Investing News Network

Velocity Completes PEA, Earns Large Stake in Bulgaria Project

By Nicole Rashotte Velocity Minerals (TSXV:VLC) has completed a positive preliminary economic assessment (PEA) for the Rozino open pit gold project, earning a 70-percent stake in the Bulgaria project, the company announced on Monday (September 17). The PEA was based on an open pit mining operation at Rozino, which recovers gold by a combination of […]

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Adventus, Salazar Announce Additional Drill Results From Curipamba

By Scott Tibballs Adventus Zinc (TSXV:ADZN) and Salazar Resources (TSXV:SRL) have announced additional drill holes from the 2018 infill drilling program on the El Domo volcanogenic massive sulfide deposit; which is part of the approximately 22,000-hectare Curipamba project located near Las Naves, Ecuador. According to the release, the first phase of infill drilling commenced in

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Angkor Signs USD $3.65 Million Earn-In Agreement with Hommy Resources on Banlung Property

By Anwesha Sengupta Angkor Gold (TSXV:ANK, OTC:ANKOF) (“Angkor” or “the Company”) CEO Stephen Burega is pleased to announce that Angkor has entered into an Earn-In Agreement (the Agreement) with Canadian-based private company, Hommy 5 Resources Inc. (“Hommy Resources”), on Angkor’s wholly-owned Banlung property in northeastern Cambodia. The Banlung property is one of Angkor’s five licenses

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Wallbridge Intersects 122.35 g/t Gold Over 2.95 Metres And 41.02 g/t Gold Over 5.52 Metres In Newly Discovered Habanero Zone

By Ashley Cowell Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (“Wallbridge” or the “Company”) is pleased to announce continued positive results from its underground drill program and to provide an update on the ongoing development as part of the 35,000-tonne bulk sample and underground exploration program at its 100%-owned Fenelon Gold Property (“Fenelon”). View PDFWallbridge intersects

Wallbridge Intersects 122.35 g/t Gold Over 2.95 Metres And 41.02 g/t Gold Over 5.52 Metres In Newly Discovered Habanero Zone Read More »

Algold Reports High-Grade Drill Results at Salma – Eleonore East

By Anwesha Sengupta Algold Resources Ltd. (TSXV:ALG) today announced preliminary assay results from drilling carried out in July and August, 2018 on the high-grade Salma-Eleonore East Vein System (“SVS” or “Salma”) located at the Corporation’s Tijirit Project in Mauritania. Highlights 20.9 g/t Au over 2 meters (hole T18RC149), approximately eight meters below the surface, some

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Golden Predator Intercepts 8.5 meters of 5 g/t Gold at Brewery Creek Project; Drilling Extends Known Gold Mineralization over 200 m

By Anwesha Sengupta Golden Predator Mining Corp. (TSXV:GPY) (the “Company”) is pleased to announce the successful completion of a 22 hole exploration and metallurgical drilling program at its 100% owned Brewery Creek Project in Canada’s Yukon, and reports today on the results of the exploration drill program designed to expand the current resource. Significant gold

Golden Predator Intercepts 8.5 meters of 5 g/t Gold at Brewery Creek Project; Drilling Extends Known Gold Mineralization over 200 m Read More »

New High-Grade Zone Located North of Gladiator near Surface with 27.4 g/t Au over 7.0 m

By Ashley Cowell Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) (the “Company” or “Bonterra”) is pleased to announce the discovery of a new high grade gold zone near surface to the north of the Gladiator Gold Deposit with an intersection of 27.4 g/t Au over 7.0 m. This new high-grade mineralization is located approximately 200 m north

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Enforcer Gold and SOQUEM Announce Amended & Restated Mineral Resource Estimate for the Roger Project

By Ashley Cowell Enforcer Gold Corp. (TSXV:VEIN) (“Enforcer” or the “Company”) along with SOQUEM today announce the results of an amended and restated mineral resource estimate on the Mop-II gold-copper deposit at the Company’s Roger project. Enforcer is earning a 50% interest in the Roger project from project operator, SOQUEM. Enforcer and SOQUEM were informed

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Top Zimbabwe Miner May Pay Suppliers in Gold

By Nicole Rashotte Metallon has evaluated Zimbabwe’s current economic climate and has begun looking at paying its mining equipment suppliers in gold. Zimbabwe abandoned its currency in 2009 because of hyperinflation, and now faces a cash shortage. Metallon, the country’s largest gold miner, requires US$400 million to buy new machinery and upgrade existing equipment as

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Falcon Adds 41 More Claim Units to Coomer Lake Vanadium-Titanium Project, Northern Ontario

By Anwesha Sengupta HIGHLIGHTS: Coomer Lake property increased from 144 to 800 hectares; Property encompasses a continuous strike length of 7 kilometres of favorable stratigraphy; Historical diamond drilling high-grade intercept of 4.90 meters of 0.75% V2O5, 7.56% TiO2; Falcon Gold Corp. (TSXV:FG) (“Falcon” or the “Company”) is pleased to report it has acquired through staking,

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