Former CEO altered Wawa gold assays, Red Pine says
Shares in Red Pine Exploration (TSXV: RPX, US-OTC: RDEXF) plunged 30.4% Friday on news the company believes its former CEO was behind “unauthorized manipulation” of assay results from its Wawa…
Gold
Omineca restarts output at Canada’s only underground placer mine with 10-oz haul
Omineca Mining and Metals (TSXV: OMM; US-OTC: OMMSF) says it’s begun processing gold-bearing gravel again at its Wingdam paleoplacer project in British Columbia. The company recovered 10.25 oz. of coarse,…
Montage Gold receives environmental OK for Koné build
Africa-focused Montage Gold (TSXV: MAU; US-OTC: MAUTF) says it’s received all environmental approvals for the development of its US$712-million Koné project in Côte d’Ivoire, with its mining permit expected to…
JV Video: Cascadia drills for more high-grade porphyries in BC and Yukon
Barely a year old, Cascadia Minerals (TSXV: CAM) found almost immediate success with its high-grade copper and gold results in Yukon. “To be able to hit a copper-gold porphyry on…
U.S. Gold surges after obtaining Wyoming mining permit
U.S. Gold (Nasdaq: USAU) surged on Wednesday after the company said the Wyoming Department of Environmental Quality issued the surface mining permit for the CK gold project, a key milestone….
B2Gold’s Goose project slightly behind schedule
The open pit and underground development at B2Gold‘s (TSX: BTO; NYSE: BTG) Goose project in Nunavut is running slightly behind schedule, with first gold delayed from the first quarter of…
Sierra Metals converts resources to reserves for Peru, Mexico mines
A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves. Yauricocha,…
Angus scores high-grade gold find west of historic resources near Wawa
Angus Gold (TSXV: GUS; US-OTC: ANGVF) reported Tuesday the discovery of a new high-grade zone featuring a result of 7 grams gold per tonne over 12.4 metres, its best gold…
Panthera Resources overhauls project ownership in Mali and Nigeria
Africa-focused Panthera Resources (AIM:PAT) is reshuffling its ownership stakes in three mining projects in Nigeria and one in Mali to increase its exposure to gold. The company said on Tuesday…
Regis Resources to expand gold production with two new mines
Australian gold miner Regis Resources (ASX: RRL) has greenlit construction of two new underground mines, forecast to deliver between 100,000 oz. and 120,000 oz. of the precious metal per year…
Red Pine confirms Wawa gold assays after reported ‘inconsistencies’; stock rebounds
Red Pine Exploration‘s (TSXV: RPX, US-OTC: RDEXF) stock rose on Monday after the explorer said an investigation into past assay results from its Wawa gold project in Ontario found no…
Grid Metals increases resource by a third at MM copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated open pit resources…