Is there smoke at Pickle Crow…
Kevin Keough likes to say that the “universe is unfolding as it should” at PC Gold’s (PKL-T) Pickle Crow property in northwestern Ontario.
Gold
Canarc snags Relief Canyon
An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
Seafield posts more results from Colombia
Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…
Gold hits lift Rainy River, Northern Superior
Joint-venture partners Rainy River Resources (rr-v) and Northern Superior Resources (sup-v) have pulled a significant discovery hole from Target 3 at the TPK gold project in northern Ontario. Hole 4 hit 13.5 metres grading 25.87 grams…
Tahoe raises $352M for Escobal
Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
Broadway actor launches Sierra Leone gold explorer
With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over the last seven…
Galway raises $25M for Colombia
Galway Resources (gwy-v) has released several significant gold-silver hits from its California project in Colombia just as it announces a $25-million financing.The latest results come largely from the Pie de Gallo zone, a 300-metre-long…
Northern Rand pulls out of deal for Tanzanian permits
Land issues in Tanzania have become a more common theme as of late.
Northgate eyes underground potential of Kemess North
After 12 years of profitable operation, Northgate Minerals’ (NGX-T, NXG-X) Kemess South gold-copper mine in north-central British Columbia is shutting down. The large-scale open-pit mine will cease operating in February after ore reserves have…
Spanish Mountain Gold releases PEA
Marc Johnson, a mining analyst at M Partners in Toronto, initiated coverage of Spanish Mountain Gold (SPA-V) in the middle of December, less than a month after the junior released a preliminary economic assessment of its Spanish Mountain gold…
Golden Dawn looks to bring back the mining light to Greenwood
Golden Dawn Minerals (GOM-V) wants to breath mining life back into Greenwood B.C. for the third time. The small town of some 600 souls in south central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…
Kaminak to spend $15 million on exploration
With more than $21 million in cash, Kaminak Gold (KAM-V) has all the money it needs for an aggressive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.