Investing News Network

By Anwesha Sengupta Comstock Metals Ltd. (TSXV: CSL) (“Comstock” or the “Company”) announced today that it proposes to issue an aggregate of 500,000 common shares in satisfaction of Cdn$25,000 of indebtedness. This indebtedness is owing to the optionor of the Company’s QV Property for the 2018 advance royalty payments. The deemed issue price of the […]

By Nicole Rashotte Wage talks in South Africa began on Wednesday (July 11), gathering the country’s largest gold miners and unions to discuss an increase in the underground base pay for laborers. The two groups are meeting against the backdrop of a shrinking industry that was once the largest worldwide. The National Union of Mineworkers

By Anwesha Sengupta Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) (“Triumph” or the “Company”) is pleased to announce that it has completed a private placement financing of 14,641,101 units of Triumph at a price of $0.35 per unit for gross proceeds of approximately $5,124,385. Each unit consists of one common share of the Company and one half

By Anwesha Sengupta Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that the previously announced shares for services arrangement (the “Arrangement”) with GEOPS – Bolkan Drilling Services Ltd. (the “Contractor”) for underground drilling at the operating Chala Gold Mine (previous news release June 27, 2018) has been accepted for filing by the TSX Venture

By Anwesha Sengupta Pancontinental Gold (TSXV:PUC) (“Pancon” or the “Company”) today announces that the Company has changed its name to Pancontinental Resources Corporation. The Company anticipates that shares will be trading under the new name on the TSXV on July 13, 2018 and its trading symbol will remain unchanged. The Company’s new web site domain

By Anwesha Sengupta Red Pine Exploration Inc (TSXV:RPX) (“Red Pine” or the “Company”) announces results from twenty-two holes from its 2017-2018 drill program at its Wawa Gold Project, located approximately 2 kilometres (km) east of Wawa, Ontario. The discovery of this gold zone (Minto Lower Zone), parallel to the Minto Mine South Zone, is significant

By Hamza Ghaznavi Stratabound Minerals Corp (TSXV:SB) is pleased to announce the closing of the non-brokered private placement (the “Private Placement”) offering of $495,125 first announced on June 27, 2018. The Private Placement included 275,000 units (the “Units”) of the Company, and 8,727,272 common shares offered on a flow-through basis (the “Flow-Through Shares”). Each Unit

By Investing News Network Although the price of gold has been trading rather flat in 2018, analysts are confident gold positive market conditions will continue supporting the yellow metal and even pushing prices higher as we move further into the year and beyond. BMO recently raised its 2018 gold outlook by 4 percent to $1,327

By Hailey Wahlberg Great Bear Resources (TSXV:GBR) (the “Company” or “Great Bear”) today provided an update on ongoing 2018 drilling at its flagship Dixie project, located in the Red Lake district of Ontario. A fully funded drill program consisting of 40 — 50 additional drill holes totalling 7,000 metres is underway and is expected to

By Hailey Wahlberg Commander Resources Ltd. (TSXV:CMD) (“Commander”) and project partners Fjordland Exploration Inc. (TSXV:FEX) (“Fjordland”) and privately-owned High Power Exploration Inc. are pleased to announce that they have begun the 2018 phase 1 drill program at their South Voisey’s Bay Project (the “SVB Property”), located in Labrador, Canada. The work is being funded by