Satori cuts 5.8 metres of 47+ grams gold in new zone at Tartan Lake
Satori Resources (TSXV: BUD) drilled the second highest grade in Tartan Lake history as it wrapped up phase one drilling at its 100%-owned property 12 km northeast of Flin Flon…
Fast News
Brazil names Belo Sun Mining’s Volta Grande “strategic” project
Brazil has selected Belo Sun Mining’s (TSX: BSX) proposed Volta Grande gold mine for its investment partnership programme (PPI), which supports projects producing mineral and metals deemed strategic for the country….
Monarch reports bonanza gold grades at McKenzie Break
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has intersected near surface bonanza grades 200 metres southwest of the current pit shell at its McKenzie Break gold project, 35 km north of…
Hummingbird Resources restarts Mali gold mine
It said stoppage will affect full-year production, placing it below the bottom end of the expected 100,000-110,000 gold ounces range.
Yamana Gold ups production targets after find in Quebec
It expects gold output from its Canadian mines to reach 500,000 ounces a year by 2028 thanks to new mineralized zones found at Wasamac.
Midland Exploration options Tete Nord nickel-copper property to Rio Tinto
Midland Exploration (TSXV: MD) is optioning its Tete Nord nickel-copper property near the town of La Tuque in Quebec to Rio Tinto Exploration Canada. Under the agreement, Rio Tinto Exploration…
Nighthawk reports new greenfield find – Albatross – near former Colomac gold mine
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has made a new greenfield discovery about 15 km southwest of the former Colomac gold mine about 220 km northwest of Yellowknife, in the…
Clean Air Metals’ PEA rates Thunder Bay North NPV at $378M, IRR at 29.8%
Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) has released a preliminary economic assessment for its 100%-owned Thunder Bay North project putting the after-tax net present value with a 5% discount…
Hochschild to buy Amarillo Gold for control of Posse project, Brazil
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has announced a $135 million cash offer to acquire Amarillo Gold (TSX: AGC; US-OTC: AGCBF). The offer, priced at 40c per Amarillo share,…
Auxico plans to build US$116M rare earth refinery in Colombia
Auxico Resources Canada (CSE: AUAG) is making plans to build a 10,000-sq.-metre rare earth refinery in the free trade zone in the city of Santa Marta, Colombia. With a throughput…
Hummingbird Resources shares collapse after halting Mali mine
Shares in Hummingbird Resources (LSE: HUM) fell as much as 20% to 13.23 pence on Monday after it halted operations at its Yanfolila gold mine in southern Mali, the company’s…
Agnico Eagle raises stake in White Gold
White Gold (TSXV: WGO) has arranged a non-brokered private placement of flow-through and common shares to raise proceeds of $9 million. Pursuant to an investor rights agreement signed in December…