MEXICO – SilverCrest Metals has announced a $75 million bought deal, led by National Bank Financial, Eight Capital and Scotia Capital, with the underwriters purchasing 9.1 million common shares at $8.25 each. An additional over-allotment option allows …
SILVER-GOLD: SilverCrest raising $75M in bought deal Read More »
Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America’s reputation as an established mining destination gives a head start to companies looki…
Colombia, Ecuador & Peru Snapshot: Companies active in prospective countries Read More »
ONTARIO – The most recent drill results from Treasury Metals’ 50-sq.-km Goliath project intersected high-grade shoots outside of existing resources within the eastern portion of the Main zone. Highlights of the expansion drilling include 4.4 metres of …
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Nexa Resources (TSX: NEXA; NYSE: NEXA) has released a preliminary economic assessment (PEA) for a potential underground mine at its Hilarion project in Peru – one of the largest undeveloped zinc projects in Latin America. Hilarion, 230 km north of Lima…
Nexa completes PEA for Hilarion zinc project in Peru Read More »
BRITISH COLUMBIA – Copper Mountain Mining became on Tuesday the latest company to adjust plans due to ongoing markets collapse and near-term copper price uncertainty as a result of the rapidly spreading coronavirus panic. The Vancouver-based mine…
COPPER: Copper Mountain cuts targets amid market rout, virus fears Read More »
MINNESOTA – An updated preliminary economic assessment released by Talon Metals for the 125-sq.-km Tamarack project, 87 km west of Duluth, suggests a net present value estimate of US$291 million, at a 7% discount rate. When compared with the prior̷…
NICKEL-COPPER: Talon updates Tamarack PEA, increases NPV Read More »
QUEBEC – Days after announcing a $110-million all-share acquisition of Balmoral Resources to expand the Fenelon project, Wallbridge Mining has released drill results from its portion of Fenelon, which expand the mineralized zones and suggest additional…
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QUEBEC – Developer Wallbridge Mining has announced plans to acquire explorer Balmoral Resources in an all-share deal worth $110 million, consolidating the Fenelon gold property, within the Abitibi greenstone belt, to 85.6 sq. km. “The combination of ou…
GOLD: Wallbridge acquires Balmoral in $110M all-share deal Read More »
ONTARIO – A day after its shares started trading on the TSX Venture exchange, Canada Nickel Company released a maiden resource estimate for the wholly-owned Crawford nickel-cobalt sulphide project near Timmins. The resource features 600.4 million tonne…
NICKEL-COBALT: Canada Nickel tables maiden Crawford resource Read More »
MANITOBA – Rockcliff Metals has released resource updates for the Tower and Talbot volcanogenic massive sulphide (VMS) deposits within the Flin Flon-Snow Lake greenstone belt. At its wholly-owned Tower property, indicated resources are now at 1 million…
COPPER-ZINC: Rockcliff updates Tower and Talbot resources Read More »
