Palamina expands gold footprint at Veta
Palamina (TSXV: PA; US-OTC: PLMNF) is continuing to expand the Veta gold zone at its Coasa gold project in south eastern Peru. The company discovered high-grade gold at surface at…
2018
TSX Venture Exchange falls, Sept. 3-7
Gold Reserve rose 17¢ to $3.35 per share. The company recently received Venezuelan government bonds with an estimated market value of US$88.5 million as payment towards the December 2017 and…
Balmoral expands newly optioned Gargoyle property by 1,600%
In August, Balmoral Resources (TSX: BAR; US-OTC: BALMF) optioned the Gargoyle nickel property, 55 km northeast of Atikokan, Ontario. Just a few weeks later, it expanded Gargoyle 1,600% by staking…
Barkerville tests at Bonanza Ledge exceed expectations
Test mining of an initial 80,000 tonnes at Barkerville Gold Mines’ (TSXV: BGM; US-OTC: BGMZF) Bonanza Ledge underground gold mine in south central B.C. returned higher-than expected grades and confirmed…
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
US markets edge lower, Sept. 3-7
The U.S. Bureau of Statistics released its job report showing that the unemployment rate remained unchanged in August at 3.9%. Base metals were down during the trading week while spot…
Pure Gold on track to build Ontario’s next gold mine
Pure Gold Mining (TSXV: PGM) is on its way to finishing a definitive feasibility study (DFS) of its Madsen gold project in Ontario’s Red Lake district. Madsen is one of…
RNC finds multimillion-dollar gold nuggets at Beta Hunt
RNC Minerals (TSX: RNC) has found a 95-kilogram specimen of rock containing 2,400 oz. gold worth an estimated $4 million and another 65-kilogram specimen with an estimated 1,600 oz. gold…
Bluestone tables two new resources for Cerro Blanco
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has tabled a new resource estimate for its Cerro Blanco underground gold-silver project in Guatemala, upgrading resources to the indicated category and adding 308,000…
McEwen bolsters Black Fox with new resource
McEwen Mining (TSX: MUX; NYSE: MUX) has tabled a maiden resource for its Stock East gold deposit and an updated resource for its Froome gold deposit to go with numerous…
CIBC initiates coverage of Equinox Gold
CIBC has launched coverage of junior developer Equinox Gold (TSXV: EQX) with an outperform rating and a 12-18 month target price of $1.30 per share. The stock is currently trading…
BHP buys SolGold stake for US$35M
BHP Billiton (NYSE: BHP; LON: BLT) is acquiring a 6.1% stake in SolGold (TSX: SOLG; LON: SOLG), which is developing its Cascabel porphyry copper-gold project in Ecuador. BHP is buying…