Tag: Au

Inca One: a game-changing acquisition of a second mill

Inca One: a game-changing acquisition of a second mill

Inca One Gold (IO.V) has announced it is purchasing the Koricancha toll mill in Peru (ex-Anthem United) from Equinox Gold (EQX.V),  as the latter will be solely focusing on its mining projects in Brazil and California. The Koricancha mill has been operating at a throughput of 150 tonnes per day, […]

Aben Resources: drills are turning!

Aben Resources: drills are turning!

The exploration season in the Golden Triangle area of British Columbia has now finally started and Aben Resources (ABN.V) has started drilling the Boundary North discovery at its Forrest Kerr gold project. The drill rig is currently working on a 5,000 meter 18 hole drill program, and will focus on […]

Comstock Metals closed its C$600,000 placement

Comstock Metals closed its C$600,000 placement

Comstock Metals (CSL.V) has successfully closed its previously announced private placement, raising just over C$600,000 in hard dollars by issuing units at C$0.05. Each unit consists of one common share as well as a full warrant, with each warrant entitling the warrant holder to acquire an additional share in the […]

Fremont drills 26 meters containing 4.66 g/t gold at Gold Bar

Fremont drills 26 meters containing 4.66 g/t gold at Gold Bar

Fremont Gold (FRE.V) has released the assay results from the first two holes of its Nevada drill program. Both holes were drilled on the Gold Bar project (which is part of Fremont’s land package close to McEwen Mining’s Gold Bar mine). One hole was drilled on the eastern side of […]

Camino Minerals extends the Adriana zone (again) and connects  it to Katty

Camino Minerals extends the Adriana zone (again) and connects it to Katty

Camino Minerals (COR.V) has now confirmed the copper mineralization on the Adriana zone of the Los Chapitos project is now in excess of a kilometer long, as the assay results of four new drill holes confirm the existence of more copper mineralization. All four holes did intercept the Diva structure […]

IAMgold starts drilling at Stratex’ Dalafin gold project

IAMgold starts drilling at Stratex’ Dalafin gold project

IAMgold (IMG.TO, IAG) has now completed its preliminary studies (which included a review of the historical core and chip samples and a mapping program) at the Dalafin gold project in Senegal, and is now in the final stages of mobilizing a drill rig to test the Madina Bafé gold prospect […]

Bonterra Resources and Beaufield sign Duke earn-in agreement

Bonterra Resources and Beaufield sign Duke earn-in agreement

Bonterra Resources (BTR.V) has concluded the negotiations with Beaufield Resources (BFD.V) whereby the latter will allow Bonterra to earn a 70% stake in the Duke property, which is located on the border of Bonterra’s own project, and surrounds the Gladiator deposit on three sides. According to CEO Dhaliwal, the acquisition […]

Minera Alamos completes second heap leach test

Minera Alamos completes second heap leach test

Minera Alamos (MAI.V) has now completed the second phase of its heap leach test work at the Santana gold project, which was owned by Corex Gold before the merger. This second phase was focusing on the anticipated recovery rates of fine crushed ore (compared to coarse crushing in the first […]

Bassari Resources secures funding for the Makabingui gold project

Bassari Resources secures funding for the Makabingui gold project

Bassari Resources (ASX:BSR) has received the final approval from the Coris Bank International with regards to a credit facility of US$13M to build the Makabingui gold project in Senegal. This is a first step to develop the property which has a total gold resource of approximately 1 million ounces at […]

District Setting - Pony Creek, North Star and Dixie Flats

Contact Gold reports 85-90% recovery rates at its Bowl Zone

Contact Gold (C.V) isn’t just drilling, it’s also working on other aspects of the Pony Creek project to advance it towards development. In our initial report, we argued that although there was no historic data available on the metallurgical perspective of the historic resource, but that there was no reason […]