Corvus tables maiden resource at Mother Lode
Corvus Gold (TSX: KOR; US-OTC: CORVF) has tabled a maiden resource estimate for its Mother Lode gold project in Nevada that incorporates all the results from its first two drill…
Gold
Northern Vertex becomes newest gold producer in US
Northern Vertex Mining Corp.’s (TSXV: NEE; US-OTC: NHVCF) open-pit heap leach Moss mine in Arizona has reached commercial production. The gold-silver mine is expected to produce an average of over…
Velocity to earn 70% interest in Rozino gold project with new PEA
Velocity Minerals (TSXV: VLC; US-OTC: VLCJF) recently tabled a preliminary economic assessment for its Rozino gold project in southeast Bulgaria and as a result will soon earn a 70% in…
RNC doubles strike length at Beta Hunt discovery
The most recent development work at RNC Minerals ’ (TSX: RNX) Beta Hunt mine in Australia has found a 43 kilogram rock specimen containing an estimated 1,100 ounces of gold…
Orla boosts gold recoveries in Panama
Orla Mining (TSXV: OLA; US-OTC: ORRLF) has increased gold recoveries at its Cerro Quema gold project in Panama with results from new metallurgical column tests — part of a larger…
Maritime posts first drill results after avoiding hostile takeover
Maritime Resources (TSXV: MAE; US-OTC: MRTMF) has tabled the final results from its 1,733 metre 2018 drill campaign at its Hammerdown gold deposit, part of its Green Bay property in…
Site visit: IDM keen on Red Mountain in Golden Triangle
STEWART, BRITISH COLUMBIA — Vancouver-based IDM Mining (TSXV: IDM; US-OTC: IDMMF) is steadily advancing its wholly owned Red Mountain gold project in northwestern British Columbia’s Golden Triangle region. “We are…
Palamina expands gold footprint at Veta
Palamina (TSXV: PA; US-OTC: PLMNF) is continuing to expand the Veta gold zone at its Coasa gold project in south eastern Peru. The company discovered high-grade gold at surface at…
Balmoral expands newly optioned Gargoyle property by 1,600%
In August, Balmoral Resources (TSX: BAR; US-OTC: BALMF) optioned the Gargoyle nickel property, 55 km northeast of Atikokan, Ontario. Just a few weeks later, it expanded Gargoyle 1,600% by staking…
Barkerville tests at Bonanza Ledge exceed expectations
Test mining of an initial 80,000 tonnes at Barkerville Gold Mines’ (TSXV: BGM; US-OTC: BGMZF) Bonanza Ledge underground gold mine in south central B.C. returned higher-than expected grades and confirmed…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
US markets edge lower, Sept. 3-7
The U.S. Bureau of Statistics released its job report showing that the unemployment rate remained unchanged in August at 3.9%. Base metals were down during the trading week while spot…