Kerr Mines (KER.TO) has appointed Giulio Bonifacio (ex-Nevada Copper (NCU.TO)) as its new CEO, while Claudio Ciavarella will move to an executive vice chairman position. It will be interesting to see what Bonifacio’s first steps will be now he’s heading Kerr Mines whose Copperstone project hosts just over 400,000 ounces […]
Wesdome Gold Mines (WDO.TO) released its production results for the first quarter earlier in April and despite a 36% decrease in the total amount of tonnes milled, the gold production increased by 6% to 19,000 ounces of gold thanks to a 54% grade boost (to 18.5 g/t) at Eagle River […]
Over the past few years, we noticed one common thing in the mining sector: most companies prefer to fall back on the so-called Tier-1 destinations in safe mining jurisdictions like North America and Australia. Mining companies that are operating in tougher jurisdictions like Africa and South America have been avoided […]
Contact Gold (C.V) has completed and announced the results of a rock chip and channel sampling program from new road cuts. The highlight of the announcement was a grab sample which contained 1.96 g/t gold in a silicified structure exposed in a new road cut, but other channel sampling results […]
Tietto Minerals (ASX:TIE) probably is a name just a handful of investors are aware of outside of Australia, but this company, which focuses on exploring for gold in Ivory Coast has done pretty well in the past few years as it outlined a total resource of just over 1.7M ounces […]
Rise Gold (RISE.C) is still drilling on its Idaho-Maryland gold project in California, where it continues to get a better understanding of the mineralization at this past-producing gold mine. Hole 13A got the most attention as the drill bit intersected the Idaho#1 vein at a downhole depth of just over […]
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 […]
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 […]
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 […]
Great Bear Resources (GBR.V) has released an additional batch of drill results from its Dixie gold project in Ontario’s Red Lake gold district. Although all five holes have encountered gold, the market apparently wasn’t very impressed as Great Bear’s share price was sent 15% lower. Three holes were drilled 150 […]
