Feds accept Taseko’s New Prosperity for review
The federal government has agreed to take a second look at Taseko Mines’ (TKO-T, TGB-X) gold-copper Prosperity project in central B.C., breathing new optimism into the beleaguered project.
Gold
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Int’l Tower Hill updates Livengood PEA
International Tower Hill Mines (ITH-T, THM-X) has updated its preliminary economic assessment of the Livengood deposit, about 110 km north of Fairbanks, Alaska, where drilling continues to expand the deposit. The company plans to complete a…
Sunward puts out major resource for Titiribi project
Vancouver – Sunward Resources (SWD-V) has added considerably to the gold resources at its wholly-owned Titiribi project in northwestern Colombia.
NovaGold boosts costs for Donlin in Alaska
NovaGold (ng-t, ng-x) has updated the cash it needs to build its joint-venture Donlin gold project in Alaska from US$4.5 billion to US$7 billion.
Fronteer ex O’Dea raising $20M for Blue Gold Mining
Vancouver – Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for a new company, Blue Gold Mining (BGX-V).
Santa Fe makes second bid for Columbus Silver
Vancouver – Almost a year after an all-share takeover was first proposed, Santa Fe Gold (SFEG-O) has struck a new deal for an all-cash takeover of Columbus Silver (CSC-V).
Discovery hole lifts Magellan
Magellan Minerals (MNM-V) discovered a new gold zone at its Cuiu Cuiu property in Brazil and the market took note. The new gold mineralization was found north of the Central zone and Magellan is calling the new zone “Central North”. The hole…
Riverside and partners busy drilling four properties at once
Riverside Resources (RRI-V) is hoping its “shared-risk business model” will soon return dividends to shareholders in the form of a significant mineral discovery. The company currently has four drill programs running at the same time in two…
A new zone at Seabee doesn’t disappoint Claude
Just three months after discovering the L62 zone at its Seabee gold mine in northern Saskatchewan, Claude Resources (CRJ-T, CGR-X) has outlined a strike length for the zone of 75 metres, a dip length of 300 metres and has decided to add another…
Barrick finds two new gold zones in Nevada
As Barrick Gold (ABX-T, ABX-N) continues to step up its exploration efforts at Cortez, Turquoise Ridge and Ruby Hill projects in Nevada, it has uncovered two new gold discoveries.
Roxgold and Riverstone hit high grade in Burkina
High grade intercepts at Roxgold (ROG-V) and Riverstone Resources (RVS-V) Yaramoko gold concession in western Burkina Faso attracted a lot of attention but did little to raise the company’s fortunes on the market. The companies released…