Rubicon begins PEA for Phoenix
After a 20,000-metre drill program last year at its Phoenix project in Red Lake, Ont., Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has increased measured and indicated resources by 110% to…
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RNC buys option on Westgold’s Higginsville in Australia
RNC Minerals (TSX: RNX; US-OTC: RNKLF) has entered an A$50 million purchase option agreement with Westgold Resources (ASX: WGX; US-OTC: WTGRF) to buy the Higginsville Gold Operation in Western Australia’s…
Gold Standard Ventures hits thick intervals of oxide gold at Dark Star
Reverse circulation (RC) drilling to the north of the Dark Star deposit at Gold Standard Ventures’ (TSX: GSV; NYSE-AM: GSV) Railroad Pinion project in Nevada’s Carlin Trend has intersected thick…
Amarillo Gold reinterprets Posse deposit with new resource model
Amarillo Gold (TSXV: AGC; US-OTC: AGCBF) has used a new resource model to reinterpret the Posse gold deposit and update the resource estimate for its Mara Rosa gold project in…
Argo confirms historic grades at Woco in Ontario
Initial results from Argo Gold’s (CNSX: ARQ; US-OTC: ARBTF) 2,500-metre winter drill program at its 100%-owned Woco gold project near Ontario’s Red Lake district have confirmed high-grade results reported by…
Bluestone hits more high-grade near Cerro Blanco in Guatemala
An infill drill program designed to upgrade inferred resources at Bluestone Resources‘ (TSXV: BSR; US-OTC: BBSRF) Cerro Blanco project in Guatemala has returned intercepts of 201.4 grams gold per tonne…
Fortuna Silver backs Medgold’s Tlamino project in Serbia
Medgold Resources (TSXV: MED; US-OTC: MGLDF) will drill 5,000 metres at its Tlamino gold project in southern Serbia in 2019, fully funded by Fortuna Silver Mines (TSX: FVI). Fortuna can…
Eastmain extends gold zone at Percival in Quebec
A new hole, drilled 150 metres east of recent discovery holes at Eastmain Resources’ (TSX: ER) Percival target in James Bay, Que., shows identical rock type and style of mineralization,…
Continental tables resource for Buritica’s BMZ1 in Colombia
Continental Gold (TSX: CNL; US-OTC: CGOOF) has announced a discrete resource estimate for the Broad Mineralized Zone 1 (BMZ1) in the central-west portion of the Yaragua system at its Buritica…
Kinross takes 9.7% stake in Wolfden
Kinross Gold (TSX: K; NYSE: KGC) has acquired 12.5 million shares of Wolfden Resources (TSXV: WLF) at 20¢ each for $2.5 million, resulting in a 9.7% stake in the junior…
Equinox upgrades resources at Aurizona and Mesquite
Equinox Gold (TSXV: EQX; US-OTC: EQXFF) has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the…
BMO cuts Vale production estimates after additional mine closure
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the miner’s Brucutu mine,…