TSX mixed, March 15-19
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index…
Gold
New Found Gold advances Queensway project in Newfoundland
Earlier this year New Found Gold (TSXV: NFG; US-OTC: NFGFF) said it plans to double its 2021 drill program to 200,000 metres and eight rigs at its flagship Queensway project…
Global Gold Exploration Snapshot: Eight companies on the move
With gold’s reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration, development and production space….
Auteco to take majority stake in Pickle Crow gold project
Encouraged by positive results from its exploration program at the Pickle Crow gold project in northern Ontario, Australian junior Auteco Minerals (ASX: AUT) is planning to take a 51% interest…
Foran reports wide copper intervals from McIlvenna Bay
With a feasibility study underway for its McIlvenna Bay copper-zinc project in eastern Saskatchewan, developer Foran Mining (TSXV: FOM) has released assay results for two infill holes. The holes were…
BeMetals starts PEA on South Mountain project ahead of resource update
With an updated resource for its past-producing zinc-silver-gold-copper South Mountain project expected in April, BeMetals (TSXV: BMET) has also started a preliminary economic assessment (PEA), which is scheduled for completion…
Radisson hits 57.48 g/t gold at O’Brien project in Quebec
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has encountered more high-grade mineralization during a resource expansion drill program at its O’Brien gold project in northwestern Quebec, about halfway between the…
Odds ‘n’ Sods: Why permitting matters
Permitting is a necessary evil in the mining business; drill pads, roads, trenching, water extraction — some countries require permits for literally every step of the exploration process, and to…
Roxgold extends mineralisation at Seguela in Cote d’Ivoire
Since its discovery in September 2020, the Koula deposit at Roxgold’s (TSX: ROXG; US-OTC: ROGFF) Seguela gold project in Cote d’Ivoire, 240 km northwest of Yamoussoukro, has “blown all our expectations…
Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says
A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found…
Troilus steps out Southwest zone in Quebec
Ahead of an updated resource estimate and prefeasibility study due out in the second half of the year for its namesake project in north-central Quebec, Troilus Gold (TSX: TLG) has…
Great Bear hits gold in untested section of LP fault
Drilling targeting a mostly untested, 250-metre northwest section of the LP fault at Great Bear Resources’ (TSXV: GBR) Dixie project in Red Lake returned both high-grade gold and lower-grade intervals…