TNM Drill Down: Top Ten best gold drill results year to date
While rising interest rates have weighed on the gold price since it hit its most recent peak of over US$2,050 per oz. in March, exploration for the yellow metal is…
Wesdome Gold Mines
Wesdome shares fall after miner misses analysts’ Q2 forecasts
Shares of Wesdome Gold Mines (TSX: WDO) fell to their lowest in a year after the company reported a “weak” performance in its second quarter and said that it would…
Wesdome cuts new high-grade mineralization at Kiena gold mine in Quebec
Wesdome Gold Mines (TSX: WDO) reported high-grade results from its drill program at the Kiena mine complex in Val d’Or, Que., as the company continues to move forward with its…
Goldshore Resources reports near-surface gold mineralization at Moss Lake project
Assays from two drill holes at Goldshore Resources’ (TSXV: GSHR; US-OTC: GSHRF) flagship Moss Lake gold project in northwestern Ontario returned several wide intercepts of near-surface gold mineralization. Drill hole…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals…
Wesdome expands Kiena Footwall zone, possible mining restart by year-end
Underground drilling by Wesdome Gold Mines (TSX: WDO) at the Kiena mine complex in Val d’Or, Quebec has expanded the high grade Footwall zone over 300 metres down plunge. Drilling…
JV Article: The creation of a new Canadian gold miner
Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore’s president and CEO. Goldshore has assembled a…
Exploration at Argonaut’s Magino project yields exciting results
About four months into the planned two-year construction of Argonaut Gold’s (TSX: AR) new cornerstone Magino project in northeastern Ontario, smooth progress and encouraging new exploration results have CEO Peter…
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…
Wesdome to sell Moss Lake to Goldshore Resources for $57M
TSX Venture-listed Sierra Madre Developments (TSXV: SMG.H) has entered into an amalgamation agreement to acquire B.C.-incorporated and privately held Goldshore Resources. Separately, Goldshore has entered into an asset purchase agreement…
Yamana to acquire Monarch Gold in $152M deal
Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) is expanding its footprint in the precious metals-rich Abitibi region of Quebec by acquiring all shares in smaller rival Monarch Gold (TSX:…
Quebec snapshot: Eight companies to watch
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world’s top destinations for mineral explorers and developers. Below,…