Avrupa Minerals (AVU.V) released the assay results of its 6-hole drill program at the Sesmarias prospect on the Alvalade license in Portugal earlier this week. As this still is an early stage exploration project, we obviously weren’t expecting Avrupa to encounter mineralization in every hole, and three holes (26,27,29) intersected […]
Great Bear Resources (GBR.V) has released an additional batch of drill results from its Dixie gold project in Ontario’s Red Lake gold district. Although all five holes have encountered gold, the market apparently wasn’t very impressed as Great Bear’s share price was sent 15% lower. Three holes were drilled 150 […]
Using a cut-off grade of 2.15 g/t gold, OceanaGold (OGC.TO, OGC.AX) has now more than doubled the resources at its Martha underground project, part of its Waihi gold complex in New Zealand. The inferred resource almost doubled to 667,000 ounces gold at an average grade of 4.59 g/t, while the […]
New Dimension Resources (NDR.V) needed almost three months to close a private placement after originally announcing a no-warrant offering at C$0.055 per share in December. The appetite for the financing wasn’t there and by the end of January, NDR had to add half a warrant as a sweetener. Every full warrant […]
Piedmont Lithium (ASX:PLL) has initiated a 25,000 meter Phase 4 drill program at its Piedmont lithium project, which is located approximately 40 kilometers west of Charlotte, NC. The majority of the drilling (approximately 76%) will be focusing on the Core property where Piedmont currently has a total resource of 16.2 […]
Amur Minerals (AMC.L) has revisited the design and total price of its planned road construction activities to move concentrate from the Kun-Manie nickel project to the Baikal Amur Rail Line, and to haul mining supplies back to the site. In the original design, the company projected a 10.5 meter wide […]
Condor Gold (COG.TO, CNR.L) continues to advance its La India project in Nicaragua and the updated resource estimate which was published earlier this quarter has now boosted the total resources to 1.14 million ounces (at 3.6 g/t gold) in the indicated category and 1.18 million ounces (at 4.3 g/t) in […]
Stellar Resources (SRZ.AX), a small tin company in Australia, has been granted a mining lease on its St Dizier tin project, allowing it to mine tin (and other metals) for an initial period of six years. This mining lease will help Stellar to finetune its development options for the Heemskirk […]
Cypress Development Corp. (CYP.V) ticked an important box last week as the company released the results of its metallurgical test work conducted on the Clayton Valley lithium project in Nevada. Ever since we have been keeping an eye on Cypress, this was an important part of the puzzle as the additional […]
Sun Metals (SUNM.V) and Lorraine Copper (LLC.V) have entered into a definitive agreement whereby Sun Metals will acquire all outstanding shares of Lorraine Copper by issuing 0.54 of its own shares per share of Lorraine in order to consolidate the entire Stardust district in British Columbia where Sun Metals has […]
Riverside Resources (RRI.V) will focus on growth in various ways this spring and throughout 2019 with a specific focus on its 100% owned Cecilia gold-silver project in Sonora. The company continues to apply its prospect generator model on this project, but as Riverside has enjoyed exploration success at its first […]
Integra Resources (ITR.V) wants to make sure it’s taking advantage of its first mover advantage after acquiring the past-producing DeLamar gold mine from Kinross Gold (KGC, K.TO) by locking up all pieces of prospective land. The company had previously defined no less than six gold and silver prospects on a […]
