Woulfe scopes Muguk’s charm
Woulfe Mining (WOF-V), pleased with an initial resource at the Muguk gold-silver project in South Korea, has started a scoping study at the past-producing mine.
Silver
Trevali opens Halfmile mine in NB
Trevali Mining (TV-T) has kicked off the new year by transitioning from a development-stage company to a producer, by starting up the Halfmile polymetallic massive sulphide mine near Bathurst, N.B.
Inmaculada project looking good for Hochschild and Int’l Minerals
International Minerals (IMZ-T) has received a positive feasibility study for its 40%-owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz. gold-equivalent…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
Brixton cuts mega-intercept at Thorn in BC
Brixton Metals (BBB-V) has pulled a whopper of an intercept from the Thorn project in northwest B.C., hitting 95 metres grading 904 grams per tonne silver equivalent from near surface.
Randy Turner’s Independence Gold advancing 19 properties in B.C., Yukon
With $15 million in the till, newly listed Independence Gold (IGO-V) is looking to recreate past success in B.C. and the Yukon while searching for gold and silver. The company was spun out of Randy Turner’s former Silver Quest Resources on Dec….
Rockgate bulks up resources at Falea
Rockgate Capital (rgt-t) recently reported a 258% increase in the contained uranium resource in the measured and indicated category at the Falea project in western Mali.
Credit crunch no problem for Quartermain’s Pretium
Robert Quartermain’s Pretium Resources (PVG-T, PVG-N) has started the new year with a bang, announcing plans on Jan. 19 to raise $18.5-million in flow-through funds at $18.50 a share. The bought-deal financing led by Salman Partners represents…
Exeter completes Caspiche prefeasibility
The Caspiche project in northern Chile’s Maricunga gold district has a pre-tax net present value at a 5% discount rate of US$2.8 billion and a pre-tax internal rate of return of 11.5%, according to Exeter Resource’s (XRC-T, XRA-X)…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several new high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
New royalties rattle Gabriel investors
Investors in Gabriel Resources (GBU-T) were hit by post-holiday blues after the Romanian government announced that it would be doubling royalties on gold production in the country.
Haywood honcho Tognetti spends $2.4M on more Mirasol shares
Argentina-focused silver explorer Mirasol Resources (MRZ-V) has received a welcome show of support from its largest shareholder, John Tognetti, who bought $2.4-million worth of shares and warrants as part of a $13.2-million private placement in…