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Maritime closes purchase of Nugget Pond gold circuit
As Maritime Resources (TSXV: MAE) completes a feasibility study for the past-producing Hammerdown gold project in Newfoundland and Labrador, the company has closed the purchase of the Nugget Pond gold circuit from Rambler Metals and Mining (AIM: RMM). This mill…
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Wesdome confirms Kiena gold resource with bulk sample
Ahead of a prefeasibility study expected this quarter on a restart of the Kiena mine complex in Quebec, miner Wesdome Gold Mines (TSX: WDO) has announced the results of bulk sample processing from the high-grade Kiena Deep A zone. The…
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Scottie to acquire AUX, merge Golden Triangle properties in BC
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX) for a merger that would consolidate the two companies’ gold-silver holdings in the Stewart mining camp in B.C.’s Golden Triangle into a total of…
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Troilus expands Southwest zone on strike and downdip
Drilling at the Southwest zone, 2.5 km southwest of the main mineral corridor, at Troilus Gold’s (TSX: TLG) project in Quebec has stepped out the 2019 discovery by over 400 metres along strike and by up to 450 metres downdip.…
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Talisker steps out Bralorne gold system in BC
The latest drill results from Talisker Resources’ (TSX: TSK) past-producing Bralorne gold project in south-central B.C. hit new mineralization below historic workings and southeast of prior intercepts. With a resource estimate expected in 2022, Talisker plans to incorporate these assays…
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First Mining partners with Big Ridge on Newfoundland gold project
Developer First Mining Gold (TSXV: FF) has entered into a definitive agreement with Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in the past-producing Hope Brook gold project in southwestern Newfoundland. Big Ridge…
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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…
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Liberty reports oxide gold from Black Pine ahead of initial resource
With an initial resource estimate for its past-producing Black Pine project in Idaho expected in the second quarter, Liberty Gold (TSX: LGD) has released assay results for the final 35 reverse-circulation (RC) drillholes completed as part of last year’s 43,875-metre…
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Troilus to acquire UrbanGold in all-share deal, grow Quebec land position
Troilus Gold (TSX: TLG) plans to expand its position in Quebec’s Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold Minerals (TSXV: UGM). The two companies have entered into a definitive agreement with Troilus offering 0.3004 of…
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Wesdome discovers new gold zone at Kiena ahead of restart decision
With a prefeasibility study (PFS) expected to be complete in the second quarter, gold miner Wesdome Gold Mines (TSX: WDO) has announced the discovery of a high-grade gold zone at its past-producing Kiena mine in the Val d’Or area of…
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Cartier updates Chimo Mine resources
Cartier Resources (TSXV: ECR) has released an updated resource estimate for its past-producing Chimo Mine property, 45 km east of Val-d’Or. The latest estimate is contained within three gold corridors and the junior is completing internal engineering and sorting work…
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Barrick sees win-win strategy in Golden Sunlight mine closure project
Barrick Gold (TSX: ABX; NYSE: GOLD) is ready to go ahead with its mine closure project for the Golden Sunlight property in Jefferson County, Mont., following a meeting between CEO Mark Bristow and Montana Governor Greg Gianforte. According to Barrick,…
