Empire project in Idaho shows new mineralization
Step out drilling to the east and west of the current resource at the Empire mine project in Idaho has intercepted previously unknown mineralization, its owners Phoenix Global Mining (LON:…
United States
TSX falls, Sept. 3-7
Canada’s benchmark index fell 1.06% to 16,090.27 during a shortened trading week. The S&P/TSX Global Mining Index fell 4.3% to 62.70 and the S&P/TSX Global Gold Index fell 2.9% to…
Aztec chases silver-zinc deposits at Tombstone
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) has started surface exploration at its newly optioned Tombstone silver-zinc district, 104 km southeast of Tucson, Arizona. The company is chasing multiple mineralization types,…
Allegiant extends mineralization at Eastside gold project
Allegiant Gold (TSXV: AUAU; US-OTC: AUXXF) has reported drill results for the remaining 13 holes of its 22-hole (8,000-metre) phase one resource expansion drill program at its 100%-owned, district-scale Eastside…
New Age Metals considers JV at Genesis
New Age Metals (TSXV: NAM; US-OTC: NMTLF) is seeking a joint venture partner to help develop its 100% owned Genesis palladium-platinum-nickel-copper located in the northeastern Chugach Mountains, 120 road km…
US Markets rise slightly, Aug. 20-24
U.S. markets swung upward, as gold gained 1.7% to end the trading week at US$1,205.30. The Philadelphia Gold and Silver Index rose 2.6% to 67.68 and the Dow Jones Industrial…
Trilogy Metals ‘likely takeover candidate’ says Cantor Fitzgerald
Cantor Fitzgerald has raised its target price on Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) to US$3.50/C$4.50 per share from US$3.00/C$3.75 per share following a recent site visit of the company’s…
McEwen extends El Gallo 12 years with new PEA
McEwen Mining (TSX: MUX; NYSE: MUX) has tabled a new preliminary economic assessment (PEA) that extends the life of its El Gallo gold-silver complex in Mexico by 12 years with…
Cordoba Minerals invests in Bell Copper’s Kabba project
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) plans to earn an 80% interest in Bell Copper’s (TSXV: BCU) Kabba porphyry copper project in northwestern Arizona by investing $200,000 via a private…
Bayhorse samples historic silver mine in Oregon
Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) is sampling and surveying its historic Bayhorse silver mine in Oregon as it prepares to release a new technical report on the project. The…
Maverix adds McCoy-Cove royalty to previously acquired Newmont portfolio
Maverix Metals (TSXV: MMX; US-OTC: MACIF) has acquired a 1.5% net smelter returns royalty on the McCoy-Cove gold project in Nevada that was originally supposed to be a part of…
Alio Gold halts work on Ana Paula, misses guidance
Raymond James has cut its target price on Alio Gold (TSX: ALO; NYSE-AM: ALO) from $4.50 to $1 per share, and downgraded the company from “market perform” to “underperform” due…