Gold is back over $1700 this morning. We have new drill results to share fro Aurion Resources and Alacer Gold. Exploration updates come to us from Sokoman Minerals and Kincora Copper.
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 MoreGold broke below $1700 on Friday. Both Filo Mining and Mawson Resources shared drilling results from their respected projects today. Fosterville South is acquiring 3 new gold projects in Australia. Golden Mineral financing. First Quantum has COVID-19 quarantine measures in place at Cobre Panama.
Read MoreGold positioned for a correction while silver battles with its 50dma. Corvus Gold, Marathon and G2 Goldfields shared new drill results this morning from their respected projects. Auryn Resources and Golden Minerals both shared PEAs for projects in their portfolios. Fireweed Zinc and Silver Elephant shared financing news.
Read MoreGold powered higher again on Monday. Troilus Gold reported initial results from its 6,000 meter drill program from the Southwest zone of the company’s Troilus property in Quebec. Northern Vertex announced this morning they have commenced construction of an electrical transmission system. Kincora Copper announced today they have been granted a new exploration license. With the Government of Quebec’s decision to authorize the resumption of mining activities in the province, we have a few operations which announced reopenings today. There are many companies with Q1 production numbers out today as well.
Read MoreYamana set to raise $120 million from the selling of their Equinox Gold shares. Golden Minerals has a new deal with Barrick. GR Silver shared historic drill data previously unreleased. Jaguar Mining has Q1 production numbers out.
Read MoreGold was back over $1700 futures basis this morning. Great Bear Resources and Calibre Mining shared new drill results from their project. Wesdome provided an operation update from Eagle River and Kiena. B2 Gold shared their Q1 numbers. Fiore Gold PEA in Nevada. Premier's acquisition proposal for Hardrock is rejected.
Read MoreGold futures pushed above $1700 yesterday. SolGold provided an updated Mineral Resource Estimate for its Alpala Porphyry Copper-Gold Deposit at the Cascabel Project in Northern Ecuador today. Discovery Metals shared results from ten diamond drill holes from its Cordero project in the Chihuahua State of Mexico. Cartier Resources announced drill results from its Chimo Mine gold property in Quebec. EMX Royalty Corp announced this morning they have executed three separate option agreements in Idaho. The Oreninc Weekly Update is also available.
Read MoreYesterday, the Mexican government declared COVID-19 a national health emergency and stated only essential services shall remain open. Mining, however, is not deemed an essential service in the plans. Golden Minerals shares results from their updated mineral resource estimate and preliminary economic assessment for its Valardeña Properties. Sandstorm shared their Q1 numbers. Palladium One acquires more project area in Finland.
Read MoreA new paper gold product on the Comex. Exploration in Idaho continues with news from both Liberty Gold and Bunker Hill. We have the Oreninc Weekly update in financings. Fireweed Zinc opens a financing. Newmont closes the Red Lake deal with Evolution. Equinox provides production and cost guidance.
Read MoreAscot Resources provided on update on the status of the company’s full feasibility study for the combined Premier and Red Mountain Gold projects. Luminex Resources announced its maiden mineral resource estimate at the Camp deposit. Kintavar Exploration and IsoEnergy provided new drilling results. Novo Resources announced they have subscribed for more than 9 million units of ASX listed GBM Resources. Nexus Gold to work with Leocor Ventures on the Dorset Gold project.
Read MoreSeabridge Gold announced this morning it has entered into an agreement to acquire a 100% interest in the 3 Aces gold project in the Yukon, Canada from Golden Predator Mining. Argonaut Gold and Alio Gold announced they have entered into a definitive agreement for an at-market merger whereby Argonaut will acquire all of the issued and outstanding shares of Alio. Premier Gold confirmed their offer to acquire the remaining 50% interest in the Greenstone Gold Mines Partnership from Centerra Gold. Aura Mineral and Para Resources announced this morning that Aura has completed the purchase of all of the issued and outstanding shares of Para’s wholly-owned subsidiary Z79 Resources. GR Silver MIning has closed its acquisition of the Plomosas Silver Project from First Majestic.
Read MoreCenterra Gold shared their full-year 2019 results this morning. EMX Royalty announced it has closed its previously announced acquisition of net smelter returns royalty interests covering 18 properties in Chile from Revelo Resources Corp. MacDonald Mines Exploration had previous assays announced in February re-assayed and shared those new results this morning. Mistango River Resources announced they have acquired a 2,105 hectare land package called the Teck-Kirkland Property from Hinterland Metals.
Read MoreOsprey Gold announced yesterday afternoon that they have entered into a letter agreement pursuant to which MegumaGold would acquire 100% of the issued and outstanding shares. Luminex REsources released Condor Camp Zone drilling results and included 3.12 g/t gold and 68.2 g/t silver over 44 meters. Novo Resources announced it has finalized the acquisition of a 100% interest in exploration licenses from Artemis Resources. Nexus Gold announced it has completed an offering of 8,980,000 units by way of non-brokered private placement at a price of $0.05 per Unit for gross proceeds of $449,000. We also share this week's Oreininc Weekly Update.
Read MoreGold 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.
Read MoreGold took another header on Wednesday as fear of the unknown from the coronavirus gripped all markets and selling prevailed. Kincora Copper has closed its agreement with RareX and now controls over 1,700 square kilometers in a leading porphyry jurisdiction in Australia. Coro Mining Corp. today announced that it has entered into an unsecured working capital facility with its major shareholders. IMC International Mining announced this morning it has entered into a definitive agreement to acquire Thane Minerals. Kirkland Lake Gold reported on its progress with its share repurchasing program.
Read MoreIn news, Gold was ripped down below its 200 dma with most of the price damage occurring in the NY paper gold market. Ely Gold Royalties purchases a new royalty on the Carlin Trend. McEwen Mining reported their full year results this morning. Gran Colombia has acquired more than 1.2 million shares of Caldas Gold.
Read MoreCardinal Resources says it has received notification from Nord Gold that it has acquired a 19.9% interesting their shares. Alamos Gold set to acquire and cancel the 3% NSR on Island Gold Mine. Maple Gold Mines shared new exploration results. VanadiumCorp shared new drilling results. Turquoise Hill shared an update from the Oyu Tolgoi mine in Mongolia.
Read MoreAscot Resources (TSX:AOT / OTCQX:AOTVF) CEO Derek White joined us to discuss the company's Premier project in the Golden Triangle as the group leads it into the publication of a full feasibility study. Derek discusses the infrastructure available for the project and some in part due to the Brucejack project. We also discuss financing opportunities the group could look at for construction of the project.
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