Trillium Gold bets on high-grade projects in Ontario’s Red Lake district
A year ago Russell Starr was senior vice president of corporate finance at Auryn Resources (now Fury Gold Mines) and slated to take charge of its Peruvian assets in a…
Gold
Falco updates feasibility on low cost Horne 5 gold project
Quebec-focused developer Falco Resources (TSXV: FPC) has released the results of an updated feasibility study on a development of the Horne 5 deposit below the historic Horne mine in the…
New Gold takes 14.9% stake in Talisker Resources
Canadian gold and copper producer New Gold (TSX: NGD; NYSE-AM: NGD) is acquiring a 14.9% interest in explorer Talisker Resources (TSX: TSK; US-OTC: TSKFF). Talisker holds a land package in…
Ghana terminates Resolute Mining’s Bibiani lease
Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the company was told to cease…
Liberty Gold reports oxide gold from Black Pine ahead of initial resource
With an initial resource estimate for its past-producing Black Pine project in Idaho expected in the second quarter, Liberty Gold (TSX: LGD) has released assay results for the final 35…
Benchmark hits 107.8 metres of 2.59 g/t gold-equivalent at Lawyers
Drilling at the southern part of the Cliff Creek area at Benchmark Metals’ (TSXV: BNCH) Lawyers project in the Golden Triangle area in B.C. has hit broad zones of gold-silver…
Exploration boom in West Africa challenged by lack of services — report
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet a growing global demand for metals,…
Wesdome discovers new gold zone at Kiena ahead of restart decision
With a prefeasibility study (PFS) expected to be complete in the second quarter, gold miner Wesdome Gold Mines (TSX: WDO) has announced the discovery of a high-grade gold zone at…
Troilus to acquire UrbanGold in all-share deal, grow Quebec land position
Troilus Gold (TSX: TLG; US-OTC: CHXMF) plans to expand its position in Quebec’s Frotet-Evans greenstone belt by 33% through an all-share acquisition of junior UrbanGold Minerals (TSXV: UGM). The two…
Where is gold headed from here?
After a two-day policy meeting last week, the U.S. Federal Reserve said it will maintain its accommodative monetary policy (read easy money) and will keep its overnight interest rates near…
Equinox releases feasibility on expansion of “cornerstone” Castle Mountain
Gold producer Equinox Gold (TSX: EQX; NYSE: EQX) has announced the results of a feasibility study on an expansion of its 12,700 tonne-per-day Castle Mountain heap leach mine in California…
Fortune Bay updates Goldfields resource in Saskatchewan
Fortune Bay (TSXV: FOR) has released an updated pit-constrained resource estimates for the Box and Athona deposits, 2 km apart, at its past-producing Goldfields project in northern Saskatchewan. The latest…