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Base Resources confirms strong Toliara economics in PFS

Base Resources confirms strong Toliara economics in PFS

Base Resources (ASX:BSE) has been quite active in Madagascar lately, and this has now resulted in the publication of a pre-feasibility study on the Toliara mineral sands project on the island. The economic study calls for an initial capex of just US$439M to build a 13 million tonnes per year […]

Aztec Minerals defines 5 CRD targets at Tombstone, 11 porphyry targets at Cervantes

Aztec Minerals defines 5 CRD targets at Tombstone, 11 porphyry targets at Cervantes

Aztec Minerals (AZT.V) has now completed its airborne magnetic survey over the Tombstone project in Arizona, and this survey confirmed the existence of what appears to be three target areas that were previously discovered through a mapping and sampling program. Additionally, the survey identified two additional targets which brings the […]

Great Bear Resources adds tonnes at Dixie

Great Bear Resources adds tonnes at Dixie

Great Bear Resources (GBR.V) has released another batch of assay results from its ongoing 60,000 meter drill program it’s currently completing at its Dixie gold project in Ontario’s Red Lake gold district. Great Bear has released the results from seven drill holes, which were all drilled on the so-called Dixie […]

Bardoc Gold continues to find more gold at Castlereagh

Bardoc Gold continues to find more gold at Castlereagh

Bardoc Gold (ASX:BDC) has now extended the total strike length at South Castlereagh to approximately 500 meters after the most recent batch of assay results confirmed the presence of more gold. While drill results of 23 meters at 2.27 g/t gold and 12 meters at 1.4 g/t gold only start […]

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties acquires 1% NSR on Lincoln Hill

Ely Gold Royalties (ELY.V) has entered into a binding agreement with a third party to acquire a 1% Net Smelter Royalty on the Lincoln Hill property for $750,000 in cash (we are assuming this is in US Dollars considering the warrant price has been fixed at ‘CAN’$0.17) of which $400,000 […]

ePower Metals buys Guadalupe de los Reyes option

ePower Metals buys Guadalupe de los Reyes option

Minera Alamos (MAI.V) and ePower Metals (EPWR.V) have entered into a binding letter of intent whereby the underlying option to acquire the Los Reyes project (new name) from Vista Gold (VGZ, VGZ.TO) will be transferred from Minera to ePower. ePower will issue 9.45 million post-consolidation shares to Minera Alamos (representing […]

MC Mining signs offtake agreement for its coal

MC Mining signs offtake agreement for its coal

MC Mining (LSE:MCM) (the new name of Coal of Africa) has announced it has signed a sale and purchase agreement for the coal that will be produced at its Makhado coal project in South Africa. The first phase of the mine is expected to yield 3 million tonnes of recovered […]

Giulio Bonifacio becomes Kerr Mines’ new CEO

Giulio Bonifacio becomes Kerr Mines’ new CEO

Kerr Mines (KER.TO) has appointed Giulio Bonifacio (ex-Nevada Copper (NCU.TO)) as its new CEO, while Claudio Ciavarella will move to an executive vice chairman position. It will be interesting to see what Bonifacio’s first steps will be now he’s heading Kerr Mines whose Copperstone project hosts just over 400,000 ounces […]