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May 22, 2020
Kalium Lakes to overcome setback at Beyondie project_
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May 22, 2020
Construction
Kalium Lakes to overcome setback at Beyondie project
 
May 22, 2020 (Australian Mining) - Kalium Lakes will advance the Beyondie sulphate of potash project (BSOPP) in Western Australia through to first production by raising fresh working capital.All proceeds of the $61 million raising will be used to fund the construction of the project, with major shareholder Greenstone Resources already committed to purchasing approximately $12 m... Read more
May 22, 2020
Financing
US$6M Raised in Strongly Supported Private Placement
 
Not for release to US wire services or distribution in the United StatesAnnouncement to The Toronto Stock Exchange and Australian Stock ExchangeHIGHLIGHTSUS$6 million to be raised via institutional share placementPlacement strongly supported by a number of leading Australian and international institutional investorsPlacement strengthens RTG's balance sheet as the Company contin... Read more
May 22, 2020
Asset Sale
Dominion Diamond Mines Reaches Agreement on Key Terms With the Washington Companies to Sell Substantially All of Its Assets
 
CALGARY, Alberta--(BUSINESS WIRE - May 22, 2020)--Dominion Diamond Mines ULC (“Dominion” or the “Company”) announced today that it has signed a letter of intent ("LOI”) with an affiliate of The Washington Companies (“Washington”) under which an entity to be managed by Washington would acquire substantially all of Dominion’s assets for approximately US$126 million in cash a... Read more
May 21, 2020
Financing
Talon Metals Announces Closing of Private Placement of Common Shares for Proceeds of $4,016,950
 
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - May 21, 2020) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce that it has closed a non-brokered private placement of an aggregate of 40,169,500 common shares of the Company (the "Offered Shares") which were issued at a price of C$0.10 per Offered Share for aggregate gross procee... Read more
May 21, 2020
Construction
African Gold Group Develops Accelerated Construction Development Timeline
 
TORONTO, May 21, 2020 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an accelerated construction development timeline for its fully licensed Kobada project in Southern Mali.Highlights include:Fast-tracked schedule reduces construction from 23 months to 19 monthsSignificant savings in EPCM costs and working capitalDe... Read more
May 21, 2020
Drill Results
Cartier Cuts 20.8 g/t Au over 4.0 m at Chimo Mine 500 m below the New Zones 5B4-5M4-5NE
 
May 21st, 2020: Cartier Resources Press Release Figure_DDH Results LongitudinalMay 21st, 2020: Cartier Resources Press Release Figure_DDH Results LongitudinalHighlights:Mineralised intersection of 20.8 g/t Au over 4.0 m included within 9.4 g/t Au over 11.0 m, also included within 6.7 g/t Au over 16.0 m, located 500 m below the new Zones 5B4-5M... Read more
May 21, 2020
Drill Results
Rockcliff Identifies Near Surface High-Grade Copper and Zinc Mineralization at the Freebeth Property Including 5.28% CuEq Across 2.30 Metres and 4.00% CuEq Across 4.70 Metres
 
Sudbury, Ontario--(Newsfile Corp. - May 21, 2020) - Rockcliff Metals Corporation (CSE: RCLF) (FSE: RO0) (WKN: A2H60G) ("Rockcliff" or the "Company") is pleased to announce the completion of its phase one drill program at the Company's 100% owned Freebeth Property located in central Manitoba. The drill program was successful in locating and identifying t... Read more
May 21, 2020
Drill Results
Rupert Resources Drills 27g/t Gold Over 3.9m and 13.1g/t Gold Over 7m at the Pahtavaara Mine
 
Figure 1: Plan view showing new results and location of T-Vein and East Vein zones (Photo: Business Wire) TORONTO--(BUSINESS WIRE - May 21, 2020)--Rupert Resources Ltd (“Rupert” or “the Company”) reports results from ongoing exploration activities at the 100% owned Pahtavaara Project in the Central Lapland Greenstone Belt, Finland.The Company has completed 8,858m of e... Read more
May 21, 2020
Drill Results
Moneta Discovers New Gold Mineralization at South BIF Target Intersecting 3.50 m @ 8.09 g/t Gold Including 0.55 m @ 30.40 g/t Gold
 
