Junior Mining News

Nexus Minerals Reports Pinnacles GT6 Drill Program Results

Nexus Minerals Limited (ASX:NXM) announced the completion of a 4,672 meter aircore drill program at the Pinnacles GT6 prospect. Concurrently, Nexus undertook a regional auger geochemical program infilling three key target areas identified in its first pass regional auger geochemical program. Highlights are as follows: • 4,672m aircore drill program completed at Pinnacles GT6 prospect

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Nevsun shares soar as it rejects $1.2-billion bid from Lundin, Euro Sun

Shares in base metals producer Nevsun Resources (TSX, NYSEMKT:NSU) skyrocketed on Tuesday after the company’s board unanimously rejected a Cdn$1.5-billion (about $1.2bn) unsolicited bid from fellow Canadian miners Lundin Mining and Euro Sun Mining. The suitors had disclosed late on Monday the takeover offer for Vancouver-based Nevsun, noting their disappointment for not having been able

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Centenera Receives Additional Positive Drill Results from Drill Hole 18-ESP-025, Esperanza Copper-Gold Porphyry Project, San Juan Province, Argentina

Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) has received final batch of drill results from drill hole 18-ESP-025 at the Esperanza Copper-Gold Porphyry project. Drill hole 18-ESP-025 collared in mineralization and continued to drill mineralized rock to end of hole (387m; hole abandoned due to drilling difficulties). Mineralization remains open at depth. Laboratory results have been returned

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Hunt Mining Signs Gold Concentrate Agreement with Ocean Partners

Hunt Mining Corp. (TSXV:HMX) announced it has signed an offtake agreement with Ocean Partners USA, Inc. for the delivery of gold-silver concentrate from the La Josefina project located in Santa Cruz Province, Argentina. As quoted in the press release: As part of this agreement, Hunt will receive a US$700,000 advance for the delivery of gold-silver

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Barkerville Gold Announces Drill Results from Island Mountain Exploration

Barkerville Gold Mines Ltd. (TSXV:BGM) announced additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program at the company’s flagship Cariboo Gold project. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors. Highlights are as follows: Drilling Highlights IM-18-023: 42.20 g/t over 2.00 meters IM-18-023: 54.51 g/t

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Signature Announces Appointment of Dr. Dimitrios Kostopoulos to Its Advisory Board

Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (“Signature” or the “Company”) is pleased to announce that it has appoint Dr. Dimitrios Kostopoulos to its advisory board. Dr. Dimitrios Kostopoulos, is a professor of metamorphic petrology and thermodynamics at the National and Kapodistrian University of Athens, Greece, a mineral exploration consultant to Hellenic Mines SA (porphyry Cu-Μο-Au, epithermal

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Antofagasta shares, half-year production hit by Los Pelambres pipeline blockage

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) took a hit on Wednesday after the company announced it had found a blockage in the pipeline that carries copper concentrates from the Los Pelambres processing plant to nearby ports. The company said it would take up to three months for stocks to return to normal, which will

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