Omai Gold discovery extends depth of Guyana deposit
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) said new drilling at its namesake project in Guyana has extended the past-producing site’s Wenot deposit to new depths, opening the door to a…
Exploration
Drills expand high-grade zones at Banyan Gold’s AurMac
Recent drill results at Banyan Gold’s (TSX-V: BYN; US-OTC: BYAGF) Airstrip target, part of its AurMac project in the Yukon have returned strong mineralization and extend high-grade domains. Highlight hole…
Glencore, Chilean Cobalt sign offtake for Americas supply
United States-based Chilean Cobalt (US-OTC: COBA) said Thursday it has signed a life-of-mine offtake with a Glencore (LSE: GLEN) subsidiary for all the cobalt and copper from the La Cobaltera…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
Marimaca oxide project gets Chile environmental nod
Marimaca Copper (TSX: MARI, ASX: MC2) says it has received formal environmental approval to develop its flagship oxide project in northern Chile, placing it closer to construction-ready status. The Marimaca…
SSR Mining adds 12 years to Colorado gold mine
SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Tactical raises up to $140M for Texas rare earths project
Tactical Resources (TSX-V: RARE; US-OTC: USREF) said U.S. asset manager Yorkville Advisors Global agreed to provide up to $140 million (C$196 million) in financing – a move that will help…
US Spotlight: A Wild West rush for minerals – Part 2
Historic mining regions, including the American West and Alaska, are seeing another gold rush amid the Trump administration’s executive orders to “Make America Great Again” by scaling up domestic critical…
Solaris values Ecuador copper mine at $4.6B
Swiss mine developer Solaris Resources (TSX: SLS; NYSE: SLSR) says a prefeasibility study shows its Warintza copper-gold project in southeastern Ecuador would generate an after-tax net present value of $4.6 billion (C$6.4…
I-80 Gold resource positions Nevada’s FAD for sale
I-80 Gold (TSX: IAU; NYSE-A: IAUX) has released a new high-grade polymetallic resource at its FAD project in Nevada to help sell the non-core asset. The resource totals 594,000 indicated…
Montage boosts resource at Côte d’Ivoire’s Koné project
Canadian mine developer Montage Gold (TSX: MAU, OTCQX: MAUTF) says an exploration update for its Koné project in Côte d’Ivoire shows increases in both indicated and inferred resources since the…