QMX drills Bonnefond gold project in Quebec
Infill drilling at QMX Gold’s (TSXV: QMX) Bonnefond deposit, near Val d’Or, Que., continues to hit strong intercepts as the company prepares a resource update to be released this summer….
2020
Mining exploration spending to drop 29% this year
The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending. According to a new report by…
Rockcliff hits near-surface copper and zinc at Freebeth in Manitoba
Phase one drilling at Rockcliff Metals’ (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over 2 metres and 4% copper-equivalent…
Kirkland Lake Gold invests in Melkior Resources
Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp…
Cypress releases study on Clayton Valley lithium project in Nevada
With an initial US$493-million investment, Cypress Development‘s (TSXV: CYP) Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to…
Canada Nickel discovers PGM zones at Crawford
Canada Nickel Company (TSXV: CNC) has discovered two new palladium-platinum zones and extended nickel mineralization at its wholly owned Crawford nickel-cobalt project located in the Timmins-Cochrane mining camp, 40 km…
Caldas Gold to acquire Juby gold project in Ontario
Colombia-focused Caldas Gold (TSXV: CGC) is casting its eyes on Canada with plans to acquire the Juby gold project, 11 km southeast of the Timmins gold camp in Ontario in…
US uranium output shrinks 89% in 2019
U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA). This also represents…
Danakali closer to getting Eritrea potash project off the ground
Australia’s Danakali (LSE: DNK) is in the final stages of completing the second phase of development of its world-class Colluli potash project in Eritrea, Africa. The front-end engineering design (FEED),…
Eric Sprott boosts ownership in Dolly Varden Silver
Mine financier Eric Sprott is increasing his stake in Dolly Varden Silver (TSXV: DV; US-OTC: DOLLF) to 19.9% — buying 7 million common shares of the company in a private…
Rio Tinto drills Janice Lake copper-silver project in Saskatchewan
Following up on a positive 2019 exploration program, Rio Tinto (NYSE: RIO; LSE: RIO) is planning 2,000 metres of drilling, plus mapping, prospecting and geophysical surveys this year at the…
Barrick, Japan Gold kick off exploration program
Barrick Gold (TSX: ABX; NYSE: GOLD) and Japan Gold (TSXV: JG) have begun their joint exploration program in the Asian country under an alliance formed in February, which seeks to…