Investing News Network

Carube Copper Strengthens Board and Positions for Growth

By Hailey Wahlberg Carube Copper Corp. (TSXV:CUC) is pleased to report the appointment of three new directors at its Annual General and Special Meeting (“AGM”) held in Toronto, Ontario, on May 24, 2018. Tony Manini, Chairman of the Board of Carube Copper stated, “I am very pleased to welcome our three new directors to Carube […]

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Desert Gold Closes Non-Brokered Private Placement

By Hailey Wahlberg Desert Gold Ventures Inc. (the “Company”) (TSXV:DAU, FF:QXR2, OTC:DAUGF) announces, further to its news release of April 26, 2018 that the Company has closed its non-brokered private placement (the “Offering”). The Company raised an aggregate of $647,500 from the sale of 4,676,668 units at a price of $0.15 per unit (the “Unit”).

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Great Bear’s Drilling Returns High Grade Gold at Dixie Project, Red Lake, Ontario

By Anwesha Sengupta Great Bear Resources (TSXV:GBR, OTC:GTBDF) (the “Company” or “Great Bear”), today announced results from the first 5 drill holes of its Phase 2 drill program at its Dixie project in the Red Lake district of Ontario. A total of 15 holes were drilled along 2.3 kilometres strike length of a prospective geological

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VIDEO — Mickey Fulp: Should Investors Worry About Gold this Summer?

By Charlotte McLeod  Last week, the gold price dipped below $1,300 per ounce for the first time this year, and since then the yellow metal has struggled to get back above that level. Speaking at the International Mining Investment Conference in Vancouver, Mercenary Geologist Mickey Fulp said that price drop could spell trouble for

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Gold Resource Corporation Declares May Monthly Dividend

By Hailey Wahlberg Gold Resource Corporation (NYSE American:GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for May 2018 payable on June 25, 2018 to shareholders of record as of June 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in

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Pancontinental Announces Completion of Debt Settlement

By Hailey Wahlberg Pancontinental Gold Corporation (TSXV:PUC) (“Pancon” or the “Company”) is pleased to announce that is has closed its previously announced debt settlement through the issuance of 1,126,000 common shares (the “Common Shares”) in the capital of the Company at a price of $0.07 per Common Share (the “Debt Settlement”). All Common Shares issued

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Pacton Gold Takes Larger Slice of the Pilbara Pie

By Olivia Da Silva Through a binding letter of intent (LOI), Pacton Gold (TSXV:PAC) has acquired 100 percent of Drummond East, an Australian exploration company owned by Impact Minerals (ASX:IPT). This acquisition sets Pacton up to receive around 1,126 square kilometers of property, making the company the third-largest landholder in Australia’s Pilbara region. In total,

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Copper Mountain Releases Exploration Plans for Australia

By Scott Tibballs Copper Mountain (TSX:CMMC,ASX:C6C) has announced that the board has approved a $5 million budget for its Cloncurry project located in Queensland, Australia. The company will follow-up on drill programs from last year, and carry out supportive works on the full feasibility study on the proposed Eva Copper mine which was acquired in

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SEMAFO Signs Underground Mining Services Contract with AUMS

By Nicole Rashotte SEMAFO Inc. (TSX:SMF) reported that it has signed a mining services contract with African Underground Mining Services (“AUMS”) to provide turnkey mining services for Siou underground. AUMS is a well-known and reputable mining contractor with underground experience in Burkina Faso and across Africa. As quoted in the press release: Under the mining

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