Month: August 2013

Freegold Ventures finds more gold

Freegold Ventures finds more gold

Freegold Ventures (FVL.TO) has announced more drill results from its Golden Summit project in Alaska, USA. Hole 1311 which was drilled in the Dolphin Zone of the project intersected almost 575 meters at an average grade of 0.82g/t, indicating the excellent continuity of this zone. Including in this intercept is […]

Avrupa Minerals announces private placement

Avrupa Minerals announces private placement

Avrupa Minerals (AVU.V), Blackheath Resources’ (BHR.V) Joint Venture partner on the Covas and Arga licenses in Northwest Portugal has announced it’s looking to raise C$500,000 by issuing 5M units at C$0.10 per unit. Each unit consists of one common share and a full warrant valid for three years with an […]

Nevada Copper receives water pollution permit

Nevada Copper receives water pollution permit

As expected, Nevada Copper (NCU.TO) received its water pollution permit from the Nevada Department of Environmental Protection (NDEP). As said in an earlier blogpost, this is one of the two permits Nevada Copper still needed to bring its Phase I underground copper project into production. After ticking this box the […]

Lupaka Gold announces EIA Approval

Lupaka Gold announces EIA Approval

Lupaka Gold (LPK.TO) has announced it received the approval of its semi-detailed Environmental Impact Assessment on its Crucero gold project from the Peruvian Ministry of Energy and Mines. This approval is quite important, as the company is now allowed to continue its exploration work at the Crucero and to apply […]

Levon will continue its exploration efforts

Levon will continue its exploration efforts

Silver explorer Levon Resources (LVN.TO) has announced it will re-start its exploration program at the Cordero bulk tonnage silver project in September. The Cordero project is located in Mexico’s Chihuahua state and has a resource estimate containing 455 million ounces of silver combined with gold, lead and zinc as by […]

Nevada Copper’s next few weeks will be full of catalysts

Nevada Copper’s next few weeks will be full of catalysts

Nevada Copper (NCU.TO) is getting ready to tick some boxes over the next few weeks, as the company expects to receive both the water pollution and air pollution permits any day now which will allow the company to move forward with the planned underground production at the eastern side of […]

McEwen Mining has updated the El Gallo 2 resource estimate

McEwen Mining has updated the El Gallo 2 resource estimate

McEwen Mining (MUX.TO; NYSE:MUX) has announced an updated resource estimate for the company’s El Gallo 2 project in Mexico’s Sinaloa state which is located near the company’s El Gallo Mine. The total resource currently consists of 64 million ounces of silver and 200,000 ounces of gold in the measured and […]

Detour Lake site - South facing

Detour reports commercial production at Detour Lake

Detour Gold (DGC.TO) announced it has reached the stage of commercial production at its 100% owned Detour Lake gold project in Ontario, Canada as the project reached an average throughput of in excess of 41,400 tonnes per day for 60 consecutive days. This is higher than the 75% rate of […]

Blackheath receives mining license for Covas

Blackheath receives mining license for Covas

As expected, Blackheath Resources (BHR.V) has received its experimental mining license from the Portuguese government. This will allow the company to extract ore from 1948 hectares of its Covas-Arga project and produce tungsten, tin and gold. The mining license is valid for three years and can be extended by another […]

Doray Minerals pours gold at its Andy Well project

Doray Minerals pours gold at its Andy Well project

Doray Minerals (ASX:DRM) announced it poured its first gold bar at its 100%-owned Andy Well project in Western Australia. The first bar contained 144 ounces of gold for a total value of approximately $200,000. It’s impressive Doray was able to start gold production in less than 4 years since the […]

Revett Minerals Inc.

Revett Minerals – Update

Revett Minerals (RVM.TO, NYSEMKT:RVM) announced its Q2 financial results and an update on the Troy Mine where the company is trying to regain access to mineralized zones after a seismic event caused Revett to close the mine in December of last year. As expected, the company reported a net loss, […]