Junior Mining News

Canyon Copper Announces Drill Results from Bootleg Lake Project

By Hamza Ghaznavi Canyon Copper Corp. (“Canyon” or the “Company”) (TSXV:CNC) is pleased to announce the drill results of the first two diamond drill holes completed on Canyon’s Bootleg Lake project, located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba. Drill holes BL-01 and BL-02 are the first two […]

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Positive Completion of Due Diligence by Chalice Gold Mines Limited

By Anwesha Sengupta Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that Chalice Gold Mines Limited (ASX – CHN / TSX – CXN) (“Chalice”) has completed their due diligence and elected to proceed with the option on Renforth’s Denain-Pershing Property, as previously announced. Pursuant to the option agreement, a $50,000 payment has

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Pacton Gold Welcomes Eric Sprott As Significant Strategic Shareholder And Appoints New Director

By Anwesha Sengupta Pacton Gold Inc. (TSXV:PAC) (the “Company” or “Pacton”) is pleased to welcome Mr. Eric Sprott as a significant new shareholder of the Company, as announced in the recent press release dated May 9, 2018, which discussed the closing of a $5.5 million strategic financing. Mr. Sprott purchased approximately 10.1% of the outstanding

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Guyana Goldstrike Completes Preliminary Trenching, Mapping and Sampling at Marudi

By Nicole Rashotte Guyana Goldstrike Inc. (TSXV:GYA) reported that the company’s geological team has completed preliminary trenching, mapping and sampling at the Paunch area on its Marudi Gold project located in the Guiana gold belt, Guyana, South America. As quoted in the press release: A total of 166.4 metres of surface trenching was completed at

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GoldMining Completed Indirect Acquisition of Narrow Lake Property

By Nicole Rashotte GoldMining Inc. (TSXV:GOLD) announced that, further to its news release dated April 26, 2018, the company has completed its indirect acquisition of the Narrow Lake property. The property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the company’s

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IDM Mining expects environmental permits for Red Mountain by Sept.

By Cecilia Jamasmie Canada’s IDM Mining Ltd. (TSX-V:IDM) (OTCQB:IDMMF), one of the several companies developing projects in British Columbia’s prolific Golden Triangle, said Monday it expected to receive the necessary environmental permits for its proposed Red Mountain mine in the third quarter of the year. The Vancouver-based junior, which is working on a resource update

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Randgold’s Mining Setbacks Hit Earnings and Gold Production in Q1

By Nicole Rashotte One of Africa’s biggest gold producers, Randgold Resources (LSE:RRS), failed to meet earning and production expectations in Q1 2018 due to several mining mishaps, including a labor dispute at its Tongon mine, leaving the operation unlikely to hit its full-year target, the miner said Thursday (May 10). The company’s Q1 output fell

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Barrick signs 10-year gas supply deal to make Dominican mine greener

By Cecilia Jamasmie Barrick Gold (NYSE, TSX:ABX), the world’s top miner of the precious metal, is stepping up its “green” efforts by signing a 10-year natural gas supply contract in the Dominican Republic that will enable the conversion of the power plant feeding the company’s Pueblo Viejo mine from heavy fuel oil to natural gas,

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