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Nighthawk grows Colomac resource with near-surface indicated ounces
Nighthawk Gold (TSX: NHK) has updated the mineral resources for its Indin Lake gold property in the Northwest Territories, 200 km north of Yellowknife. The latest numbers incorporate two-thirds of the drill assays from the 2020 exploration program (due to…
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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…
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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…
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Eldorado posts initial resource for high-grade Ormaque deposit at Lamaque
Eldorado Gold (TSX: ELD; NYSE: EGO) has released an initial resource estimate for the Ormaque deposit within its Lamaque operation in Quebec. The deposit, halfway between the operating Lamaque-Triangle mine and the Sigma processing facility, includes 2.6 million inferred tonnes…
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Goldsource expands Eagle Mountain resource, plans second update later this year
Goldsource Mines (TSXV: GXS) has released an updated pit-constrained mineral resource estimate for its Eagle Mountain gold project in Guyana, 200 km of the capital city of Georgetown. The latest figures include 23 million indicated tonnes grading 1.14 g/t gold,…
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Osisko continues to grow ‘world-class’ Windfall deposit
Osisko Mining (TSX: OSK) has released an updated resource estimate for its Windfall gold deposit in Quebec, which, according to CEO John Burzynski, “places Windfall among the best high-grade development projects globally.” Measured and indicated tonnes now total 6 million…
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Kutcho Copper grows copper-zinc resource ahead of feasibility release
Kutcho Copper (TSXV: KC) has released an updated resource for its Kutcho copper-zinc project in northwestern B.C. The latest resource features an 8% increase in measured and indicated tonnes and a 24% growth in inferred tonnes when compared with the…
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Newmont updates industry-leading reserve portfolio
Gold miner Newmont has reported its 2020 year-end reserve and resource update, outlining a total of 94.2 million oz. of attributable gold reserves — the largest in the industry. The release also notes that over 90% of this reserve inventory…
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Monarch Mining grows McKenzie Break gold resources
Following last month’s acquisition of Monarch Gold’s Wasamac and Camflo properties by Yamana Gold, spin-out Monarch Mining has released an updated resource estimate for the McKenzie Break property in Quebec, 25 km north of Val-d’Or. McKenzie Break is one of…
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SilverCrest releases high-return feasibility for Las Chispas, gives construction go-ahead
Five years after drilling the initial hole at its Las Chispas silver-gold project in Sonora, Mexico, SilverCrest Metals has released a high-margin feasibility for the project. With the feasibility release, SilverCrest’s board has formally approved construction of the 1,250 t/d…
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First Mining PFS outlines 11-year, US$718M gold mine at Springpole
First Mining Gold has released the results of a prefeasibility study on an 11-year, 30,000 t/d open pit operation at its Springpole gold project in northwestern Ontario. The study suggests nine years of primary mining and processing, followed by just…
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Sabina grows Back River resources ahead of feasibility update
Developer Sabina Gold & Silver has released an updated resource for its Back River gold project in Nunavut, which shows resource growth in both the measured and indicated and inferred categories. Updated measured and indicated resources now total 33.5 million…
