Wesdome Gold (TSX: WDO)
Announced that the Company has temporarily suspended underground activities and surface exploration activities at the Kiena Mine in Val d’Or, Quebec, Amidst Forest Fires in Quebec and Ontario. Continue reading
Tag Archives: gold
O3 Mining Intersects 4.0 g/t Au Over 36.5 M at Marban
O3 Mining Inc. (TSX.V: OIII)
Provided additional assay results from our winter drill program on our Marban Engineering Project in Val-d’Or, Québec, Canada.
The Corporation is reporting 22 significant intercepts in 13 drill holes from the Malartic H deposit drill program. Continue reading
Maple Gold Intersects 5.8 G/T Gold Over 2 m
Maple Gold Mines (TSX.V: MGM)
Reported complete gold assay results (multi-element assay results remain pending) from the first phase of deep drilling at the Telbel Mine area of the Joutel Gold Project located in Québec, Canada, which is a 50/50 JV between the Company and Agnico Eagle Mines. Continue reading
Calidus Completes Securities Purchase Plan
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Calidus Resources (ASX: CAI)
Announced the successful completion of its Share Purchase Plan, which closed at 5:00pm (AWST) on Tuesday, 30 May 2023.
The Company received valid applications from 162 Eligible Shareholders for 8,361,994 new fully paid ordinary shares.
Pacgold Intersects Targeted Broad Zones of Veining
Pacgold (ASX: PGO)
Provided an update on step-out drilling progress on the Central and Southern Targets at the Company’s Alice River Gold Project 300km northwest of Cairns, North Queensland. Continue reading
Ascot Reports Q1 Results and Construction Update
Ascot Resources (TSX: AOT)
Announced the Company’s unaudited financial results for Q1 2023, and also provided a construction update on the Company’s Premier Gold Project
As of Q1 2023, detailed engineering stands at 99% complete, major procurement is over 95% complete, and project construction excluding mine development is at 35%. Continue reading
Wesdome Identifies Potential Bulk Tonnage Target
Wesdome Gold Mines (TSX: WDO)
Announced surface exploration drilling results from the Shawkey and Dubuisson zones located east of the Kiena Mine at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec. Continue reading
Lefroy Transformed by Mineral Rights Acquisition
Lefroy Exploration(ASX: LEX)
Announced details of a significant addition to its growing portfolio of assets in the world-class Goldfields region of Western Australia.
LEX’s wholly owned subsidiaries have entered into an agreement with Franco-Nevada Australia Pty to acquire mineral rights across the Loc45 freehold property, located 35km SE of Kalgoorlie. Continue reading
Karora Resources Reports Record Production
Karora Resources (TSX: KRR)
Announced financial and operating results for the first quarter of 2023.
Production of 39,827 ounces exceeded target levels and increased 45% from the first quarter of 2022. Continue reading
Maple Gold Outlines VMS Summer Field Program
Maple Gold Mines (TSX.V: MGM)
Provided an update regarding property-wide VMS targeting and plans for a summer field program at the Douay and Joutel Gold Projects located in Québec.
The properties are held by a 50/50 joint venture between the Company and Agnico Eagle Mines. Continue reading
Orla Mining Reports Strong Q1 Results
Orla Mining (TSX: OLA)
Announced the results for the first quarter ended March 31, 2023 as well as the partial exercise by Agnico Eagle Mines of its top-up right.
During the first quarter, gold production was 25,910 ounces and gold sold was 26,859 ounces. Continue reading
Cartier Closes Its CAD$204,000 Financing
Cartier Resources(TSX.V: ECR)
Announced that it has closed its previously announced private placement for aggregate gross proceeds of $204,000.
1,457,143 common shares of Cartier were issued at a price of $0.14 per Common share. Continue reading
Goldshore Updates Inferred MRE to 6 M oz
Goldshore Resources (TSX.V: GSHR)
Announced an updated mineral resource estimate for the Moss deposit and a maiden mineral resource estimate for the East Coldstream deposit, both located at its 100%-owned Moss Gold Project in Northwest Ontario, Canada.
Moss Gold Project global inferred resource grows 44% to 6.00Moz at 1.02 g/t. Continue reading
Cartier Cuts two New Zones at Chimo Mine Project
Cartier Resources (TSX.V: ECR)
Announced drill hole results from the program that is in progress at the Chimo Mine Project, where a recent PEA demonstrated its economic viability.
The new results show the discovery potential of the ‘West Chimo Mine’ sector which has seen very little drilling to date. Continue reading
Minera Alamos earns $5.6-million in 2022
Minera Alamos Inc. (TSX.V: MAI)
Provided selected financial highlights from its 2022 annual financial statements and MD&A (management’s discussion and analysis) filed on SEDAR on May 1, 2023. Continue reading
Goldshore Resources High-Grade Shears at the SW Zone
Goldshore Resources (TSX.V: GSHR)
Announced assay results from its 100,000 meter drill program at the Moss Gold Project in Northwest Ontario, Canada.
Results from nine holes drilled to infill poorly tested parts of the SW Zone have best intercepts of 1.47 g/t Au over 16.9m from 375.3m depth. Continue reading
Calidus Resources Raises A$23 M
Calidus Resources (ASX: CAI)
Announced that it has received firm commitments for a $23 million share placement to professional, sophisticated and institutional investors through the issue of approximately 109.8 million shares at a price of $0.21 per share. Continue reading
Initiating Coverage – Goldshore Resources
Goldshore Resources (TSX.V: GSHR)
I attended a presentation by highly experienced Goldshore CEO Brett Richards a few days ago and was very impressed.
GSHR are located in Ontario, have a large inferred resource, are currently drilling, and are well funded. Continue reading
Karora Resources Discover Significant Gold At Fletcher
Karora Resources (TSX: KRR)
Announced significant results from gold exploration drilling targeting the Fletcher Zone at the Beta Hunt Mine. Continue reading
Ascot C$4 M Non-Brokered Flow Through Placement
Ascot Resources Ltd. (TSX: AOT)
Announced a C$4.0 million non-brokered flow through private placement, the proceeds of which will be used to fund the 2023 exploration program at the Company’s Premier Gold Project , located in the prolific Golden Triangle of northwestern British Columbia. Continue reading