchase of 2 million flow-through common shares of the company on a bought-deal private placement basis

  • Eldorado to buy Quebec-focused QMX Gold for $132M

    January 21, 2021 by Cecilia Jamasmie

    Eldorado Gold (TSX: ELD; NYSE: EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million (US$105 million). The friendly acquisition will see Eldorado,