Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…
Exploration
Maritime expands Hammerdown gold as output nears
Canadian explorer Maritime Resources (TSX-V: MAE) said drilling at its Hammerdown project in Newfoundland and Labrador identified a new near-surface gold zone with “substantial” grades. The stock jumped. Hole HDGC-25-272…
Foran assays extend copper zone at McIlvenna Bay
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX; NYSE: B) is no longer…
Osisko Metals intersects 2% copper at Gaspé project
Drilling at Osisko Metals’ (TSX: OM) flagship Gaspé project in eastern Quebec returned results as high as 25.6 metres grading 2.19% copper, the company said. That result, in hole 30-1070 from…
Cassiar adds 7M indicated tonnes to Taurus resource
A resource update for Cassiar Gold’s (TSXV: GLDC; US-OTCQX: CGLCF) Taurus project in northern British Columbia has converted almost 20% of inferred tonnages to indicated over the initial estimate from…
Soma Gold drills high grades at Colombia mine
Drilling by Canada’s Soma Gold (TSXV: SOMA; US-OTC: SMAGF) at its Cordero mine in central Colombia returned a highlight result of 7.5 grams per tonne gold over six metres. That intercept,…
G2 Goldfields drills high grades in new area in Guyana
Drilling by G2 Goldfields (TSX: GTWO; US-OTC: GUYGF) has returned results as high as 13.5 metres grading 4 grams gold per tonne at the company’s New Oko discovery area in northeast…
Premier American to buy Nuclear Fuels in $31M deal
Premier American Uranium (TSXV: PUR, US-OTC: PAUIF) agreed to buy Nuclear Fuels (CSE: NF; US-OTC: NFUNF) to create one of the largest U.S. uranium explorers. Nuclear Fuels stock soared. Nuclear…
Aya Gold jumps on new Boumadine drill results
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) reported high-grade assays from its Boumadine polymetallic project in Morocco while extending mineralization. The stock surged. Highlight hole BOU-DD25-509 in the Imariren…
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth project in British Columbia. The…
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…