$25M raised by Eloro for Iska Iska exploration in Bolivia
Eloro Resources (TSX-V:ELO; OTCQX:ELRRF; FSE:P2QM) has raised $25 million for mineral exploration in Bolivia by issuing 6.67 million units priced at $3.75 each. Each unit…
Gold
Wallbridge raising $17M for continued work at Fenelon
With potential to further advance the Fenelon gold project in Quebec, Wallbridge Mining Company (TSX:WM) has announced a bought deal financing worth $17.4 million. Proceeds…
Talon’s Tamarack could become the only high-grade nickel mine in the U.S., the company says
Within the next few years, Talon Metals’(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be…
Trillium Gold bets on high-grade projects in Ontario’s Red Lake district
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of…
Falco updates feasibility on low cost Horne 5 gold project
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the…
New Gold takes 14.9% stake in Talisker Resources
Canadian gold and copper producer New Gold (TSX: NGD; NYSE-AM: NGD) is acquiring a 14.9% interest in explorer Talisker Resources (TSX: TSK; US-OTC: TSKFF). Talisker…
Ghana terminates Resolute Mining’s Bibiani lease
Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the…
Liberty Gold reports oxide gold from Black Pine ahead of initial resource
With an initial resource estimate for its past-producing Black Pine project in Idaho expected in the second quarter, Liberty Gold (TSX: LGD) has released assay…
Benchmark hits 107.8 metres of 2.59 g/t gold-equivalent at Lawyers
Drilling at the southern part of the Cliff Creek area at Benchmark Metals’ (TSXV: BNCH) Lawyers project in the Golden Triangle area in B.C. has…
Exploration boom in West Africa challenged by lack of services — report
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet a…
Wesdome discovers new gold zone at Kiena ahead of restart decision
With a prefeasibility study (PFS) expected to be complete in the second quarter, gold miner Wesdome Gold Mines (TSX: WDO) has announced the discovery of…
Troilus to acquire UrbanGold in all-share deal, grow Quebec land position
Troilus Gold (TSX: TLG; US-OTC: CHXMF) plans to expand its position in Quebec’s Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold…