TSX mixed, June 7-11
The S&P/TSX Composite Index rose 0.55% to 20,138.35 during the June 7-11 trading week. The S&P/TSX Global Mining Index slipped 0.79% to 113.61, and the S&P/TSX Global Base Metals Index…
Gold
Gold Mountain speeds toward first production at Elk Gold in BC
Gold Mountain Mining (TSXV: GMTN; US-OTC: GMTNF) is on track for first production in October and first revenue in November at its Elk Gold project in British Columbia. The company…
Imperial drilling at Red Chris cuts 1.1 g/t gold, 1.1% copper
Imperial Metals (TSX: III) has released new drill results from the newly discovered East Ridge zone of the Red Chris copper-gold mine, 80 km south of Dease Lake in B.C….
JV Article: Red Pine Exploration reaches milestone with Wawa gold project consolidation
After Red Pine Exploration’s (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that…
Turmalina Metals intersects 4.3% copper at San Francisco project in Argentina
Drilling at Turmalina Metal’s (TSXV: TBX; US-OTC: TBXXF) San Francisco project in Argentina has returned high-grade copper mineralization from the San Francisco del Andes (SFdLA) breccia, one of more than…
Newcore shares surge on updated Enchi PEA
The Toronto-quoted shares of Canadian project developer Newcore Gold (TSXV: NCAU, US-OTC: NCAUF) surged nearly 15% this morning following an updated preliminary economic assessment (PEA) on the flagship Enchi project…
Nighthawk Gold extends Grizzly Bear at Indin Lake
Drilling at Nighthawk Gold‘s (TSXV: NHK) 930-sq.-km Indin Lake gold project, 200 km north of Yellowknife, has extended mineralization at the Grizzly Bear deposit ahead of a resource update expected…
Near-term catalysts in the works for Newcore Gold as Enchi’s district-scale potential beckons
Recent drill results from Newcore Gold’s (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company’s district-scale exploration opportunity in Africa’s top gold producing nation, president and CEO Luke…
Monarch plans 2022 restart for Beaufor gold mine
Monarch Mining (TSXV: GBAR; US-OTC: GBARF) plans to reopen its Beaufor mine and Beacon mill, 20 km east of Val-d’Or, Quebec, by next June. Currently on care and maintenance, Beaufor…
Kinross and S2 team up to find Finnish gold
Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold. The agreement covers…
Nordgold seeks listing in Moscow and London
Russian gold producer Nordgold is planning an initial public offering (IPO) of at least 25% of its existing shares in London, with a secondary listing in Moscow, as it seeks…
Foran weighs drill program expansion for McIlvenna Bay on results, $100M investment
Foran Mining (TSXV: FOM) is considering expanding the 30,000 metre drill program under way at its McIlvenna Bay project in Saskatchewan after receiving encouraging results and a deal with Fairfax…