TORONTO, May 21, 2020 /CNW/ - Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) ("Moneta" or the "Company") is pleased to announce the results from one hole drilled to test for gold mineralization on the new South BIF Target. The drill hole was drilled as part of the expanded 2019/2020 winter drill program recently completed on the Company's Golde... Read more
May 21, 2020
Drill Results
Getchell Gold Corp. Further Reports on the Extensive Gold Mineralization and the Staking of an Additional 35 Claims at Fondaway Canyon
 
Toronto, Ontario--(Newsfile Corp. - May 21, 2020) -  Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") a leading Nevada focused Gold and Copper exploration company is pleased to report its progress at its flagship gold asset Fondaway Canyon in Nevada. The highlights from the most recent drill programs conducted in the South Mouth open p... Read more
May 21, 2020
Drill Results
NioBay Extends High-Grade Mineralization at James Bay Niobium
 
MONTREAL, May 21, 2020 (GLOBE NEWSWIRE) -- NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) is pleased to announce new and significant high-grade intersections at the James Bay Niobium Project (the “Project”) in Northern Ontario. These results are in addition to the announcement of April 8th, 2020.The assay results for the remaining four drill holes are in-line ... Read more
May 21, 2020
Production Results
Silvercorp Reports Net Income of $34.3 Million, $0.20 Per Share, and Cash Flow From Operations of $77.2 Million for Fiscal 2020
 
VANCOUVER, British Columbia, May 21, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2020 (“Fiscal 2020”). All amounts are expressed in US Dollars.Despite the extended shut-down during the three months ended March ... Read more
May 20, 2020
Drill Results
HighGold Mining Reports Encouraging Results from Ontario Drill Program
 
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - HighGold Mining Inc. (TSXV: HIGH) (OTCQB: HGGOF) ("HighGold" or the "Company") is pleased to announce positive drill results from the first half of the 2020 drill program (the "Program") on its gold projects located in the Timmins gold camp, Ontario. Twelve drill holes for 2,524 meters of diamond drilling ... Read more
May 20, 2020
Restart
Premier to Restart Safe Operations at Mercedes
 
THUNDER BAY, ON, May 20, 2020 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier", "the Company") (TSX:PG) (OTCPK: PIRGF) is pleased to announce the Company's 100%-owned Mercedes Mine, located in the State of Sonora, Mexico, will begin a safe, phased restart of operations beginning June 1, 2020. This restart is following the Mexican Health Ministry'... Read more
May 20, 2020
Financing
$15M Investment Backed By Eric Sprott To Accelerate Resource Growth At PureGold Red Lake Mine
 
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, May 20, 2020 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSXV:PGM, LSE:PUR) ("PureGold" or the "Company") is pleased to announce that it has agreed to issue, on a non-brokered private placement basis, 9,868,421 charity flow through common shares of the C... Read more
May 20, 2020
Drill Results
1911 Gold Continues to Intersect High-Grade Gold in First Pass Drilling of Two Additional Targets on its Rice Lake Properties in Manitoba
 
TORONTO, May 20, 2020 /CNW/ - 1911 Gold Corporation ("1911 Gold" or the "Company") (TSX-V: AUMB) is pleased to report the remaining results from the Phase I exploration drilling program at its 100% owned Rice Lake gold properties in Manitoba.Highlights:Drillhole TS-20-006 returned 2.25 g/t Au over 3.7 metres, including 13.92 g/t Au over 0.5 me... Read more
May 20, 2020
Construction
Construction Update at TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Project
 
CALGARY, May 20, 2020 /CNW/ - TVI Pacific Inc. (TSX-V: TVI) (OTC Pink: TVIPF) ("TVI" or "the Company") is pleased to provide a construction update with respect to the Balabag gold and silver project ("Balabag").  Balabag is owned 100% by TVI Resource Development Phils., Inc. ("TVIRD"), a Philippines corporation in which TVI holds a 30.66% inte... Read more
May 20, 2020
PEA
Canarc Updates Preliminary Economics for the New Polaris Gold Mine Project, BC; $1500 Gold Price and $0.71 Exchange Rate Improve NPV to US$333 Million and 56% IRR After Tax
 
