Month: April 2016

Metanor finds high-grade gold at Barry

Metanor finds high-grade gold at Barry

Metanor Resources (MTO.V) is in the final stages of a 1,200 meter drill program on the Barry gold property in Québec, Canada and the assay results from the first few holes are already quite interesting. Hole 04 contained 4.4 meters of 2.1 g/t gold as well as 10 meters of […]

Falco Resources has dispatched two drill rigs to Horne 5

Falco Resources has dispatched two drill rigs to Horne 5

Falco Resources (FPC.V) has been quiet for a while, but earlier this week the company announced it was mobilizing two drill rigs to start a new surface drill program at the Horne 5 mine in Québec, Canada. Falco is planning to drill a total of 20,000 meters, divided in 10,000 […]

Equitas Resources acquires 100% of the Cajueiro gold project

Equitas Resources acquires 100% of the Cajueiro gold project

Equitas Resources (EQT.V) was halted this morning ‘pending news’, and the company has now released it has completed the acquisition of Alta Floresta Gold, which owned a 60% interest in several Brazilian gold properties. The completion of this deal wasn’t a surprise, but it’s positive to see Equitas now owns […]

Columbus drills a long interval with high-grade gold

Columbus drills a long interval with high-grade gold

Columbus Gold (CGT.V) has now completed its infill drill program at the Montagne D’Or gold project in French Guiana and the new assay results contain some very valuable information as the company pulled some phenomenal intercepts out of the ground. Intervals of 6.7 meters true width containing 11.5 g/t gold […]

Stornoway Diamond improved its mine plan at Renard

Stornoway Diamond improved its mine plan at Renard

Stornoway Diamond (SWY.TO) has released a new mine plan for its diamond mine in Canada. There is a 25% increase in the probable mineral reserves which increases the total resources that the 22.3 million carats which increases the mine life for 11 years to 14 years. This also means the […]

Cardinal Resources continues to surprise the market

Cardinal Resources continues to surprise the market

Cardinal Resources (ASX:CDV) has released several more drill intervals from its Namdini gold project in Ghana, where it’s completing another drill program to follow up on some excellent exploration results. Back in February, the company discovered several high-grade intercepts, such as 15 meters of 4 g/t gold as well as […]

Maya announces production results and private placement

Maya announces production results and private placement

Maya Gold and Silver (MYA.V) has reported it has produced 41,166 ounces of silver at its Zgounder silver mine in Morocco in February, where after it increased to in excess of 46,000 ounces of silver in March. The February-silver was recovered after treating almost 4,000 tons of ore at an […]

Carpentaria Exploration continues to advance Hawsons

Carpentaria Exploration continues to advance Hawsons

Interesting news from Down Under, as Carpentaria Exploration (ASX:CAP) still seems to be moving ahead with the Hawsons Iron project in Australia, despite the extreme volatility on the iron ore markets. According to the company, additional test work has indicated the company’s Supergrade product is amongst the best iron ore […]

Beadell sounds increasingly optimistic about Tucano

Beadell sounds increasingly optimistic about Tucano

Beadell Resources (ASX:BDR), a company that has consistently missed the majority (if not, all) of its guidances now seems to be back on track on its Tucano gold project in Brazil. The company expects to produce 145,000-160,000 ounces of gold in the current calendar year, which would be a 19-31% […]