Wesdome hikes resource estimate for Kiena mine in Quebec
Wesdome Gold Mine (TSX: WDO) has released an updated resource for its 100%-owned Kiena complex in Val-d’Or, Quebec. The latest resource estimate, which points to an increase in gold grade and…
Fast News
Victoria Gold pours first gold at Eagle mine
Victoria Gold (TSXV: VIT) has started producing gold at its Eagle mine in the Yukon. Annual gold production is estimated at 200,000 oz. at an average all-in sustaining costs (AISCs)…
Blockade resumes at Newmont Goldcorp’s Peñasquito mine
Newmont Goldcorp (TSX: NGT; NYSE: NEM) has temporarily halted operations at its Peñasquito mine in Mexico, following the resumption of an illegal blockade. This is the latest blockade to disrupt the mine since…
Crystal Lake adds Rob McEwen as strategic investor
Crystal Lake Mining (TSXV: CLM; US-OTC: SIOCF) has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief…
Liberty Gold defines second high-grade zone at Black Pine
New drill results from Liberty Gold (TSX: LGD; US-OTC: LGDTF) have defined a second, high-grade zone of oxide gold mineralization at the company’s Black Pine project in Idaho. The mineralization was encountered…
Margaux releases maiden resource for Taurus deposit in BC
Margaux Resources (TSXV: MRL; US:OTC: MARFF) released a maiden resource estimate for the Taurus deposit on its Cassiar gold project in British Columbia. Taurus contains inferred resources of 21.8 million…
Teranga’s Wahgnion gold mine starts ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to 40,000 oz….
Probe Metals hikes resource estimate at Val-d’Or East
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec. The project consists of three of its wholly owned properties — Pascalis,…
Minera takes stake in Prime Mining
Minera Alamos (TSXV: MAI; CVE: MAI) has acquired a 16% interest in Prime Mining (TSXV: EPWR) — formerly known as ePower Metals — after buying 9.45 million Prime shares at 30¢ per share…
Kootenay drills more high-grade silver at Columba
High-grade silver assays are boosting Kootenay Silver’s (TSXV: KTN; US-OTC: KOOYF) confidence in its Columba silver project in the Mexican state of Chihuahua. The property is located 25 km south…
Horizonte shares rise on Orion financing
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the…
Probe Metals uncovers new gold zone at Monique
A regional exploration program on the Monique property, 25 km east of Val-d’Or in Quebec, has identified a new gold zone, Probe Metals (TSXV: PRB; US-OTC: PROBF) says. The 5,357-metre drill…