Resource World Magazine

Westhaven Drills 51.77 Metres of 4.22 g/t Gold and 46.42 g/t Silver, Including 27.85 Metres of 7.51 g/t Gold and 83.94 g/t Silver at Its Shovelnose Gold Property

Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill results from its ongoing drill campaign at its 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia. Recent Highlights: SNR21-01 (South Zone: 180.23-232.00m) 51.77 metres (m) of 4.22 g/t gold (Au) and 46.42 g/t silver…

SilverCrest rallies on Mexican high-grade news

SilverCrest Metals Inc. [SIL-TSX; SILV– NYSE] on Thursday April 15 released more impressive high-grade assays from drilling on multiple veins in the Babicanora area of its Las Chispas Project in Sonora, Mexico. SilverCrest shares advanced on the news, rising 6.5% or $0.70 to $11.39. The shares are currently trading in a 52-week range of $16.37…

Gold Mountain drills high-grade gold at Elk Project, BC

Gold Mountain Mining Corp. [GMTN-TSXV; 5XFA-FSE] reported gold results from the company’s down-dip portion of its Phase 1 drill program at its 100%-owned Elk gold project located near Merritt, southern British Colombia. These high-grade assay results continue to expand known veins down-dip indicating a clear path growth of the project. Assay results from down-dip drilling…

Largo poised to trade on Nasdaq, shares advance

Largo Resources Ltd.  [LGO-TSX, LGORF-OTCQX] said Friday April 16 that it has received the green light to list its shares on the Nasdaq Stock Market. The shares are expected to begin trading on April 19, 2021, under the trading symbol LGO. “Listing on the Nasdaq represents a significant milestone in the evolution of Largo as…

Freegold Ventures drills 1.7 metres of 588 g/t gold at Golden Summit, Alaska

Freegold Ventures Limited [FVL-TSX; FGOVF-OTC; FR4N-FSE] reported additional drill results from its 100%-owned Golden Summit Project from its 2020 drilling program. The project is 32 km north of Fairbanks, Alaska. A 2021 40,000-metre program is currently in progress, with approximately 80 holes (assuming an average hole depth of 500 metres) expected to be drilled during 2021. Since…

Sierra Metals produces 3.74 million ounces AgEq in Q1

Sierra Metals Inc. [SMT-TSX, Lima; SMTS-NYSE American] reported its first quarter 2021 production results featuring 4.5% growth of consolidated ore throughput. Results are from Sierra Metals’ three underground mines in Latin America: the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines in Mexico. Silver production was 1.0 million ounces, a…

Xtra-Gold Resources extends key zone at Ghana project

Xtra-Gold Resources Corp. [XTG-TSX; XTGRF-OTCQB] said Wednesday April 14 that it has expanded gold mineralization at the Double 19 deposit at its 100%-owned Kibi Gold Project in Ghana West Africa. The announcement comes as the company released assay results for an additional 13 drill holes from its current resource expansion and target generation program. Those…