SilverCrest to resume Las Chispas operations
Company will resume exploration and development work at its gold-silver project in Sonora, Mexico by mid-May.
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exploration
GOLD: Great Bear raises $33M in upsized bought deal, expands Dixie Limb at depth
ONTARIO – Great Bear Resources is raising $33 million in an upsized (from $20 million previously) bought deal private placement. The syndicate of underwriters is led by Canaccord Genuity, with Great Bear issuing 1.47 million flow-through shares at $17 …
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GOLD: Wesdome drills high grades at Kiena Deep A zone
QUEBEC – Wesdome Gold Mines has released drill results from the past-producing Kiena mine complex in Val d’Or. The drill highlights include 3 metres of 108.2 g/t gold, 5.2 metres of 47.8 g/t gold and 12.4 metres of 41.3 g/t…
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NICKEL-COBALT-COPPER: Eurobattery Minerals to acquire project in Finland
FINLAND – Eurobattery Minerals announced that it has signed an investment and shareholders agreement that includes an option for a staged acquisition of 100% of the shares in Vulcan Hautalampi Oy, which is the sole owner of the Hautalampi nickel-…
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Council increases mapping to drive South Africa’s exploration attractiveness
As part of government’s response to keep the South African economy afloat during the outbreak of Covid-19 and beyond, the Council for Geosciences (CGS) has been mandated to increase its country-wide survey to bolster South Africa as an exploration hots…
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Great Bear hits high grades at Dixie, shares up
Great Bear’s stock was up 11% on doubled known depth of gold mineralization.
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GOLD: Gran Colombia proposes merger with Gold X, Guyana Goldfields
TORONTO – Producer Gran Colombia Gold has announced that it has signed a definitive agreement for a business combination with Gold X Mining. The company has also submitted a proposal to acquire Guyana Goldfields in an all-share deal, which, on…
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GOLD: First Mexican acquires Golden Giant project
QUEBEC – First Mexican Gold (FMG) announced that it has received approval from the TSX Venture Exchange and has completed the acquisition of a 100% interest in the Golden Giant project. In a press release, the Canadian miner said the acquisition …
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Pure Gold on track to open Red Lake mine this year
The Canadian junior is targeting the end of 2020 for the first gold pour at the high-grade, past-producing mine.
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Aurania finds road that may have connected ancient mining towns in Ecuador
Using LiDAR, the company’s field team identified what could be an ancient road at its Lost Cities – Cutucu project.
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