Mayfair Gold (TSXV: MFG; OTC: MFGCF) has increased the resource at its Fenn-Gib project located in the Timmins region of northeast Ontario. The new resource is based on assay results from 61% (about 67,000 metres) of the company's current 110,000-metre infill and expansion drill program.Fenn-Gib now hosts a pit-constrained indicated resource of 118.1 million tonnes at 0.81 gram gold per tonne for...Read More
Denison Mines (TSX: DML; NYSE: DNN) says it has received positive test results from its in-situ uranium recovery process at the Wheeler River project in northern Saskatchewan's Athabasca basin, which it called 'historic.'The successful test marks one of the first uses in the high-grade basin of the in-situ (ISR) leaching method that separates uranium from ore underground and pumps the solution to...Read More
Canada's Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued at US$360 million.The Chinese miner will acquire Iamgold's 95% interest in Rosebel Gold Mines, which owns the Rosebel operation and a 70% participating interest in the Saramacca mine, a satellite for Rosebel.Zijin is also assuming Iamgold's eq...Read More
Don't let the title alarm you - the upcoming age of electric vehicles isn't being overshadowed by some bold, new technology.For now, Tesla owners are still safe. You aren't behind the curve quite yet.But according to Microcap Insider chief editor Alex Koyfman, there's a new development on the horizon that will fundamentally change the way we build all electric motors.It's not simply...Read More
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"Mining operations at the GC Mine were partially affected in August and September 2022 as the Company worked on improving ventilation and electric power facilities to comply with several new safetyRead More
Share this article VANCOUVER - Troilus Gold Corp. [TLG-TSX; CHXMF-OTCQX] reported positive assay results from the continuing 11,000-metre drill campaign at its 100%-owned Troilus project, north-central, Quebec, Canada, which aims to expand and identify higher-grade mineralization to the northern and southern extents of zone 87, the larger of two formerly mined pits.Results reported today are amon...Read More
With the rapid integration of renewable energy into the global power economy comes energy storage.Renewable energy critics are often critical of solar and wind energy due to their inability to provide baseload power the way coal or nuclear does.But with advancements in energy intelligence technologies and storage, baseload power is no longer integral to a stable, well-functioning electrical grid....Read More
Battle-weary investors who need a place to recuperate from the past months' harsh sell-off need look no further. One particular industry is famous for surviving the brunt of the recession while also handing back solid returns. It's all thanks to the magic of inelastic demand. There's a catch, though. Isn't there always? While a huge portion of the market is licking its wounds and playing conser...Read More
Sprung Structures was founded in 1887 and evolved into a major manufacturer of high-performance tension fabric buildings for multiple industries. The company developed and patented the stressed membrane structure, an innovative alternative to conventional construction utilizing architectural membrane panels placed under high tension within a non-corroding aluminum substructure.This technology is a...Read More
North-central Quebec-focused Troilus Gold (TSX: TLG; US-OTCQX: CHXMF) has announced the discovery of a new higher-grade gold zone to the northern and southern extents of Zone 87 (Z87), the larger of two formerly mined pits.To better define this potentially significant zone, the company decided to bypass the planned pre-feasibility study and shift its engineering focus to delivering a definitive fe...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it had achieved a significant legal milestone to proceed with the development of the giant Reko Diq copper-gold deposit in Pakistan, close to the borders of Iran and Afghanistan.During a four-day visit to the country, president and chief executive Mark Bristow held discussions with several stakeholders, which finished with all the documents neede...Read More
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.TNM Drill Down, Oct. 7-14, 2022.This week's top gold assay comes from Geopacific Resources' (ASX: GPR) Woodlark project in Papua New Guinea, where hole BUSDDH007 intersected 6 metres grading 300 grams gold...Read More
Element 29 Resources (TSXV: ECU) a Vancouver-based copper explorer with projects in Peru, has released its first resource estimates for the Elida project in the Andean nation, with an initial resource soon to follow from its Flor de Cobre project.Both properties were previously drilled and returned intercepts of potentially economic grades with low observed levels of deleterious elements like arse...Read More
Uranium Energy (NYSE: UEC) says it's building a "critical mass" of uranium projects in northern Saskatchewan's Athabasca basin, including the recent US$150-million purchase of Rio Tinto's (ASX: RIO) Roughrider project. The cash-and-shares deal last Wednesday came after UEC first entered Canada's premier uranium zone just three months ago with the $244-million purchase of UEX Corp. - besting Denis...Read More
Endeavour Mining (TSX, LSE: EDV) has kicked off construction at its 80%-owned Lafigu?(C) gold project in C??te d'Ivoire, which is expected to begin production in the third quarter of 2024.The $448 million project, located on the Fetekro property, adds to a long list of activities the London-based miner has undertaken this year. These include the Sabodala-Massawa expansion project in Senegal, and t...Read More