As you may remember, Brixton Metals (BBB.V) was planning to drill one hole at Thorn this year to drill-test the copper mineralization that was encountered in previous exploration programs. The assay results of that hole were published yesterday and were much better than we dared to hope for. The hole […]
Aben Resources (ABN.V) has now started its initial 5,000 meter drill program on its Forrest Kerr gold project in the Golden Triangle area in British Columbia. The initial focus of the drill program will be on the North Boundary Zone where last year’s exploration program encountered 10 meters of in […]
Beacon Minerals (ASX:BCN) is currently commissioning its Jaurdi gold project where it expects to reach the full production phase in the fourth quarter of this year. The nameplate capacity of the mine and processing plant calls for an annual throughput of 500,000 tonnes, which should result in the production of […]
Great Bear Resources (GBR.V) is doing a good job at ‘taking the money when it’s available’ and quickly raised C$10.9M by issuing new flow-through shares priced at C$5.45 per flow-through share, which will become tradeable on November 4th. The cash position (which has now been boosted to around C$20M or […]
It took SEMARNAT a few quarters longer than expected due to the government changes in Mexico, but almost 7 months after receiving the ETJ for the La Fortuna project, Minera Alamos (MAI.V) is now the proud owner of the long-awaited notification confirming the completion of the technical review of Minera […]
After several years of radio silence, the Rare Earth Element sector finally got some well-deserved attention as the mainstream media and US political world suddenly seems to realize the trade war with China might lead to unwanted and unforeseen circumstances. After all, pretty much every country in the world, including […]
Oroco Resource Corp. (OCO.V) isn’t wasting any time since winning the court ruling giving it the rights to earn an initial stake of 81% in the Santo Tomas copper porphyry project in Mexico. Considering this is one of the largest copper projects in the world (the company is awaiting an […]
King Island Scheelite (ASX:KIS) has now completed an updated reserve estimate on its Dolphin tungsten project, and used this new reserve estimate as starting point for a feasibility study which envisages producing 3,500 tonnes of WO3 concentrate per year. The average recovery rate is anticipated to be 77% which means […]
Hot Chili (ASX:HCH) continues to pull very intriguing drill results out of the ground on its Cortadera project in Chile. The main zone (Cuerpo 3) hosts what appears to be a sizeable copper-gold porphyry system and the headline result of 622 meter (which was later upgraded to 750 meters after receiving […]
Prize Mining (PRZ.V) has entered into an agreement with Apex Resources, the vendor of the Kena gold property in British Columbia to extend the earn-in period for Prize to earn an 80% interest in the property. Originally, Prize was required to make an additional C$1M and C$1.5M in exploration expenditures […]
Maverix Metals (MMX.TO, MMX) has appointed David Scott and Brian Penny to its board as independent directors, as Chris Emerson is stepping down from his board position. Both Scott and Penny appear to be very qualified in the financial domain as Scott was the managing director of CIBC’s mining global […]
Forum Energy (FMC.V) was able to announce Rio Tinto earlier this year as its joint venture partner on the Janice Lake sedimentary copper project in Saskatchewan, and the latter doesn’t seem to be wasting any time to hit the ground running. An initial airborne hi-res magnetometer survey will be flown […]
