News

By Anwesha Sengupta Great Bear Resources (TSXV:GBR, OTC:GTBDF) (the “Company” or “Great Bear”), today announced results from the first 5 drill holes of its Phase 2 drill program at its Dixie project in the Red Lake district of Ontario. A total of 15 holes were drilled along 2.3 kilometres strike length of a prospective geological […]

By Charlotte McLeod  Last week, the gold price dipped below $1,300 per ounce for the first time this year, and since then the yellow metal has struggled to get back above that level. Speaking at the International Mining Investment Conference in Vancouver, Mercenary Geologist Mickey Fulp said that price drop could spell trouble for

By Hailey Wahlberg Gold Resource Corporation (NYSE American:GORO) (the “Company”) declares its monthly instituted dividend of 1/6 of a cent per common share for May 2018 payable on June 25, 2018 to shareholders of record as of June 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in

By Hailey Wahlberg Pancontinental Gold Corporation (TSXV:PUC) (“Pancon” or the “Company”) is pleased to announce that is has closed its previously announced debt settlement through the issuance of 1,126,000 common shares (the “Common Shares”) in the capital of the Company at a price of $0.07 per Common Share (the “Debt Settlement”). All Common Shares issued

By Olivia Da Silva Through a binding letter of intent (LOI), Pacton Gold (TSXV:PAC) has acquired 100 percent of Drummond East, an Australian exploration company owned by Impact Minerals (ASX:IPT). This acquisition sets Pacton up to receive around 1,126 square kilometers of property, making the company the third-largest landholder in Australia’s Pilbara region. In total,

By Scott Tibballs Copper Mountain (TSX:CMMC,ASX:C6C) has announced that the board has approved a $5 million budget for its Cloncurry project located in Queensland, Australia. The company will follow-up on drill programs from last year, and carry out supportive works on the full feasibility study on the proposed Eva Copper mine which was acquired in

By Nicole Rashotte SEMAFO Inc. (TSX:SMF) reported that it has signed a mining services contract with African Underground Mining Services (“AUMS”) to provide turnkey mining services for Siou underground. AUMS is a well-known and reputable mining contractor with underground experience in Burkina Faso and across Africa. As quoted in the press release: Under the mining

By Nicole Rashotte Moneta Porcupine Mines Inc. (TSX:ME) announced the results from seven additional diamond drill holes completed on the south west deposit located within the company’s Golden Highway project. Highlights are as follows: Step-out drilling at South West has continued to extend the strike and depth extent of the vein structures, and two of

By Hamza Ghaznavi Carube Copper Corp. (TSXV:CUC) (the “Company”) is pleased to announce that the Company has signed an option agreement on its 100% owned Rogers Creek Copper Project located in southwest British Columbia. Tocvan Ventures Corp. of Calgary Alberta will have the right to earn 80% of the project by spending $1.9M on exploration

By Anwesha Sengupta Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF (“Signature” or the “Company”)is pleased to announce that it has received additional interpretation of its airborne geophysical data. The interpretation defines a new horizon (“South Horizon”) with multiple high priority targets. The geophysical response of the South Horizon is similar to that observed for the Lingman Lake