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…
Zinc and Lead
JV Article: Osisko Metals’ Pine Point on track to be a major source of clean, high-grade zinc concentrate
Osisko Metals’ (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has “all the ingredients you want for an outstanding base metals project,” says the company’s Chairman and…
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…
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…
Cantex hits more high grade massive sulphide at North Rackla
Cantex Mine Development (TSXV:CD) says drilling continues to define a high grade lead-zinc-silver system at the North Rackla project in Yukon. The system is said to have similarities to Broken…
Falco updates feasibility on low cost Horne 5 gold project
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the…
TSX Venture down, March 15-19
The S&P/TSX Venture Composite Index rose 1.38% to finish the trading week at 995.80. Spot gold declined by US$17 per oz., or 0.98%, to US$1,744.90 per ounce. Great Bear Resources jumped $1.64…
Foran reports wide copper intervals from McIlvenna Bay
With a feasibility study underway for its McIlvenna Bay copper-zinc project in eastern Saskatchewan, developer Foran Mining (TSXV: FOM) has released assay results for two infill holes. The holes were…
BeMetals starts PEA on South Mountain project ahead of resource update
With an updated resource for its past-producing zinc-silver-gold-copper South Mountain project expected in April, BeMetals (TSXV: BMET) has also started a preliminary economic assessment (PEA), which is scheduled for completion…
Nonferrous metals exploration budget down by 11% in 2020 – S&P report
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.
Sphinx buys former New Calumet zinc-lead-silver mine
Sphinx Resources (TSVZ:SFX) is buying 100% interest in the former New Calumet zinc-lead-silver mine in the Pontiac district of Quebec, about 10 km northwest of Bryson. The property, consisting of…