Tag: #YukonTerritory

Comstock Metals closed its C$600,000 placement

Comstock Metals closed its C$600,000 placement

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 […]

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources (PERE.L) is getting its ducks in a row for the Minto copper project in Canada’s Yukon territory. It has now signed a deal with ‘a leading global Japanese trading house’ which was willing to extend a US$30M concentrate prepayment facility to Pembridge as part of an offtake agreement […]

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc starts a 10,000 meter drill program at MacMillan Pass

Fireweed Zinc (FWZ.V) has now outlined its plans for a C$8M work program on its MacMillan Pass zinc-lead project in Canada’s Yukon Territories. The bulk of the money will be spent on a three-rig 10,000 meter drill program to increase the total tonnage of the project. Not only will Fireweed […]

Management changes at Comstock Metals

Management changes at Comstock Metals

In what appears to be a surprising move, CEO David Terry has resigned from his CEO position at Comstock Metals (CSL.V). He also resigned from his board position along with two other (technical-focused) directors Kuchling and Turnbull. Steven Goldman, a Toronto-based lawyer, was appointed as interim-CEO. This does surprise us […]

Fireweed Zinc expands MacMillan Pass land package and is gearing up for its PEA

Fireweed Zinc expands MacMillan Pass land package and is gearing up for its PEA

Fireweed Zinc (FWZ.V) has signed to agreements to acquire a total of 24,400 additional hectares at the MacMillan Pass zinc project in Canada’s Yukon Territory. This more than doubles Fireweed’s total project size to 469 square kilometers, and the new land claims appear to be prospective for additional SEDEX mineralization […]

Fireweed Zinc is gearing up for a resource update at MacMillan Pass

Fireweed Zinc is gearing up for a resource update at MacMillan Pass

Fireweed Zinc (FWZ.V) has now released all drill results of its 2017 drill campaign (with some stellar intervals reported in a December update with for instance 38 meters (true width!) containing almost 16.5% zinc-lead, including 25 meters of 21% Zinc-Lead, which are amazing results). The 2017 drill program was extremely […]

Victoria Gold’s recent share price drop is unjustified

Victoria Gold’s recent share price drop is unjustified

The share price of Victoria Gold (VIT.V) has been under a lot of pressure lately as it has been sliding all the way down to the lower 40 cent range. A surprise, as not only is its main Eagle Gold project remains one of the most appealing permitted but undeveloped […]

Capstone Mining produces 22,000 tonnes of copper in Q3

Capstone Mining produces 22,000 tonnes of copper in Q3

Capstone Mining (CS.TO) has produced a total of 22,000 tonnes of copper in the third quarter of this year which is almost 10% lower than the production result of the second quarter, despite having an additional calendar day in Q3. Both the Pinto Valley and Minto projects produced less copper, […]