Investing News Network

Ivanhoe Mines Release Q1 2018 Financial Results

Ivanhoe Mines (TSX:IVN) today announced its financial results for the first quarter ended March 31, 2018. The release detailed updates on how it was progressing with advancing its three mine development projects in Southern Africa: The Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC); and the […]

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Gold Standard Expands Resource Potential at Pinion

Gold Standard Ventures Corp. (TSX:GSV) reported on the status of the 2018 infill drilling program at the Pinion oxide gold deposit on its 100 percent-owned/controlled Railroad-Pinion project in Nevada’s Carlin Trend. Highlights are as follows: On the southwest side of Pinion, PR18-52 intersected 22.9 meters of 1.17 grams of gold, including 12.2 meters of 1.73

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Nexus Minerals Reports Pinnacles GT6 Drill Program Results

Nexus Minerals Limited (ASX:NXM) announced the completion of a 4,672 meter aircore drill program at the Pinnacles GT6 prospect. Concurrently, Nexus undertook a regional auger geochemical program infilling three key target areas identified in its first pass regional auger geochemical program. Highlights are as follows: • 4,672m aircore drill program completed at Pinnacles GT6 prospect

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Centenera Receives Additional Positive Drill Results from Drill Hole 18-ESP-025, Esperanza Copper-Gold Porphyry Project, San Juan Province, Argentina

Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) has received final batch of drill results from drill hole 18-ESP-025 at the Esperanza Copper-Gold Porphyry project. Drill hole 18-ESP-025 collared in mineralization and continued to drill mineralized rock to end of hole (387m; hole abandoned due to drilling difficulties). Mineralization remains open at depth. Laboratory results have been returned

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Hunt Mining Signs Gold Concentrate Agreement with Ocean Partners

Hunt Mining Corp. (TSXV:HMX) announced it has signed an offtake agreement with Ocean Partners USA, Inc. for the delivery of gold-silver concentrate from the La Josefina project located in Santa Cruz Province, Argentina. As quoted in the press release: As part of this agreement, Hunt will receive a US$700,000 advance for the delivery of gold-silver

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Barkerville Gold Announces Drill Results from Island Mountain Exploration

Barkerville Gold Mines Ltd. (TSXV:BGM) announced additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program at the company’s flagship Cariboo Gold project. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors. Highlights are as follows: Drilling Highlights IM-18-023: 42.20 g/t over 2.00 meters IM-18-023: 54.51 g/t

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Signature Announces Appointment of Dr. Dimitrios Kostopoulos to Its Advisory Board

Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (“Signature” or the “Company”) is pleased to announce that it has appoint Dr. Dimitrios Kostopoulos to its advisory board. Dr. Dimitrios Kostopoulos, is a professor of metamorphic petrology and thermodynamics at the National and Kapodistrian University of Athens, Greece, a mineral exploration consultant to Hellenic Mines SA (porphyry Cu-Μο-Au, epithermal

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Protesters Urge Ethiopia to Cancel Billionaire’s Gold Mine Permit

Protesters in Ethiopia’s Oromia region have rallied together to persuade the government to withdraw a gold-mining permit from Saudi billionaire Mohammed al-Amoudi, in order to stop alleged pollution. On April 30th, demonstrators began setting up blockades just 358 kilometers south of the capital in Shakiso, but protests have now spread to the towns of Ginchi

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Lundin Mining and Euro Sun Disclose Proposal to Acquire Nevsun Resources

Lundin Mining (TSX:LUN) and Euro Sun Mining (TSX:ESM) today announced that they have submitted a proposal to Nevsun Resources (TSX:NSU) to acquire all of Nevsun’s outstanding common shares for approximately CA$1.5 billion, and have been rejected. As quoted in the press release: Working together, Lundin Mining and Euro Sun have identified a way to create

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Nitinat Minerals: Jasper Property Shows Promise

Nitinat Minerals (TSXV:NZZ) has announced that the work on its Jasper Property in west-central Vancouver Island is underway. The property consists of nine contiguous claims which cover 3978 hectares. As quoted in the press release: The Jasper main grid area is underlain by apparently conformable lithological horizons including an eastern felsic volcanic (dacite or rhyodacite)

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