News

Northisle Announces Initial Exploration Program for Pemberton Hills Under a Farm-Out Option

NorthIsle Copper and Gold (TSXV:NCX)(“Northisle” or the “Company”) and Freeport-McMoRan Mineral Properties Canada Inc. (“Freeport”) have agreed to an initial work plan and budget for Northisle’s wholly-owned Pemberton Hills Property located on Vancouver Island, in British Columbia. The program is being fully-funded by Freeport under a farm-out Option Agreement executed earlier this year and announced […]

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Midas Shares Up After Barrick Announces US$38-million Investment

Shares of Midas Gold (TSX:MAX) climbed almost 19 percent after top gold producer Barrick Gold (TSX:ABX, NYSE:ABX) announced it will increase its stake in the Vancouver-based company. Barrick will purchase 46.55 million Midas common shares at a price of C$1.06 per share for gross proceeds of US$38,065,907. The transaction will close around May 15, 2018,

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Imperial Reports First Quarter 2018 Financial Results Detailing a 1.9 Percent Revenue Increase

Imperial Metals Corporation (TSX:III) has released its financial results for the three months ended March 31, 2018. As highlighted in the press release: Revenues increased to CA$117.9 million in the March 2018 quarter compared to CA$115.7 million in the 2017 comparative quarter, an increase of CA$2.2 million or 1.9 percent. Revenue from the Red Chris

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Constantine Announces 2018 Exploration Plans for Palmer Project

Constantine Metal Resources (TSXV:CEM) has announced its 2018 exploration plans for the Palmer copper-zinc-silver-gold joint venture project in Southeast Alaska. According to the company, it plans to begin a 10,000m diamond drill program using two rigs starting in early June, an updated mineral resource estimate and prelimary economic assessment study and to advance plans to

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Golden Queen Announces Q1 2018 Results

Golden Queen Mining Co. Ltd. (TSX:GQM) announced its financial results for the quarter ended March 31, 2018 at its Soledad Mountain gold-silver mine located south of Mojave, California. Highlights are as follows: FIRST QUARTER OPERATIONAL HIGHLIGHTS gold production of 6,579 ounces silver production of 58,024 ounces average gold and silver grade placed this quarter was

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ML Gold Arranges 1.0 Million Financing

ML Gold Corp (TSXV:MLG) is pleased to announce a non-brokered private placement to raise total gross proceeds of CDN$1,000,000. The Company will issue 4,000,000 non flow-through units at $0.10 per unit (for gross proceeds CDN$400,000) and 5,000,000 flow-through units at $0.12 per unit (for gross proceeds of CDN$600,000). Each non flow-through unit at $0.10 comprises

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Stratabound Announces Closing of Private Placements to Fund Golden Culvert Project Exploration

Stratabound Minerals Corp (TSXV:SB) (“Stratabound” or “the Company”) is pleased to announce that it has closed the non-brokered private placement (the “Private Placement”) offering of units (the “Units”) of the Company, and common shares offered on a flow-through basis (the “Flow-Through Shares”) as first announced on April 27, 2018. Each Unit consisted of one common

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