Probe Metals hikes resource estimate
Probe Metals (TSXV: PRB; US-OTC: PROBF) has released an updated resource estimate for its Val-d’Or East project in Quebec, 25 km east of Val-d’Or and 1.5 km west of the…
Gold
Monarch drills visible gold at Fayolle project in Quebec
The latest resource estimate for Monarch Gold’s (TSX: MQR; US-OTC: MRQRF) newly acquired Fayolle gold project in Quebec confirms the deposit’s high-grade, near-surface potential. Fayolle’s indicated resource now stands at…
Quebec Snapshot: Eight companies to watch
Mining companies spend an average of $8.5 billion a year in Quebec, and the industry generates $962 million annually for the provincial government, excluding corporate income taxes, according to the…
Bell Copper chases payoff from Perseverance
Tim Marsh likes to say that it took 150 drill holes to hit the high-grade core of the massive Oyu Tolgoi copper-gold porphyry deposit that made the Mongolian discovery economic….
Victoria Gold pours first gold at Eagle mine
Victoria Gold (TSXV: VIT) has started producing gold at its Eagle mine in the Yukon. Annual gold production is estimated at 200,000 oz. at an average all-in sustaining costs (AISCs)…
Integra completes ‘exceptional’ PEA on DeLamar in Idaho
A preliminary economic assessment (PEA) of Integra Resources’ (TSXV: ITR; US-OTC: IRRZF) DeLamar project in southwestern Idaho envisions a ten-year mining operation producing an average of 124,000 gold-equivalent oz. per…
Blockade resumes at Newmont Goldcorp’s Peñasquito mine
Newmont Goldcorp (TSX: NGT; NYSE: NEM) has temporarily halted operations at its Peñasquito mine in Mexico, following the resumption of an illegal blockade. This is the latest blockade to disrupt the mine since…
Revving up Greenland’s mineral production will take time
The MV Happy Dragon had just sailed into safe harbour at Charleston, S.C., when Hurricane Dorian forced the vessel back out to sea to await better weather. The cargo ship…
Osisko drills for Windfall’s ‘roots’
Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for…
Crystal Lake adds Rob McEwen as strategic investor
Crystal Lake Mining (TSXV: CLM; US-OTC: SIOCF) has completed the first tranche of a $1.5-million private placement, raising $1.4 million through issuing 4.8 million units at 30¢ apiece. Rob McEwen, chairman and chief…
Teranga’s Wahgnion mine processes ore ahead of schedule
Teranga Gold’s (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to…
Liberty Gold defines second high-grade zone at Black Pine
New drill results from Liberty Gold (TSX: LGD; US-OTC: LGDTF) have defined a second, high-grade zone of oxide gold mineralization at the company’s Black Pine project in Idaho. The mineralization was encountered…