Contact Gold (C.V) is still trying to fully figure out the gold mineralization at its Pony Creek project in Nevada, and the recently encountered gold in soil anomaly may shine a new light on the exploration plans. Approximately 600 meters west from the Pony Spur discovery, Contact Gold has now […]
Great Bear Resources (GBR.V) is taking advantage of its strong treasury position (it has approximately C$12M in the bank) to further accelerate and expand its exploration program at the Dixie gold project in Ontario’s Red Lake Camp. Although the company isn’t even halfway through its originally announced 30,000 meter drill […]
K92 Mining (KNT.V) is currently completing a 2,400 meter drill program to drill-test a previously discovered mineralized system in an attempt to figure out if the copper-gold mineralization could be viable. KNT plans to drill 6 holes that reach a depth of 400 meters, and the assay results of the […]
After focusing on the Cobalt camp in 2018, Brixton Metals (BBB.V) is shifting gears and will spend most of its time and effort on the Atlin Goldfields project with a lesser extend on its Thorn project, both located in Northwestern British Columbia. After successfully assembling a contiguous land package allowing […]
Anglo Asian Mining (AAZ.L) has provided a production forecast for its Gedabek gold mine in Azerbaijan. The mine has been in production since 2009 as an open pit mine before Anglo Asian also started to mine the underground Gadir mine in combination with another underground mine 50 kilometers away and […]
Greatland Gold (GGP.L) has been monetizing its recent discovery in Australia as it was able to sign a strategic deal with Newcrest Mining (ASX:NCM) whereby Newcrest will be able to acquire a stake of up to 70% in 12 exploration blocks that cover the Havieron target through a four-stage farm-in […]
An interesting update from the Rare Earth Elements front this week as the Australian conglomerate Wesfarmers (ASX:WES), known for its ownership of the Coles supermarket chain, decided to put the incoming cash from the sale of its Australian coal mines to work. Apparently the most attractive sector Wesfarmers found is […]
Riverside Resources (RRI.V) has released the initial results from its mapping, sampling and geophysical activities at the Sandy gold project in Mexico’s Sonora province. According to the first interpretation of this first pass exploration project, CEO Staude thinks the gold appears to be associated with large structures and intrusions, but […]
Medallion Resources (MDL.V) is in the process of completing a C$630,000 placement after upsizing the originally announced placement due to investor demand. The units will be issued at C$0.09, with each unit consisting of one share and half a warrant. Each full warrant will allow the warrant holder to acquire […]
Allegiant Gold (AUAU.V) has notified the market it has completed a maiden drill program on its Monitor Hills project in Nevada. Monitor Hills is located approximately 35 kilometers southeast of Tonopah, and has been the subject of a previously completed mapping and geochemical program. Allegiant also collected in excess of […]
At our most recent visit to the PDAC conference in Toronto (and some smaller conferences right before the PDAC started), we had the impression more companies are now focusing on copper as their new main commodity. Unfortunately we failed to see any new advanced stage copper stories (most were early […]
Imperial Metals (III.TO) has been able to avoid financial hardship by selling a 70% stake in the Red Chris copper-gold mine in British Columbia to Newcrest Mining (ASX:NCM) a major gold and copper producer with its main operations in Australia. From Imperial’s side, this transaction was absolutely necessary to secure […]