Tag: Au

Orezone Gold continues to advance its Bomboré project

Orezone Gold continues to advance its Bomboré project

Orezone Gold (ORE.V) is still working on its Bomboré gold project in Burkina Faso, where it has recently completed an infill drill program consisting of almost 230 holes. The vast majority (196 holes for in excess of 12,000 meters) were RC holes reaching an average depth of just 65 meters, […]

Inca One produces more gold and buys more ore

Inca One produces more gold and buys more ore

Inca One Gold (IO.V) has produced almost 1,300 ounces of gold in July, as it processed 2,989 tonnes of rock, indicating an average recoverable grade of approximately 13.4 g/t gold per tonne of rock and an average daily throughput of 96 tonnes per day. Considering the Chala One facility has […]

When little cubs become Great Bears

When little cubs become Great Bears

Great Bear Resources (GBR.V) stunned the market last Wednesday when the company reported ultra high-grade assay results from the Hinge Zone on its Dixie Lake gold project in the Red Lake Gold district. An eye-popping 16.4 meters at 26.91 g/t gold sounds great and even after isolating the ultra high […]

Contact Gold: a gold discovery at the West target

Contact Gold: a gold discovery at the West target

After its excellent assay results in June, Contact Gold (C.V) has released another batch of assay result for 12 holes/2,500 meters that were drilled on the Pony Creek gold project in Nevada. The company continued to intersect gold-bearing mineralization at the Bowl zone, which is the zone which hosts the […]

Bonterra and Metanor enter into a loan agreement

Bonterra and Metanor enter into a loan agreement

The merger between Bonterra Resources (BTR.V) and Metanor Resources (MTO.V) remains on track, and the companies have now entered into a C$4M loan agreement. Bonterra will advance C$4M (at a 10% interest rate) to Metanor, which will use the cash for general working capital purposes whilst both companies are working […]

Core Gold starts drilling Linderos

Core Gold starts drilling Linderos

Core Gold (CGLD.V) is in the final stages of a 1,700 meter drill program on the exciting Linderos gold project in Ecuador. Keith Piggott, the company’s CEO was very keen on getting a drill rig going at Linderos, as he calls it one of the most prospective undrilled gold targets […]

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire agrees to be acquired by Coeur Mining

Northern Empire Resources (NM.V) has entered into an agreement with Coeur Mining (CDE), whereby the latter will acquire all of NM’s shares it doesn’t already own. Coeur is offering an all-share deal which values the Northern Empire shares at C$1.64 based on yesterday’s closing prices of both companies. The premium […]

Fremont Gold drills high-grade gold oxide at Gold Canyon

Fremont Gold drills high-grade gold oxide at Gold Canyon

After experiencing a subdued reaction from the market on its drill results containing 26 meters at 4.66 g/t gold at the Gold Bar project in Nevada, today’s update from Fremont Gold (FRE.V) might get the market more enthusiast. At the Gold Canyon project – which borders McEwen Mining (MUX.TO, MUX) […]