Gold bullion continues its ascent as we begin a new year, finishing the period ended Jan. 4 at the US$394.10-per-oz. level for a gain of about US$8.35 per oz. Strength in the yellow metal helped the V…
Minera Valdez Gold S.A. de C.V., a wholly owned subsidiary of Valdez Gold (ASE), has staked additional ground in Sonora state, Mexico. The 177-sq.-mile property, known as Marisa, adjoins the company’s…
Gold producer Richmont Mines (ME) has closed a private placement of 2.5 million special warrants at $4 each. Each special warrant entitles the holder to buy one Richmont share at no additional conside…
Thunderwood Resources (TSE) has optioned a property adjoining the past-producing Buchans base metal mine in west-central Newfoundland. The 279-claim property comprises 11,030 acres and covers the know…
Saskatoon, Sask.-based Shore Gold Fund (ASE) has completed a private placement of 1.4 million shares at 25 cents each and issued an additional 483,549 shares at the same price. Proceeds will be used t…
Montreal-based St. Genevieve Resources (TSE) intends to sell all or part of its 11 million common shares in Louvem Mines (TSE) to the highest bidder. The block represents 43% of all issued and outstan…
Waddy Lake Resources (TSE) continues to excavate a decline on the Komis gold project in northern Saskatchewan. The work will enable the company to extract a 10,000-tonne bulk sample from the A and C z…
The 47 million tons of mineralization reported by Hycroft from its Brimstone exploration program are not additional to the 45 million tons contained in the Crofoot-Lewis mine in Nevada, as stated in o…
Under an option agreement, Rea Gold (TSE) can acquire the Mount Hamilton gold project in eastern Nevada. Rea is completing a due diligence review which should be finished early in the first quarter. I…
Equinox Resources (TSE) and Hecla Mining (NYSE) have agreed to amalgamate on the basis 0.3 Hecla shares for each share of Equinox tendered. Goepel Shields & Partners, Equinox’s financial advisers, fou…
There was mixed news from Saskatchewan as the provincial government announced its decision on the development of three proposed uranium mines in the north. Environment and Resources Minister Berny Wie…
As if Denison Mines werent up to its eyeballs in alligators already, the provincial governments in Ontario and Saskatchewan have unleashed a few more of the critters on the hapless company. The Ontari…
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