Investing News Network

Sibanye Secures US$500-million Gold-Palladium Streaming Deal

By Nicole Rashotte Sibanye-Stillwater (NYSE:SBGL) will receive a US$500-million upfront cash payment through a streaming agreement with a subsidiary of Wheaton Precious Metals (TSX:WPM,NYSE:WPM). In a Monday (July 16) press release, Sibanye said it will deliver a percentage of gold and palladium produced from its platinum-group metals (PGMs) operations in the US in exchange for […]

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Nevada Sunrise Closes Second and Final Tranche of Private Placement

By Hailey Wahlberg Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSXV:NEV) announces today that it has closed the second and final tranche of its previously announced non-brokered private placement of units (“Units”) at a price of $0.15 per Unit (the “Offering”). Each Unit consists of one common share of the Company (a “Share”)

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ATAC Announces Maiden Mineral Resource Estimate for its Osiris Project

By Nicole Rashotte ATAC Resources Ltd. (TSXV:ATC) announced a maiden mineral resource estimate for its Osiris project at the Rackla gold property, Yukon. Highlights are as follows: Osiris Project Resource Highlights: Inferred mineral resource of 1,685,000 ounces gold at an average grade of 4.23 grams per tonne, including a pit-constrained mineral resource containing 1,055,000 ounces

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Falcon Signs Definitive Agreement for Esperanza Gold/Copper Project in La Rioja, Argentina

By Hailey Wahlberg FALCON GOLD CORP. (TSXV:FG) (“Falcon” or the “Company”) is pleased to announce it has signed a Definitive Agreement (the “Agreement”) for the right to acquire an initial 80% interest in the Esperanza Resources S.A. (“ERSA”) mineral concessions located in La Rioja Province, Argentina. The Property is comprised of seven (7) contiguous mineral

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Osisko Delivers Upbeat PEA For Windfall Project

By Nicole Rashotte Osisko Mining Inc. (TSX:OSK) announced positive results from the independent preliminary economic assessment (PEA) prepared in accordance with national instrument 43-101 at its 100 percent owned Windfall Deposit located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The PEA provides a base case assessment of developing both the

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Canadian Platinum Announces Closing of Non-Flow Unit Private Placement

By Anwesha Sengupta Canadian Platinum Corp. (“CPC” or the “Company” – TSXV:CPC) announces that the Company has closed tranche two of its previously announced non-brokered private placement of units (“Units”), for gross proceeds of $315,650 (the “Offering”). The Offering consisted of the issuance of an aggregate of 12,626,000 Units at a price of $0.025 per

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JOGMEC Increases Phase 2 Funding For Angkor’s Oyadao South Project To USD $1.425 Million

By Hamza Ghaznavi Angkor Gold (TSXV:ANK, OTC:ANKOF) President J.P. Dau is pleased to announce that Japan Oil, Gas and Metals Corporation (“JOGMEC”) and Angkor have increased the previously announced Phase 2 budget of USD $1 million on the Company’s Oyadao South licence (see Company press release dated February 8, 2018) with an additional USD $425,000

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Monarques Gold Releases Results From its 2018 Drilling at Beaufor Mine.

By Nicole Rashotte Monarques Gold Corporation (TSXV:MQR) reported new results from its 30,000-metre 2018 drilling program at the Beaufor Mine. The current results are from nine exploration holes totalling 2,047 metres of drilling on the QF1 and 1700 projects. As quoted in the press release: QF1 project The QF1 veins lie some 70 metres from

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Bonterra Continues to Expand the Gladiator Gold Deposit and Intersects 15.3 g/t Gold over 2.7 m

By Hamza Ghaznavi 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 15.3 g/t Au over 2.7 m, extending the Footwall Zone down-plunge to the east. Recent drilling results extended mineralization along

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