Investing News Network

Adriatic Announces Further Extension to Rupice Zone

By Scott Tibballs Adriatic Metals (ASX:ADT) has announced that it has received the assay results from the second hole completed in its 15,000m drilling program at Rupice in Bosnia and Herzegovina. According to Adriatic, the intersection represents an 80m down dip extension from BR-5-17, drilled by the company in 2017. BR-3-18 was collared 30m to […]

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Dalradian Agrees to C$537-million Takeover Bid From Orion

By Nicole Rashotte Private equity firm Orion Mine Finance will acquire Dalradian Resources (TSX:DNA, LON:DALR) for a recommended cash offer of C$1.47 per share, allowing it to expand ownership of the vast gold deposit of Curraghinalt, the companies announced on Thursday (June 21). Under the agreement, Curraghinalt will continue to be backed by Osisko Gold

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Lumina, First Quantum Formalize Ecuadorian Excursion

By Scott Tibballs Canadian miners Lumina Gold (TSXV:LUM) and First Quantum Minerals (TSX:FM) are now bound together after the two signed an earn-in agreement for Lumina’s Ecuadorian gold–copper concessions. Lumina announced the news on Thursday (June 21), which will see First Quantum contribute US$1.5 million in the next year for exploration on two concessions, Orquideas

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Fortune Minerals on Resource World Magazine

By Hamza Ghaznavi Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) got featured on Resource World Magazine. The article talked about a renewed interest in the company’s NICO project after a recent surge in pricing. “The company has entered into approximately 30 confidentiality agreements with potential strategic partners from diverse business sectors.” – Fortune Minerals CEO Robin Goad

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Sumitomo Buys 5-percent Stake in Yanacocha Gold Mine for U$48 Million

By Nicole Rashotte Japan’s Sumitomo (TYO:8053) has purchased a 5-percent stake in the Yanacocha gold mine in Peru for US$48 million in order to boost its metals portfolio, the company announced on Thursday (June 21). Yanacocha has been in production since 1993 and was once Peru’s largest gold mine. In recent years, production has declined

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Rockhaven Substantially Upgrades Gold and Silver Mineral Resources at its Klaza Project, Yukon

By Hailey Wahlberg Rockhaven Resources Ltd. (TSXV:RK) (“Rockhaven”) is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The updated Mineral Resource estimates incorporate results from

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Osprey Completes Sampling and Submits Previously Unsampled Core for Analysis, Begins Trenching Program at Caribou Gold Project

By Hamza Ghaznavi Osprey Gold Development Ltd. (TSXV:OS, OTCQB:OSSPF) is pleased to provide an update on its 2018 exploration, underway at the Caribou Gold Project (“Caribou”) located in Nova Scotia, Canada approximately 80 kilometers northeast of the city of Halifax, Nova Scotia, and 8 kilometers (“km”) north of Atlantic Gold’s Moose River Consolidated mill site.

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Nexus Gold to Drill 4000 Meters at Bouboulou-Rakounga and Niangoeula Concessions, Burkina Faso

By Hailey Wahlberg Nexus Gold Corp. (“Nexus” or the “Company”) (TSXV:NXS, OTC:NXXGF, FSE:N6E) is pleased to announce it is commencing a 4000-meter RC drill program at it’s three Burkina Faso projects. The summer drill program will begin immediately and will consist of approximately 2000 meters of reverse circulation drilling on the Rakounga exploration permit and

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Firesteel Resources Inc. Appoints Process and Plant Manager, Rounding out the Top Team at Laiva

By Hamza Ghaznavi Firesteel Resources (TSXV:FTR) (“Firesteel”) today announced that it has appointed Scott Salisbury as Process and Plant Manager at Laiva Mine. Mr. Salisbury will be resident in Finland. Scott Salisbury brings more than 25 years’ experience in the international mining sector. Scott holds a Bachelor of Engineering from the University of Southern Queensland,

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Sampling and Mapping Program At Angkor’s Wild Boar and Wild Monkey Prospects Results In 20.6 GPT Gold Grab Sample

By Hailey Wahlberg Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) (“Angkor” or “the Company”) CEO Stephen Burega is pleased to provide an update on the recent mapping and sampling program at Angkor’s Andong Meas License in Cambodia. HIGHLIGHTS Highlights of exploration at Wild Boar and Wild Monkey prospects include: Multiple grab samples from Wild Boar returned gold

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