Investing News Network

VVC Exploration Commences Phase III Drilling Program on the Samalayuca Copper Project, Chihuahua State, MX

By Hamza Ghaznavi VVC Exploration Corp (TSXV:VVC) is pleased to announce the commencement of the third phase of diamond drilling on its Samalayuca Project (“Samalayuca Project”) in northern Chihuahua State, Mexico. Jim Culver, VVC CEO commented: “We are pleased that the drilling equipment has arrived at Samalayuca this morning and is currently been mobilized to […]

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The Next Leg of the Supercycle is Coming — Here’s What One Speculator is Planning

By Charlotte McLeod Optimism is running high in the resource space, and speculator Lobo Tiggre is ready to take the bull by the horns. Tiggre, who is better known by his pen name Louis James, worked at Casey Research for over a decade, writing the company’s flagship publication, the International Speculator. Now he’s branching out

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Scions, Tycoons and Mystery Shareholders Battle for Russia’s Richest Gold Mines

By Nicole Rashotte Russia’s Petropavlovsk (LSE:POG) once again finds itself in the middle of a coup that involves ousting its current board as the scion of one of Europe’s great banking families, a Kazakh tycoon who owns hedge fund D.E. Shaw, and mystery shareholders fight for control over the London-listed miner. The potential coup comes

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Canyon Copper Announces Drill Results from Bootleg Lake Project

By Hamza Ghaznavi Canyon Copper Corp. (“Canyon” or the “Company”) (TSXV:CNC) is pleased to announce the drill results of the first two diamond drill holes completed on Canyon’s Bootleg Lake project, located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba. Drill holes BL-01 and BL-02 are the first two

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Positive Completion of Due Diligence by Chalice Gold Mines Limited

By Anwesha Sengupta Renforth Resources (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce that Chalice Gold Mines Limited (ASX – CHN / TSX – CXN) (“Chalice”) has completed their due diligence and elected to proceed with the option on Renforth’s Denain-Pershing Property, as previously announced. Pursuant to the option agreement, a $50,000 payment has

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Pacton Gold Welcomes Eric Sprott As Significant Strategic Shareholder And Appoints New Director

By Anwesha Sengupta Pacton Gold Inc. (TSXV:PAC) (the “Company” or “Pacton”) is pleased to welcome Mr. Eric Sprott as a significant new shareholder of the Company, as announced in the recent press release dated May 9, 2018, which discussed the closing of a $5.5 million strategic financing. Mr. Sprott purchased approximately 10.1% of the outstanding

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Guyana Goldstrike Completes Preliminary Trenching, Mapping and Sampling at Marudi

By Nicole Rashotte Guyana Goldstrike Inc. (TSXV:GYA) reported that the company’s geological team has completed preliminary trenching, mapping and sampling at the Paunch area on its Marudi Gold project located in the Guiana gold belt, Guyana, South America. As quoted in the press release: A total of 166.4 metres of surface trenching was completed at

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GoldMining Completed Indirect Acquisition of Narrow Lake Property

By Nicole Rashotte GoldMining Inc. (TSXV:GOLD) announced that, further to its news release dated April 26, 2018, the company has completed its indirect acquisition of the Narrow Lake property. The property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the company’s

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Randgold’s Mining Setbacks Hit Earnings and Gold Production in Q1

By Nicole Rashotte One of Africa’s biggest gold producers, Randgold Resources (LSE:RRS), failed to meet earning and production expectations in Q1 2018 due to several mining mishaps, including a labor dispute at its Tongon mine, leaving the operation unlikely to hit its full-year target, the miner said Thursday (May 10). The company’s Q1 output fell

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