Soma Gold drills high grades at Colombia mine
Drilling by Canada’s Soma Gold (TSXV: SOMA; US-OTC: SMAGF) at its Cordero mine in central Colombia returned a highlight result of 7.5 grams per tonne gold over six metres. That intercept,…
gold
Australia gold output falls as miners tap stockpiles
Gold mine output in Australia fell 7% quarter-over-quarter as more miners used lower-grade stockpiled material to blend into their mill feed, a new report says. Australia, the world’s largest gold…
First Majestic boosts Navidad’s gold-silver deposit
First Majestic Silver (TSX, NYSE: AG) expanded the high-grade mineralization of its Navidad deposit in northwestern Mexico as it announced a second gold-silver discovery in a year in the Santo…
Azimut says drill program at James Bay property encounters antimony, gold
Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) reported drill results as high as 6.5 metres grading 3.43% antimony and 2.37 grams gold per tonne at its Wabamisk project in Quebec’s James Bay region. That…
Sitka assays suggest ‘significant’ deep tonnage in Yukon
Canadian explorer Sitka Gold (TSX-V: SIG; OTCQB: SITKF) said assay results from drilling at its RC gold project in Yukon suggest the deposit could contain significant tonnage at greater depths than…
G Mining sees improved economics at Guyana project
Canada’s G Mining Ventures (TSX: GMIN) said a new feasibility study for its Oko West project in northern Guyana demonstrates improved economics compared with initial calculations released last year. At…
Dryden encounters ‘significant’ visible gold at Elora
Canadian junior miner Dryden Gold (TSXV: DRY; USOTC: DRYGF) says it encountered “significant” visible gold during deeper drilling at its Elora property in Ontario. The newly discovered section in hole…
PDAC Q&A: Torex CEO sees Mexico administration ‘tailwinds’ for Media Luna
Canadian gold producer Torex Gold Resources (TSX: TXG) is almost ready to start commercial production this spring at its $950-million (C$1.36-billion) underground Media Luna project in Mexico’s Guerrero gold belt….
Fury Gold to buy Quebec Precious Metals
Fury Gold Mines (TSX, NYSE: FURY) has agreed to buy Quebec Precious Metals (TSXV: QPM, OTC-BB: CJCFF) for about $4.1 million to expand its exploration portfolio in the James Bay…
AME JV video: Skeena targets Eskay Creek restart
Skeena Resources (TSX: SKE) is targeting initial production of 450,000 oz. of gold-equivalent metal at its Eskay Creek property in northwestern British Columbia’s Golden Triangle region. Production at the mine…
AME JV video: Nuvau sees multiple gold exploration opportunities in Matagami in Quebec
Nuvau Minerals (TSX: NMC) is planning to step up exploration work this year on its Matagami property in northern Quebec, CEO Peter Van Alphen says in a new video. Matagami,…
Barrick’s global gold reserves rise 23%
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged that of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a…