Hochschild boosts mine life of Inmaculada
During a presentation at its Capital Markets Day in London, Hochschild Mining (LON: HOC) announced that brownfield drilling this year at its Inmaculada underground mine in Peru has added inferred…
Fast News
Caledonia buys back 15% interest in Blanket gold mine
Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments’ 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at US$16.6 million. After completing…
NexGen boosts cash flow estimate by 64% in Arrow PFS
NexGen Energy (TSX: NXE; NYSE: NXE) is planning a 125,000-metre high density drill program—the largest in the company’s history—at its Arrow uranium project in Saskatchewan after completing a positive prefeasibility…
Iamgold considers two mine plans in Côté feasibility study
Iamgold (TSX: IMG; NYSE: IAG) is considering two mine plan scenarios at its Sumitomo Metal Mining (TYO: 5713) joint-ventured Côté gold project in northern Ontario, according to a feasibility study…
Northern Vertex secures additional financing from Greenstone
Less than a month after Northern Vertex Mining (TSXV: NEE; US-OTC: NHVCF) signed a US$8.5 million silver stream financing with Maverix Metals (TSXV: MMX), the company has reached a deal…
Regulus spin-out Aldebaran Resources starts trading
Regulus Resources (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at 90¢ before tumbling to 59¢ in mid-afternoon trading. Aldebaran shares the same core management…
Aurania’s Lost Cities project shows strong copper grades
Reconnaissance exploration at the Kirus and Jempe targets at Aurania Resources’ (TSXV: ARU); US-OTC: AUIAF) Lost Cities – Cutucu project in Ecuador has returned grab samples of rock with copper…
SilverCrest drills Las Chispas for upcoming PEA
SilverCrest Metals (TSXV: SIL; US-OTC: SVCMF) is drilling its Las Chispas silver property in Sonora, Mexico, to both expand the current inferred resource and upgrade it to the measured and…
Drilling extends mineralization deeper at Troilus mine project
From 1996 until 2010, Zone 87 at the Troilus gold-copper mine in Quebec was responsible for most of the 2 million oz. gold and 70,000 tonnes copper that was produced…
Excelsior finances Gunnison copper project in Arizona
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) plans to complete construction at its Gunnison copper project in southeastern Arizona and enter production over the next year after agreeing to a US$75…
Marathon updates PEA with 44% increase in recovered gold
An updated preliminary economic assessment of Marathon Gold’s (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates…
OceanaGold drills high-grade gold at Martha
OceanaGold (TSX: OGC; ASX: OGC) has announced new high grade gold intersections from its Martha gold project at its Waihi gold mine in New Zealand. The company will include the…