Aya discovers new gold-copper zone at Morocco site
Canadian miner Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) cut a highlight result of 9 metres grading 80 grams silver per tonne at its Boumadine project in Morocco and said it…
Precious Metals
Spanish Mountain PEA lifts both NPV and capex
Spanish Mountain Gold’s (TSXV: SPA; US-OTC: SPAUF) rescoped preliminary economic assessment (PEA) for its eponymous project in British Columbia’s Cariboo region boosts early cash flows but doubles upfront costs. Based…
Board cites poor drainage for Eagle gold leach failure
A Yukon Independent Review Board report blames the heap-leach failure at Victoria Gold’s Eagle mine last June on poor drainage that trapped water above a weak layer in the leach…
NGEx cuts 7.77% copper at Lunahuasi in Argentina
Drilling by NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) has returned a highlight result of 8.3 metres grading 7.77% copper, 4.01 grams gold per tonne and 191.2 grams silver at the…
Canada advances plan to freeze Giant mine’s toxic waste
Canada’s $4.4-billion plan to cope with a poisonous legacy at a former gold mine in the Northwest Territories risks complicating local efforts to find a permanent solution. Ottawa is moving…
Arizona Metals plunges as Kay resource disappoints
Arizona Metals (TSX: AMC; OTCQX: AZMCF) shares plunged to their lowest level in more than four years after a long-awaited initial resource estimate for the company’s Kay polymetallic project revealed a…
Central Asia Metals ups offer for New World
The takeover battle for Australian copper developer New World Resources (ASX: NWC) is heating up after Central Asia Metals (LSE: CAML) raised its offer shortly after Canada’s Kinterra Capital made…
Season’s first hole hits high grades for Sitka Gold
Sitka Gold’s (TSXV: SIG; US-OTC: SITKF) first completed hole of its summer drilling program cut highlight results as high as 73.2 metres grading 2.05 grams gold per tonne in the…
PDAC JV Video: Namib Minerals preps to reopen gold mines in Zimbabwe
Namib Minerals is working to expand and restart three gold mines in Zimbabwe to help fund its critical mineral ambitions in the Democratic Republic of Congo (DRC), CEO Ibrahima Tall…
Snowline Gold posts strong economics in first PEA
Snowline Gold (TSXV: SGD; OTCQB: SNWGF) says a preliminary economic assessment (PEA) for its Valley deposit at the Rogue project in Yukon shows robust economics for what could become a…
Ascot again delays Premier gold mine restart
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is placing its main Premier gold project in British Columbia, which has been delayed several times, on care and maintenance after talks broke down…
Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…