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August 23, 2019
Otis Gold Arranges Private Placement_
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August 23, 2019
Financing
Otis Gold Arranges Private Placement
 
VANCOUVER, British Columbia, Aug. 23, 2019 (GLOBE NEWSWIRE) -- Otis Gold Corp. (“Otis” or the “Company”) (TSX-V: OOO) (OTC: OGLDF) is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per unit, for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share and one-half of a c... Read more
August 23, 2019
Financing
Gold Fields committed to Gruyere despite offloading Gold Road stake
 
August 23, 2019 (Australian Mining) -- Gold Fields has sold 9.9 per cent of its share in Gold Road Resources as part of a debt reduction strategy.The South African company has capitalised on “significant gains” from its original investments in Gold Road in 2017 by selling the shares for $126.3 million.Gold Fields said the sale followed positive investor feedback on other recent... Read more
August 23, 2019
Acquisition
Whitehaven increases stake in Narrabri through EDF acquisition
 
August 23, 2019 (Australian Mining) -- Whitehaven Coal is set to acquire EDF Trading Australia for US$72 million ($106.5 million), allowing the company to increase its stake in the Narrabri mine in New South Wales.EDF owns a 7.5 per cent interest in the Whitehaven-operated Narrabri operation, with Whitehaven’s interest to increase to 77.5 per cent following the completion of th... Read more
August 23, 2019
Commenced Production
Mining Underway at Baloo Open Pit Mine
 
TORONTO, Aug. 23, 2019 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") is pleased to announce that mining is underway at its Baloo Stage I open pit. The fully funded and permitted Baloo Stage I pit is expected to provide material to supply the HGO plant with approximately 30,000 tonnes per month until year end. Baloo Stage II is currently in the permitting proc... Read more
August 22, 2019
Asset Sale
Stellar AfricaGold Sells Balandougou Gold Project, Guinea for $5,120,000 and Examines New Exploration Opportunities in Africa
 
Vancouver, BC - TheNewswire - August 22, 2019 - John Cumming, President and Chief Executive Officer of Stellar AfricaGold Inc., (TSXV:SPX) ("Stellar" or the "Company") is pleased to announce:Sale of Balandougou Gold Project, GuineaStellar and its minority partners have reached a definitive agreement dated August 22, 2019 with Rida Mining Ltd. of Khartou... Read more
August 22, 2019
Financing
African Gold Group Announces $5 Million Private Placement and Provides Construction Update on the New Camp
 
Cafeteria, kitchen and office facility (55% completed)Cafeteria, kitchen and office facility (55% completed)African Gold Group, Inc.Sleeping quarters (55% completed)Sleeping quarters (55% completed)African Gold Group, Inc.Sleeping quarters (55% completed)Sleeping quarters (55% completed)African Gold Group, Inc.NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSE... Read more
August 22, 2019
Permitting
SilverCrest Announces Receipt of General Explosives Permit and Water Rights; Finalizes Ownership in Mining Concessions for Las Chispas
 
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2019) - SilverCrest Metals Inc. (TSXV: SIL) (NYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce that it has received approval from the Secretaria de la Defensa Nacional ("SEDENA") for the operational storage and use of explosives (the "General Explosives Permit") at the Las Chispas Pro... Read more
August 22, 2019
Financing
Kirkland Lake Gold Acquires Shares of Bonterra Resources Inc.
 
TORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that it has acquired 2,000,000 units (“Units”) of Bonterra Resources Inc. (TSXV:BTR) (“Bonterra” or the “Issuer”) by way of a private placement financing and by share purchase at a price of $2.50 per Unit for a total c... Read more
August 22, 2019
Drill Results
Minaurum Drills More High-Grade at Alamos Including 3.8 m of 415 g/t Silver, 2.68 g/t Gold, and 16.75% Base Metals
 
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2019) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce further results from its ongoing first stage drill program at its Alamos Silver project in Sonora, Mexico. Over twenty vein systems have been identified at Alamos and with these latest results Minaurum has now tested 14 of these kno... Read more
August 22, 2019
Drill Results
QMX Gold Intersects 6.6 g/t Gold Over 3.7 Metres and 10.9 g/t Gold Over 2.5 Metres on New Louvre Target in Val d'Or
 