VANCOUVER, BC / ACCESSWIRE / May 20, 2020 / Canarc Resource Corp. (TSX:CCM)(OTCQB:CRCUF)(Frankfurt:CAN) announces that an update of the gold price and exchange rate within the range of sensitivities in the 2019 preliminary economic assessment ("PEA") of the high-grade New Polaris gold mine project in northwestern British Columbia significantly improves the anticipated... Read more
May 20, 2020
Drill Results
Wallbridge Expands Tabasco-Cayenne Shear Zone Gold Mineralization at Fenelon
 
TORONTO, May 20, 2020 /CNW/ - Wallbridge Mining Company Limited (TSX:WM) ("Wallbridge" or the "Company") is pleased to announce that the wide-spaced step out drilling at its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property") has continued to expand the mineralization in the Tabasco-Cayenne shear system along strike and down dip. These new interse... Read more
May 20, 2020
Financing
Fortuna Silver Mines Closes US$69 Million Bought Deal Equity Financing Including Full Exercise of Over-Allotment Option
 
VANCOUVER, British Columbia, May 20, 2020 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) announces the closing of its previously announced bought deal equity offering (the “Offering”). A total of 23,000,000 common shares (the “Shares”) were issued at a price of US$3.00 per Share for gross proceeds to the Company of US... Read more
May 20, 2020
Permitting
Altamira Gold Receives Second Environmental License for Trial Mining at the Cajueiro Gold Project, Brazil and Appoints New Officer
 
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) -  Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC PINK: EQTRF), ("Altamira" or the "Company") is pleased to announce that it has received the second environmental permit required for the trial mining licenses with respect to claim 866.070/2004 for its advanced Cajueiro gold project in northern Mato Gros... Read more
May 20, 2020
PEA
Kore Mining Files Technical Report for Positive Imperial Gold Project Preliminary Economic Assessment
 
VANCOUVER, May 20, 2020 /CNW/ - KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) ("KORE" or the "Company") is pleased to announce it has filed the technical report ("TR") supporting the positive Preliminary Economic Assessment ("PEA") for the Company's 100% owned Imperial Oxide Gold Deposit ("Imperial" or "Project"), located in California, USA.FIGURE 1: PEA... Read more
May 20, 2020
Drill Results
Nighthawk 2019 Drilling Summary Sheds New Light on Colomac and Highlights Key Deliverables
 
TORONTO, May 20, 2020 /CNW/ - Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX: NHK; OTCQX: MIMZF) is pleased to provide the following summary of its successful 2019 exploration program on its flagship Colomac Gold Project ("Colomac") centrally located within its Indin Lake Gold Property, Northwest Territories, Canada. The Company highlights key deli... Read more
May 20, 2020
Financing
Silver Elephant Announces Closing of Private Placement, Total $1,976,000
 
VANCOUVER, BC / ACCESSWIRE / May 20, 2020 / Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX:ELEF)(OTCQX:SILEF)(Frankfurt:1P2N) announces that it has closed the second and final tranche of the oversubscribed non-brokered private placement (the "Placement") first announced on April 15, 2020.The second tranche of the Placement raised gros... Read more
May 20, 2020
Financing
Great Panther Announces Closing of US$16.1 Million Bought Deal Financing
 
VANCOUVER, May 20, 2020 /CNW/ - Great Panther Mining Limited (TSX:GPR; NYSE-A:GPL) ("Great Panther" or "the Company") announces the closing of the bought deal financing announced on May 13, 2020. Aggregate gross proceeds totaled US$16.1 million, pursuant to which the Company issued 40,250,000 common shares at a price of US$0.40 per share ("the... Read more
May 20, 2020
Acquisition
Argonaut Gold Shareholders and Alio Gold Securityholders Approve Merger to Create North American Diversified Intermediate Gold Producer
 
TORONTO and VANCOUVER, May 20, 2020 /CNW/ - Argonaut Gold Inc. ("Argonaut" or "Argonaut Gold") (TSX: AR) and Alio Gold Inc. ("Alio" or "Alio Gold") (TSX, NYSE-A: ALO) are pleased to announce that Argonaut shareholders and shareholders and certain securityholders of Alio approved all matters voted on at their respective annual general and ... Read more
May 20, 2020
Drill Results
Filo Mining's Latest Drill Results Include 73 Metres of 2.04% CuEq (1.19% Copper and 1.06 g/t Gold)
 
