Empire project in Idaho shows new mineralization
Step out drilling to the east and west of the current resource at the Empire mine project in Idaho has intercepted previously unknown mineralization, its owners Phoenix Global Mining (LON:…
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Snapshot: Seven juniors advancing projects in Ontario
While Ontario remains the largest mineral producer in Canada, there remains a lively junior exploration and development scene across a wide variety of targets including gold, silver, cobalt and diamonds….
Commentary: Cobalt’s much-anticipated demise (not)
Historically, whenever a commodity appreciates to all-time highs, pundits and naysayers are quick to forecast its eventual demise. Having tripled in value within two years, cobalt is now (once again…
Maritime posts first drill results after avoiding hostile takeover
Maritime Resources (TSXV: MAE; US-OTC: MRTMF) has tabled the final results from its 1,733 metre 2018 drill campaign at its Hammerdown gold deposit, part of its Green Bay property in…
Site visit: IDM keen on Red Mountain in Golden Triangle
STEWART, BRITISH COLUMBIA — Vancouver-based IDM Mining (TSXV: IDM; US-OTC: IDMMF) is steadily advancing its wholly owned Red Mountain gold project in northwestern British Columbia’s Golden Triangle region. “We are…
Editorial: Worries of lithium oversupply dog market
There’s no better example of how unhinged the junior mining market can get than the last few releases in August from Toronto-based Desert Lion Energy in relation to its assets…
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…
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…