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Columbus Gold establishes formal joint venture with Nordgold

Columbus Gold establishes formal joint venture with Nordgold

Columbus Gold (CGT.TO) has now finally entered in the joint venture agreement with Nordgold whereby the latter has now officially established its 55.01% ownership in the Montagne D’Or gold project in French Guiana. Columbus is free carried until December 18th, when Nordgold has to make a construction decision (note, this […]

Rise Gold will start drilling at Idaho-Maryland within six weeks

Rise Gold will start drilling at Idaho-Maryland within six weeks

Rise Gold (RISE.C) is now getting ready to initiate its first round of diamond drilling at the Idaho-Maryland gold mine in October as it has completed its review of all  the data it inherited when it acquired the project. The drill program is pretty straightforward as Rise will drill one […]

Base Resources: surfing on the waves of higher commodity prices

Base Resources: surfing on the waves of higher commodity prices

After several difficult years, it looks like Base Resources (ASX:BSE, LON:BSE) is finally turning a corner as it reported a net income and a very strong cash flow result in its financial year 2017 which ended on June 30th. During FY 2017, Base shipped 502,000 tonnes of ilmenite, 92,000 tonnes […]

Berkeley Energia attracts Omani money

Berkeley Energia attracts Omani money

Berkeley Energia (ASX:BKY, LON:BKY) has entered into an agreement with an Oman-based sovereign wealth fund which will invest up to $120M in the company’s Salamanca uranium mine. The total investment will consist of two different parts. A first tranche of $65M will be invested as an interest-free and unsecured convertible […]

Valor drills high-grade silver-copper intercepts

Valor drills high-grade silver-copper intercepts

Valor Resources (ASX:VAL) has started to drill the Berenguela copper-silver project in Peru, which it acquired from SSR Mining (SSRM, SSRM.TO). The company has been drilling within the inferred resource shell (to upgrade the inferred resources to a higher category) as well as in the known extensions to this inferred […]

QV Property VG Zone - 2016 RAB (Rotary Air Blast) Drill Plan

Comstock Metals starts drilling in the Yukon!

Comstock’s core drill program will consist of 1,500 meters of diamond drilling which will predominantly focus on the resource expansion potential along strike (towards the west and east) of the VG deposit. The diamond drill program will try to confirm the results from the Rotary Air Blast program (the assay […]

Teranga Gold is ‘pleased’ but should be ‘embarrassed’

Teranga Gold is ‘pleased’ but should be ‘embarrassed’

Teranga Gold (TGZ.TO, ASX:TGZ) has released the results of a definitive feasibility study on the Banfora gold project in Burkina Faso. Even though the mine life was based on a reserve estimate of 1.2 million ounces, the results were actually disappointing. Teranga might be ‘pleased’ with a ‘solid’ base case, […]