Kirkland Lake sets 1.3-1.4 moz production target for 2021
Kirkland Lake is planning its largest exploration program at Fosterville since 2016.
Canada
Alamos expects Young-Davidson to drive gold output higher next year
Next year, producer Alamos Gold expects the Young-Davidson underground mine in Ontario, where a lower mine expansion was completed in July, to drive a 17% production increase over 2020 levels,…
Golden Sky drills 1.34 grams gold over 71.6 metres at Hotspot
Golden Sky Minerals (TSXV: AUEN) reports assays of six reverse circulation (RC) holes at its 100%-owned Hotspot property. A total of 568.45 metres were drilled at the Sure Bet zone,…
Dewatering begins at Omineca’s Wingdam project in BC
Dewatering has begun at the Wingdam underground placer gold project in the Cariboo Mining District in British Columbia. Owner Omineca Mining and Metals (TSXV: OMM) aims to use a ground…
Marathon signs deal with six communities for Valentine gold project
Co-operation agreements covering the Valentine gold project have been signed by Marathon Gold Corp. (TSX: MOZ) and six nearby central Newfoundland communities. Agreements have been signed with Buchans, Buchans Junction,…
Sabina expands Back River gold zones
As developer Sabina Gold and Silver prepares to release a feasibility study on its Goose mine gold project in Nunavut in the first quarter, the company has also released eight final drillhole…
Australian developer Wyloo to take up 22.5% of Noront shares
Noront Resources (TSXV: NOT) says it welcomes the investment in the company by Australian explorer and developer Wyloo Metals Pty Ltd. “We are delighted that Wyloo Metals has chosen to…
Cassiar drills 18.2 metres of 5.43 grams gold at Taurus in BC
Cassiar Gold has released the last of its drill results from its 2020 exploration campaign at its Cassiar gold project in northern B.C. The 24-hole program was designed to confirm the…
Victoria Gold reports initial results from Lynx target at Dublin Gulch in Yukon
Producer Victoria Gold has released its first exploration results from the Lynx target, which lies along the Potato Hills trend within its flagship Dublin Gulch gold property, also host to the Eagle…
Osisko Metals reports drill results from Pine Point
Osisko Metals (TSXV: OM; US-OTC: OMZNF) has released drill results from its 100%-owned Pine Point lead-zinc project in the Northwest Territories, about 60 km east of Hay River. Highlights from the…
Newcrest bets big on Greatland’s Havieron gold-copper project
It has also inked a farm-in and JV agreement with Greatland to access the latter’s Black Hills and Paterson Range East exploration licenses in the Paterson region of Western Australia.
US markets up, Nov. 23-Nov. 27
The Dow Jones Industrial Average rose 2.21% to finish the week at 29,910.37 and the S&P 500 climbed 2.27% to 3,638.35. Spot gold dropped US$67.30 per oz., or 3.62%, to…