Posts tagged resources
Liberty Gold Discovers New Zone at Black Pine

Gold and silver shot up on Monday morning. Liberty Gold announced the first drill results from the 2020 drill program at its Carlin-style Black Pine property in southern Idaho. Ero Copper shared their second quarter exploration update. Nexus Gold provided an exploration update front heir Dakouli II Gold Concession in Burkina Faso. Great Thunder has acquired 76 additional claims covering 4,200 hectares. Osino Resources announced it agreed to a bought deal financing totaling $15.4 million Canadian dollars.

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Endeavour Mining and SEMAFO: Merging in West Africa

Gold spiked up to $1518 on Friday and then was systematically taken back down. Endeavour Mining announced they  have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of SEMAFO. Nighthawk Gold reported assay results from its ten remaining holes of its 110 drillhole program from last year. Wallbridge Mining says it continues to define high-grade gold mineralization at shallow depths. Unigold shared results from its ongoing drill program at the Candelones Extension deposit. 

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Kirkland Lake to Acquire Detour Gold

The Mining Stock Journal said that the GDX mining stock ETF appears to have possibly bottomed out from the decline that started September 5th. Kirkland Lake Gold and Detour Gold announced they have entered into a definitive agreement whereby Kirkland Lake Gold will acquire all of the issued and outstanding shares of Detour Gold. Condor Gold announced that it has received the final results of metallurgical tests on La India, Mestiza and America deposits. Tinka Resources received the final assays results from its 2019 drill program from the company’s Ayawilca project in Peru. BHP will invest further into SolGold with a $22-million purchase of SolGold shares.

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Regulus Resources Drilling Results, Pacific Empire Underway at Pinnacle

Regulus Resources announced the results from four additional drill holes from its Phase II expansion and infill drill program at the AntaKori copper-gold project in northern Peru. amana Gold announced new exploration results from the Cerro Moro mine in Argentina. Velocity Mineral had drill results out this morning from 40 drill holes completed at the Rozino gold deposit in southeast Bulgaria. First Mining shared drill results from its Miller prospect on the company’s Goldlund property in Ontario.

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Barrick Sells Australian Asset, Integra Resources Financing, and Ascot Drill Results from Premier

Integra Resources increases bought deal public offering. Ascot Resources shared results from 19 drill holes completed at the Prew zone of the company’s Premier Gold Project near Stewart, British Columbia. Marathon Gold shared their final infill drilling results of the year from the Marathon Deposit at the Valentine Gold Project in Newfoundland. Banyan Gold shared results from both diamond drilling and reverse circulation drilling at the company’s Aurex-McQuesten Gold Project near Mayo, Yukon. Barrick Gold Corporation announced it has reached an agreement to sell its 50 percent interest in Kalgoorlie Consolidated Gold Mines in Western Australia. Cordoba Minerals announced that China’s JCHX Mining Management has agreed to make a strategic investment of $11-million Canadian into the company.

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Fruta del Norte to Commence Gold Production this Quarter; Drill Results from Brixton, Osino and SilverCrest

SilverCrest Metals shared expansion drill results for the Babi Vista Vein in the Babicanora Area of the Las Chispas Project in Sonora, Mexico. Brixton Metals share more drill results from its Phase two program at its wholly owned Thorn Project located in the Golden Triangle of British Columbia. Osino Resources announced results from eight in-fill holes drilled at Twin Hills Central, part of the Twin HIlls Gold Project in Namibia. Osisko Mining has entered into an agreement with a syndicate of underwriters consisting of Canaccord Genuity Corp. and Eight Capital Corp. in a connection with a “bought deal” private placement financing. Superior Gold announced the closing of a senior secured A$15 million Gold Loan Facility with Auramet International. Lundin Gold says the company has received the Industrial Water Permit and Administrative Act from the government of Ecuador for the Fruta del Norte gold project.

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Fireweed Zinc Corporate Update from Boundary Zone Drill Results

Fireweed Zinc's Brandon Macdonald joins Trevor Hall of Mining Stock Daily to discuss the recent drill results from the company's Boundary Zone on the Macmillan Pass zinc project in the Yukon.   Brandon shares the higher grade intervals from the drill results, the purpose of mentioning potential mining techniques, and catalysts for the company as we move into the end of the  year. (TSX-V:FWZ, OTC:FWEDF) 

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Dividend Updates from Barrick and B2 Gold; Cartier's New Resource Update from Chimo

B2 Gold announced declared the company’s first dividend of $.01. Barrick’s quarterly dividend has also increased to $.05 per share. SSR Mining reported strong 3rd quarter financial results. FireFox Gold Corp says it has completed its scheduled Phase 2 drill program at its Mustajarvi Gold project in Finland. Cartier Resources published its first mineral resource estimate specifically for the Central Gold Corridor on the Chimo Mine property in Quebec. Brixton Metals announced this morning a non-brokered private placement financing of up to $3 million.

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Brixton Metals Phase II Drilling Result at Thorn; Awaiting Today's Fed Announcement

Brixton Metals announced preliminary results from its phase two exploration program at its wholly owned Thorn Project located in the Golden Triangle of British Columbia. Wesdome today announced results from its ongoing underground exploration drilling on the Eagle River Mine in Ontario. Triumph Gold also shared drilling results this morning. Legal trouble from Almaden. Q3 2019 reports from McEwen, Centerra, Buenaventura and Torex.

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Exploration Results from Radisson Mining & Prophecy Development; Palladium One Financing

The price of gold on Monday was taken below $1500, with $11 removed from its value after the Comex pit session opened on Monday morning. Radisson Mining Resources today announced drilling results from the 20,000 meter exploration drill program underway at its O’Brien gold project in the Larder-Lake-Cadillac Break in Quebec. Prophecy Development announced diamond drilling results from their Paca silver project in the Potosi department of Bolivia. Alacer Gold Corp filed their financial report for Q3 2019 this morning. Palladium One Mining announced it will undertake a non-brokered private placement offering of up to 53 million units at a price of $.06 (CAN) for gross proceeds of up to $3.2 million.

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"A Grand-Scale Money Printing Jubilee"

The price of gold shot up over its 50 day moving average on Friday. Premier Gold announced this morning that commercial production at the El Niño underground mine in the Carlin Trend of Nevada has commenced. McEwen Mining says a new high-grade occurence of gold mineralization has been found on its Stock Property which is part of the Black Fox Complex near Timmins, Ontario. Trilogy Metals shared the second and final set of assay results from the summer’s exploration diamond drilling program at the Bornite Project in the Ambler mining district of Alaska. Barrian Mining announced the results form a third drill hole form the recently completed reverse circulation drilling program at the Bolo gold-silver Project in Nevada. Cardinal Resources shared their results of a full Feasibility Study for the Namdini Gold Project in Ghana.

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