Volume 100 Number 5 Mar 17 - 23, 2014

More exploration ahead for B2Gold in the Philippines

B2Gold (TSX: BTO; NYSE-MKT: BTG) will spend $6.2 million on exploration this year in the Philippines near its Masbate open-pit gold mine, and recent drill results suggest that the company may have a good shot at enhancing the mine’s…

Drillers last month at Pilot Gold's Kinsley Mountain gold project in Elko County, Nevada. Credit: Pilot Gold

Pilot, Nevada Sunrise jump on strong drill results

Shares in Pilot Gold (TSX: PLG; US-OTC: PLGTF) and Nevada Sunrise Gold (TSXV: NEV; US-OTC: NVSGF) got a welcome boost after solid drill results on their jointly held Kinsley Mountain gold project in Elko County, Nevada.

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.

Bob Rae.

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…

The mill at First Majestic Silver's La Guitarra project, which it acquired from Silvermex Resources in 2012.

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…

The historic Zgounder silver mine in Morocco. Credit: Maya Gold & Silver

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.

Drills at Fission Uranium's Patterson Lake South uranium project just outside Saskatchewan's Athabasca basin. Credit: Fission Uranium

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…

Rod Thomas, PDAC first vice-president (left), presents the Bill Dennis Award to Ross McElroy, president and COO of Fission Uranium. Credit: Envisiondigitalphoto.com

PDAC honours six industry leaders

The Prospectors & Developers Association of Canada (PDAC) held its annual awards gala during the PDAC 2014 convention in Toronto earlier this month. Six exemplars of excellence in the industry were recognized. The award recipients are…

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