-
Spanish Mountain PFS looks to 2.1M oz gold in reserves
Spanish Mountain Gold (TSX: SPA) has released a prefeasibility study and updated resource estimate for its eponymous project east of Williams Lake in central British Columbia. Reserve numbers are also included for the higher grade portion of the orebody near…
-
UniGold completes PEA on Candelones oxide project
UniGold (TSXV: UGD; US-OTC: UGDIF) has released the results of a preliminary economic assessment of a stand-alone oxide gold project, which it says will provide cash flow as the company continues to expand and evaluate the larger sulphide resource that…
-
Osisko PEA outlines ‘highly profitable’ gold mine at Windfall in Quebec
A preliminary economic assessment (PEA) on Osisko Mining’s (TSX: OSK) Windfall project in Quebec’s James Bay region outlines a 3,100 t/d two-ramp underground mine with a process facility that would produce an average of 238,000 gold oz. a year over…
-
Mason PEA suggests project could double Hudbay’s copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX, NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper mine in the U.S., more than doubling the miner’s copper production.…
-
Record 2020 revenues, operating cash flow from Gran Colombia
Colombia-focused miner Gran Colombia Gold (TSX: GCM) has released its fourth-quarter and full-year 2020 financial results, its last reporting period with the Marmato mine, which was sold to Aris Gold (TSX: ARIS) in February. (Gran Colombia owns a 44% stake…
-
Feasibility from Marathon Gold outlines $305M open pit at Valentine
With the release of feasibility study results on a two-pit milling operation at its Valentine project in central Newfoundland and Labrador, Marathon Gold (TSX: MOZ) sees potential to pour first gold by October 2023. The latest study presents a development…
-
Falco updates feasibility on low-cost Horne 5 gold project in Quebec
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the Rouyn-Noranda area of Quebec. The study outlines a 15-year underground…
-
Labrador Iron releases PEA on construction-ready Houston in eastern Canada
A preliminary economic assessment from Labrador Iron Mines Holdings (OTC: LBRMF) on its 52%-held Houston project on the Labrador-Quebec border suggests a 12-year open pit producing 2 million tonnes per year of material grading 62% iron. With a year-round mining…
-
Generation Mining feasibility defines 13-year open pit mine
A feasibility study from Generation Mining (TSX: GENM) on its 80%-held Marathon palladium-copper project in northwestern Ontario suggests a 25,200 t/d open pit operation producing a copper-PGM (platinum group metal) concentrate for sale to an off-site smelter. In its first…
-
Bluestone’s Cerro Blanco produce over 300,000 gold oz. a year at its peak
Recent results of a preliminary economic assessment for Bluestone Resources’ (TSXV: BSR) Cerro Blanco project in Guatemala show a doubling of the gold resource ounces and production profile, which effectively triples the NPV (net present value estimate) of the project,…
-
Sabina updates feasibility on 15-year ‘world-class’ project in Nunavut
Sabina Gold & Silver (TSX: SBB) has released an updated feasibility study on a combined open pit and underground development at the Goose property within its Back River gold project in Nunavut, 520 km northeast of Yellowknife. The engineering study…
-
Dundee Precious Metals releases PFS on US$211M open pit mine at Timok
Toronto-based gold and copper producer Dundee Precious Metals (TSX: DPM) has announced the results of a prefeasibility study on its Timok gold project in Serbia, as well as the decision to go ahead with a feasibility study. The latest engineering…
