Resource World Magazine

Dynacor Announces Peruvian Authorities Release the First Tranche of Gold Bars Retained from December 2019 Shipment Valued at Approximately US$2.9 Million (C$3.7 Million)

Dynacor Gold Mines Inc. [TSX-DNG] (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), is pleased to announce that Peruvian authorities have released two gold bars which are equivalent to slightly more than 60% of the gold held in an administrative process which began in late 2019. The…

‘Tis the Season for Gold

From a Veteran Broker’s Perspective By Rod Blake If you’re reading this, you are no doubt like me – an investor in resource stocks. And like me – if you hold a variety of resource holdings, you are undoubtedly amazed how the first half of 2021 has played out. If you held copper stocks –…

Stora Enso’s pilot plant for producing carbon battery materials now operational

Stora Enso [NASDAQ Helsinki-STERV] today announced that its pilot facility for producing bio-based carbon materials from lignin has started operations. This follows the company’s EUR 10 million investment announced in 2019. Pilot production of Lignode® by Stora Enso, wood-based carbon for batteries, is currently being ramped up. Applications include electric vehicles and consumer electronics as well…

Patriot Battery to merge with Global Green Energy

Patriot Battery Metals Inc. [CSE-PMET, OTCQB-RGDCF, FSE-R9GA] announced that it has entered into an amalgamation agreement dated July 20, 2021 with Global Green Energy Acquisition Corp., an arm’s length private British Columbia corporation, and REE Metals Inc., a wholly-owned subsidiary of the Company, pursuant to which Patriot will acquire all of the issued and outstanding…

Nighthawk hits 3.80 g/t gold over 22.40 metres

Nighthawk Gold Corp. [NHK-TSXV, OTC-MIMZF] on Wednesday released more assays results form the main Colomac and Goldcrest deposits which are located within its Indin Lake gold property in Canada’s Northwest Territories. The latest results are from a 2021, phase 1 program which is expected to consist of 41,420 metres with an approximate split of 45%…

Newcore advances on Ghana drilling results

Newcore Gold Ltd. [NCAU-TSXV, NCAUF-OTCQX] shares rallied in active trading Wednesday after the company released impressive drilling results from its 100%-owned Enchi Gold Project in Ghana, West Africa. Results released Wednesday are from a 66,000-metre drill program which is targeting the Boin Gold deposit and has intersected the highest grade interval recorded to date on…

Marathon Gold signs US$185 million term sheet

Marathon Gold Corp. [MOZ-TSX, OTC-MGDPF] on Tuesday said it has entered into an exclusive non-binding indicative term sheet with Sprott Resource Lending Corp. for a senior secured project financing facility of US$185 million. Proceeds from the credit facility will be used to fund construction at the company’s Valentine Gold Project in central Newfoundland. The credit…

Hawkmoon drilling for gold in Quebec, shares rise

Hawkmoon Resources Corp. [HM-CSE] said Tuesday it has commenced diamond drilling on its Wilson gold project in Quebec. Wilson is one of two key projects in the Hawkmoon portfolio. The other is the Romeo project. Both are located in a region where Bonterra Resources Inc. [BTR-TSXV, BONXF-OTC, 9BR1-FSE] and Osisko Mining Inc. [OSK-TSX] are developing…

Solaris Announces Significant New Discovery at Warintza East

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce a significant new discovery in maiden drilling of the Warintza East target at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador. Highlights are listed below, with corresponding images in Figures 1 and 2 and detailed results in Tables…

Maple Gold options Globex property in Quebec

Maple Gold Mines Ltd. [MGM-TSXV, MGMLF-OTCQB, M3G-FSE] said Monday it has entered into an option agreement with Globex Mining Enterprises Inc. [GMX-TSX, G1MN-Frankfurt] to acquire a 100% interest in the Eagle mine property in the Abitibi region of Quebec. Maple said the deal provides a clear path to consolidate the past-producing, high-grade Eagle-Telbel underground mine…