Mayfair Gold shares climb on Fenn-Gib drilling
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) shares rose this morning on the latest drill results from the company’s flagship Fenn-Gib project in northeast Ontario, as it works toward a prefeasibility…
Canada
Nunavut rise in exploration spending masks North’s lack of competitiveness, says mining chamber
Nunavut will see the highest proportional increase in exploration spending in Canada this year, according to data released last week by Natural Resources Canada (NRCan). Exploration will rise 95% —…
Canada approves Marathon palladium mine environmental plan
The federal government has approved Generation Mining’s (TSX: GENM) Marathon palladium-copper project’s environmental assessment, as part of a country-wide strategy that seeks to boost production of metals and minerals considered…
Strategic Metals reports high-grade copper, cobalt and gold mineralization in Yukon
Strategic Metals (TSXV: SMD) has announced high-grade results from its Batt property in southwestern Yukon. Its wholly-owned site covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein and fracture hosted,…
Fireweed Metals increases Lundin-backed financing, stock hits 52-week high
Due to strong investor interest, Yukon-focused critical minerals explorer Fireweed Metals‘ (TSXV: FWZ; OTC: FWEDF) says it will increase its previously announced financing to about $35 million. Earlier in the…
Fate of Barrick’s US$7B project in Pakistan to be decided next week
Barrick Gold (NYSE: GOLD; TSX: ABX) will hear next week whether it can proceed with its US$7-billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and…
Endeavour updates Ity resource as more discoveries beckon
Endeavour Mining (EDV; LSE: EDV; US-OTQX: EDVMF) says it is likely to discover 3.5 to 4.5 million indicated oz. gold at the cornerstone Ity mine in Côte d’Ivoire by 2025….
Cassiar Gold drilling returns promising grades, thickness at Taurus
The latest results from drilling at Cassiar Gold’s (TSXV: GLDC; US-OTCQX: CHLCF) Taurus deposit in the Cassiar North area of northern B.C., confirm the project’s bulk-tonnage potential, the Calgary, Alta.-based…
New Found’s Queensway drilling lifts explorer back into billion-dollar territory
New Found Gold‘s (TSXV: NFG) high-grade Queensway project in central Newfoundland may be fundamentally altered after surprising drilling results from a zone it nearly dismissed. This week the Vancouver-based…
Murchison shares surge on best results yet from central Quebec nickel project
Shares in Murchison Minerals (TSXV: MUR; US-OTC: MURMF) shot up 50% Tuesday on near-surface, high-grade drill results from its Haut-Plateau de la Manicouagan (HPM) nickel property in Quebec. The explorer…
HighGold stock rises on best intersection drilled at JT deposit in Alaska
HighGold Mining (TSXV: HIGH, US-OTC: HGGOF) has reported assay results from four infill and expansion drill holes completed at the JT deposit, part of the company’s Johnson Tract polymetallic project…
Osisko’s Windfall feasibility shows robust 306,000 oz per year gold producer
Osisko Mining (TSX: OSK) has delivered a positive feasibility study for its high-grade Windfall gold project in Quebec that outlines average annual production of 306,000 oz. of gold over a…