Mayfair lines up $310M for Ontario gold project
Mayfair Gold (TSXV: MFG; NYSE-A: MINE) has reached a preliminary financing agreement with Australia’s Macquarie Bank for up to $310 million (US$218 million) to help develop its Fenn-Gib gold project…
Ontario
Lassonde-backed Cadillac Mines drilling points to more Ontario gold
Canadian developer Cadillac Mines (TSX: CADY) says new drilling at its past-producing Kerr-Addison property in Ontario could open the door to a larger open-pit gold resource. The stock rose. Standout…
Onyx hits 13g gold at Munro-Croesus in Ontario
Onyx Gold (TSXV: ONYX) reported one of its highest-grade intervals yet at the Munro-Croesus project in northern Ontario as the Canadian developer works to outline a broad gold system. The…
Ottawa approves Canada Nickel’s Crawford mine
Canada Nickel (TSXV: CNC: US-OTC: CNIKF) has secured federal approval to proceed with its proposed Crawford polymetallic mine in Ontario, paving the way for a construction decision next year amid…
Thunder Gold assays suggest Tower Mountain expansion in Ontario
New drilling by Thunder Gold (TSXV: TGOL; US-OTC: TGOLF) at its Tower Mountain project in Ontario has confirmed the deposit’s main trend continues at depth and remains open for further…
Study values Ontario graphite mine restart at $183M
A new economic study on a potential restart of Global Battery Materials’ (GBM) Kearney graphite mine in Ontario values the project at $183 million (C$260 million) and pegs future cash flow…
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Alamos logs multiple high-grade hits at Island Gold
New drilling at Alamos Gold’s (TSX, NYSE: AGI) Island underground mine in northern Ontario has identified multiple high-grade areas across the property. Hole MX26-031 in the Island West Extension Zone…
Iamgold boosts contained gold at Ontario’s Côté mine
A resource update for Iamgold’s (TSX: IMG; NYSE: IAG) main Côté operation in northeastern Ontario lifts contained gold by 12% through the integration of the nearby Gosselin zone. Measured and…
Hemlo hits 16g gold at namesake Ontario mine
Canadian producer Hemlo Mining (TSXV: HMMC) reported grades as high as 16.1 grams gold per tonne over 8.1 metres from drilling at its namesake gold operation in northern Ontario as…
Agnico to invest $14B in Ontario, province says
Agnico Eagle Mines (TSX, NYSE: AEM) plans to spend $14 billion (US$10.2 billion) in Ontario by 2030 as the province moves to accelerate mine permitting and development, the government said…
GBM taps Iamgold CEO in plan to open Kearney graphite mine in Ontario
Privately held Global Battery Materials (GBM) is aiming to restart Ontario’s mothballed Kearney graphite mine in less than two years to tap an expected surge in demand for the mineral amid growing calls for domestic production. Kearney, which…