Tag: USA

New Jersey Mining sells Toboggan to Hecla Mining

New Jersey Mining sells Toboggan to Hecla Mining

New Jersey Mining (NJMC) has attracted Hecla Mining (HL) as a strategic investor in the company, as the latter is investing US$0.5M in a placement priced at $0.13 per unit, with each unit consisting of one common share and half a warrant (with each full warrant allowing the warrant holder […]

American Pacific Mining has started drilling at Tuscarora

American Pacific Mining has started drilling at Tuscarora

American Pacific Mining (USGD.C) hasn’t been wasting any time; although the company just recently obtained a listing, it is already putting its cash to work as it has already started a first drill program on its Tuscarora gold project in Nevada. This first drill program will be relatively small (just […]

Saturday Read: Should mining companies use higher discount rates?

Saturday Read: Should mining companies use higher discount rates?

Whenever a company publishes a PEA, Pre-Feasibility Study or Feasibility Study, there are a few parameters we immediately focus on. Besides the used commodity prices and (overly) aggressive cost inputs, there’s one major factor which could kill a project: the Discount Rate used in the NPV calculations. About discount rates […]

Allegiant Gold directs a second drill rig to Eastside

Allegiant Gold directs a second drill rig to Eastside

Allegiant Gold (AUAU.V) is kicking its Eastside exploration program in a higher gear after meeting the expectations on the western portion of the gold deposit. As you might remember, pretty much the entire western zone of Eastside was classified as ‘waste’ within the pit shell. Not because the rock didn’t […]

Rise Gold: New Brunswick shaft appears to be in good condition

Rise Gold: New Brunswick shaft appears to be in good condition

Rise Gold (CSE:RISE, RYES) has completed a first underwater inspection of the New Brunswick shaft, where a remote operated vehicle was used to check the condition of the mine shaft and the timberwork (and both appear to be in good shape). That’s good news for the company as this shaft, […]

Jericho: now drilling for oil

Jericho: now drilling for oil

The Jericho Oil (JCO.V) management team has been very busy in the past few months as it completed a series of strategic transactions to A) raise more money and B) strengthen its position in the STACK play. This has resulted in Jericho entering into a farm-in agreement with a private […]

Integra kicks off Phase I drilling at DeLamar, Idaho

Integra kicks off Phase I drilling at DeLamar, Idaho

Integra Resources (ITR.V) only needed four weeks to receive the drill permits needed for its Phase I drill program on its DeLamar gold-silver project in Idaho. This short turnaround time ensured the company remains on schedule for its 2018 exploration plans of which this initial 6,000 meters of RC drilling […]