First Mining partners with Big Ridge on Newfoundland gold project
First Mining Gold (TSXV: FF; US-OTC: FFMGF) has entered into a definitive agreement with Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in…
Gold
Rupert Resources provides update on Pahtavaara in Finland
Rupert Resources (TSXV: RUP) has reported new drill results from the Ikkari prospect at its 100%-owned Pahtavaara project, about 1,200 km north of Helsinki in Finland’s Central Lapland greenstone belt. Highlights…
Aurelius Minerals drills highest-grade intercept to date at Aureus East
Aurelius Minerals (TSXV: AUL) has reported its highest-grade interval ever from underground drilling at its Aureus East gold project in Nova Scotia, about 140 km northeast of Halifax. Drillhole AE-20-007 intersected…
Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with…
Mason PEA from Hudbay suggests potential to double copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper…
Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC; US-OTC: AZMCF) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. The funds…
Nighthawk drills 5.5 metres of 207.18 g/t gold at Treasure Island
Assay results from 2020 drilling at the Colomac deposit and Treasure Island zone at Nighthawk Gold’s (TSX: NHK; US-OTC: MIMZF) Indin Lake gold property in the Northwest Territories suggest potential…
QC Copper to buy 50% share in ‘strategic’ Roger project in Quebec
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) to add a 50% share of the Roger copper-gold project…
Rusoro to pursue $1.5B award against Venezuela following French Supreme Court ruling
The French Supreme Court, the Cour de Cassation, overturned a decision by the Paris Court of Appeal which had annulled part of the damages portion of the arbitral award granted…
TSX Venture up, March 29-April 1
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce. Rusoro Mining rose 2¢ to…
US markets mixed, March 29-April 1
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30…
TSX rises in March 29-April 1 trading week
The S&P/TSX Composite Index rose 1.27% to 18,990.32 during the March 29-April 1 trading week. The S&P/TSX Global Mining Index climbed 1.34% to 104.02, and the S&P/TSX Global Base Metals…