Tag: United States

Drilling site, November 2016

Report: NuLegacy Gold – Looking forward to 2017

  As we have been following Nevada-focused exploration company NuLegacy Gold (NUG.V) for almost two years now, a lengthy introduction to the company and its assets isn’t necessary. NuLegacy is still fully focused on its Iceberg gold project in Nevada, and made remarkable progress in 2016. In this report we […]

Potash Ridge arranges up to US$11.8M in funding

Potash Ridge arranges up to US$11.8M in funding

Potash Ridge (PRK.TO) went into trading halt last week before announcing a comprehensive financing package which would allow the company to raise up to US$11.8M in a convertible debenture offering with The Lind Partners, a New York based asset management firm, as sole subscriber. A first tranche of $2.64M will […]

Columbus Gold releases a maiden resource at Eastside

Columbus Gold releases a maiden resource at Eastside

Columbus Gold (CGT.TO) has published a maiden resource estimate on its Eastside gold-silver project in Nevada. Using a cut-off grade of 0.15 g/t gold, the total resource contains 654,000 ounces of gold at an average grade of 0.57 g/t, and just short of 4 million ounces of silver at an […]

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold received a drill permit for Target 5 at Eastside

Columbus Gold (CGT.TO) has received the necessary permits to drill Target 5, which is located approximately 7 kilometers towards the south of the main area Columbus has been focusing on, called the ‘original target’. From a geological point of view, the Target 5 zone seems to be pretty much identical […]

NuLegacy Gold plans to raise C$9M to accelerate drilling

NuLegacy Gold plans to raise C$9M to accelerate drilling

NuLegacy Gold (NUG.V) is currently working on a C$9M private placement which will allow the company to fund its expanded drill program for the 2017 exploration season. NUGy seems to be very keen to not just continue to define the Iceberg deposit, but also to drill more holes at the […]

SolidusGold buys Northumberland from Newmont Mining

SolidusGold buys Northumberland from Newmont Mining

SolidusGold (SDC.V) had been looking to acquire a new property for quite a while now, and we’re glad to see patience has been paying off as Solidus entered into a definitive purchase agreement with Newmont Mining (NEM, NEM.TO) to acquire its Northumberland gold project in Nevada for US$20M in cash. […]

NuLegacy Gold confirms a new discovery at the Avocado zone

NuLegacy Gold confirms a new discovery at the Avocado zone

NuLegacy Gold (NUG.V) has released the assay results of a wildcat hole that has been drilled approximately 120 meters north of the first-ever drilled hole into the Avocado anomaly. The new hole did encounter some interesting mineralization with 199.7 meters of 0.26 g/t gold. Even though the mineralization started at […]