Tag: #SAND

Inca One: a game-changing acquisition of a second mill

Inca One: a game-changing acquisition of a second mill

Inca One Gold (IO.V) has announced it is purchasing the Koricancha toll mill in Peru (ex-Anthem United) from Equinox Gold (EQX.V),  as the latter will be solely focusing on its mining projects in Brazil and California. The Koricancha mill has been operating at a throughput of 150 tonnes per day, […]

Diamond drill set-up

Update: Metanor Resources – The Barry PEA

The higher gold price is a blessing for Metanor Resources (MTO.V) as not only does it help the company to generate a positive operating cash flow at Bachelor Lake (which helps to cover the capital expenditures and exploration expenditures), it also provides a welcome boost for the lower-grade Barry project. […]

Metanor Resources releases a positive PEA on Barry

Metanor Resources releases a positive PEA on Barry

Metanor Resources (MTO.V) has released a PEA on its Barry project wherein the ore at Barry will be trucked (with massive 150 tonne road trains) to the Bachelor Lake mill to reduce the capital expenditures to develop Barry. Indeed, the initial capex is estimated at just C$8.5M, and as Metanor […]

Metanor Resources starts the new Barry drill campaign

Metanor Resources starts the new Barry drill campaign

Metanor Resources (MTO.V) seems to be stepping up its exploration game and after having decided to complete several tens of thousands of meters of drilling at the new Moroy target which is located within walking distance from the operating Bachelor Lake gold mine, Metanor will also start a drill program […]

Metanor is reconsidering the possibility to reopen Barry

Metanor is reconsidering the possibility to reopen Barry

Metanor Resources (MTO.V) is investigating all possibilities to re-open the Barry open pit mine in Québec, as the gold price has been moving in the company’s advantage. A few years ago, Metanor already trucked ore from Barry to be processed at the Bachelor Lake mill, but as the gold price […]

Metanor finds more gold close to existing infrastructure

Metanor finds more gold close to existing infrastructure

In yet another exploration update, Metanor Resources (MTO.V) has told the market it has intercepted a 1.5 meter interval with an average grade of almost 0.6 ounces of gold per tonne. That’s an interesting intercept, but what makes it more appealing is the fact the drill bit encountered this zone […]

Good news: True Gold has resumed the construction activities at Karma

Good news: True Gold has resumed the construction activities at Karma

True Gold Mining (TGM.V) has announced it was able to re-start the construction of the Karma project late last month, after the unrest in Burkina Faso had put the project at risk. The central government in Ouagadougou had to step in to ensure the locals that the Karma project wouldn’t […]

Sandstorm Gold announces 10 new royalties

Sandstorm Gold announces 10 new royalties

Sandstorm Gold (SSL.TO, SAND) has announced a portfolio update with not less than 10 Net Smelter Royalties having been added to the portfolio. 8 of the 10 royalties are based on gold projects in Nevada which Tarsis Resources (TCC.V) has just acquired from Sandstorm, and the value of these royalties […]