Sitka finds new high-grade zone at RC gold
Sitka Gold (TSX-V: SIG; US-OTC: SITKF) said drilling in a new section of its RC property in the Yukon yielded several instances of near-surface high-grade gold. The stock surged. Hole…
Exploration
Omai Gold discovery extends depth of Guyana deposit
Omai Gold Mines (TSXV: OMG; US-OTC: OMGGF) said new drilling at its namesake project in Guyana has extended the past-producing site’s Wenot deposit to new depths, opening the door to a…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
Barrick starts review to boost predictability, safety
Barrick Mining (TSX: ABX; NYSE: B) says it’s reviewing operations to curtail unplanned downtime and improve worker safety as the Canadian miner shifts its focus to North America. Toronto-based Barrick is…
Montage boosts resource at Côte d’Ivoire’s Koné project
Canadian mine developer Montage Gold (TSX: MAU, OTCQX: MAUTF) says an exploration update for its Koné project in Côte d’Ivoire shows increases in both indicated and inferred resources since the…
Kazakhstan, US sign critical minerals pact
Kazakhstan, the world’s biggest uranium producer, has signed a memorandum of understanding with the United States government in the field of critical minerals. The document was signed by Yersayin Nagaspayev,…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects tied to the production of…
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
Ontario fast-tracks Frontier Lithium’s PAK
Frontier Lithium’s (TSXV: FL; US-OTC: LITOF) $943-million capex PAK project is Ontario’s first entry in a program to approve mines in two years. Provincial Energy and Mines Minister Stephen Lecce…
AbraSilver logs new high-grade gold hits at Diablillos
AbraSilver Resource (TSX: ABRA; US-OTC: ABBRF) said new drill results at its flagship Diablillos project in northwestern Argentina have expanded the high-grade gold zone east of the Oculto deposit. “Numerous”…
Site visit: Maple works to boost resource in Quebec
Kiran Patankar cracks a grin as he points towards the boreal forest that stretches as far as the eye can see. “When you’re up here the first thing that strikes…