Snowline Gold raises $15M for Yukon gold projects
Snowline Gold (TSXV: SGD; US-OTC: SNWGF) will raise $15 million in an agreement with Cormark Securities to purchase 2 million flow-through shares of the company at $7.50 per share. The money…
Canada
Drilling at Probe Gold’s Monique project returns grades of up to 10 grams per tonne
Probe Gold (TSX: PRB; US-OTC: PROBF) says results from 37 drill holes, totaling 10,772 meters, have returned significant gold intercepts from surface to 425 meters vertical depth at the Monique…
Lucara Diamond to replace CEO Eira Thomas
Lucara Diamond (TSX: LUC) announced Monday the company will appoint William Lamb as president and chief executive officer and a director, replacing Eira Thomas. Thomas co-founded Lucara in 2007, with…
New Found Gold explores use of Maritime’s processing facility for early production
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing facility held by Maritime Resources…
TNM Drill Down: Red 5’s King of the Hills produces best width x grade value yet
Our TNM Drill Down features highlights of the top gold assays from Aug. 4-11. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence. …
TSXV edges lower during shortened Aug. 8-11 trading week
The S&P/TSX Venture Composite Index retreated by 0.52 point or 0.08% over the shortened Aug. 8-11 trading session to end at 607.14. Leading in terms of value gainers was Arbor…
TSX wrap for week of August 8: Base metals drop as Franco-Nevada prints cash
Over the shortened Aug. 8-11 trading week, the S&P/TSX Composite Index gained 171.53 or 0.8% to 20,407.57. The S&P/TSX Global Mining Index lost 1.02 points or 0.94% to 107.27, and…
The Metals Company stock surges on US$27M capital raise
The Metals Company (NASDAQ: TMC), an explorer of lower-impact battery metals from seafloor polymetallic nodules, has announced a registered direct offering that would see the company raise gross proceeds of…
Commentary: Like Frodo, we should embrace our enemy’s enemy
Professor J.R.R. Tolkien died 50 years ago, and we can learn from his hero in Lord of the Rings, Frodo Baggins, who made an expedient choice for his guide into…
Allkem update more than doubles James Bay lithium resource to 110M tonnes
An update to Allkem‘s (TSX: AKE; ASX: AKE) James Bay lithium project in northern Quebec has increased the resource by 173% over its previous estimate from December 2021, the company…
RANKED: World’s largest clay and hard rock lithium projects
The lithium market has been in turmoil with dramatic price swings over the last few years as demand from electric cars take off and global supply growth tries to keep up. Junior…
Yukon juniors Fireweed, Cascadia, Nickel Creek, Onyx vie for investor support
This is the first of two parts on other companies active in the Yukon following a piece on investor darling Snowline Gold (TSXV: SGD; US-OTC: SNWGF) and site visit reports on…