Avalon Rare Metals {TSX: AVL} confirmed it has raised $4 million out of its originally proposed $5 million public offering.
The flow through proceeds are destined to be spent on developing their projects, and the unit funds for general working capital purposes. Continue reading
Scorpio Gold Corp. {TSX.V: SGN} reported positive results from their Solberry Satellite Deposit at Mineral Ridge, Nevada, USA.
Results suggest they might positively impact the known resources at Solberry. Continue reading
AIM listed Condor Gold {AIM: CNR} has completed a 1952 metre drill program at their La India project in Nicaragua, extending the known mineralisation 50 metres along strike and 60 metres down dip.
The best drill Intercept was an impressive 7.55 metres at 10.2 g/t gold. Continue reading
Kootenay Silver {TSX.V:KTN} reports high grade silver intersects in the final holes of their Phase 2 drill program at their La Negra property.
Two of the three drill targets encountered high grade mineralisation, and the full results are available in the full news release.
WesternZagros Resources (TSX.V: WZR} have announced details their forthcoming AGM.
For shareholders remote to Calgary there is a webcast option as the AGM will be broadcast live on the internet. Full details Continue reading
Zenyatta Ventures {TSX.V: ZEN} reports positive results from several samples of Albany graphite for PM usage.
Dr. Bharat Chahar, VP Market Development for Zenyatta stated that Albany Graphite has demonstrated “evidence of the suitably of this material in cleantech applications” Continue reading
Scorpio Gold Corp. {TSX.V: SGN} has announced the first drill results from their 2015 drill program at their Bluelite project at Mineral Ridge, Nevada.
Once again mineralisation was encountered at relatively shallow depths including some high grade holes. Continue reading
During the last ten days the British Colombia Securities Commission has imposed trading halts on a long list of Venture stocks.
the list consisted of 66 stocks halted, and one wonders whether this is a sign they are finally tightening up? Continue reading
Nymox Pharmaceutical Corp,announced Q1 results for 2015.
A net income of $1.576 million was recorded, due to revenue of $2.5 million being recorded as revenue an upfront payment from 2010.
The President of the Republic of Ecuador Rafael Correa, disappointed investors when he announced he has no plans to reduce mining taxes further.
This comes as a surprise given their recent sponsorship of the PDAC mining conference in Toronto and a subsequent European visit, which suggested a desire to create better relations with the mining investment community. Continue reading
Kootenay Silver {TSX.V: KTN} announces an option agreement with AuRico Gold for their San Diego Property.
CEO Jim McDonald enthused excitement about the deal which “offsets some risk for Kootenay shareholders whilst still giving upside potential through a royalty agreement”. Continue reading
Scorpio Gold {TSX: SGN} have announced they are to raise $3.37 million via a secure loan note issue to Coral Reef Capital LLC.
This is to fund exploration at mineral Ridge and Goldwedge, as well as the usual general working capital purposes. Continue reading
Inovio Pharmaceuticals {NASDAQ: INO} have moved quickly to initiate their Ebola DNA immuotherapy program after being awarded the $45 million contract by DARPA.
This first stage is to evaluate safety, tolerablity, and immune responses of Inovio’s DNA immunotherapy. Continue reading
Inovio Pharma {NASDAQ: INO} today released results for the quarter until March 2015.
Total revenue more than doubled compared to the corrrsponding quarter in 2014,whilst the operating expenses increased only slightly.
POET Technologies {TSX.V: PTK – OTCQX: POETF} have recently announced two new directors, and then, more recently, a new COO.
In all three cases there is considerable industry experience and achievement with major companies, and suggests POET is lining up the ducks as it progresses towards its stated objectives. Continue reading
Carlisle Goldfields {TSX.V: CGJ} and AuRico Gold {TSX: AUQ} JV partners on the Lynn lake Project announce the commencement of a 3500 m drill program at Dunvegan.
CEO Abraham Drost stated “ We believe there is also potential for higher-grade mineralisation in the Dunvegan area where the system seems to open up” Continue reading
Cartier Resources {TSX.V: ECR} CFO Laliberte resigns effective May 28th 2015.
Accountant Lacoursiere to act as interim CFO.
Zenyatta Ventures {TSX:V. ZEN} today confirmed that they have completed an innovative purification process on six samples from their Albany deposit, and have produced 99.9% pure graphite, an excellent result.
This is a further piece of the jigsaw required to complete their long awaited PEA. Continue reading
Kootenay Silver {TSX: V. KTN} have released further drill results from their Promontorio La Negra project in Sonora, Mexico.
These results, from 7 drill holes, confirm the potential for a medium-High grade open pittable mine, and to add substantial silver resources to the mine. Continue reading
Scorpio Gold {TSX.V: SGN} surprised the market by announcing that Steve Roebuck, their President, had stepped down with immediate effect.
CEO Peter Hawley will assume the position of President as well as that of CEO. Continue reading
