News

Orla Releases Positive Drill Results from Cerro Quema Project

By Scott Tibballs Orla Mining (TSXV:OLA)has reported that drilling in the Caballito copper-gold zone at its Cerro Quema project in Panama continues to intersect near-surface mineralization with greater than 1 percent copper and associated gold values. As quoted in the press release: Diamond drill hole CQDH18-163 intersected 147.7 metres at 1.25 percent copper and 0.28

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Pacton Gold to Acquire Highly Prospective Bellary Dome Project in Pilbara Mining Region where Multiple Nuggets Discovered

By Hailey Wahlberg Pacton Gold Inc. (TSXV:PAC, OTC:ACXF) (the “Company” or “Pacton”) is pleased to announce that it has entered into a binding letter of intent (“LOI”) to acquire 100% of the Bellary Dome (“Bellary Dome”) exploration license 47/2555 from Marindi Metals Inc. (MZN:ASX) (“Marindi”). Highlights of the Bellary Dome Project: Located on the southern

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Brixton Metals Announces Intention to Spin-out its Cobalt Assets

By Hailey Wahlberg Brixton Metals Corporation (TSXV:BBB) (the “Company” or “Brixton”) is pleased to announce the intention to spin-out its Cobalt assets located in the Cobalt Camp, Ontario into a standalone public company. Chairman and CEO of Brixton, Gary R. Thompson stated, “Given the recent activity in the Cobalt market with higher prices and strong

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Brixton Metals Announces Intention to Spin-out its Cobalt Assets

By Hailey Wahlberg Brixton Metals Corporation (TSXV:BBB) (the “Company” or “Brixton”) is pleased to announce the intention to spin-out its Cobalt assets located in the Cobalt Camp, Ontario into a standalone public company. Chairman and CEO of Brixton, Gary R. Thompson stated, “Given the recent activity in the Cobalt market with higher prices and strong

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Enforcer Gold Intersects 0.73 g/t Gold Over 219.7 Meters on the MOP II Gold-Copper Deposit, Roger Project

By Pia Rivera Enforcer Gold Corp (“Enforcer” or the “Company”) (TSXV: VEIN, FSE: N071) is pleased to announce the results from its 2018 Phase 1 diamond drilling program on the MOP II gold-copper deposit. The Roger Project is located 5 km north of Chibougamau, Quebec, has all-season road access and is crossed by a power

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Bonterra to Acquire Metanor in Strategic Expansion Move

By Nicole Rashotte Bonterra Resources (TSXV:BTR) will acquire Metanor Resources (TSXV:MTO) with the intention of creating an advanced Canadian gold exploration and development corporation, the companies announced on Monday (June 18). The newly combined company’s first and main goal will involve expanding its presence in the Urban Barry Quebec gold camp, with the goal of

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Parallel Mining Acquires Mane II Exploration Property in Burkina Faso

By Hailey Wahlberg Parallel Mining Corp. (TSXV:PAL) (the “Company” or “Parallel”) is pleased to announce that the Company has entered into an option agreement (“Option Agreement”) to acquire a 100% interest in the 163-square kilometre Mane II Property (“Mane”) in Burkina Faso. The Mane property is located in the Kaya-Goren greenstone belt, approximately 20 kilometers

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Rainy Mountain Looks for Opportunities Outside Canada

By Scott Tibballs Rainy Mountain Royalty Corp (TSXV:RMO) has released information detailing that the company is exploring opportunities in the base metals sector outside of Canada, including in Namibia. In a release on Monday (June 18) where the company outlined it’s current projects in Ontario, the company said that “a potential transaction to acquire a

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Out with the Gold: The Big Data, AI Mining Revolution

By Georgia Williams There are few sectors and industries that have not been impacted by technological advancement. Whether it’s improving efficiency, enhancing transparency or transforming the supply chain, big data, machine learning and AI are poised to reshape the mining sector as we know it; and the timing couldn’t be any better. At the recent

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