Investing News Network

Avesoro Resources Reports Infill Drilling Results at New Liberty

By Nicole Rashotte Avesoro Resources Inc. (TSX:ASO) reported the final assay results from its 55 hole New Liberty infill drilling programme, stating that the 19,500 metre programme was completed in Q1 2018 and is designed to upgrade a proportion of 275, 000 ounces of existing inferred mineral resource which sits below the current designed pit […]

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Centerra Gold Sells Royalty Portfolio and Kemess Silver Stream

By Nicole Rashotte Centerra Gold Inc. (TSX: CG) announced that its wholly-owned subsidiary, AuRico Metals Inc. (AMI), has entered into agreements with Triple Flag Mining Finance Bermuda Ltd. in connection with the sale of AMI’s royalty portfolio and a silver stream on the Kemess project for combined aggregate proceeds of US$200 million. As quoted in

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SEMAFO Announces Commissioning of the Boungou Mine is Underway

By Nicole Rashotte SEMAFO Inc. (TSX:SMF) announced that the commissioning of the Boungou Mine process plant is underway, with the first ore scheduled to be introduced to the mill circuit by month-end. The company expects to achieve the first gold pour at Boungou in June, slightly ahead of schedule. Highlights are as follows: Overall project

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Aethon Minerals Announces Option to Acquire the Llanos De Llahuin Project

By Scott Tibballs Aethon Minerals (TSXV:AET),has announced that it has entered into an option agreement through its wholly-owned subsidiary, Aethon Minerals Chile SpA, to acquire a 100 percent interest in the Llanos De Llahuin project in Chile. As described in the press release the project is approximately 250 km north of Santiago and is situated

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Canuc Announces LOI for Acquisition of Oil Assets

By Hamza Ghaznavi Canuc Resources Corporation (TSXV:CDA) is pleased to advise that it has signed a letter of intent (LOI) to acquire Full Circle Energy Ltd. (“Full Circle”), an Ontario Corporation. Full Circle’s principal corporate assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farmin agreement that references a

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Pancon Commences Exploration on Two Properties at Its Montcalm West Nickel-Cobalt-Copper Project

By Hamza Ghaznavi Pancontinental Gold Corporation (TSXV:PUC) (“Pancon” or the “Company”) has commenced exploration on two of three properties at its camp-sized Montcalm West Nickel-Cobalt-Copper Project, adjacent to Glencore’s former Montcalm Nickel-Cobalt-Copper Mine in the Montcalm Gabbro Complex, 65 kilometres west of Timmins, Ontario. The first phase of exploration will focus on the Montcalm Property,

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Spearmint Looking to Start Operations on Gold Prospects in British Columbia

By Pia Rivera Spearmint Resources Inc. (TSXV:SRJ) (OTC Pink: SPMTF) (FSE: A2AHL5) (“SRJ” or the “Company”) wishes to announce that the company is planning to commence operations shortly on its numerous gold properties in British Columbia. James Nelson, President of Spearmint states, “We look forward to starting up operations on our properties located within the

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Filo Mining drills 68 metres of 0.74% copper, 1.34 g/t gold, 100.1 g/t silver and 64 metres of 1.10% copper, 0.69 g/t gold at Filo del Sol

By Hailey Wahlberg Filo Mining Corp (TSXV:FIL, Nasdaq First North: FIL) (“Filo Mining”, “Filo”, or the “Company”) is pleased to announce continued excellent results from the recently completed 2017/18 drill program at the Filo del Sol project in San Juan Province, Argentinaand Region III, Chile. A total of 9,411 metres was drilled during the program,

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Komet Announces Corporate Restructuring

By Anwesha Sengupta Komet Resources Inc. (TSXV:KMT) announces appointments for the following executive positions effective May 14, 2018: Mr. Werner Claessens as President and Chief Executive Officer; Mr. Pascal Van Osta as Vice-president Exploration and Chief Operating Officer; Mr. Étienne Courchesne as Chief Financial Officer. Mr. Claessens and Mr. Van Osta are professional geologists and

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