Alexandria Minerals (AZX.V) will be adding C$500,000 in cash to its treasury when it closes the sale of some properties in Manitoba to HudBay Minerals (HBM, HBM.TO). The HUDVAM and WIM properties were originally acquired in 2015 as part of the acquisition of TSX-V listed Murgor Resources, but they were […]
Fremont Gold (FRE.V) appears to be very encouraged by the recent exploration results on its flagship Gold Bar and Gold Canyon properties, which are bordering McEwen Mining’s (MUX, MUX.TO) Gold Bar development project in Nevada. Fremont intersected gold in its summer drill program, and we are excited about the newly […]
Evrim Resources (EVM.V) has announced it has signed a 3-year exploration alliance agreement with Meridian Gold, an unlisted full-owned subsidiary of Yamana Gold (AUY), whereby the latter will grant Evrim access to its database that it has been compiling over the past several decades. According to the announcement, Meridian’s database […]
Right before the summer we published a report on Pacton Gold (PAC.V) that was picking up land in Australia’s Pilbara region. Although one would think the recent Novo Resources-hype in the past few years would have resulted in all good pieces of land to have been scooped up by now, […]
Transition Metals (XTM.V) has now sold its Dundonald Nickel project (located in Ontario, Canada) to VaniCom, an Australian company. Transition has now received C$150,000 in cash and will also receive C$350,000 worth of stock in VaniCom. On top of that, VaniCom pledged to spend at least C$750,000 on exploration during […]
Amarc Resources (AHR.V) has received the assay results from an additional five drill holes that were completed on its IKE copper-molybdenum-silver project in British Columbia. Four of the five holes intersected thick copper-bearing structures with for instance 252 meters containing 0.33% CuEq, 300 meters at 0.17% CuEq and 651 meters […]
Avrupa Minerals (AVU.V) has been busy this summer as it completed an 18 hole drill program (for a total of just over 2,400 meters) on its Alvito IOCG project in Portugal. The drill program was funded by ASX-listed OZ Minerals (OZL.AX) which was originally earning a 51% stake in the […]
K92 Mining (KNT.V) is still working on the development of its Kainantu mine in Papua New Guinea, and the revenue from selling the gold and copper that’s currently being produced on-site is helping to fund these plans. The company produced 9,549 ounces of gold as well as 146,315 pounds of […]
Skyharbour Resources (SYH.V) has been quiet in the past few weeks but as the winter is approaching the Athabasca Basin, the exploration companies are gearing up for what appears to be a busy exploration season. Fueled by a higher spot price for uranium, budgets appear to be higher than the […]
Sandspring Resources (SSP.V) released an updated resource estimate on its Toroparu gold-silver project in Guyana. The current in-pit resource contains 253 million tonnes in the measured and indicated category with a gold content of 7.35 million ounes, while there is an additional inferred resource containing 129 million tonnes of rock […]
The demand for lithium is skyrocketing, but the commodity isn’t rare at all. In fact, lithium projects can be found all over the world, but only a few of them will ever be developed into a producing lithium mine. For that reason, we have been avoiding the so-called hard-rock lithium […]
Group Eleven Resources (ZNG.V) has now initiated a 1,500-2,000 meter drill program on its Stonepark project in Ireland (76.56% owned). The company seems to be keeping the expectations low as this initial drill program has mainly been designed to get a better understanding of the geological structures at Stonepark. All […]
