Strongbow Exploration director buys shares in the market again

Strongbow Exploration  {TSE: SBW} Director David Grenville Thomas purchased 98,500 shares of Strongbow Exploration stock in a transaction that occurred on Monday, April 3rd. The stock was acquired at an average price of C$0.14 per share, with a total value of C$13,790.00.

This adds to David’s three other recent purchases of stock in the market. Continue reading

Coking coal price soars over $300 per ton

Coking coal  – The price has soared over US $300 since the cyclone Debbie hit Queensland,  Australia, which damaged mines and the infrastructure that supports them.

For Canadian coking coal companies like our own Colonial Coal, this is excellent news and the share price has responded accordingly, as the price in Canadian dollars has risen to CAD $375 per ton, which equates to a handsome profit for those Canadian based miners already in production, where typical costs are CAD $140 FOB. Continue reading

Cartier advances on four Quebec gold assets with a 50,000 M drill program

Cartier Resources Inc. {TSX.V: ECR} announced that the board of directors has approved a 50,000 m drill program to be conducted over the next fifteen months.

The programs are intended to explore the depth and lateral extensions of known high grade gold mineralisation and expand the dimensions of the deposits on four of its projects, namely: Chimo Mine, Wilson, Benoist and Fenton. Continue reading

Neometals set to sell their stake in Mt. Marion for AUD £125 million

Neometals {ASX: NMT} has informed their shareholders by letter that they intend to sell their 13.8% stake in the Mt. Marion lithium project for AU$125 million (US $ 96 m). Their partners in the project have pre-emption right to this stake, before it can be offered to other parties.

This is a transformational deal for the company. Continue reading

Kootenay announce continued high grade results from 2016 drill program on La Negra

Kootenay Silver Inc. {TSX.V: KTN} is pleased to announce drilling has returned more high-grade silver intercepts from the remaining 6 holes of the 2016 drill program conducted and operated by Pan American Silver Corp. (“Pan American Silver”) on its La Negra silver discovery within the Promontorio project located in Sonora, Mexico. Continue reading

Inovio and Collaborators Receive NIH Grant to Evaluate HIV Immunotherapy PENNVAX®

Inovio Pharmaceuticals, Inc. {NASDAQ: INO} announced that its academic and industry collaborators received a multi-year $6.95 million grant from the NIH’s National Institute of Allergy and Infectious Diseases to develop a single or combination therapy using Inovio’s PENNVAX-GP with the goal of attaining long-term HIV remission in the absence of antiviral drugs. Continue reading