VANCOUVER – BCM Resources Corporation reported its first reverse circulation pre-collar hole, TK15, has been drilled and cased to a depth of 2,030 feet (618.7 m). Diamond core drilling has now commenced and will extend this hole to depths up to 5,250 feet (1,600.6 m).
TORONTO – Hudbay Minerals Inc. has entered into a definitive agreement to which Hudbay has agreed to acquire all of the issued and outstanding common shares of Arizona Sonoran Copper (ASCU), not already owned by Hudbay. The Transaction will result in Hudbay owning a 100%
TORONTO – Kinross Gold Corporation announced that it is proceeding with the construction of three projects: the Round Mountain Phase X and Bald Mountain Redbird 2 projects in Nevada, and the Kettle River-Curlew project in Washington. These projects are expected to meaningfully extend mine life
VANCOUVER – Tectonic Metals Inc. reported on the 99,800-acre Flat Gold Project in Southwest Alaska. Results are highlighted by a 364 gram-metre intercept at Chicken Mountain returning 9.94 g/t Au over 36.58 m, including 15.73 g/t Au over 22.86 m, with a bonanza-grade interval of
LEAD, SD – Dakota Gold reported on the Richmond Hill Oxide Heap Leach Gold Project expansion drilling that has intersected gold mineralization as far as 230 meters (755 feet) north of the current Measured and Indicated resource boundary. Drill results continue to confirm widespread gold
TORONTO – Barrick Mining Corporation COO, Interim President and CEO, Mark Hill, said, “Higher gold production combined with lower costs and strong commodity prices drove record cash flow for Barrick in Q3,” said Mark Hill, Group Chief Operating Officer and Interim President and Chief Executive
TORONTO – Premier American Uranium Inc. (PUR) reported on the Preliminary Economic Assessment (PEA) for the Cebolleta Uranium Project in New Mexico. The PEA highlights the potential for a large-scale, long-life, low-capex uranium project with leverage to rising uranium prices. The PEA contemplates a heap
TORONTO – Borealis Mining Company Limited has successfully completed the first pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 65.6 pounds, equivalent to 956.7 troy ounces of doré was poured in
TORONTO – J. Paul Rollinson, CEO of Kinross Gold Corporation, said, “In Nevada, The decline development at Round Mountain Phase X is advancing well, with over 4,500 metres developed to date. Extensive infill drilling has been completed in both the upper zone and lower zones, with results
COEUR D’ALENE, ID – Idaho Strategic Resources (IDR) has sampled greater than 17.6% total rare earth oxides (TREO) at the Company’s Mineral Hill project – IDR’s northernmost rare earth project in the Idaho REE-Th Belt. The Company also recently completed a drone-based magnetics survey flown
VANCOUVER – Metallic Minerals Corp. reported positive surface rock sample results from its follow up district-scale exploration program at the La Plata copper-silver-gold-platinum group element (Cu-Ag-Au-PGE) project in southwest Colorado. The rock samples returned significant high-grade results from the field exploration work resulting in new
CHICAGO, IL – Coeur Mining, Inc. Chairman, President and Chief Executive Officer, Mitchell J. Krebs, said, “Coeur’s balanced portfolio of five North American operations had a solid first three months of the year, which puts us in a strong position to deliver record operational and
VANCOUVER – “Wheaton Precious Metals exceeded production guidance for the year due to outperformances at Salobo in Brazil, and Constancia in Peru, and are proud to have returned a record level of dividends,” said Randy Smallwood, President and Chief Executive Officer. “In 2024, Wheaton remained focused
VANCOUVER – Bayhorse Silver Inc, reported that final IP Survey results have been received for eastern side of the Bayhorse Silver Mine. Final IP data received shows five IP low-resistance targets. The nearest IP target to the historic mined stopes starts 78 m (257 ft)
VANCOUVER – Adamera Minerals Corp. reported on its first three drill holes at the Flag Hill South property in Washington State. The results indicate a marked increase in gold-silver grades and vein width with depth supporting our interpretation that the property holds viable potential for
PHOENIX, AZ – Freeport-McMoRan Inc. (FCX), Chairman Of The Board, Richard Adkerson, said, “We enter 2025 with a clear focus on continued strong execution of our operating plans, enhancing productivity, managing costs and capital, and advancing opportunities for long-term profitable growth and value creation. Our
DENVER, CO – Newmont Corporation agreed to sell its Porcupine operation in Ontario, Canada to Discovery Silver Corp. for up to $425 million in total consideration. Upon closing the sale of the Porcupine operation and the previously announced transactions, Newmont will deliver up to $4.3
KELLOGG, ID – Bunker Hill Mining Corp. reported that the Bunker Hill Mine restart project, which is approximately 64% complete with 98% of procurement completed, has undergone a strategic review resulting in an updated timeline and capital requirements. The Company now forecasts a total restart
TORONTO – Kinross Gold Corporation Chief Executive Officer, J. Paul Rollinson, said, “We remain heavily focused on consistent operational performance, cost control, capital discipline and delivering on planned grades to generate value for our shareholders. Our ability to hold costs in this strong gold price
ANCHORAGE, AK – U.S. GoldMining Inc. announced the Mineral Resource Estimate (MRE) for the Whistler Gold-Copper Project in Alaska. The updated MRE is set forth in a technical report summary titled ” S-K 1300 Technical Report Summary Initial Assessment for the Whistler Project, South Central Alaska ”
VANCOUVER – Silver One Resources Inc. reported the commencement of construction of road and drill pads in preparation for drilling the first of several silver targets at its high-grade Phoenix Silver Project located near Globe, Arizona. Forest Service fire restrictions have been lifted in the
TORONTO – Barrick Gold Corporation President and Chief Executive, Mark Bristow, said, “While steering the Company towards the achievement of its 2024 guidance, management was also maintaining its focus on value creation and growth. The recently permitted Goldrush mine in Nevada which is ramping up
VANCOUVER – Metallis Resources Inc. reported that the inaugural field exploration program on the recently acquired Greyhound property has begun. The property is a high-grade silver/gold/antimony project within an historic mining camp, located in Idaho. The geological field team has been tasked with the evaluation of
DENVER , CO – SSR Mining Inc. reported that the Marigold operations gold production was 34,680 ounces in the first quarter of 2024. As planned, first quarter 2024 results included increased waste stripping to support near-term development activities at Red Dot, which is a key
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