Junior Mining News

Macarthur Minerals Completes Stream Sediment Sampling With Encouraging Results Within the Bonnie Scot Tenement in Pilbara, Western Australia

By Anwesha Sengupta Macarthur Minerals Ltd (TSXV:MMS)(the “Company” or “Macarthur Minerals”) is pleased to announce that it has completed a sediment sampling program at its Bonnie Scot tenement in the Pilbara region of Western Australia (“Bonnie Scot”) with encouraging results. During the geochemical survey a total of 45 samples were collected from selected drainage courses […]

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Acquisition of Colt Mesa Copper-Cobalt Property, Utah, Surface Grab Samples Return 0.88% Copper and 2.31% Cobalt

By Anwesha Sengupta Glacier Lake Resources Inc. (TSXV:GLI) – (“Glacier” or the “Company”) is pleased to announce the acquisition of the “Colt Mesa” copper-cobalt property in Garfield County, southcentral Utah. The property is readily accessible by gravel roads from Boulder, the closest community with services and support. Key takeaways: Property covers the past producing Colt

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Glacier Lake: Acquisition of Colt Mesa Copper-Cobalt Property, Utah, Surface Grab Samples Return 0.88% Copper and 2.31% Cobalt

By Pia Rivera All of the above samples were taken at surface, near the adits. The underground working was examined (see website for photos), but not sampled. Samples CM-18-01, 02, and 03, were chip sampled from the same location over a width of 1.35 meters, averaging 0.52 % Cu, 1.51 % Co, 6.52 % Zn,

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Southern Copper to begin operations at $2.5bn Michiquillay earlier than expected

By Cecilia Jamasmie Southern Copper (NYSE: SCCO) the world’s fifth-largest producer of the red metal, expects to kick off operations at its $2.5 billion Michiquillay project in Peru by 2022, three years earlier than what it said in April. The company, which won the public auction for the project in February by offering Peru’s government

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Tharisa expands Zimbabwe exposure with $4.5 million platinum deal

By Cecilia Jamasmie Chrome producer Tharisa (LON:THS)grew its exposure to Zimbabwe on Wednesday by acquiring a 26.8% stake in Karo Mining Holdings for $4.5 million, gaining access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium. Land is said to contain the

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Congo’s miners face harsh new reality as mining law finalized

By Bloomberg News The options for mining companies battling new legislation in the Democratic Republic of Congo — Africa’s biggest copper producer and the source of two-thirds of the world’s cobalt — have just about run out. After six months of lobbying, companies including Glencore Plc and Randgold Resources Ltd. have got nowhere in their

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$1.35 Million Exploration Project Commencing at Nevada Gold Project

Source: Streetwise Reports 06/13/2018 Exploration is set to begin at a recently acquired Nevada gold project. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT)) recently announced exploratory work intended to define drilling targets at its 100%-owned Snowstorm Project in northern Nevada by year-end. “This is a very targeted program. We know what we are looking for and we

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Canadian Gold Company Secures Financing for Fiji Mine Build

Source: Streetwise Reports 06/13/2018 Scarsdale Equities analyst Mike Niehuser reviewed various aspects of the facility. In a June 6 research note, analyst Mike Niehuser with Scarsdale Equities reported Lion One Metals Limited (LIO:TSX.V; LOMLF:OTCQX) entered into a term sheet for financing to build a mine and a processing facility at the Tuvatu gold project in

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Miner’s Ontario Asset Shows ‘Continuity of High-Grade Mineralization’

Source: Streetwise Reports 06/13/2018 A Haywood Securities report reviewed the results this company released on its advanced-stage exploration project. In a June 5 research note, analyst Mick Carew with Haywood Securities reported that Vancouver-based Pure Gold Mining Inc.’s (PGM:TSX.V) initial results from underground drilling at its Madsen gold project in Ontario are “encouraging.” Within this

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