Tag: USA

Jericho will boost the oil production at its own assets

Jericho will boost the oil production at its own assets

Jericho Oil (JCO.V) has presented its organic growth plan to the market, which will aim to maximize the production rate and cash flows from the 75,000 acres in Oklahoma it jointly owns with a private family office. A first step will be to reduce the decline rates of the existing […]

Redstar Gold expands Shumagin along strike and at depth

Redstar Gold expands Shumagin along strike and at depth

Last month, Redstar Gold (RGC.V) has released the assay results from its 2016 drill program which consisted of 7 drill holes for a total of just over 1,500 meters. This was just a short drill program to test the potential of the Shumagin breccia mineralization, and it looks like Redstar […]

Potash Ridge completes an updated Pre-Feasibility Study on Blawn Mountain

Potash Ridge completes an updated Pre-Feasibility Study on Blawn Mountain

Potash Ridge (PRK.TO) has released an updated pre-feasibility study on its Blawn Mountain SOP project. According to the new study, the current reserves of 153 million tonnes will support a 46 year mine life, producing an average of 255,000 tonnes per year during the first ten years of the mine […]

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 […]

Potash Ridge has engaged Gateway Credit Partners and Migao

Potash Ridge has engaged Gateway Credit Partners and Migao

Potash Ridge (PRK.TO) doesn’t release a lot of updates, but this doesn’t mean the company isn’t doing anything. It has now announced it has retained Gateway Credit Partners, which will assist the company in securing funding to build the first phase of the Valleyfield SOP project in Québec, Canada. Gateway […]

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 […]

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. […]