Tag: BC

ML Gold receives drill permits for step-out holes

ML Gold receives drill permits for step-out holes

ML Gold (MLG.V) has now received the additional permits needed for a step-out drill program at its Stars project in British Columbia. The new permits will allow the company to follow up on the high-grade copper mineralization in Zone 4, whilst it will also enable ML Gold to test additional […]

Aben announces 2018 drill program at Forrest Kerr

Aben announces 2018 drill program at Forrest Kerr

Aben Resources (ABN.V) has provided more details on its upcoming drill program at the Forrest Kerr property in BC’s Golden Triangle area. The initial focus of the 5,000 meter drill program will be on the Boundary zone (where high-grade gold mineralization was discovered in three drill holes in the 2017 […]

Brixton Metals increases Atlin land position

Brixton Metals increases Atlin land position

Brixton Metals (BBB.V) has entered into an agreement to purchase five claims for a total of 27.4 square kilometers in the Atlin camp in British Columbia, where Brixton has already been active. The acquisition cost of the claims is relatively low: Brixton was required to pay C$10,000 in cash and […]

Kutcho Exploration Targets

Kutcho Copper receives C$4.5M from Wheaton Precious Metals

As part of the previously announced precious metals purchasing agreement with Wheaton Precious Metals (WPM.TO, WPM), Kutcho Copper (KC.V) has now received a first tranche of US$3.5M (C$4.5M using the current exchange rate). The payment was made right in time before the field season kicks off, and Kutcho Copper plans […]

Prize Mining finds more gold at Toughnut

Prize Mining finds more gold at Toughnut

Prize Mining (PRZ.V) has now received the final assay results from its 10 hole drill program at Toughnut, now a part of the Kena-Daylight gold project in British Columbia. According to the company, ‘significant gold intercepts’ were found in 9 of the 10 holes and newly-appointed CEO Michael McPhie (who […]

Prize Mining’s 71 meters at 1.09 g/t gold is a good result

Prize Mining’s 71 meters at 1.09 g/t gold is a good result

Prize Mining (PRZ.V) has reported on the final assay results from the Daylight drill program, and the company was actually able to positively surprise us. We were very charmed by hole 7 on the Great Western Zone which returned 71.2 meters containing 1.09 g/t gold, as this compares favorably to […]

ARC Resources plans to produce 132,000 boe/day in 2018

ARC Resources plans to produce 132,000 boe/day in 2018

ARC Resources (ARX.TO) has announced the board of directors has approved a C$690M capex spending program for 2018 which will  allow it to increase its production rate to an average of 130,000-134,000 barrels of oil-equivalent per day. Of this oil-equivalent production rate, approximately 40,000 barrels will be crude oil, condensate […]

Prize completes 18 drill holes at Daylight

Prize completes 18 drill holes at Daylight

Prize Mining (PRZ.V) has now completed its initial drill program at Daylight, where it drilled 18 holes from 11 drill pads for a total of 2,700 meters. Assay results obviously aren’t available yet, and we would expect to see the initial assay results of the first eight holes which have […]

BC issues amended Mines Act permit for Prize’s Daylight property

BC issues amended Mines Act permit for Prize’s Daylight property

Prize Mining (PRZ.V) has now received an amended Mines Act permit from British Columbia’s Ministry of Energy, Mines and Petroleum Resources. This permit now allows the company to continue its exploration program at Daylight, where a drill program could start any week now as previous exploration programs have already generated […]