Figure 1QMX’s extensive and target-rich land packageQMX Gold CorporationTable 1Highlights from the New Louvre TargetQMX Gold CorporationFigure 2New Louvre Target - InterceptsQMX Gold CorporationTable 2Assay results from the New Louvre Target – East ZoneQMX Gold CorporationTORONTO, Aug. 22, 2019 (GLOBE NEWSWIRE) -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:Q... Read more
August 21, 2019
Drill Results
Gatling Drills High-Grade, Near Surface Gold at Cheminis Deposit Including 12.3 g/t Au over 5.0 meters
 
VANCOUVER, Aug. 21, 2019 /CNW/ - GATLING EXPLORATION INC. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling") is pleased to report new drill results from its initial program at the Cheminis deposit. The second drill rig has intersected high-grade, near-surface gold assays containing intervals of 12.3 g/t Au over 5.0 meters including 18.1... Read more
August 21, 2019
Drill Results
Mawson Provides Summary for Completed 2019 Drilling at Rajapalot, Finland
 
Permits In Place For Additional Drill Testing And Resource ExpansionVANCOUVER, Aug. 21, 2019 /CNW/ - Mawson Resources Limited ("Mawson") or (the "Company") (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) summarizes results from the 15,059 metre drill program completed at the Company's 100% owned Rajapalot Project in northern Finland during the f... Read more
August 21, 2019
Drill Results
Bluestone Drilling Delivers 13.7 meters grading 11.2 g/t Au & 78 g/t Ag (13.1 meters true width)
 
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2019) - Bluestone Resources Inc. (TSXV: BSR) (OTCQB: BBSRF) ("Bluestone" or the "Company") is pleased to announce additional high-grade drill assays from its ongoing infill resource conversion program at its Cerro Blanco Gold project.The focus of the current drill program is the conversion of Inferred Resources... Read more
August 21, 2019
Drill Results
Great Bear Drills New Shallow High-Grade Gold Zone at Hinge: 30.81 g/t Gold Over 2.50 m Within 7.40 g/t Over 13.20 m and 20.41 g/t Gold Over 2.20 m ...
 
VANCOUVER, Aug. 21, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported the most recent drill results from the Hinge and Dixie Limb Zones at its 100% owned Dixie Project in the Red Lake District of Ontario.  The most recent Hinge Zone drill results are summarized in Table 1, and Dixi... Read more
August 21, 2019
Financing
Rupert Resources Announces a Non-Brokered Private Placement of up to $7.7m and the Conversion of the Convertible Debentures
 
TORONTO, ON / ACCESSWIRE / August 21, 2019 / Rupert Resources Ltd ("Rupert" or "the Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 9,000,000 common shares ("Common Shares") of the Company at a price of $0.85 per Common Share for gross proceeds of up to $7,650,000 (the "Private Placement") to fund explor... Read more
August 21, 2019
Commenced Production
Santa Fe Gold Is Ranked Ninth in List of US Mid-Tier and Junior Gold Companies
 
A Barometer of Progress to Date: Already Producing and Readying Gold and Silver Ore for Shipment to Smelters, Santa Fe Gold was Recently Ranked Ninth Among the Top 10 US based Mid-Tier and Junior Precious Metals CompaniesThe Northern Miner, a Prestigious and Leading Mining Industry Trade Journal, in its August 8 2019 issue, lists Santa Fe Gold ninth among the top 10 US based mi... Read more
August 20, 2019
Permitting
Hastings edges towards Yangibana rare earths production
 
August 20, 2019 (Australian Mining) -- Hastings Technology Metals has been granted an environmental permit for its Yangibana rare earths project in Western Australia.The approval allows Hastings to move forward on the project to eventually produce rare earth carbonate on site.It will now move into the next stage of the project’s development, which will focus on the final projec... Read more
August 20, 2019
Permitting
Auriant Mining AB (publ.) Update on Inspection of LLC «Tardan Gold» by Rosprirodnadzor
 
Aug. 20, 2019 (GLOBE NEWSWIRE) The Company's subsidiary LLC «Tardan Gold» has received a report setting out the findings of the inspection carried out by the Russian State Service for Supervision of Natural Resource Usage (Rosprirodnadzor) during the period from 17 July until 13 August 2019.   Rosprirodnadzor has concluded that LLC «Tardan Gold» (the «company») h... Read more
August 20, 2019
Drill Results
McEwen Mining: Gold Bar Update
 