VANCOUVER, May 20, 2020 /CNW/ - Filo Mining Corp. (TSXV, Nasdaq First North Growth Market: FIL) ("Filo Mining", or the "Company") is pleased to announce final assay results from the recently completed 2019/2020 drill program at its 100% controlled Filo del Sol project located on the border of Region III, Chile and San Juan Province, Argentina.... Read more
May 19, 2020
Prefeasibility Study
Cypress Development Announces Positive Prefeasibility Study for Clayton Valley Lithium Project, Nevada
 
VANCOUVER, British Columbia, May 19, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to announce positive results from a Prefeasibility Study (PFS) of the Company’s Clayton Valley Lithium Project in Nevada, U.S.A. The PFS was prepared by Continental Metallurgical Se... Read more
May 19, 2020
Financing
Marathon Gold Announces Filing of Final Prospectus
 
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, May 19, 2020 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce that it has filed and obtained a receipt for a short form final prospectus today with the securities regulatory authorities in each of the pro... Read more
May 19, 2020
Drill Results
Gold Terra Intersects 1.30 g/t Au over 50.6m at Sam Otto Main on its Yellowknife City Gold Project in the Northwest Territories
 
VANCOUVER, BC / ACCESSWIRE / May 19, 2020 / Gold Terra Resource Corp. (TSXV:YGT)( Frankfurt:TX0)(OTC PINK:TRXXF) ("Gold Terra" or the "Company") is pleased to announce the results of the remaining six drill holes from Sam Otto (Link to plan view) on its 100% wholly-owned Yellowknife City Gold ("YCG") project in the Northwest Territories. This concludes the winter... Read more
May 19, 2020
PEA
Blue Lagoon Delivers Positive Pea For Its Dome Mountain Gold Mine Project
 
VANCOUVER, BC / ACCESSWIRE / May 19, 2020 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce a mineral resource and a positive preliminary economic assessment (PEA) for the company's Dome Mountain Mine ("Dome Mountain") gold deposit, located a short 50 minute drive from the town of Smithers, B.C. The PEA was completed by Ro... Read more
May 19, 2020
Drill Results
Treasury Releases Additional High Grade Drilling Results at Goliath Gold Project
 
TORONTO, May 19, 2020 /CNW/ - Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to provide a Goliath Gold Project technical program update, including the most recent drill hole results in the Project's winter/spring drilling program.Following the most recent exploration updates (press releases dated April 6, March 10,&nb... Read more
May 19, 2020
Drill Results
Amex Reports Widest Interval to Date in High Grade Zone of EGZ - 5.36 g/t Au over 19.65 m including 97.62 g/t Au over 0.70 m - and Numerous Gold Intercepts on Grey Cat Zone
 
MONTREAL, QC / ACCESSWIRE / May 19, 2020 / Amex Exploration Inc. ("Amex or the Company") (TSXV:AMX)(FRA:MX0)(OTCQX:AMXEF) is very pleased to report multiple drill results from two of its rapidly developing gold zones on its 100% owned Perron property in northwestern Quebec, Canada (see Figure 1). A select list of results is provided in Table 1. The drill results include in... Read more
May 19, 2020
Drill Results
2nd Sampling Program Results Mohave Project Mine Shaft, 100ft & 200ft Level Drift: Kingman Samples 688 G/T Au & 468 G/T Ag on 100ft Level of Rosebud Mine Over Interval of 0.18m
 
VANCOUVER, BC / ACCESSWIRE / May 19, 2020 / Kingman Minerals Ltd. (TSXV:KGS)(FSE:47A1) ("Kingman" or the "Company") is pleased to report on the second underground program sampling results from the Rosebud Mine shaft, 100ft drift and 200ft drift.In late spring 2020, Burgex Mining Consultants ("Burgex") were contracted to complete a second underground sampling program on the... Read more
May 19, 2020
Financing
Sabina Gold & Silver Announces C$49 Million Bought Deal Financing
 
Not for distribution to U.S. news wire services or dissemination in the United States.VANCOUVER, British Columbia, May 19, 2020 (GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets, under whi... Read more
May 19, 2020
Financing
Giyani Announces Non-Brokered Private Placement Financing
 
Not for distribution to U.S. newswire services or for dissemination in the United StatesOAKVILLE, Ontario, May 19, 2020 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company") announces that it is undertaking a non-brokered private placement of units to raise up to $1.2 million in immediately available new funding. In addition, certain of the s... Read more
May 19, 2020
Drill Results
Wallbridge Intersects 70.84 g/t Au over 5.35 metres and 32.26 g/t Au over 7.05 metres Within the Fenelon Main Gabbro
 
