China question clouds Nunavut road-to-port plan
A Chinese state-backed miner owns the remote Izok Corridor in Nunavut, one of the richest zinc deposits in the world, and the Canadian government has provided some financing for the…
Exploration
$1B Senegal gold project lifts Fortuna’s Africa growth
A feasibility study for Fortuna Mining’s (TSX: FVI; NYSE: FSM) open pit Diamba Sud gold project in Senegal almost doubles its value, increases mine life and establishes probable reserves over…
Koryx Copper wins analyst support after Namibia assays
Analysts at BMO Capital Markets and Red Cloud Securities say Koryx Copper (TSXV: KRY; US-OTC: KRYXF) is rapidly emerging as one of Africa’s more attractive red metal development stories after…
Bunker Hill rebuild ships first Idaho ore, eyes silver
Bunker Hill Mining (TSX: BNKR; US-OTC: BHLL) has started feeding ore through its rebuilt Idaho mill, moving the historical Silver Valley mine from construction to ramp-up after six years of redevelopment. The…
Freeman Gold triples Lemhi value, builds 1M oz reserve
A feasibility study for Idaho-focused Freeman Gold‘s (TSXV: FMAN; US-OTC: FMANF) Lemhi project raises its value threefold, increases mine life and establishes 1 million oz. of gold reserves compared to…
Fitzroy drills 1.7% copper, expands Chile program
Fitzroy Minerals (TSXV: FTZ; US-OTC: FTZFF) has intersected strong copper grades at its Buen Retiro project in northern Chile and expanded its drill program as it continues to define a…
Integra grows reserve 74% at Florida Canyon gold mine
An updated feasibility study for Integra Resources’ (TSXV: ITR; NYSE-A: ITRG) producing Florida Canyon mine in Nevada raises the gold output, reserves and mine life and more than quadruples its…
Revival’s Idaho drilling may shift gold growth plan
Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) high-grade Joss zone in Idaho could move ahead of the Beartrack-Arnett heap leach restart in the development sequence after drilling added 240 metres of…
First Majestic wins permits for Santa Elena expansion
First Majestic Silver (TSX, NYSE: AG) has secured construction permits for two new underground portals at its Santa Elena mine in Mexico and will spend an additional $12 million (C$17…
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…
Heliostar drilling suggests ‘big prize’ at $426M value Ana Paula gold project
Drilling by Mexico-focused Heliostar Metals (TSX-V: HSTR) at its Ana Paula project supports the conversion of inferred mineralization to stronger categories in a feasibility study targeted for next year. Shares…
Wesdome increases reserve base to support production through 2033
Wesdome Gold Mines (TSX: WDO) has extended the operating life of both of its mines to eight years after updating their reserve estimates, which it says provide the foundation for sustained…