Blue Sky Uranium (BSK.V) has recently released its exploration plans for its Ivana uranium-vanadium deposit for this year as it plans to expand the 22.7 million pound uranium resource (which also contains 11.5 million pounds of vanadium pentoxide which could provide a little bit of additional revenue further down the […]
Trans-Siberian Gold (LON:TSG) has published excellent production results at its Asacha mine in Russia as it produced approximately 50% more gold and 105% more silver compared to the first quarter of last year. Despite processing just 1% more tonnes, the higher gold grade of 8.8 g/t compared to 6.1 g/t […]
Pacton Gold (PAC.V) used to be a ‘pure’ Pilbara play as it joined other Canadian and Australian companies in the nugget-focused Pilbara Gold Rush. With the recent acquisitions in the Red Lake Gold district however, Pacton now pursues a two-pronged approach. Pacton’s Red Lake land package neighbours Great Bear Resources […]
Hot on the heels of our previous update, Great Bear Resources (GBR.V) released additional assay results from the Dixie Hinge zone where it completed 30 meter and 100 meter step-downs along the projected plunge of the DHZ. Both stepdown holes have hit identical styles of high-grade gold mineralization, confirming the […]
Maverix Metals (MMX.V) reported its financial results of the first quarter of this year last week, and as expected, the company continued to increase its attributable production and revenue as Maverix is still expanding its asset portfolio. The company reported a revenue of C$7.5M which is just 10% higher than […]
Southern Silver Exploration (SSV.V) has been able to update its resource estimate at the Cerro Las Minitas project after completing an additional 10,157 meters of drilling. These additional meters added a lot of value as the indicated resource increased to almost 134Moz AgEq (consisting of 37.5Moz silver, 35,000 ounces gold, […]
Bravada Gold (BVA.V) has closed a first tranche of its previously announced financing, raising C$567,000 by issuing 8.1M units at C$0.07 (with each unit consisting of one share and a full warrant with a strike price of C$0.12 and expiring in 4 years). The proceeds will be used for a […]
It has been a few years since Riverside Resources (RRI.V) has been tied up in a strategic alliance and since Antofagasta (LON:ANTO) didn’t pursue the joint venture in 2016, Riverside has mainly been working on one-off joint venture deals with a range of companies on one or a few projects. […]
Although the main focus of this year’s exploration budget will be on the Atlin gold camp, Brixton Metals (BBB.V) has decided it wants to drill one deep hole at Thorn, where the company hopes to hit widespread porphyry-type mineralization. This deep hole is meant to follow up on a previous […]
A few months after securing C$2.85M in funding in a private placement that was priced at C$0.29 per share, Contact Gold (C.V) has now (finally) nailed down the terms of its raise with the two underwriters of the pre-announced prospectus offering. Contact will raise C$4M at a fixed price of […]
Shanta Gold (LON:SHG) released excellent production results for its first quarter of the current year. The company produced almost 22,400 ounces of gold at the New Luika gold mine in Tanzania and thanks to the very low operating expenses of just $500/oz, the all-in sustaining cost came in substantially lower […]
The recent cash inflow from the C$600,000 placement allows Medallion Resources (MDL.V) to aggressively advance its production of Rare Earth Elements by processing monazite, a waste product from mineral sands operations. The ongoing test work is now focusing on two important parts of the process: first of all, the company […]
