Fortuna bets $71M on Latin America gold growth
Fortuna Mining (TSX: FT; NYSE: FSM) plans to invest $71 million (C$101 million) in Argentina and Peru this year as the Canadian precious metals producer targets higher gold output and…
gold
Osisko drilling extends Cariboo gold zones deeper
New drilling by Osisko Development (TSXV, NYSE: ODV) has extended high-grade gold zones at the Cariboo gold project in central British Columbia below the current resource envelope. Shares rose. Hole…
NexGold boosts Goldboro drilling as assays lift hopes
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) said it’s expanding drilling at the Goldboro project in Nova Scotia by one-third after new assays boosted confidence in the presence of near-surface mineralization….
Dakota Gold books high-grade assays at Richmond Hill
New drilling by Dakota Gold (NYSE-A: DC) at its Richmond Hill gold project in South Dakota has identified additional pockets of higher-grade mineralization within the mine’s planned open-pit development area….
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Newcore Gold tanks as Enchi prefeasibility disappoints
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) fell to its lowest level in 17 months after a prefeasibility study (PFS) for its Enchi project in Ghana delivered underwhelming economics despite underlying…
Alamos logs multiple high-grade hits at Island Gold
New drilling at Alamos Gold’s (TSX, NYSE: AGI) Island underground mine in northern Ontario has identified multiple high-grade areas across the property. Hole MX26-031 in the Island West Extension Zone…
Major Newmont mine Cadia halted after quake: report
Underground operations at Newmont’s (NYSE, ASX: NEM) Cadia gold mine in Australia -– one of the country’s largest mining operations — have been suspended for the second time in nine…
Endeavour Silver hints at mine-life extension in Mexico
New drilling by Endeavour Silver (TSX: EDR; NYSE: EXK) at its Terronera silver and gold operation in west-central Mexico produced high-grade results that highlight exploration potential beyond the existing mine…
Dakota Gold books 5.24g at Richmond Hill project
Developer Dakota Gold (NYSE-A: DC) said new drilling at its Richmond Hill oxide heap leach gold project in South Dakota delivered additional high-grade intercepts ahead of a prefeasibility study (PFS)…
Ero Copper sees resource growth potential in Brazil
New drilling at Ero Copper’s (TSX, NYSE: ERO) Furnas polymetallic project in northern Brazil has extended mineralization beyond the current resource model’s limits, reinforcing the potential for further growth at…
Meteorite may have ‘rained gold’ on Australia
An ancient meteorite impact in Western Australia’s Goldfields may have redistributed gold while leaving behind rare geological evidence of one of Earth’s violent collisions. Researchers led by former Curtin University…