The Mari Lake property is host to 2 documented gold mineralized occurrences hosted by complexly folded rocks associated with iron sulphides and minor copper in stringer veins and micro-fracture infillings. The first recorded industry work was by Hudson’s Bay Exploration and Development who completed a ground electromagnetic geophysical survey in the vicinity in 1964. Management […]
, a gold exploration and development company, today announced that the Company will participate at an upcoming Benzinga Global Small Cap Conference, being held virtually on May 13-14, 2021. The Benzinga Global Small Cap Conference bridges the gap between Small Cap companies, investors, and traders, helping attendees learn about small cap investing with clearly defined […]
Vancouver, British Columbia – TheNewswire – May 12, 2021 – Exploits Discovery Corp. Upon completion of the Private Placement, Mr. Sprott will hold 15.1% on a non-diluted basis and 26.3% on a partially diluted basis assuming exercise by Mr. Sprott of all Warrants held, while New Found Gold will hold 13.6% on a non-diluted basis […]
reported results for the first quarter ended March 31, 2021 of 11,536 ounces of gold produced at $575 per ounce all-in sustaining cost, $20.7 million net sales, $7.4 million increase in treasury to $35.2 million, and maintains its 2021 production outlook. Mr. Jason Reid, CEO and President of Fortitude Gold, stated, “We are very excited […]
It has been traced along a northwest strike for 350 metres, consisting of 2 to 10% cm-scale quartz veinlets over widths of up to 90m, locally with quartz breccia veins of up to 1m wide. This hole intersected Vein Zone 1 consisting of the following andesite hosted sequence: a section of brecciated banded quartz-adularia-ginguro veining […]
VANCOUVER, BC, May 5, 2021 /CNW/ – Aris Gold Corporation on Tuesday, May 11, 2021 at 10am PDT/1pm EDT. Registered shareholders and duly appointed proxyholders who have properly registered will be able to attend, participate and vote at the AGM online at https://web.lumiagm.com/232065874. Aris Gold operates the Marmato mine in Colombia, where a modernization and expansion […]
The net proceeds from the Offering shall be primarily used by Avidian in Alaska for resource delineation of the Amanita project, adjacent to the Fort Knox mine, and expansion of the existing resource at the Breccia Pipe deposit in the district-scale Golden Zone project. By allowing High Tide’s Board and Management team to further advance […]
This is the first time that the Company has seen visible gold either in or around the La Dura mine. Tarachi VP of Exploration and Director, Lorne Warner, commented: “Our geologists noting the presence of visible gold in the RC drill cuttings is a nice surprise for us on the Jabali concession. The visible gold […]
“This placement demonstrates Crescat’s full support for Ethos’ aggressive exploration plans across its numerous Canadian projects this season,” commented Kevin Smith, CIO of Crescat Capital. Ethos Gold, a Discovery Group company, has accumulated a portfolio of district scale projects in British Columbia, Ontario, Quebec, and Newfoundland that we believe have large scale discovery potential. Factors […]
The Company started the Prior Consultation process with the indigenous parties located inside the Project’s area of influence, advancing the pre-consultation process and the methodology path with the Embera Chami community. La Cumbre is located within the Company’s 100% owned Batero-Quinchia Gold Project, which sits within Colombia’s emerging and prolific Mid Cauca gold and copper […]
The Company delivered a 51% year-over-year increase in adjusted net earnings, with margins increasing 25% to $1,031 per ounce sold, once again outpacing the increase in the average realized gold price. “Our three largest producing mines – Paracatu, Kupol and Tasiast – delivered our lowest costs for the quarter, with Paracatu and Tasiast achieving record […]
New Found believes that the geological setting and style of high grade epizonal gold mineralization at our Queensway project in Newfoundland has strong similarities to the high-grade discoveries at Fosterville, and we look forward to Doug’s insights and advice. He was a founder and executive of International Royalty Corporation from 2003 to 2006, and a […]
VANCOUVER, BC, May 11, 2021 /CNW/ – Montage Gold Corp. “We continue to be extremely impressed with the infill drill results, which now includes the best drill result ever generated at the Koné deposit. “As we have said in previous releases, we expect a high percentage of resource conversion from Inferred to Indicated and this […]
The new block of 20 unpatented lode claims totaling 162 hectares or 400 acres is contiguous with the original block of claims and includes ground covered by alluvium. It is therefore believed some of these outcropping structures, may continue under the alluvial cover onto the newly staked lands. Richard Kern, Certified Professional Geologist, a qualified […]
Far Resources also has its ZORO Lithium Project, in CANADA, located in the mining -friendly Snow Lake region of Manitoba and containing numerous known lithium deposits. This news release does not constitute an offer to sell securities and the company is not soliciting an offer to buy securities in any jurisdiction in which such offer, […]
In addition, the team intends to expand its attention onto the other high-priority gold targets along strike and paralleling the mine trend. In its release of March 18, 2021, Falcon reported the last of the 17 drill holes of the initial drilling campaign by the Company in 2020. Mr. Karim Rayani, Falcon’s Chief Executive Officer, […]
2021 drilling at Powerline is designed to test the near-surface gold mineralization to a total area of over 900,000 m3, stepping out in all directions from the existing 160,000 m3 of the existing Powerline resource. “We have continued to expand the drill grid around the Powerline, building upon the known mineralization rapidly and efficiently; and […]
Highlights include 1.11 g/t Au over 5.50 metres, 5.0 g/t Au over 0.9 metres, 2.26 g/t Au over 7.0 metres including 8.66 g/t Au over 1 metre in Hole K-21-01 and 1.72 g/t Au over 3.0 metres in Hole K-21-02. We interpret this gold mineralization, along with significant levels of antimony and arsenic detected by […]
VANCOUVER, British Columbia, May 10, 2021 , which it and its affiliates do not already own, by way of a plan of arrangement. Shareholders who have questions or require assistance with submitting their Shares to the Arrangement may direct their questions to Computershare Investor Services Inc., who is acting as depositary under the Arrangement. GT […]
COLORADO SPRINGS, CO / ACCESSWIRE / May 10, 2021 / Fortitude Gold today announced the timing of its first quarter 2021 earnings conference call scheduled for Wednesday, May 12, 2021. Fortitude Gold’s CEO Mr. Jason Reid will host the conference call Wednesday, May 12, 2021 at 11:00 a.m. The Company’s Nevada Mining Unit consists of […]