Probe Metals has potential to attract ‘acquisition interest’, BMO says
BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB; US-OTC: PROBF) with an outperform rating and a $2.00 target price — double its current share price of 98¢….
Gold
Keith Barron loans $3M to Aurania Resources
Keith Barron, who owns 53% of the common shares of Aurania Resources (TSXV: ARU; US-OTC: AUIAF), has agreed to loan the company up to $3 million to support exploration at…
TSX Venture slips, April 15-19: Millennial Lithium, Novo, Superior Gold
The S&P/TSX Venture Composite Index fell 1.5% to 609.21, continuing its steady April decline. Shares of Millennial Lithium rose 18¢ to $1.75, after the company doubled the resource at its…
US markets mixed, April 15-19
The Dow Jones Industrial Average rose 0.56% to finish the trading week at 26,559.54, and the S&P 500 Index lost 0.08% to end the week at 2,905.03. Spot gold fell…
White Gold expands footprint in the Yukon
With four discoveries in the Yukon last year, a property purchase this year, and financial and technical backing from partners Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kinross Gold…
Agnico Eagle forecasts record production in 2019
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) forecasts record production this year, with the start of two gold mines at Meliadine and Amaruq in Canada’s Arctic. With the output from…
Canarc tables study of New Polaris gold project in BC
Canarc Resources (TSX: CCM; US-OTC: CRCUF) has wrapped up a preliminary economic assessment (PEA) of its New Polaris gold project in northwestern British Columbia that models production of 80,000 oz….
Great Bear expands drill program at Dixie in Red Lake
In April 2019, Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) doubled the 30,000-metre drill program at its Dixie gold project in Ontario’s Red Lake district. At the time the company…
Nevada Copper plans Q4 production at Pumpkin Hollow
Nevada Copper (TSX: NCU) has released a new prefeasibility study for an open-pit mine at its Pumpkin Hollow project in Nevada, where it is building a standalone underground operation that…
Aztec says Cervantes a district-scale property after survey
Aztec Minerals (TSXV: AZT; US-OTC: AZZTF) recently flew a magnetic and radiometric survey over its Cervantes copper-gold project in Sonora, Mexico, that identified 11 porphyry targets. Follow-up work by the…
American Pacific signs JV with OceanaGold
In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51%…
Newrange pushes ahead at Pamlico in Nevada
The U.S. Bureau of Land Management has approved Newrange Gold’s (TSXV: NRG; US-OTC: NRGOF) proposal to transfer the company permits for the Merritt decline, part of its 16.7 sq. km Pamlico…