Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Exploration
Site visit: Revival Gold shows ‘exploration sizzle’ in Idaho
BOISE, Idaho – An underground discovery hunt in central Idaho could shuffle Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) development queue, CEO Hugh Agro said this week on a site visit….
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
Idaho bets on schools, speedy approvals to renew mining
BOISE, Idaho – Access to local skilled labour is now the choke point to building new mines, Idaho’s mining leaders told the Idaho Mining Conference this week in Boise. The…
Aldebaran’s Altar copper project may generate $11B
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says a preliminary economic assessment (PEA) for its Altar copper-gold project in Argentina establishes “robust” economics and sets the stage for new studies in…
Collective extends Apollo gold system in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) has expanded the footprint of its Apollo system at the Guayabales gold project in Colombia and plans to accelerate exploration with as much…
Ontario fast-tracks Frontier Lithium’s PAK
Frontier Lithium’s (TSXV: FL; US-OTC: LITOF) $943-million capex PAK project is Ontario’s first entry in a program to approve mines in two years. Provincial Energy and Mines Minister Stephen Lecce…
Osisko says Gaspé assays expand copper deposit
Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its flagship Gaspé project in eastern Quebec yielded multiple occurrences of copper in the deposit’s core. Hole 30-1119 cut 46…
AbraSilver logs new high-grade gold hits at Diablillos
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said new drill results at its flagship Diablillos project in northwestern Argentina have expanded the high-grade gold zone east of the Oculto deposit. “Numerous”…
West Point Gold books high surface grades in Arizona
Drilling by West Point Gold (TSXV: WPG; US-OTC: WPGCF) has returned strong results from surface at its main Gold Chain project in western Arizona. Hole GC25-70 cut 82.4 metres grading 1.61…
Update lifts Banyan’s contained gold to 8.1M oz
A resource update for Banyan Gold’s (TSX-V: BYN; US-OTC: BYAGF) Hyland project in southeast Yukon helps the company maintain its third place ranking among the largest projects in the territory…
Canaccord highlights three Aus gold explorers
Canaccord Genuity has initiated coverage on three Western Australian gold explorers — Benz Mining (TSXV: BZ; ASX: BNZ), Golden Horse Minerals (ASX: GHM) and Torque Metals (ASX: TOR) — highlighting…