Figure 1Gold Bar Property Map, Gold Bar South Drilling (inset)McEwen MiningFigure 2Gold Bar South Cross Section (A-A’)McEwen MiningFigure 3Gold Bar South Cross Section (B-B’)McEwen MiningTORONTO, Aug. 20, 2019 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on progress at various exploration targets on its Gold Bar Mine property ... Read more
August 20, 2019
Reserves & Resources
Quebec Precious Metals appoints RPA to complete a Mineral Resource estimate
 
MONTREAL, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM”) has appointed RPA Inc. (“RPA”) for the completion of an initial Mineral Resource estimate and a supporting NI 43-101 technical report for its 100% owned flagship Sakami gold project located in the Eeyou Istchee James Bay territory, Quebec. RPA ... Read more
August 20, 2019
Acquisition
Monarch Gold Announces the Closing of the Fayolle Gold Deposit Acquisition
 
High-grade gold deposit with an historical estimate of 548,500 tonnes grading 5.75 g/t AuThis acquisition enhances Monarch's portfolio of similarly sized advanced projects, including the Beaufor, Croinor Gold, McKenzie Break and Swanson projects, located near the Camflo and Beacon millsMONTREAL, Aug. 20, 2019 /CNW Telbec/ - MONARCH GOLD CORPORATION... Read more
August 20, 2019
Drill Results
Fireweed Drills New Zone at the Macmillan Pass Project Including 22.5 metres of 6.13% Zinc and 0.95% Lead
 
Macmillan Pass ProjectFigure 1: Map of Tom Deposits, Tom North Target and 2019 DrillingFireweed Zinc Ltd.Tom West Zone - Long SectionFigure 2: Long Section of Tom North and Tom West Historic and New Drill ResultsFireweed Zinc Ltd.Tom North Zone - Cross SectionFigure 3: Tom North Cross SectionFireweed Zinc Ltd.2019 Targets Overview Macmillan Pass ProjectFigure 4: Macmillan Pass ... Read more
August 20, 2019
Permitting
Treasury Metals Granted Federal Government Environmental Assessment Approval for the Goliath Gold Project
 
TORONTO, Aug. 20, 2019 /CNW/ - Treasury Metals Inc. (TSX: TML, the "Company" or "Treasury Metals") is pleased to announce that on August 19, 2019 the Canadian Environmental Assessment Agency ("CEAA") issued a positive statement for Treasury Metals' Goliath Gold Project (the "Project").The Honorable Catherine McKenna, Minister of Environment an... Read more
August 20, 2019
Drill Results
Copper Fox Announces Corporate Update on Activities
 
Calgary, Alberta--(Newsfile Corp. - August 20, 2019) - Copper Fox Metals Inc.  (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to provide shareholders and update of activities on its 100% owned Van Dyke and Sombrero Butte copper projects.Highlights:The two drill holes disclosed in this news release were not included in the maiden res... Read more
August 20, 2019
PEA
Texas Mineral Resources and USA Rare Earth Report Significantly Upgraded Resource and Confirm Prior Potential Economics in Updated Round Top PEA
 
August 20, 2019 07:00 AM Eastern Daylight TimeSIERRA BLANCA, Texas--(BUSINESS WIRE)--Texas Mineral Resources Corp. (OTCQB: TMRC)TMRC & USA Rare Earth Report Significantly Upgraded Resource and Confirm Prior Potential Economics in Updated Round Top PEATweet thisStrong potential profitability with 70% IRR, $1.56 billion NPV and a $350 million initial CapExRare earth revenue s... Read more
August 20, 2019
Financing
Corvus Gold Closes $1.3M Private Placement Financing with AngloGold Ashanti (USA) Inc. at $2.60 per Share
 
VANCOUVER, British Columbia, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, OTCQX: CORVF) announces it has completed a private placement financing (the “Private Placement”) with AngloGold Ashanti (USA) Inc. (“AGA”). Pursuant to the closing of the Private Placement, AGA was issued 500,000 common shares at a price of CAD $2.60 per shar... Read more
August 20, 2019
Drill Results
Cornerstone: Bramaderos Main drilling results define areas of higher-grade gold and copper within large porphyry system - Further drilling will aim to extend these higher-grade zones
 
