Investing News Network

Prize Mining Commences Diamond Drill Programs

By Scott Tibballs Prize Mining Corporation (TSXV:PRZ) has announced the formal commencement of the initial diamond drill program on its wholly owned Manto Negro copper project in Coahuila State, Mexico and phase II drilling on the Toughnut gold-silver properties in southeastern British Columbia. President and CEO of Prize Mining, Michael McPhie said: “This first phase […]

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Brixton Metals Drills 6.00 metres of 4,719.33 g/t Silver and 0.33% Cobalt at Its Langis Project, Ontario

By Anwesha Sengupta Brixton Metals Corporation (TSXV:BBB) (the “Company” or “Brixton”) is pleased to announce additional drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada. Highlights of New Drill Results at the Langis Project Drill hole LM18-42 intersected 6.00m of 4,719.33 g/t silver and 0.33 percent cobalt Drill

Brixton Metals Drills 6.00 metres of 4,719.33 g/t Silver and 0.33% Cobalt at Its Langis Project, Ontario Read More »

Velocity Announces Preliminary Economic Assessment for the Rozino Gold Project, Southeast Bulgaria

By Ashley Cowell Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces the results of an independent Preliminary Economic Assessment (“PEA”) on its Rozino gold project (“Rozino” or the “Project”) located in southeast Bulgaria. The PEA provides a base case assessment of developing the Project by open pit mining and gold recovery by a combination

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Wallbridge Announces $3.9 Million Strategic Investment by Eric Sprott

By Anwesha Sengupta Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (“Wallbridge” or the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Offering”) through the issuance of 30,000,000 units of the Company (each a “Unit”) for gross proceeds of $3,900,000. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially

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White Gold Corp. Announces New High-Grade Gold Discovery from Surface on JP Ross Property

By Ashley Cowell White Gold Corp. (TSXV:WGO, OTC – Nasdaq Intl:WHGOF, FRA:29W) (the “Company”) is pleased to announce initial drill results from the Vertigo target on the JP Ross property, Yukon. The Rotary-Air-Blast (“RAB”) drilling followed up on high-grade GT Probe results on the property announced on August 14, 2018. Results received to date include

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Fortune Announces Successful Tests to Produce Upgraded and Clean Cobalt Concentrate From the Nico Project

By Anwesha Sengupta Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has received successful results of metallurgical test work verifying that it can produce an upgraded and essentially arsenic-free cobalt concentrate for the NICO Cobalt-Gold-Bismuth-Copper development in Canada (“NICO Project”). Gold can also be recovered by Fortune

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Pancon Provides Exploration Update on Montcalm Project

By Anwesha Sengupta Pancontinental Resources Corporation (“Pancon”) (TSXV:PUC) (“Pancon” or the “Company”) provides an update on exploration activities at the Company’s early stage nickel-cobalt-copper Montcalm Project, 65km northwest of Timmins, Ontario. The Montcalm Project covers 3,780 hectares and is adjacent to Glencore’s former Montcalm Mine. “We are encouraged by initial and ongoing results of our

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Bonterra Intersects 29.6 g/t Au Over 3.0 m At The Gladiator Gold Deposit As New High-Grade Trends Continue To Emerge

By Ashley Cowell Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest drilling results from the ongoing resource development program at the Gladiator Gold Deposit, including an intersection of 29.6 g/t Au over 3.0 m at the South Zone. This indicates the presence of a new high-grade chute and

Bonterra Intersects 29.6 g/t Au Over 3.0 m At The Gladiator Gold Deposit As New High-Grade Trends Continue To Emerge Read More »

5 Top Weekly TSX Stocks: RNC Minerals Soars on Gold Discovery

By Georgia Williams The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened flat on Friday (September 14), down 6.3 points to 15,995.41 at open. Canada’s largest exchange slowly climbed over the morning, and ended up picking up a few points by midday, reaching 16,008.43 at 12:17 p.m. EST. Tech sector stocks gained as much as 2 percent, but

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Riding Out the Storm: How Junior Mining Companies Survive the Downturn

By Investing News Network Securing financing is, for obvious reasons, the most critical component for how junior mining companies survive the downturn of a market and advance an exploration project. Not so easy a task for today’s junior resource companies, especially when exploration funding is so intimately linked with commodities prices, as evidenced by a

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