News

By Hailey Wahlberg Fortune Minerals Limited (TSX:FT) (OTCQX:FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) announces two community sponsorship initiatives to support education in the Northwest Territories (“NWT”) as it advances its NICO Cobalt-Gold-Bismuth-Copper project toward construction. Fortune is pleased to be a co-sponsor, together with the NWT government, and other industry, community and education partners, in […]

By Anwesha Sengupta Asante Gold Corporation (CSE:ASE Frankfurt:1A9) (“Asante” or the “Company”) announces that in addition to our previous disclosure re sourcing a 50:50 joint venture partner for the exploration and development of our Kubi Gold project in Ghana, that the Company will now consider cash bids for a 100% buy-out. Asante is continuously evaluating

By Ashley Cowell Deer Horn Capital (CSE:DHC) (the “Company” or “Deer Horn”), reports that, according to researchers at Colorado State University, generating electricity from cadmium-telluride photovoltaics (CdTe PV) has now become less expensive than electricity from fossil fuels in many utility-scale applications. “The levelized cost of energy (LCOE) from CdTe PV is ~$0.04/kWh,” says the

By Anwesha Sengupta Pacton Gold (TSXV:PAC; US:PACXF) (the “Company” or “Pacton”) is pleased to announce that further to its news release of August 7, 2018, it has entered into a sale agreement (the “Agreement”) to acquire 100% of both the Yandicoogina and Boodalyerrie exploration licenses and mining leases from Gardner Mining Pty Ltd (“Gardner Mining”).

By Anwesha Sengupta 4 claims optioned covering 654 hectares adjoining Bootleg Lake claims Gold and VMS exploration targets on new claims Phantom Ledge Lake Gold target with past drill results including 0.655 oz/t (20.37 g/t) Au over 0.5 metres and 0.401 oz/t (12.47 g/t) Au over 0.5 metres Curve Lake VMS target with assays of

By Charlotte McLeod  With production growth falling and few new projects in the pipeline, what’s the investment appeal of major gold miners right now? Charles Cooper, head of mine economics at Metals Focus, addressed that issue at last week’s Denver Gold Forum, commenting, “the question I suppose you would want to ask is, ‘why

By Nicole Rashotte Shares of junior miner White Gold (TSXV:WGO, OTCMKTS:WHGOF, FWB:29W) surged 21 percent after the company uncovered multiple high-grade gold intercepts at its Vertigo target on the JP Ross property in the Yukon. On Tuesday (October 2), the company said it had intersected 23.44 grams per tonne gold over 24.38 meters from surface,

By Hailey Wahlberg ExGen Resources Inc. (TSXV:EXG) (OTC:BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Global Mining Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Idaho, USA. Further to previous ExGen news releases, ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”),

By Anwesha Sengupta Blackrock Gold Resources (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement”) of up to 6,000,000 units (the “Units”) at a price of $0.05 per Unit, for gross proceeds of up to $300,000. Each Unit is comprised of one common share and one-half of one

By Charlotte McLeod  Are better times ahead for gold and gold companies? According to Adrian Day of Adrian Day Asset Management, “yes” is a likely answer. “Right now I think there’s some good signs that the market is turning, particularly for gold stocks,” he said on the sidelines of last week’s Denver Gold Forum.