OTTAWA, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) is pleased to provide an update on its Bramaderos gold and copper project in southern Ecuador, which it is exploring together with ASX listed Sunstone Metals Inc. under a farm-in agreement (see “About Bramaderos”, below).... Read more
August 20, 2019
Drill Results
Aben Provides Initial Analytical Data from Drill Program at the Forrest Kerr Gold Project in BC’s Golden Triangle, Increases Size of Program, Update on Justin Project, Yukon
 
VANCOUVER, British Columbia, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) has received analytical results from the the first shipment of drill core from the 2019 drill exploration program at the Forrest Kerr Gold Project in the Golden Triangle region of British Columbi... Read more
August 20, 2019
Drill Results
Michelin Drills 3.75 g/t Gold Over 3.05 m at Rude Creek, Yukon
 
Plan map of NE anomaly (Au-in-soil) showing Holes 1, 2 and 3Plan map of NE anomaly (Au-in-soil) showing Holes 1, 2 and 3Michelin Mining CorpVANCOUVER, British Columbia, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Michelin Mining Corporation (“Michelin” or the “Company”) (CSE: MICH) is pleased to announce assay results from its recently completed three-hole reverse circulation (“RC”) dril... Read more
August 20, 2019
Financing
Commerce Resources Corp. Announces Flow-Through Private Placement Adjustment
 
VANCOUVER, BC / ACCESSWIRE / August 20, 2019 / Commerce Resources Corp. (TSXV:CCE)(FSE:D7H) (the “Company” or “Commerce”) is pleased to provide an update on the financing announced on August 12, 2019 of the non-brokered private placement consisting of the issuance of up to 7,272,727 units (each, a “Unit”) at a price of $0.055 per Unit for gross proceeds of up to $400,000 (... Read more
August 19, 2019
Expansion
Atalaya Mining PLC Announces Full Mechanical Completion of 15Mtpa Expansion
 
15Mtpa expansion at Proyecto Riotinto reaches full mechanical completionNICOSIA, CYPRUS / ACCESSWIRE / August 19, 2019 / Atalaya Mining Plc (AIM:ATYM)(TSX:AYM), the European mining and development company, is pleased to announce that the Expansion Project to 15Mtpa has reached full mechanical completion. The new SAG mill, new primary crusher and all associated equipment ha... Read more
August 19, 2019
Drill Results
Troilus Drills 5.06 g/t AuEq Over 6 Metres Within 1.10 g/t AuEq Over 48 Metres in New “Z87 South” Extension
 
Figure 1Plan view of Main Mineralized Zones and Drill Hole Collars and Traces in Z87 SouthTroilus Gold Corp.Figure 2Section 12800 Facing NorthTroilus Gold Corp.Figure 3Example of the pinch and swell nature of quartz veining at Troilus in the Z87 pit wallTroilus Gold Corp.Figure 4Sulphide-rich Zone, Z87 SouthTroilus Gold Corp.TORONTO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Troilus Go... Read more
August 19, 2019
Financing
Lithium Americas Completes US$160 Million Project Investment by Ganfeng Lithium
 
VANCOUVER, British Columbia, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that it has closed the previously announced transaction (the “Project Investment”) in which a subsidiary of Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”) subscribed for newly issued shares of Minera E... Read more
August 19, 2019
Drill Results
Compass Gold Corp.: RC Drilling Confirms East-West Structures at Farabakoura
 
Figure 1Location of the drill holes (labeled) at Farabakoura mentioned in this release plotted on compiled geology.Compass Gold CorporationTORONTO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Compass Gold Corp. (TSX-V: CVB) (Compass or the Company) is pleased to provide an update on the remaining RC exploration drilling at the Farabakoura artisanal workings on the Oua... Read more
August 19, 2019
Feasibility Study
African Gold Group Moving Kobada Project Forward
 
TORONTO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that SENET (Pty) Ltd, (“SENET”), has been awarded the contract to deliver an updated definitive feasibility study for the Kobada Gold Project (the “Feasibility Study”).SENET is one of the leading project management and engineering firms in the field o... Read more
August 19, 2019
PEA
Rubicon Minerals Delivers New PEA Demonstrating a 40.2% After-Tax IRR and C$191 million Free Cash Flow Potential of the Phoenix Gold Project
 
