News

CMX Expands Cobalt Focus With Economy East Option

By Hailey Wahlberg Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSXV:CMX, OTCQB:CMETF, SSE:CMX, MILA:CMX) has entered into an option to acquire the Economy East Exploration License which consists of 12 claims. Economy East is located 8km west of our Trident Prospect in the Cobequid Highlands and is considered prospective for IOCG-Cobalt style mineralisation. […]

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Underground Sampling By Angkor At Mesco’s Phum Syarung Mine Site Yields 40.2 GPT Gold Grab Sample

By Hailey Wahlberg Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) (“Angkor” or “the Company”) President J.P. Dau is pleased to provide an update regarding underground grab sample assays on material recently obtained from the Mesco mine site at Phum Syarung. RECENT DEVELOPMENTS As previously reported by the Company, Angkor staff visited the Phum Syarung mine site in

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Vast Resources Obtain Agreement from Romanian Government for Baita Plai

By Scott Tibballs Vast Resources (LSE:VAST) has announced that an agreement has been obtained from the Romanian minister of economy in relation to the association licence agreement with Baita SA, the holder of the Baita Plai head licence. According to Vast this is a major milestone in the companies goal to be granted mining rights

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Adriatic Announces Further Extension to Rupice Zone

By Scott Tibballs Adriatic Metals (ASX:ADT) has announced that it has received the assay results from the second hole completed in its 15,000m drilling program at Rupice in Bosnia and Herzegovina. According to Adriatic, the intersection represents an 80m down dip extension from BR-5-17, drilled by the company in 2017. BR-3-18 was collared 30m to

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Dalradian Agrees to C$537-million Takeover Bid From Orion

By Nicole Rashotte Private equity firm Orion Mine Finance will acquire Dalradian Resources (TSX:DNA, LON:DALR) for a recommended cash offer of C$1.47 per share, allowing it to expand ownership of the vast gold deposit of Curraghinalt, the companies announced on Thursday (June 21). Under the agreement, Curraghinalt will continue to be backed by Osisko Gold

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Lumina, First Quantum Formalize Ecuadorian Excursion

By Scott Tibballs Canadian miners Lumina Gold (TSXV:LUM) and First Quantum Minerals (TSX:FM) are now bound together after the two signed an earn-in agreement for Lumina’s Ecuadorian gold–copper concessions. Lumina announced the news on Thursday (June 21), which will see First Quantum contribute US$1.5 million in the next year for exploration on two concessions, Orquideas

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Fortune Minerals on Resource World Magazine

By Hamza Ghaznavi Fortune Minerals Limited (TSX:FT; OTCQX:FTMDF) got featured on Resource World Magazine. The article talked about a renewed interest in the company’s NICO project after a recent surge in pricing. “The company has entered into approximately 30 confidentiality agreements with potential strategic partners from diverse business sectors.” – Fortune Minerals CEO Robin Goad

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Sumitomo Buys 5-percent Stake in Yanacocha Gold Mine for U$48 Million

By Nicole Rashotte Japan’s Sumitomo (TYO:8053) has purchased a 5-percent stake in the Yanacocha gold mine in Peru for US$48 million in order to boost its metals portfolio, the company announced on Thursday (June 21). Yanacocha has been in production since 1993 and was once Peru’s largest gold mine. In recent years, production has declined

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Rockhaven Substantially Upgrades Gold and Silver Mineral Resources at its Klaza Project, Yukon

By Hailey Wahlberg Rockhaven Resources Ltd. (TSXV:RK) (“Rockhaven”) is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. The updated Mineral Resource estimates incorporate results from

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