Investing News Network

Northern Sphere Mining Corp. Announces Purchase of the Scadding and Arizona Interests from Joint Venture Partner

By Anwesha Sengupta Northern Sphere Mining Corp. (CSE:NSM) (OTCQB:NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce that it has acquired for nominal consideration Trueclaim Exploration Inc.’s (TSXV: TRM) remaining 20% interest in the joint ventures for the mineral property located in Scadding, Ontario and in Globe, Arizona. “This is a meaningful acquisition for […]

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Sojourn Announces Acquisition of Seven Properties in British Columbia, New Management Team, and Successful Closing of Second Tranche of $2.8 Million Financing

By Ashley Cowell Sojourn Exploration Inc (TSXV:SOJ) (TSXV: SOJ) (the “Company” or “Sojourn”) is pleased to advise that further to its previous announcements on August 9, 2018 and August 23, 2018, it has closed on the mineral property purchase agreements with Seven Devils Exploration Ltd. (“Seven Devils”) for Seven Devils’ Oxide Peak, Eagle, Rip and

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Argentina’s New Export Tax Could Hurt Yamana’s Cashflow

By Nicole Rashotte Yamana Gold (TSX:YRI,NYSE:AUY) is still on track to deliver the previously mentioned “step change” in cashflow, but Argentina’s newly proposed export tax could offset the benefits, the company said on Wednesday (September 12). Less than two weeks ago, Argentina proposed a 12 percent tax on all exports out of the country as

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Cornerstone Announces Signing of Contracts for the Completion of the Airborne Geophysical Survey

By Scott Tibballs Cornerstone Capital (TSXV:CGP) has announced that new contracts have been signed for the completion of the airborne magnetic and radiometric regional survey on its Espejo, Playa Rica and Rio Magdalena Blocks, parts of the ENAMI EP-Cornerstone joint venture agreement in Northwest Ecuador. As highlighted in the press release: A heliborne magnetic and

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Tethyan Commences Drilling at Rudnica Copper-Gold Prospect

By Scott Tibballs Tethyan Resources (TSXV:TETH) has announced the commencement of exploration drilling at the Rudnica copper-gold porphyry prospect in Serbia. According to the company, the drill programme will consist of 3 to 4 diamond drill holes, for a total of between 1,500 – 2,000 metres, stepping-out from Tethyan’s previous drilling at Rudnica South as

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Boreal Engages Drill Contractor for Burfjord Copper-Gold Project in Norway

By Scott Tibballs Boreal Metals (TSXV:BMX) has announced that it has engaged Arctic Drilling to conduct exploratory diamond drilling at Burfjord in Norway. According to the release. Boreal is mobilizing to commence a 1,000 meter reconnaissance drill program in late September and will test a variety of shallow drill targets across the property position. The

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Velocity Intersects High Grade Gold Mineralization at Chala Gold Mine, Southeast Bulgaria

By Anwesha Sengupta Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has received initial positive drill assay results from underground exploration drilling at the operating Chala Gold Mine (“Chala”). Priority drill target Zone 8A has been tested by three drill rings drilled on 50m centres to the west of existing underground development

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Moneta Announces Drill Results at Golden Highway Project

By Nicole Rashotte Moneta Porcupine Mines Inc. (TSX:ME, OTC:MPUCF, XETRA:MOP) announced the results from the last seven diamond drill holes completed on the South West deposit located within the Company’s Golden Highway project. Highlights are as follows: Drilling results at South West have continued to extend the strike and depth extent of the known vein

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Brixton Metals Provides an Update on Its Thorn Project and Highlights Its Copper Gold Porphyry Potential

By Ashley Cowell Brixton Metals Corporation (TSXV:BBB) (the “Company” or “Brixton”) is pleased to announce that it has completed field work at its wholly owned Thorn project in Northwestern British Columbia. In collaboration with the Mineral Deposit Research Unit and porphyry specialist, Brock Riedell, Brixton completed a program of core re-logging, geological mapping and sample

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