Tag: Zn

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 […]

Central Asia Metals reports Q1 production results for copper, zinc and lead

Central Asia Metals reports Q1 production results for copper, zinc and lead

Central Asia Metals (CAML.L) still has to publish its financial results of the first quarter of this year, but it has already released its production results. The total copper production was approximately 6.7 million pounds (at Kounrad), whilst the company also produced 12 million pounds of zinc and just over […]

Aston Bay and Core Gold have topped up their treasuries

Aston Bay and Core Gold have topped up their treasuries

Aston Bay Holdings (BAY.V) has been active to fill up its treasury in anticipation of the 2018 exploration season. The company raised a total of C$4.47M (C$0.47M more than announced) in a placement which took approximately 3.5 months to close. The placement was announced in December of last year, and […]

Telson Mining reports disappointing concentrade grades at Campo Morado

Telson Mining reports disappointing concentrade grades at Campo Morado

Telson Mining (TSN.V), which still is in the process of acquiring the Campo Morado polymetallic mine from Brussels-listed Nyrstar (NYR.BR), has released its production results for the first quarter of this year, and unfortunately not a single one of its concentrates met the minimum requirement of the smelters. Let’s have […]

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 […]

Kutcho Exploration Targets

Kutcho Copper receives C$4.5M from Wheaton Precious Metals

As part of the previously announced precious metals purchasing agreement with Wheaton Precious Metals (WPM.TO, WPM), Kutcho Copper (KC.V) has now received a first tranche of US$3.5M (C$4.5M using the current exchange rate). The payment was made right in time before the field season kicks off, and Kutcho Copper plans […]

Strong demand for Fireweed Zinc’s warrant-free offering

Strong demand for Fireweed Zinc’s warrant-free offering

Fireweed Zinc (FWZ.V) is able to capitalize on a strong resource update on the Tom and Jason claims which are part of the Macmillan Pass as its previously announced C$10M private placement has now been upsized to raise C$12.5M (with an additional option for the agents to exercise a 15% […]

Valor Resources’ Berenguela project now contains 46 million tonnes of ore

Valor Resources’ Berenguela project now contains 46 million tonnes of ore

Valor Resources (ASX:VAL), which purchased the Peruvian Berenguela project from SSR Mining (SSRM, SSRM.TO), has now released a JORC-compliant resource estimate (keep in mind the project was subject to the NI43-rules when SSR Mining owned it). This updated resource estimate shows an 80% increase in the total resources whilst the […]