Moneta finds new gold zone at Golden Highway
Toronto-based Moneta Porcupine Mines (TSX: ME; OTC: MPUCF) is up on strong assays from a hole drilled outside of the current resource at its 100% owned Golden Highway gold project in Timmins, Ont.
News
The age of paternalism is gone: Bob Rae
Progress is being made at the bargaining table on a framework agreement between the Matawa Tribal Council and the provincial government on advancing the Ring of Fire, said former Ontario premier Bob Rae, who represents the council in the…
PDAC: What turns a discovery into a mine?
Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the recent Prospectors & Developers Association of Canada’s annual…
Positive PEA for Maya’s Zgounder
VANCOUVER — A preliminary economic assessment (PEA) says Maya Gold & Silver (TSXV: MYA; US-OTC: MYAGF) should be able to restart at minimal cost the Zgounder silver mine in Morocco, which has been shuttered for 24 years.
Every hole a hit as Fission joins zones at PLS
VANCOUVER — Thirty-six holes into a 90-hole winter program, the five drill rigs at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project are batting 100% in their hunt for mineralization between the known…
Reservoir Minerals raising $33 million in double financing
VANCOUVER — Investment dollars may be hard to rustle up these days, but Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has a recipe for a raise: release an initial resource estimate for a flagship project containing 3.8 billion lb. copper…
Progress at North Bullfrog keeps Corvus shares climbing
VANCOUVER — It has been a good year so far for Corvus Gold (TSX: KOR). The company started out 2014 with almost $12 million in the bank, and has since released a raft of good drill results from its flagship North Bullfrog gold project in…
MBAC thriving in Brazil’s fertilizer sector
After a three-year decline, phosphate fertilizer prices are rising again. Prices for diammonium phosphate, the most commonly used fertilizer, have increased by 20% since bottoming last November, while prices for triple super phosphate have…
Columbus rises as Nordgold advances Montagne d’Or
VANCOUVER — What a difference a deal can make.
Denison rises on Wheeler River results, Japan nuclear news
VANCOUVER — Denison Mines (TSX: DML; NYSE-MKT: DNN) plans to complete 60,000 metres of drilling on 13 properties in 2014, and the first set of results suggest the company’s big plans could pay off.
Regulator approves Coalspur’s Vista
VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved…
Sabina boosts Back River resource
VANCOUVER — With an 83,000-metre drill program completed last year, Sabina Gold & Silver (TSX: SBB) has grown and upgraded the resource at its Back River gold project in Nunavut a few months before a feasibility study gets underway.