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Medallion Resources outlines its plans for this year

Medallion Resources outlines its plans for this year

Medallion Resources (MDL.V) has released an extensive update wherein it’s unveiling its plans for 2016. As the company has now completed its flow sheet (where the procedure has been confirmed in bench-scale metallurgical tests), the next logical step would be to try to confirm the flow sheet through pilot plant […]

GoldSource Mines has started to commission the Eagle Mountain Mine

GoldSource Mines has started to commission the Eagle Mountain Mine

South America’s newest gold mine, the Eagle mine owned by Goldsource Mines (GXS.V) is ready for commissioning after the construction of the $5M mine has been completed. It’s remarkable to see the total initial capital expenditures to come in at less than $5M whereas the original Preliminary Economic Assessment was […]

Otis Gold finds more higher grade gold at Kilgore

Otis Gold finds more higher grade gold at Kilgore

Otis Gold (OOO.V) has released a few more drill results from a new exploration program at its Kilgore gold project in Idaho. The lab has released the assays from a part of the fall drill program, and we think the company will be quite pleased with the results, as the […]

Aurcana’s updated resource estimate at Shafter has been completed

Aurcana’s updated resource estimate at Shafter has been completed

Source: The Daily Planet Aurcana (AUN.V) has released the long-awaited resource update on the Shafter silver project in Texas, where it has run into huge difficulties a few years ago as Aurcana was unable to operate the mine at a profit. The mine operated for approximately one year in 2013, […]

Integra Gold continues to push out exciting exploration results

Integra Gold continues to push out exciting exploration results

Integra Gold (ICG.V) discovered more high-grade gold during its infill drill program on the C1 structure at the Lamaque project in Val D’Or, Québec. The existing mineralization was confirmed by 3.2 meters of almost 13 g/t gold and a bonanza-interval of 1.5 meters at almost 7 ounces (yes, ounces) of […]

Strategic Minerals released a Big Vein South resource update

Strategic Minerals released a Big Vein South resource update

Strategic Minerals (ASX:SMC) has released an updated resource estimate on its Big Vein South zone at the 100%-owned Woolgar gold project in North Queensland, Australia. The resource estimate currently stands at 667,000 ounces of gold at an average grade of 2.03 g/t using a cutoff grade of 0.75 g/t. On […]

Oro Verde attracts Newcrest as partner at Topacio

Oro Verde attracts Newcrest as partner at Topacio

Oro Verde (ASX:OVL) surprised friend and foe last year when it announced Newcrest (ASX:NCM) signed an earn-in agreement to earn a 75% stake in the Topacio gold project in Nicaragua. Newcrest can earn an initial stake of 51% by spending A$6.1M on exploration expenses at the property with an option […]

Paringa Resources has reduced Buck Creek’s initial capex

Paringa Resources has reduced Buck Creek’s initial capex

Paringa Resources (ASX:PNL) has released the results of a bankable feasibility study on its Buck Creek mine near the Ohio River in the USA. The initial capex has been reduced from $127M to $105M and this should boost the operating results and economics of the mine given the production rate […]