Investing News Network

Comstock Provides an Update on its Exploration Program for its Rawhide Cobalt-Silver Project in Gowganda Area, Ontario

By Anwesha Sengupta Comstock Metals Ltd. (TSXV: CSL) (“Comstock” or the “Company”) is pleased to provide an update on its 2018 exploration plans for its Rawhide Property which consists of 10 single cell and 41 boundary cell mining claims (662 ha) located in the Gowganda area of the historic Greater Cobalt Mining Camp of northern […]

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Provincial Environmental Assessment Review Of IDM Mining’s Red Mountain Gold Project Advances To Final Stage

By Anwesha Sengupta IDM Mining (TSXV:IDM, OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce that the temporary voluntary suspension of the 180-day time limit for the application review of the Red Mountain Gold Project (“Red Mountain” or the “Project”) has been lifted by the BC Environmental Assessment Office (“EAO”) and the Project is now

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Aben Intersects Mineralization Early in Drill Program at Forrest Kerr Project in BC’s Golden Triangle

By Hamza Ghaznavi Aben Resources Ltd. (TSXV:ABN, OTCBB:ABNAF, FRA:E2L2) is pleased to provide the following progress update on its 2018 exploration and drilling program at its 23,000-hectare Forrest Kerr Gold Property located in British Columbia’s Golden Triangle region. The first five holes drilled at the high grade North Boundary Zone have encountered mineralization and the

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5 Top Weekly TSX Stocks: Osisko Surges on Deep Drilling Discovery

By Georgia Williams The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened flat on Friday (July 13) at 16,560.91, before gaining 12 points around 10:00 a.m. EST. By midday most of the morning progress had been countered when the TSX fell to 16,554.02 at 2:45 p.m. EST. The poor performance was attributed to falling gold prices, which weighed

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Metallis Resources Commences Trading on the OTCQB Venture Market

By Anwesha Sengupta Metallis Resources Inc (TSXV:MTS) (OTCQB:MTLFF) (“Metallis” or the “Company”) is pleased to announce that the Company has commenced trading on the OTCQB Venture Market under the symbol MTLFF, effective at the market open on July 13, 2018. OTC Markets Group Inc. operates the OTCQX Best Market, the OTCQB Venture Market and the

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Firesteel Resources Inc. Files Economically Robust PEA for Laiva Gold Mine in Finland

By Hamza Ghaznavi Firesteel Resources (TSXV:FTR)(“Firesteel”, “Company”) today announced it has filed an economically robust Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Laiva Gold Mine (“Laiva”), near Raahe in Finland. Laiva is a past producing gold mine that has been on care and maintenance since 2014 and is now 100% owned by Firesteel.

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Algold Announces US$9.2M Funding Arrangements

By Hamza Ghaznavi Mauritania-Based Wafa Reaffirms Confidence with Additional US$4.2M Investment in Tijirit Project All amounts are in US$ unless otherwise indicated. Algold Resources Ltd. (TSXV:ALG) announced today that it has entered into low-dilution funding agreements totalling $9.2M (C$12M). Algold and one of its major shareholders, Wafa Mining & Petroleum SA (“Wafa”), a subsidiary of

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Offtake Agreements as Alternative Financing Options

By Investing News Network During challenging financial environments, funding from alternative sources can be the lifeblood of a company’s growth strategy. It’s no wonder that the smartest management teams in the mining sector often choose non-dilutive strategies such as non-smelter royalty agreements and offtake agreements to secure financing, paving the way for product development and

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Vangold Mining President and CEO Cameron King Interviewed on The Morgan Report

By Hailey Wahlberg Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) President and CEO Cameron King was interviewed by David Morgan of the Morgan Report. During the interview King discussed the company’s ten wholly-owned properties located in the Mexican Silver Belt, while highlighting the El Pinguico Mine. As quoted by King, “This is an old mine that operated

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