Transition Metals (XTM.V) has now sold its Dundonald Nickel project (located in Ontario, Canada) to VaniCom, an Australian company. Transition has now received C$150,000 in cash and will also receive C$350,000 worth of stock in VaniCom. On top of that, VaniCom pledged to spend at least C$750,000 on exploration during […]
Drill results are still rolling in at Great Bear Resources (GBR.V) as the company has released assay results of just a fraction of its drill program which has recently been expanded by an additional program of 30,000 meters in 150 holes. In last week’s press release, Great Bear released the […]
Brixton Metals (BBB.V) appears to be zeroing in on the high-grade silver mineralization on its Langis silver-cobalt project in Ontario. Several holes intersected relatively wide mineralized intervals with very high-grade silver values: 6 meters at in excess of 4,700 g/t, 8 meters at in excess of 810 g/t and a […]
Comstock Metals (CSL.V) has now completed a first pass exploration program on its Rawhide copper-cobalt-silver property in Ontario, and the assay results of the 411 samples (381 soil samples and 30 rock samples) have now been released. These samples were taken at 50 meter intervals along the East-West spaced gridlines […]
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 (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 […]
Brixton Metals (BBB.V) has released an additional batch of drill results from three holes that were drilled on its Langis project in Ontario’s Cobalt Camp. The highlight of the update was the 0.98 meter interval containing 3.55% cobalt and 0.10% nickel (which Brixton correctly claims to be one of the […]
Moneta Porcupine (ME.TO) has released the assay results of an additional 8 holes that were drilled at the South West deposit, which is a part of the Golden Highway project in Ontario. Some of the holes of the current drill program are aimed at extending the total strike length and […]
Comstock Metals (CSL.V) has entered into an option agreement to acquire full ownership of five mining claims located (‘the Rawhide property) in the Gowganda area in Ontario. This Gowganda area is in close proximity to the so-called Cobalt Camp (which produced 25 million pounds of cobalt and in excess of […]
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 […]
First Cobalt (FCC.V) has found more cobalt in two new holes it has completed at the Woods Extension zone in the Canadian Cobalt Camp. The intervals are relatively short (0.65 and 0.3 meters) but the grades (respectively 0.47% Cobalt and 0.50% copper and 0.77% Cobalt and 2.67% Nickel) are very […]
Just a few months after completing a threeway merger, First Cobalt (FCC.V) has now entered into an agreement to acquire all of US Cobalt’s (USCO.V) outstanding shares in an all-share deal at a 62% premium compared to the closing prices of both companies before the deal was announced. First Cobalt […]