US markets mixed, April 12-16
The Dow Jones Industrial Average rose 1.18% to finish the week at 34,200.67 and the S&P 500 fell 0.77% to 3,913.10. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50…
Silver
TSX up, April 12-16
The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index…
SilverCrest connects Babicanora veins at Las Chispas
As SilverCrest Metals (TSX: SIL; NYSE: SILV) prepares to put its Las Chispas project in Sonora, Mexico into production by the second half of 2022, latest infill and expansion drill…
Almaden case headed to Mexico’s Supreme Court
An appeal of an April 2019 lower court ruling that jeopardized Almaden Minerals‘ (TSX: AMM; NYSE-AM: AAU) Ixtaca gold-silver project in Puebla state – and the validity of Mexico’s mining…
HighGold Mining steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 16,418-metre, 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH; US-OTC: HGGOF) gold-polymetallic project in southcentral Alaska expand…
Eloro drill program continues to outline potential ‘world class’ silver-tin deposit in Bolivia
Eloro Resources (TSXV: ELO) has released results from five holes drilled at its Iska Iska silver-polymetallic deposit in southern Bolivia, where a 50,000-metre drill program is underway. Highlights from drilling…
Yamana invests $20.6M in Ascot
After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by…
Scottie to acquire AUX, merge Golden Triangle properties in BC
Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two…
Updated: Skeena releases new resource for Eskay Creek project
Skeena Resources (TSX: SKE; US-OTC: SKREF) released an updated resource estimate for the company’s flagship Eskay Creek gold-silver project. Located in the Golden Triangle district of northwestern British Columbia Eskay…
Troilus expands Southwest zone on strike and down-dip
Drilling at the Southwest zone, 2.5 km southwest of the main mineral corridor at Troilus Gold’s (TSX: TLG) project in Quebec has stepped out the 2019 discovery by over 400…
Mason PEA from Hudbay suggests potential to double copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper…
Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC; US-OTC: AZMCF) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. The funds…