TSX mixed, March 15-19
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index…
Canada
New Found Gold advances Queensway project in Newfoundland
Earlier this year New Found Gold (TSXV: NFG; US-OTC: NFGFF) said it plans to double its 2021 drill program to 200,000 metres and eight rigs at its flagship Queensway project…
Auteco to take majority stake in Pickle Crow gold project
Encouraged by positive results from its exploration program at the Pickle Crow gold project in northern Ontario, Australian junior Auteco Minerals (ASX: AUT) is planning to take a 51% interest…
Foran reports wide copper intervals from McIlvenna Bay
With a feasibility study underway for its McIlvenna Bay copper-zinc project in eastern Saskatchewan, developer Foran Mining (TSXV: FOM) has released assay results for two infill holes. The holes were…
Radisson hits 57.48 g/t gold at O’Brien project in Quebec
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has encountered more high-grade mineralization during a resource expansion drill program at its O’Brien gold project in northwestern Quebec, about halfway between the…
Surge updates resource for Berg deposit in B.C.
After acquiring the option to earn up to a 70% interest in the Berg property in central B.C. last December, Surge Copper (TSXV: SURG) has now updated a historic resource…
Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found…
Troilus steps out Southwest zone in Quebec
Ahead of an updated resource estimate and prefeasibility study due out in the second half of the year for its namesake project in north-central Quebec, Troilus Gold (TSX: TLG) has…
Great Bear hits gold in untested section of LP fault
Drilling targeting a mostly untested, 250-metre northwest section of the LP fault at Great Bear Resources’ (TSXV: GBR) Dixie project in Red Lake returned both high-grade gold and lower-grade intervals…
Kirkland Lake drills wide gold intervals outside Detour Lake resources
Drilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold’s (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing…
Evolution to acquire Battle North in $343M all-cash deal
Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered…
Marathon infills Berry zone ahead of resource estimate
With a resource estimate for the Berry zone at Marathon Gold’s (TSX: MOZ) Valentine gold project underway, the company recently released assay results from its 2021 drilling for seven holes…