Wesdome discovers Falcon zone at Eagle River mine
Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines’ (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the…
News
Interview: Iron ore markets won’t quickly recover from Vale disaster, says Black Iron’s Simpson
In the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF), explains the new landscape for iron ore markets worldwide…
Alamos sells royalty portfolio to Metalla for $8M
Alamos Gold (TSX: AGI; NYSE: AGI) will sell a portfolio of 18 royalties on assets not owned by Alamos to Metalla Royalty and Streaming (TSXV: MTA; MTAFF) for US$8 million…
Pure Gold to list on London Stock Exchange
Pure Gold Mining (TSXV: PGM) is seeking a higher profile for its Madsen gold project in northwestern Ontario, with a listing on the main market of the London Stock Exchange….
Ivanhoe tests area near Kamoa North discovery hole
In January, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) reported a 22-metre intercept of 13.05% copper at a 2% cut-off in a shallow, flat-lying discovery sitting within 190 metres of surface…
Monarch Gold sells Pandora NSR to Agnico Eagle
The sale of a 0.5% net smelter return royalty on Monarch Gold‘s (TSX: MQR; US-OTC: MRQRF) Pandora property to Agnico Eagle Mines (TSX: AEM; NYSE: AEM) monetizes a non-core asset,…
Boreal pursues new VMS zone at Gumsberg in Sweden
Just a few months after finishing a nine-hole, 1,600-metre drill program at its Gumsberg zinc-silver-lead project in Sweden, Boreal Metals (TSXV: BMX) has begun drilling the project again. The campaign,…
Alexco tables PFS for Keno Hills in Yukon
Alexco Resource has tabled a prefeasibility study (PFS) for its wholly owned Keno Hills silver project, in Yukon, that assigns the project a $101.3-million after-tax net present value at a…
Guyana Goldfields’ reserves drop 43% with new deposit model
The amount of gold in proven and probable reserves at Guyana Goldfields’ (TSX: GUY) Aurora mine in Guyana has been lowered 1.69 million oz., compared with estimates a year ago,…
K92 Mining hits mineralization at Blue Lake prospect in PNG
K92 Mining (TSXV: KNT; US-OTC: KNTNF) intersected 175 metres of 0.28 gram gold per tonne and 0.22% copper from 259 metres downhole at its Blue Lake porphyry prospect, 4 km…
Golden Star boosts net reserves despite decline at Prestea
Golden Star Resources (TSX: GSC; NYSE: GSS) has increased its overall reserves by 6%, net of mining depletion. It offset a loss in reserves at its Prestea gold mine by…
Canadian Mining Hall of Fame welcomes five trailblazers
The Canadian Mining Hall of Fame (CMHF) bestowed honours on five industry giants at its thirty-first annual induction ceremony in January at the Metro Toronto Convention Centre. The 2019 inductees…