Investing News Network

Sun Metals Announces Commencement of Drilling Program at Stardust

By Scott Tibballs Sun Metals (TSXV: SUNM) has announced that diamond drilling has commenced at its flagship Stardust copper-gold project in north central British Columbia. According to the release a second drill is scheduled to be mobilized mid-August as the company continues to successfully execute the aggressive 2018 exploration campaign, including 15,000 metres of drilling. […]

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Introduction to Remote Sensing in Mineral Exploration

By Amanda Kay Exploring for minerals is a challenge that miners need to approach with as much information as possible. Rare metals and minerals can easily be missed, and the process of searching for them is an expensive risk. That is why remote sensing in mineral exploration is so important. Remote sensing involves gathering information

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Metallis Announces Completion of Joint VTEM Survey with Eskay Mining

By Anwesha Sengupta Metallis Resources Inc (TSXV:MTS) (“Metallis” or the “Company”) announces that Geotech Ltd. has now completed the versatile time-domain electromagnetic survey (“VTEM” or the “Survey”) covering the eastern border (the “Border”) of its 100%-owned Kirkham Property (the “Kirkham” or the “Property”). The Survey was an expansion of the Company’s initial VTEM completed earlier

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Sojourn Exploration Announces Acquisition of Seven Properties, $2.8 Million Financing, and New Management Team

By Hamza Ghaznavi Sojourn Exploration Inc (TSXV:SOJ) is pleased to announce it has entered into mineral property purchase agreements with Seven Devils Exploration Ltd. (“Seven Devils”) for Seven Devils’ Oxide Peak, Eagle, Rip and Teeta Creek properties (the “Seven Devils Agreement”), and with Millrock Resources Inc. (“Millrock”) for Millrock’s Willoughby, Oweegee, and Todd Creek properties

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Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle

By Hamza Ghaznavi Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) is pleased to report that assay results from the first drill hole of 2018 have been received with multiple high-grade zones and precious metal values intersected in the hole at shallow depths. Drill hole FK18-10 was collared in the North Boundary Zone of the Forrest Kerr

Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle Read More »

Firesteel Resources Inc. Name Change to “Nordic Gold Corp.”

By Hamza Ghaznavi Firesteel Resources (TSXV:FTR) today announced that it has filed articles of amendment to give effect to a change of the Company’s name to “Nordic Gold Corp.” (the “Name Change”). The Name Change was approved by special resolution at the annual and special meeting of shareholders of the Company held on July 25,

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Fortuna Still Targeting Q3 Start for Lindero Despite Delays

By Nicole Rashotte Fortuna Silver Mines’ (TSX:FVI,NYSE:FSM) Lindero gold project in Argentina has hit construction delays, but commercial production is still scheduled to begin in Q3 2019, the company announced on Tuesday (August 7). Building delays at the site have limited Fortuna’s ability to start certain contracts, and that has shifted the planned start time

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Sandfire to Pay $72.3 Million for Talisman’s Stake in Springfield

By Olivia Da Silva Sandfire Resources (ASX:SFR) has signed a binding agreement to acquire Talisman Mining’s (ASX:TLM) 30-percent interest in the Springfield joint venture in Western Australia. Through the plan, Sandfire will acquire the Talisman subsidiary that holds the Springfield interest. The purchase price tag comes in at $72.3 million on a debt-free, cash-free basis,

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Galantas’ Omagh Processing Plant Begins Part-time Operations

By Nicole Rashotte The processing plant at Galantas Gold’s (TSXV:GAL,LSE:GAL) Northern Ireland-based Omagh gold mine has begun operating using feed from the underground development of the Kearney vein. The processing plant recently had upgrades made to certain sections and is expected to operate part time until production stoping starts late in 2018 or next year.

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Altiplano Pursues Wider High Grade Zones at Farellon

By Scott Tibballs Altiplano Metals Inc. (TSXV:APN) has reported on progress at the historic Farellon copper-gold mine near La Serena, Chile. CEO of Altiplano, John Williamson said: “Our in-country team continues to advance exploration at Farellon with the goal of developing a long term plan. As new observations and data have become available, we have

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