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…
Articles by FREDERIC TOMESCO
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….
Study values Ontario graphite mine restart at $183M
A new economic study on a potential restart of Global Battery Materials’ (GBM) Kearney graphite mine in Ontario values the project at $183 million (C$260 million) and pegs future cash flow…
Ottawa invests up to $400M in Teck’s Trail plant for germanium output
Canada’s federal government is investing a potential $400 million as part of an $850-million total investment in Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Trail processing facility in British Columbia…
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….
BHP’s Jansen mine, a year away, faces crowded slot
BHP’s (NYSE, LSE, ASX: BHP) Jansen mine in Saskatchewan – at $15.3 billion (C$21.6 billion), the company’s biggest ever investment – will join a packed field when it enters production about…
British Columbia mining hampered by DRIPA ‘confusion’
West High Yield Resources (TSXV: WHY) corporate secretary Barry Baim is one of many mining executives active in British Columbia wondering when the legal fog surrounding Indigenous rights will dissipate. Despite…
Site visit: New Found pins Queensway plan on bigger mill
APPLETON, NFLD. – New Found Gold (TSXV: NFG; NYSE-A: NFGC) is counting on an expansion of its Pine Cove mill in Newfoundland and the development of the nearby Queensway project to cement its status as a…
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…
Faraday drilling expands Copper Creek potential
New drilling at Faraday Copper’s (TSX: FDY; US-OTC: CPPKF) Copper Creek, one of America’s largest undeveloped projects for the red metal, has identified broad zones of near-surface mineralization that could…
AbraSilver study quadruples Argentina project value
A definitive feasibility study for AbraSilver Resource’s (TSX: ABRA; US-OTC: ABBRF) Diablillos silver-gold project in Argentina quadruples the open-pit mine’s projected value and cuts the payback period to less than…
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…