Semafo’s Boungou mine achieves commercial production
Since its first gold pour at the end of June, Semafo’s (TSX: SMF) Boungou mine in Burkina Faso has produced more than 12,000 ounces of gold. The mine officially moved…
Fast News
Mawson improves gold-cobalt grades at Rajapalot
Mawson Resources (TSX: MAW; US-OTC: MWSNF) recently announced results from 46 diamond drill holes spanning six prospects at its Rajapalot gold-cobalt project in Finland. The company assayed previously gold-only drill…
Lumina Gold spins out Luminex Resources
Lumina Gold (TSXV: LUM; US-OTC: LUMAF) is spinning all but one of its properties out into a separate company called Luminex Resources. It retains the Cangrejos gold-copper project, located in…
Allegiant extends mineralization at Eastside gold project
Allegiant Gold (TSXV: AUAU; US-OTC: AUXXF) has reported drill results for the remaining 13 holes of its 22-hole (8,000-metre) phase one resource expansion drill program at its 100%-owned, district-scale Eastside…
Tahoe troubles continue with solution discharge at La Arena
Tahoe Resources (TSX: THO; NYSE: TAHO) says it has contained a discharge of pregnant solution that may have flowed into a nearby creek at its La Arena mine in Peru….
Cold weather hampers Aston Bay drill program
Aston Bay (TSXV: BAY; US-OTC: ATBHF) has concluded its 2018 drill campaign at its namesake property on Somerset Island in Nunavut, which includes the Storm copper prospect and the Seal…
Azarga releases PEA for Unkur project in Russia
Azarga Metals (TSXV: AZR; US-OTC: EUUNF) has tabled a preliminary economic assessment (PEA) for its Unkur copper-silver project in eastern Russia. The company acquired 60% of the project in 2016 and…
Endeavour Silver imposes austerity measures
Endeavour Silver (TSX: EDR; NYSE: EXK) is reducing expenditures and temporarily adjusting its exploration, development and mining activities until gold and silver prices rebound. The measures are expected to boost production…
New Age Metals considers JV at Genesis
New Age Metals (TSXV: NAM; US-OTC: NMTLF) is seeking a joint venture partner to help develop its 100% owned Genesis palladium-platinum-nickel-copper located in the northeastern Chugach Mountains, 120 road km…
Sokoman Iron concludes Moosehead phase 1 drill program
Sokoman Iron (TSXV: SIC; US-OTC: GDNDF) has received assays results from the remaining 12 holes of its 15-hole phase one drilling program at the Moosehead gold project in central Newfoundland,…
Trilogy Metals ‘likely takeover candidate’ says Cantor Fitzgerald
Cantor Fitzgerald has raised its target price on Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) to US$3.50/C$4.50 per share from US$3.00/C$3.75 per share following a recent site visit of the company’s…
Enforcer and SOQUEM update resource at Roger in Quebec
Enforcer Gold (TSXV: VEIN; US-OTC: EFRGF) has updated the resource estimate for the Roger gold-copper project, 5 km from Chibougamau, Quebec, for the first time since 2006 as it tries…