Founders shares jump on new find, drilling expansion
Founders Metals (TSXV: FDR; US-OTC: FDMIF) shares hit a new 52-week high of $4.43 apiece Thursday as it reported a new high-grade gold discovery at its Antino project in Suriname…
Exploration
American Pacific drills hit high-grade copper-zinc at Palmer as it preps for resource update
The last batch of drill results from American Pacific Mining’s (CSE: USGD; US-OTC: USGDF) Palmer copper-zinc project in southeast Alaska returned broad copper and zinc intercepts, finding the deposit’s high-grade…
Probe Gold drills new high-grade zone at Novador in Quebec
Drilling by Probe Gold (TSX: PRB; US-OTC: PROBF) has uncovered a new, relatively shallow zone at its Novador property, near Val-d’Or, Que. The company’s drills this past summer and fall…
Red Canyon drilling confirms Kendal copper-moly discovery in BC
Shares in Red Canyon Resources (CSE: REDC; US-OTC: REDRF) increased by almost 15%, or 2.5¢, on Tuesday after confirming a copper-molybdenum discovery from drilling on its Kendal project in British…
Dolly Varden Silver logs high-grade hits at Homestake in BC as 2024 drilling wraps up
The final holes in Dolly Varden Silver’s (TSXV: DV; US-OTC: DOLLF) 2024 drill program at its Kitsault Valley project in northwest British Columbia returned high-grade results as it works towards…
Magna discovers new high-grade copper zone at Shakespeare in Ontario
Magna Mining (TSXV: NICU; US-OTC: MGMNF) says drilling found new copper mineralization on its Shakespeare project in a joint venture with Glencore (LSE: GLEN) less than 2 km from a feasibility-stage…
Dakota Gold infill drilling bodes well for Q1 Richmond Hill resource update
A round of infill drilling results released Monday for Dakota Gold’s (NYSE-A: DC) Richmond Hill project in western South Dakota supports a planned resource update in the first quarter of…
Inomin, Sumitomo team up on BC nickel project
Inomin Mines (TSXV: MINE) is partnering with Japan’s Sumitomo Metal Mining to advance the Beaver-Lynx project into what it says could be a major nickel source in British Columbia’s gold-mining…
Ecuador to reopen mining register for first time in over six years
Ecuador’s mining sector is following closely President Daniel Noboa’s recent decision to reopen and update the country’s mining cadaster within six months. The executive decree, signed last week, mandates the…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
Kodiak Copper defers MPD resource in BC to show ‘full potential,’ chairman says
Kodiak Copper (TSX-V: KDK, OTCQB: KDKCF) is delaying the release of an initial resource for its MPD copper-gold project in British Columbia until it achieves a “significant outcome,” chairman Chris…
Arizona Metals finds new copper-gold zone at Kay site
Arizona Metals (TSX: AMC; US-OTC: AZMCF) has discovered a new lens of mineralization in its Kay deposit on the namesake copper-gold project, outside the known deposit’s edge, the company reported…