TORONTO, Aug. 19, 2019 /CNW/ - Rubicon Minerals Corporation (TSX: RMX | OTCQX: RBYCF) ("Rubicon" or the "Company") released a positive new Preliminary Economic Assessment1 ("New PEA") for the Phoenix Gold Project (the "Project") demonstrating its strong free cash flow potential and robust estimated returns on capital. The New PEA has been prep... Read more
August 19, 2019
Financing
SSR Mining Announces Closing of SilverCrest Financing
 
VANCOUVER, Aug. 19, 2019 /CNW/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) ("SSR Mining") announces that it has completed the previously announced transaction with SilverCrest Metals Inc. (TSXV:SIL) (NYSE American: SILV) ("SilverCrest") to purchase, on a private placement basis, 780,000 common shares of SilverCrest at a price of C$5.85 per co... Read more
August 19, 2019
Drill Results
Mako Mining Corp.: Drilling at Las Conchitas Extends Near Surface, High-Grade Gold Mineralization, Including 19.55 g/t Gold and 40.6 g/t Silver Over 1.2 Meters
 
VANCOUVER, Aug. 19, 2019 /CNW/ - Mako Mining Corp. (TSX-V: MKO) ("Mako" or the "Company") is pleased to announce additional positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua.The objective of the 2019 drilling campaign is to test high priority exploration targets... Read more
August 19, 2019
Asset Sale
Newcrest stays on track for Gosowong sale
 
August 19, 2019 (Australian Mining) -- Newcrest Mining is progressing a requirement to offload a significant share in the Gosowong gold mine in Indonesia by next year’s deadline.The company reiterated that it has started a sale process for the stake after releasing its 2019 financial results last Friday.Newcrest must divest at least 26 per cent of its Indonesian company th... Read more
August 19, 2019
Drill Results
Nicola Mining Inc. Intersects Upper Zone Copper Mineralization
 
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2019) - Nicola Mining Inc. (TSXV: NIM) is pleased to provide assay results from its third drill hole, CC-19-73, (Figure 1) from its ongoing 2019 Exploration Program ("2019 Program") at the Company's wholly-owned New Craigmont Project, located in British Columbia's Thompson-Nicola Region. The purpose of the first three dr... Read more
August 19, 2019
Financing
Thor Announces Terms of New Proposed Private Share Placement and Expiry of Previously Announced Private Share Placement
 
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICESVANCOUVER, British Columbia, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Thor Exploration Ltd. (TSXV: THX) (the “Company”) announces that further to its news releases dated April 30, 2019, June 17, 2019 and July 17, 2019, the Company will not proceed with the proposed private placement, as the 45-day peri... Read more
August 19, 2019
Permitting
Lydian Announces Armenia’s Decision to Allow the Amulsar Project to Proceed
 
TORONTO, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Lydian International Limited (TSX: LYD) (“Lydian” or the “Company”) announced today that during a live Facebook broadcast, Prime Minister Nikol Pashinyan, of the Republic of Armenia, stated that “The information we currently have at this moment is very clear, the exploitation of the mine does not harm the environment.”  The Prime ... Read more
August 18, 2019
Drill Results
Drilling Intersects the Highest-Grade Intersection Ever Drilled at Ivanhoe Mines' Kamoa-Kakula Project...
 
Ivanhoe to host the next investor site visit to its three African projects in October 2019Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - August 18, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that drilling in the central part of the Kamoa North Bonanza Zone has returned another visually spect... Read more
August 16, 2019
Financing
Hudson Closes Third Tranche of Additional Debt Financing for Gross Proceeds of US$3 Million
 
VANCOUVER, British Columbia, Aug. 16, 2019 (GLOBE NEWSWIRE) -- HUDSON RESOURCES INC. (“Hudson” or the “Company”) – TSX Venture Exchange “HUD”; OTC “HUDRF”) is pleased to report that it has entered into definitive agreements with its existing lender, Cordiant Capital Inc. and its affiliates (“Cordiant”), and its new lender, Romeo Fund – Flexi and its affiliates (“Romeo”) with re... Read more
August 16, 2019
Reserves & Resources
Cordoba Minerals Files NI 43-101 Technical Report for the San Matias Copper-Gold-Silver Project
 
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2019) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF) ("Cordoba" or the "Company") announced today that, further to its news release dated July 3, 2019, the Company has filed a National Instrument 43-101 ("NI 43-101") technical report detailing the Mineral Resource estimate for the San Matias Copper-Gold-Si... Read more