News

By Pia Rivera ALGOLD RESOURCES LTD. (TSXV:ALG) (“Algold” or the “Corporation”) today announced the results of a positive Preliminary Economic Assessment (“PEA”) for the Tijirit Gold Project in Mauritania. The National Instrument 43-101 (“NI 43-101”) compliant PEA work was prepared by Ausenco Engineering Canada (“Ausenco”) in collaboration with DRA/Met-Chem and SGS-Geostat. Highlights of the Tijirit […]

By Nicole Rashotte Mawson Resources Limited (TSX: MAW) announced results from five new drill holes at the company’s 100 percent owned Rajapalot gold-cobalt project in Northern Finland. Holes are reported from three prospect areas and all intersected gold mineralization. Highlights are as follows: The best result reported is PAL0092 which intersected 4.0 metres @ 17.7

By Pia Rivera Chilean Metals Inc. (TSXV:CMX, OTCQB: CMETF, SSE:CMX, MILA: CMX). Toronto based Chilean Metals Inc. announced today that Mick Sharry has been appointed to the board of directors of Chilean Metals. Mick has over twenty years experience in Australia, South East and Central Asia, South America and the Caribbean. He has also been

By Nicole Rashotte Goldplay Exploration Ltd. (TSXV:GPLY), announced that the phase I drilling program has started on the El Habal Property in Sinaloa, Mexico. The phase I core drill program will include six drill holes in the Santos and La Reina targets totalling an estimated 1,500 meters. As quoted in the press release: The drill

By Scott Tibballs Last Friday (May 18), the S&P/TSX Venture Composite Index (INDEXTSI:JX) rose 3.09 points, or 0.4 percent, to close at 784.44. Oil drove the market last week, with the news that the US will be withdrawing from the Iran deal biting. Oil has been on its way up, with energy companies wary of

By Anwesha Sengupta Chilean Metals Inc. (TSXV:CMX, OTCQB:CMETF, SSE:CMX, MILA:CMX, FRA:IVV1, BER:IVV1) has announced plans to raise additional capital to finance exploration on its Bass River projects and additional projects in Nova Scotia and for general working capital requirements. Chilean will offer both traditional (hard dollar) and Flow-through equity (for the exploration only). The traditional

By Hailey Wahlberg FALCON GOLD CORP. (TSXV:FG) (“Falcon” or the “Company”) is pleased to announce it has closed an over-subscribed $221,000 financing pursuant to its previously announced ($200,000) private placement. The Company has issued 4,420,000 priced at $0.05 per Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable

By Nicole Rashotte Avesoro Resources Inc. (TSX:ASO) reported the final assay results from its 55 hole New Liberty infill drilling programme, stating that the 19,500 metre programme was completed in Q1 2018 and is designed to upgrade a proportion of 275, 000 ounces of existing inferred mineral resource which sits below the current designed pit

By Nicole Rashotte Centerra Gold Inc. (TSX: CG) announced that its wholly-owned subsidiary, AuRico Metals Inc. (AMI), has entered into agreements with Triple Flag Mining Finance Bermuda Ltd. in connection with the sale of AMI’s royalty portfolio and a silver stream on the Kemess project for combined aggregate proceeds of US$200 million. As quoted in

By Nicole Rashotte SEMAFO Inc. (TSX:SMF) announced that the commissioning of the Boungou Mine process plant is underway, with the first ore scheduled to be introduced to the mill circuit by month-end. The company expects to achieve the first gold pour at Boungou in June, slightly ahead of schedule. Highlights are as follows: Overall project