US markets fall, August 16-20
The Dow Jones Industrial Average fell 395.3 points or 1.11% to 35,120.08 and the S&P 500 lost 26.33 points or 0.59% to finish the trading week at 4,441.67. Spot gold…
Gold
TSX down, August 16-20
The S&P/TSX Composite Index fell 179.1 points or 0.87% to finish the August 16-20 trading week at 20,339.00. The S&P/TSX Global Mining Index dropped 7.48% to 100.51 and the S&P/TSX…
Roscan reports high-grade results from Kandiole project
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has released a new batch of drill results from its Kandiole project in Mali, about 400 km west of the nation’s capital, Bamako, and…
PFS for Newcrest’s Cadia PC1-2 delivers attractive economics
Newcrest Mining (TSX: NCM; ASX: NCM) has delivered a prefeasibility study for its Cadia underground gold mine expansion. The mine, in New South Wales, Australia, produces gold doré and gold-rich…
Montage Gold says new indicated Koné resource ‘exceeded objective’
Orca Gold (TSXV: ORG) subsidiary Montage Gold (TSXV: MAU; US-OTC: MAUTF) has exceeded its exploration objective at the Koné gold project in Côte d’Ivoire with 100% resource conversion and resource…
Vizsla Silver guides for a September Panuco project restart
Pending continued improvement in regional health statistics, Vizsla Silver (TSXV: VZLA) plans a staged restart of drilling activities on September 1 at its Panuco silver-gold project in Sinaloa state, Mexico….
Great Bear starts Phase 2 drilling at Dixie
Canada’s Ontario has rescinded a work suspension order in place over great swathes of the province in the wake of wildfire activity since July 21, allowing Great Bear Resources (TSX:…
SSR advances Ardich deposit near Copler gold mine towards first reserve estimate
Drilling at SSR Mining‘s (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Ardich gold deposit in Turkey has returned strong results as the company plans an initial reserve estimate slated for next…
Unigold intersects high grade outside resource envelope at Candelones project
Drilling in a new zone to the west of the Candelones Extension deposit has yielded a 16 metre intercept grading 10.78 grams gold per tonne, 68.9 grams silver per tonne,…
New Found Gold to raise $50M for exploration at Queensway, Lucky Strike
New Found Gold (TSXV: NFG; US-OTC: NFGFF) is to issue 4.4 million flow-through common shares of the company at a price of $11.39 each to fund exploration at its Queensway…
Troilus Gold drills more high grade in Quebec
It’s only been a year and a half since Troilus Gold (TSX: TLG; US-OTC: CHXMF) began drilling in the Southwest Zone at its namesake Troilus gold project, about 170 km…
Mayfair Gold reports highest grade intercept at Fenn-Gib
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres at its flagship Fenn-Gib project in northeastern Ontario,…