Tag: #Canada

Kutcho Copper confirms high-grade zones at its Kutcho project

Kutcho Copper confirms high-grade zones at its Kutcho project

Kutcho Copper (KC.V) has been drilling at its Kutcho Copper project in British Columbia and the first drill results have now been announced. The company has released the assay results of two choles, of which hole 38 yielded excellent results with 28 meters at 2.09% copper, 6.1% zinc, in excess […]

Labrador Gold has now closed a C$3M placement

Labrador Gold has now closed a C$3M placement

Labrador Gold (LAB.V) announced and immediately closed a C$3M placement which consisted of 10.5 million hard dollar units and 1.25 million flow-through units. The hard dollar units were priced at C$0.25 and consisted of one common share and half a warrant, allowing the warrant holder to purchase an additional share […]

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 […]

Comstock Metals unveils its summer exploration plans at Rawhide

Comstock Metals unveils its summer exploration plans at Rawhide

Comstock Metals (CSL.V) has now divulged more information about its plans to advance the Rawhide cobalt property, which is located in the Gowganda area in the ‘Greater Cobalt Mining Camp’. The Property was optioned when David Terry was still the CEO of Comstock Metals, and the current management team seems […]

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 […]

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources (PERE.L) is getting its ducks in a row for the Minto copper project in Canada’s Yukon territory. It has now signed a deal with ‘a leading global Japanese trading house’ which was willing to extend a US$30M concentrate prepayment facility to Pembridge as part of an offtake agreement […]

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc (FWZ.V) has now outlined its plans for a C$8M work program on its MacMillan Pass zinc-lead project in Canada’s Yukon Territories. The bulk of the money will be spent on a three-rig 10,000 meter drill program to increase the total tonnage of the project. Not only will Fireweed […]

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 […]