TORONTO, May 19, 2020 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce further intersections from the definition drilling outlining high-grade shoots at shallow depths adjacent to the existing mine workings within the Main Gabbro area on its 100%-owned Fenelon Gold Property ("Fenelon" or the ... Read more
May 19, 2020
Expansion
Yamana Reports Significant Exploration Results Supporting Mine Life Extensions at Jacobina and El Peñón
 
Figure 1:Jacobina Location Map Showing Main Target Areas and Mines. Star Symbol Indicates Location of Mine Plant Facility.Figure 2:Jacobina Canavieiras Long Section Highlighting Recent Drilling Results.Figure 3:Jacobina Morro do Vento Long Section Highlighting Recent Drilling Results.Figure 4:Jacobina João Belo Long Section with Recent and Historic Drilling Highlights.Figure 5:... Read more
May 19, 2020
Restart
Newmont Provides Updated 2020 Outlook and Confirms Long-term Guidance
 
DENVER--(BUSINESS WIRE - May 19, 2020)--Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today the Company continues to ramp up operations at Peñasquito, Cerro Negro, Éléonore and Yanacocha. Among Newmont’s 12 operating mines and two joint ventures, 13 sites will be fully operational in the coming weeks.UPDATED OUTLOOK“We are pleased to be ... Read more
May 19, 2020
Drill Results
KORE Mining Drills 76.5 Meters of 1.1 g/t Gold at Surface in First Hole at FG Gold Project and Finds Quartz Veining Below Existing Resource
 
VANCOUVER, May 19, 2020 /CNW/ - KORE Mining Ltd. (TSXV: KORE | OTCQB: KOREF) ("KORE" or the "Company") is pleased to provide an update and early results from the FG Gold Project ("Project" or "FG Gold") in the Cariboo Region of British Columbia. Eight large diameter (HQ) core drill holes for a total of 1,577 meters have been completed and the Company in... Read more
May 19, 2020
Drill Results
LAURION Intersects 0.67 G/T Gold, 6.40 G/T Silver, 0.09 % Copper and 1.50 % Zinc Over 24.54 M in First 2020 Drill Hole at Ishkoday Project, Ontario
 
/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./TORONTO, May 19, 2020 /CNW/ - LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) ("LAURION" or the "Corporation") is pleased to report the first dr... Read more
May 18, 2020
Mining Contract
Fortescue awards Iron Bridge contract to Aboriginal business
 
May 18, 2020 (Australian Mining) - Fortescue Metal Group has contracted Cundaline to complete the West Canning Basin earthworks at the Iron Bridge magnetite project in Western Australia.The contract continues Fortescue’s commitment to supporting local and Aboriginal businesses, will see Cundaline carry out the earthworks, access preparation and rehabilitation services associate... Read more
May 18, 2020
Production Results
Centamin PLC Announces Annual Results for the Year Ended 31 December 2019
 
PERTH, AUSTRALIA / ACCESSWIRE / May 18, 2020 / ("Centamin" or "the Company") (LSE:CEY)(TSX:CEE)Audited Annual Results for the twelve months ended 31 December 2019FINANCIAL HIGHLIGHTS[1]FY2019 vs FY2018· Gross revenues[2] of US$658.1 million for the twelve months ending 31 December 2019, up 7% compared to the prior year· Costs within annual guidance: cash costs of US$699 pe... Read more
May 18, 2020
Financing
Discovery Metals Announces C$25.0 Million Private Placement With C$10.0 Million Investment From Eric Sprott
 
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.TORONTO, May 18, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (“Discovery”) (TSXV: DSV, OTCQX: DSVMF) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) to raise up to C$25,000,000 through the i... Read more
May 18, 2020
Acquisition
Terracom makes Universal Coal acquisition compulsory
 
May 18, 2020 (Australian Mining) - TerraCom has tightened its hold on Universal Coal as it moves to acquire all of the shares it does not already own in the company.After receiving more than 92 per cent of Universal Coal shareholders’ votes on the takeover bid, TerraCom is entitled to proceed with a compulsory acquisition.Should the remaining Universal Coal shareholders not exe... Read more