Marathon Gold a strong acquisition candidate, CIBC says
Research analysts at CIBC see Marathon Gold (TSX: MOZ) as a “top take-out target” due to its advanced stage Valentine gold project in central Newfoundland, and believe construction on the…
Canada
Denison to sell GoviEx shares and warrants
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48¢ per share to one of the junior…
Wallbridge hits gold on first drill hole at Casault in Quebec
The first reported hole of thirteen drilled this summer into exploration targets on the Casault property in northwestern Quebec returned 2 metres grading 6.85 grams gold per tonne starting from…
NorZinc posts PEA for Prairie Creek with extended life, higher throughput
NorZinc (TSX: NZC; US-OTC: NORZF) has released a new preliminary economic assessment (PEA) for its 100%-owned Prairie Creek zinc-lead-silver project 200 km west of Fort Simpson in the Northwest Territories….
UPDATED: Monarch Mining expands gold mineralization at its McKenzie Break property
Monarch Mining (TSX: GBAR; US-OTC: GBARF) has discovered shallow gold mineralization 1 km south of its McKenzie Break deposit in Quebec, about 35 km north of Val-d’Or. The new discovery…
Barrick Gold says mining at Pueblo Viejo would end without TSF
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest producer of the precious metal, warns that mining at its Pueblo Viejo operation in the Dominican Republic could finish this year if a new tailings storage facility…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Maritime Resources drills 160 grams gold at Hammerdown in Newfoundland
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits….
Frontier Lithium produces battery-quality lithium hydroxide
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has produced battery-quality lithium hydroxide monohydrate from the PAK deposit, part of the PAK lithium project in northwestern Ontario, 175 km north of Red…
FPX Nickel makes high-grade, near-surface discovery with first holes at Van target
FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km…
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states. The market…
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…