Investing News Network

Algold: Drilling Continues to Define and Extend Mineralization at Eleonore

By Pia Rivera ALGOLD RESOURCES LTD. (TSXV:ALG – the “Corporation”) today announced further preliminary assay results from its Phase IV 25,000-meter drilling campaign carried out on the Corporation’s Tijirit property (“Tijirit”) in Mauritania. Highlights Hole T18RC059 (Eleonore South) – 37.35 g/t Au over 2 meters, including 60.7 g/t Au over 1 meter on section E8380, […]

Algold: Drilling Continues to Define and Extend Mineralization at Eleonore Read More »

Columbus Gold to Acquire 70 Percent of IAMGOLD’s Maripa Project

By Nicole Rashotte Columbus Gold (TSX:CGT,OTCQX:CGTFF) is set to acquire up to 70 percent of IAMGOLD’s (TSX:IMG) stake in the Maripa gold project in French Guiana, the company announced on Tuesday (August 14). According to Columbus, the acquisition would solidify the company’s position as a leader of both exploration and development within French Guiana. “With

Columbus Gold to Acquire 70 Percent of IAMGOLD’s Maripa Project Read More »

PolarX: High Grade Mineralization Extended 850m Along Strike at Zackly

By Scott Tibballs PolarX (ASX:PXX) has announced outstanding first assay results for 2018 from drilling at the Zackly copper‐gold deposit within its Alaska Range project. According to the company, the first assays from new drilling point to a future resource increase at Zackly; further assays pending from resource extension holes which contained visible gold and

PolarX: High Grade Mineralization Extended 850m Along Strike at Zackly Read More »

Aben Resources Announces $4 Million Private Placement Led by Eric Sprott

By Hamza Ghaznavi Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) announces a non-brokered private placement of up to 13,333,333 units at a price of $0.30 each to raise gross proceeds of up to $4,000,000. Each unit will consist of one common share and one warrant (each, a “Warrant”) exercisable to purchase one additional common share at

Aben Resources Announces $4 Million Private Placement Led by Eric Sprott Read More »

Spearmint Acquires the “Henry” Gold-Copper Prospects in the Golden Triangle of British Columbia

By Hamza Ghaznavi Spearmint Resources’ (TSXV:SRJ) wishes to announce that it has acquired a 100 percent interest in 2 separate gold-copper prospects totaling 1,989 acres. The “Henry Prospects” are all located in the Golden Triangle Gold District in British Columbia and in the direct vicinity of Golden Ridge Resources Ltd. (GLDN.V). James Nelson, President of

Spearmint Acquires the “Henry” Gold-Copper Prospects in the Golden Triangle of British Columbia Read More »

Telson Mining Corporation – No Specific Reason for Current Decline in Share Price

By Hamza Ghaznavi Telson Mining Corporation (TSXV:TSN, OTCBB:SOHFF) management is aware of the recent decline in its share price and knows of no operational reason for this decline. Management would like to reassure investors and shareholders that day to day operations at both the Campo Morado Mine and the Tahuehueto Project continue as normal. Campo

Telson Mining Corporation – No Specific Reason for Current Decline in Share Price Read More »

Nevada Sunrise Purchases Clayton Valley Water Rights Option from Advantage Lithium Corp.

By Hamza Ghaznavi Nevada Sunrise (TSXV:NEV) announced today that it has executed a termination agreement (the “Agreement”) with Advantage Lithium Corp. (“Advantage”) (TSXV: AAL) to cancel Advantage’s option to earn an interest in the Company’s water right in the Clayton Valley of Nevada, namely Permit 44411 (“the Water Rights Option”). In consideration for the termination

Nevada Sunrise Purchases Clayton Valley Water Rights Option from Advantage Lithium Corp. Read More »

Nevada Sunrise Purchases Clayton Valley Water Rights Option from Advantage Lithium Corp.

By Hamza Ghaznavi Nevada Sunrise (TSXV:NEV) announced today that it has executed a termination agreement (the “Agreement”) with Advantage Lithium Corp. (“Advantage”) (TSXV: AAL) to cancel Advantage’s option to earn an interest in the Company’s water right in the Clayton Valley of Nevada, namely Permit 44411 (“the Water Rights Option”). In consideration for the termination

Nevada Sunrise Purchases Clayton Valley Water Rights Option from Advantage Lithium Corp. Read More »

Donlin Gold Project Receives Major Federal Permits

By Priscila Barrera The massive Donlin gold project, owned by Barrick Gold (TSX:ABX, NYSE:ABX) and NovaGold Resources (TSX:NG, NYSEAmerican:NG), received major permits from the federal government on Tuesday (August 14). In a joint statement, the companies announced that the US Army Corps of Engineers and Bureau of Land Management issued a joint record of decision

Donlin Gold Project Receives Major Federal Permits Read More »

Gold Fields: South Deep Restructuring and Trading Statement

By Priscila Barrera Gold Fields (JSE:GFI) (NYSE:GFI) announces a restructuring at its South Deep operation and provides a further trading statement relating to its H1 2018 results, due for release on Thursday, 16 August 2018. As quoted in the press release: South Deep has had a number of operational challenges since Gold Fields acquired it

Gold Fields: South Deep Restructuring and Trading Statement Read More »