News

By Ashley Cowell Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces the results of an independent Preliminary Economic Assessment (“PEA”) on its Rozino gold project (“Rozino” or the “Project”) located in southeast Bulgaria. The PEA provides a base case assessment of developing the Project by open pit mining and gold recovery by a combination […]

By Anwesha Sengupta Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (“Wallbridge” or the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Offering”) through the issuance of 30,000,000 units of the Company (each a “Unit”) for gross proceeds of $3,900,000. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially

By Ashley Cowell White Gold Corp. (TSXV:WGO, OTC – Nasdaq Intl:WHGOF, FRA:29W) (the “Company”) is pleased to announce initial drill results from the Vertigo target on the JP Ross property, Yukon. The Rotary-Air-Blast (“RAB”) drilling followed up on high-grade GT Probe results on the property announced on August 14, 2018. Results received to date include

By Anwesha Sengupta Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com) is pleased to announce that it has received successful results of metallurgical test work verifying that it can produce an upgraded and essentially arsenic-free cobalt concentrate for the NICO Cobalt-Gold-Bismuth-Copper development in Canada (“NICO Project”). Gold can also be recovered by Fortune

By Anwesha Sengupta Pancontinental Resources Corporation (“Pancon”) (TSXV:PUC) (“Pancon” or the “Company”) provides an update on exploration activities at the Company’s early stage nickel-cobalt-copper Montcalm Project, 65km northwest of Timmins, Ontario. The Montcalm Project covers 3,780 hectares and is adjacent to Glencore’s former Montcalm Mine. “We are encouraged by initial and ongoing results of our

By Ashley Cowell Bonterra Resources (TSXV:BTR; OTCQX:BONXF, FWB:9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest drilling results from the ongoing resource development program at the Gladiator Gold Deposit, including an intersection of 29.6 g/t Au over 3.0 m at the South Zone. This indicates the presence of a new high-grade chute and

By Georgia Williams The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened flat on Friday (September 14), down 6.3 points to 15,995.41 at open. Canada’s largest exchange slowly climbed over the morning, and ended up picking up a few points by midday, reaching 16,008.43 at 12:17 p.m. EST. Tech sector stocks gained as much as 2 percent, but

By Investing News Network Securing financing is, for obvious reasons, the most critical component for how junior mining companies survive the downturn of a market and advance an exploration project. Not so easy a task for today’s junior resource companies, especially when exploration funding is so intimately linked with commodities prices, as evidenced by a

By Anwesha Sengupta Northern Sphere Mining Corp. (CSE:NSM) (OTCQB:NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce that it has acquired for nominal consideration Trueclaim Exploration Inc.’s (TSXV: TRM) remaining 20% interest in the joint ventures for the mineral property located in Scadding, Ontario and in Globe, Arizona. “This is a meaningful acquisition for

By Ashley Cowell Sojourn Exploration Inc (TSXV:SOJ) (TSXV: SOJ) (the “Company” or “Sojourn”) is pleased to advise that further to its previous announcements on August 9, 2018 and August 23, 2018, it has closed on the mineral property purchase agreements with Seven Devils Exploration Ltd. (“Seven Devils”) for Seven Devils’ Oxide Peak, Eagle, Rip and