We have lots of news today, including drill results from Wesdome, i-80 Gold, Revival Gold, and Scottie Resources. Interesting corporate updates from Skeena Resources, Candente Copper, Sabina Gold & Silver and Newmont.
Read MoreGatos Silver shares were down more than 30% pre-market after the company announced errors in the July 2020 resource report for its Los Gatos operation. Ridgeline Minerals is taking on a new property in Idaho. Elemental continues to reject the takeover bid. New drill results from New Found Gold, Moneta Gold, i-80 Gold and Skeena Resources.
Read MoreCalibre Mining as agreed to acquire Fiore Gold in a C$178M deal. New drill exploration results from Pretium, Talisker and Solaris. Updates from Newfound Gold and Great Bear.
Read MoreNevada Gold Mines has signed a $20M earn-in agreement for an interest in Ridgeline's Swift Project in Nevada. We have new drill results from Summa Silver, Vista Gold and Canadian Palladium. Important new updates from American Lithium and Copper Mountain Mining.
Read MoreCorvus Gold released separate PEA reports for their North Bullfrog and Mother Lode projects in Nevada. Great Bear resources shared more drill results from the LP Fault. We also have new drill results out from Radisson Mining, Amex Exploration and Kesselrun Resources. Northern Vertex reports another record-breaking quarter.
Read MoreGold and silver made a nice rebound yesterday. Summa Silver shared its first drill results from the Hughes Property in Nevada. Contact Gold is adding a core drill rig to Green Springs. Altus releases their mineral resource estimate for Tabakorole. We have new drill results for Wesdome, Galway, & Roxgold.
Read MoreGoGold shared results of new drill results from the Los Ricos North project. Warrior Gold says it has extended mineralization at the Goodfish-Kirana Property. Altus now trades on the OTCQX. Troilus Gold announces a 20,000 drilling project. NuLegacy back to work on the Red Hill project.
Read MoreCorvus Gold reported new assay results from drilling at the Lynda Strip target. Amex Exploration and Talisker Resources also have new drill results to share. IncaOne finds more money through the exercise of warrants. Production reports from Barrick and McEwen Mining.
Read MoreOptions on July silver futures expire at the close of Comex trading hours today. Ascot Resources shared news regarding its 2020 exploration program at the company’s Premier Gold Project and the Red Mountain Project. Sama Resourced shared results from exploration drilling at its Nickel, Copper, Palladium projects in Ivory Coast, West Africa. Amex Exploration reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec, Canada. Summa Silver announced it has finalized plans for a 7,500 meter summer drill program on its Hughes Property in Central Nevada.
Read MoreGreat Bear Resources has a new zone discovery from the Dixie Project in Ontario. Shandong Gold looks to acquire Cardinal Resources. Contact Gold announced receipt of a key permit for the Pony Creek gold project. Sierra Metals announced the discovery of a new high-grade silver zone with significant widths of Epithermal Veins. Anaconda Mining announced results from infill drilling at the Argyle Deposit on the Point Rousse Project in Newfoundland. Discovery Metals announced results from eight diamond drill holes completed at its flagship Cordero project located in Chihuahua State, Mexico.
Read MoreEly Gold Royalties announced it has entered into an agreement with Provenance Gold. Arizona Metals Corp says it will commence a 1,300 meter drill program on its Sugarloaf Peak Project in La paz County, Arizona. Etruscus Resources says they have discovered a very large and compelling new target – "The Wall" – at its 100%-owned Rock and Roll Property in the heart of the Eskay Camp in Northwest British Columbia's Golden Triangle. Nexus Gold reported in anticipation of its upcoming drill program that it is mobilizing both crew and equipment to the McKenzie Gold Project. Eric Sprott finances Tudor Gold for $9.3 million.
Read MoreGold rebounded yesterday while silver lagged. Minera Alamos reported additional drill results from its Phase 2 drill program at the Santana gold project in Sonora, Mexico. Eclipse Gold reported drill results from its first phase of drilling at the Hercules Gold Project located in Lyon County, Nevada. Maple Gold Mines shared more assay results from its 2020 winter drilling program at the Douay Project. MegumaGold and Osprey Gold have entered into a definitive agreement to merge. Evrim Resources and Renaissance Gold announced they have entered into an agreement to combine in a merger-of-equals.
Read MoreGold was smashed on Monday. New drill results from Wallbridge, Amex Exploration and Velocity Minerals. Kincora Copper says first drill results look promising. Corvus acquires more land in the Bullfrog District. Fiore concludes a resource estimate for its Golden Eagle Project. Contact Gold upgraded on OTCQB.
Read MoreContact Gold shared metallurgical testing results from Green Springs. African Gold Group and Quebec Precious Metals shared notable drill results. We have this week's installment of the Oreninc Weekly Update followed by another plot twist in the ongoing SilverCrest financing saga.
Read Moreorvus Gold shared new drill results this morning from its ongoing Main Zone infill and step-out Phase-4 drill program. Galway Metals also shared drill results this morning. Nexus Gold shared their plans for an upcoming drill campaign on the McKenzie Gold project in Red Lake, Ontario. EMX Royalty has acquired a 2% Net Smelter Return royalty on various exploration licenses totaling just over 1,000 hectares in Finland. New Gold announced it has entered into a strategic partnership with Ontario Teachers’ Pension Plan.
Read MoreWe discuss Green Springs drilling with Contact Gold's CEO Matthew Lennox-King. Matt also shares plans with Pony Creek moving into the spring and summer months. Trevor and Matt also share some commentary on oxide gold projects and the pros/cons to these plays for investors.
Read MoreIn today's corporate update, we chat with Contact Gold CEO Matthew Lennox-King regarding the company's latest drill results from the Green Springs gold project in Nevada. Matthew gives a bit of background on the project, a look at both the Tango Target and the Echo Target coming down the pipeline. Matthew also discusses market sentiment of oxide gold projects and the company's recent trading volume.
Read MoreJeff Pontius, CEO of Corvus Gold, joined Mining Stock Daily to discuss all of the successes of the company's two project in southern Nevada during 2019. Jeff discusses the Phase-4 drilling campaign happening now and looking at deeper targets underneath the main deposit at Motherlode. He also discusses the opportunities North Bullfrog presents the company for a possibility of a project starter pit to generate cashflow. It will come at a cost, however. Jeff also reflects back on his long career and how this present moment reminds him of gold cycles of the past.
Read MoreThe price of gold leaped back over both $1500 and the 50 day moving average on Wednesday. Sun Metals reported multiple intercepts from drilling in the 421 zone at its Stardust project in northcentral British Columbia today. Premier Gold and Centerra Gold announced results of an updated mineral resource estimate for the Hardrock deposit. Corvus Gold announced it has entered into an agreement with BMO Capital Markets, as sole underwriter, under which BMO Capital Markets has agreed to buy on a bought deal basis 10,000,000 common shares of the Company. Contact Gold released results from Green Springs from four RC drill holes that were in dry storage. Fortuna Silver closed a $40 million convertible bond financing.
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