Flin Flon mining to stop in 2021, Hudbay memo says
Despite its best efforts, the “most likely scenario” is that in 2021, mining operations will cease in Flin Flon, Man., an internal memo to employees at Hudbay Minerals (TSX: HBM;…
Zinc-Lead
Tinka boosts resource at Ayawilca in Peru
Additional drilling at Tinka Resources‘ (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project’s resource estimate from an…
Delrey completes IPO, explores Sunset cobalt project in BC
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia. In September 2018, the company took 708 soil samples…
Bunker Hill reinstates lease for historic mine
A month after defaulting on US$400,000 in lease payments for the past-producing Bunker Hill zinc-lead-silver mine property and Superfund site in the Silver Valley of Idaho, Bunker Hill Mining (CSE:…
Kutcho Copper extends mineralization at Main deposit
Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper (TSXV: KC; US-OTC: KCCFF). The high-grade copper-zinc-gold-silver…
Rockcliff to begin Kinross-funded drill program at Laguna
Rockcliff Metals (TSXV: RCLF; US-OTC: SVVZD) is set to drill its Laguna gold property in Snow Lake, Man. — the first drilling the property has seen in over 70 years….
TSX Venture rises, Oct. 29-Nov. 2
Shares of Cantex Mine Development soared 389% on drill results from its North Rackla silver-lead-zinc project in Yukon. The company had drilled nine holes on the project’s massive Sulphide zone,…
Group Eleven advances on three fronts in Ireland
Ireland hosts two prospective horizons for zinc-lead mineralization: the Waulsortian limestone zone, and the deeper Pale Beds, also known as the Navan Beds. Group Eleven Resources (TSXV: ZNG) hosted a…
TSX Venture falls, Oct. 15-19
The S&P/TSX Venture Composite Index fell 4.1% to 682.16. Shares of Great Bear Resources rose 57¢ to $3.24. The company recently discovered an outcropping ultramafic rock unit with at least…
US markets end in positive territory, Oct. 15-19
The Dow Jones Industrial Average rose 0.41% to 25,444.34, while the S&P 500 Index rose 0.02% to 2,767.78. Spot gold rose 0.74% to US$1,226.50 per oz. gold. Coal producers in…
Bunker Hill Mining defaults on mine lease
In March, Bunker Hill Mining (CSE: BNKR) hosted a reception at Toronto’s Hockey Hall of Fame, where guests lined up to pose for photographs with former Maple Leafs stars Wendel…
Ascendant reduces operating costs at El Mochito in new PEA
Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has tabled a new preliminary economic assessment (PEA) for its El Mochito zinc-lead mine in Honduras that increases production while reducing operating and all-in…