Gold Mountain up on Elk, financing
A junior led by Copper Mountain Mining’s (CUM-T) CEO, Jim O’Rourke, saw its shares jump as high as 50%, two days after it completed a qualifying transaction and a concurrent financing.
Canada
New starter pit at Gold Canyon’s Springpole?
Gold Canyon Resources (GCU-V) has pulled in more stellar drill results at its Springpole gold project, situated 110 km northeast of northwestern Ontario’s Red Lake gold camp. And this time they come from a less-heralded part of the property.
Alexis has high hopes for Manitoba assets
Alexis Minerals (AMC-T) is looking to make a comeback.
Unforgiving Goderich tornado kills one miner
It may take years to rebuild Goderich, Ont., after a severe tornado ripped through the picturesque town on the eastern shore of Lake Huron, leaving one dead, 37 injured, and massive damage.
Goldbrook keeps 25% of Nunavik
A potentially lucrative partnership that turned sour and then to the courts is a step closer to resolution, after an arbitration panel ruled that Goldbrook Ventures (GBK-V) has the right to a 25% stake in Jien Canada Mining’s Nunavik nickel…
Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of a feasibility study of its Roche Bay iron project on the Melville Peninsula in Nunavut.
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Feds accept Taseko’s New Prosperity for review
Vancouver – The Federal Government has agreed to take a second look at Taseko Mines’ (TKO-T) gold-copper Prosperity project in central British Columbia, breathing new optimism into the beleaguered project.
Treasury Metals gets solid results out of Goliath
Treasury Metals’ (TML-T) quest to add significant tonnage to its resource estimate got a boost from recent drill results at the Goliath Gold project in Northwestern Ontario. While the company is drilling the better understood Eastern zone, it…
Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kue diamond project in Canada’s Northwest Territories.
Balmoral deepens zone at Martiniere West
Vancouver – Balmoral Resources (BAR-V) continues to establish and deepen a high-grade gold structure at its Martiniere West target along the Detour-Sunday Lake deformation zone in central Quebec.
Victory pushes Minago closer to development
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.