Opus One drill results at Noyell shows growth promise
Opus One Gold (TSXV: OOR) says that drilling at its Noyell project near Matagami, Quebec, has redefined management’s interpretation for the project. Hole NO-25-06 cut 8.4 metres (true width 6.6…
Metals and Minerals Markets
NGEx Minerals shares soar on Lunahuasi discovery
NGEx Minerals’ (TSXV: NGEX; US-OTC: NGXXF) shares jumped nearly 20% on Wednesday after drill results in Argentina revealed the presence of a bigger underlying porphyry system than previously thought. Drillhole…
STLLR Gold PEA ‘resets’ Tower project as capex triples
STLLR Gold’s (TSX: STLR; OTCQX: STLRF) resource and preliminary economic assessment (PEA) updates on May 15 for its Tower project in Ontario saw investors selling and its Toronto stock dropping…
Ex-LBMA exec adopts blockchain to trace gold
Sakhila Mirza must turn a decade of rule-making experience at the London Bullion Market Association (LBMA) into real-world systems as incoming president of New York-based traceability platform, Responsible Gold. Her…
$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
Ausgold solves Katanning ‘puzzle’ with new intercepts
Ausgold (ASX: AUC) on Wednesday reported multi-kilometre gold intercepts along Western Australia’s Stanley Thrust. Step-out drilling at the Katanning gold project (KGP) produced results that suggest a possible gold district,…
West Red Lake Gold’s South Austin strike extends Madsen gold zone
West Red Lake Gold Mines’ (TSXV: WRLG) latest drill results confirm the Madsen mine’s South Austin zone remains among the hottest targets in northern Ontario’s Red Lake district. Shares rose….
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Ireland logs strongest silver assays since Beatles Help!
Group Eleven Resources’ (TSXV: ZNG; US-OTC: GRLVF) Thursday exploration update at its Ballywire discovery returned among the highest-grade silver intercepts in Ireland in more than 60 years, the company says….
Grey Fox emerges as McEwen’s growth driver
McEwen Mining (NYSE, TSX: MUX) is banking on the Grey Fox deposit to drive production growth at its Fox Complex just outside Timmins, Ontario. McEwen plans to lift Fox Complex…
Mineros gains on Povernir build permit in Nicaragua
Mineros (TSX: MSA) has received the permit it needs to start building its underground mine at the Porvenir project in northeast Nicaragua. Shares gained 7%. Its subsidiary Hemco Mineros Nicaragua…
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…