Tag: #NSR

Flash Update: Prize Mining

Flash Update: Prize Mining

Prize Mining (PRZ.V) has been spending the summer trying to get a better understanding of its Kena-Daylight project in British Columbia by executing a sampling-based exploration campaign. On top of that, CEO Feisal Somji was successful in adding the Toughnut property to the land package when it exercises an option […]

A detailed map outlining the results.

Flash Update: Prize Mining

Prize Mining (PRZ.V) has released the assay results from a first batch of soil samples on its Daylight property in British Columbia, Canada. The company has now taken in excess of 1,000 samples and the first samples have confirmed the existence of at least two geochemical trends on the Daylight […]

IP Chargeability Map With Historic Mines and Grades

Report: Prize Mining – Update

Prize Mining (PRZ.V) is the newest company trying to define a multi-million ounce gold deposit in British Columbia. Whilst the company is getting ready for a summer exploration and drill program, Prize has now announced it secured an option to acquire 100% of the adjoining Toughnut property which contains 3.5 […]

Rio Tinto options Eurasian’s Superior West project

Rio Tinto options Eurasian’s Superior West project

Eurasian Minerals (EMX.V, NYSEMKT:EMXX) has announced it has signed an agreement with Kennecott Exploration (a subsidiary of Rio Tinto (RIO) ) whereby the latter can earn a 100% interest in the property by making a $1.15M cash payment to Eurasian (spread over five years), as well as incurring $5.5M in […]

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold is about to receive its first royalty payment

Rye Patch Gold (RPM.V) has announced an update on the production status of the Rochester mine in Nevada, operated by Coeur Mining (CDM.TO, NYSE:CDE). Rochester produced approximately 750,000 ounces of silver and almost 8,200 ounces of gold during Q1, and Rye Patch Gold should have received the first quarterly payment […]

Red Eagle Mining sells another NSR

Red Eagle Mining sells another NSR

Red Eagle Mining (RD.V) has announced it sold another 1% NSR on a portion of the company’s Santa Rosa Gold project in Colombia to Liberty Metals and Mining for a consideration of $4.16M. This is excellent news as Red Eagle once again is able to raise cash without issuing additional […]

Columbus Gold sells a royalty on the Paul Isnard Project

Columbus Gold sells a royalty on the Paul Isnard Project

Columbus Gold (CGT.V) has announced it sold a 1% NSR to a royalty company for proceeds of US$5M. We consider this to be a very fair price, as this consideration values the cash flows of the Paul Isnard Project at in excess of US$500M. If Columbus Gold exercises its right […]