Great Bear Resources (GBR.V) is doing a good job at ‘taking the money when it’s available’ and quickly raised C$10.9M by issuing new flow-through shares priced at C$5.45 per flow-through share, which will become tradeable on November 4th. The cash position (which has now been boosted to around C$20M or […]
Great Bear Resources (GBR.V) has released another batch of assay results from its ongoing 60,000 meter drill program it’s currently completing at its Dixie gold project in Ontario’s Red Lake gold district. Great Bear has released the results from seven drill holes, which were all drilled on the so-called Dixie […]
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 […]
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 […]
