The Electrum Strategic Opportunities Fund has increased its interest in Nickel Creek Platinum (TSX: NPC; US-OTC: NCPCF) to 33.88% following the closure of the second tranche of a private placement.The mining-focussed private equity fund based in New York is part of the Electrum Group founded by billionaire Thomas Kaplan.The fund purchased nearly 21 million units at a price of 5 ? per unit, raising...Read More
Drilling at Talisker Resources' (CNSX: TSK; US-OTC: TSKFF) 42-sq.-km Bralorne gold project in British Columbia has returned high-grade gold from new veins as well as from existing structures.Of the three holes for which results were released, two returned high-grade intercepts. Hole 2020-004 was drilled around the past-producing Pioneer mine and returned 0.5 metre of 27.6 grams gold per tonne star...Read More
An updated preliminary economic assessment (PEA) for Lumina Gold's (TSXV: LUM; US-OTC: LMGDF) Cangrejos gold-copper project in southern Ecuador has added nine years to the mine life and improved economics while increasing the initial capex to US$1 billion from US$831 million.The extended mine life for the open pit project, in Ecuador's El Oro province, comes from increased resources at Cangrejos a...Read More
New Gold (TSX: NGD; NYSE-AM: NGD) is selling its Blackwater project in central B.C. to Artemis Gold (TSXV: ARTG) for $190 million in cash.Under the deal, New Gold will be paid $140 million upon closing and $50 million in 12 months. It will also receive a stream on 8% of the gold produced at Blackwater and $20 million in Artemis shares for a 9.9% stake in the company. The gold stream falls to 4% on...Read More
This week features Pierre Lassonde's final shareholder meeting as chair of Franco-Nevada, which took place on May 6, 2020. Lassonde discusses the founding of the company, the dramatic appreciation of the stock price since the IPO, and answers questions from shareholders. He remains chair emeritus at the company.All this and more with online editor Adrian Pocobelli.This week's Mining Minute feature...Read More
Drilling along the LP fault at Great Bear Resources' (TSXV: GBR) wholly owned Dixie gold project in Red Lake continues to return long intervals of high-grade gold mineralization.The most recent results include hole BR-133, which intersected 25 metres of 15.5 grams gold per tonne, and includes a higher-grade interval of 12 metres grading 30.51 grams gold per tonne. This is the widest, highest-grade...Read More
Maritime Resources (TSXV: MAE) has started a 10,000-metre diamond drill program at its 98-sq.-km Hammerdown gold project in Newfoundland and Labrador. This program will focus on testing prospective areas for new gold discoveries, growing the existing resource inventory and optimizing the mine plan outlined in a preliminary economic assessment (PEA) earlier this year."Our Hammerdown and Orion gold...Read More
Now every time 210,000 blocks are cleared, Vijay says, the value halves. So, after the first 210,000 blocks, it became 25 bitcoins; at 420,000 it became 12.5, and now at 6,30,000 it is 6.25.Read full newsRead More
June is busting out all over, so it's a good time to check out some compelling gold stocks.Read full newsRead More
(Kitco News) - Gold will climb to $1,900 an ounce come December, according to the Australia and New Zealand Banking Group (ANZ), which remains bul...Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - June 9, 2020) - Fenixoro Gold Corp (CSE: FENX) has recently mobilized a geophysical crew to...Read full newsRead More
Fission Uranium's latest corporate presentation, featuring information on the company's award-winning team and PLS project, as well as the uranium sector...Read full newsRead More
Northstar Gold Corp. announces a multi-faceted, $350,000 ground gRead full newsRead More
FireFox Gold Corp. is pleased to provide an update on its 2020 exRead full newsRead More
Precipitate Gold Corp. is pleased to announce it has commenced exRead full newsRead More
Adamera Minerals Corp. Adamera is expanding its 100% owned land hRead full newsRead More
Talisker Resources Ltd. is pleased to announce results from holesRead full newsRead More
Silver Viper Minerals Corp. is pleased to announce that, followinRead full newsRead More
The TSX stock market rallied from the low in March. What comes next?Specifically, the Canadian stock market marched 33% higher since the low, seemingly driven by the COVID-19 impact that was not as bad as we thought.Arguably, we will see the real repercussions of COVID-19 in the coming months.The market is also optimistic about businesses progressively reopening and effective COVID-19 vaccines tha...Read More
Eclipse Gold's Hercules gold project in Nevada. Image from Eclipse Gold. The first phase of drilling at Eclipse Gold's (CVE: EGLD) Hercules gold project in Nevada within the Walker Lane trend, 40 km southeast of Reno, has returned long intercepts of shallow gold in oxides.The drill highlights include 74.7 metres of 0.54 g/t gold and 4.78 g/t silver (0.6 g/t gold-equivalent) starting at surface...Read More