TRU Precious Metals Corp. [TRU-TSXV, TRUIF-OTCQB, FSE-706] shares rallied Wednesday in active trading after the company said it has taken an option on a Newfoundland property on which the company has found visible gold. The optioned claims, covering 12.75 square kilometres, are contiguous with the company’s flagship Golden Rose project, and therefore represent a further…
OceanaGold [OCG-TSX, OCGT-ASX] is poised to restart its Didipio gold-copper mine after the Philippine Government renewed the Didipio Mine Financial and Technical Assistance Agreement (FTAA) for an additional 25 years. The shares rallied on the news, rising 6.0% or 13.5 cents to $2.40 on volume of 3.26 million. The shares are currently trading in a…
Great Thunder Gold Corp. (CSE: GTG) (OTC: GTGFF) (FSE: M4KQ) announced it has entered into a purchase and sale agreement with Unity Resources Group for a 100% interest in five different properties within the Central Belt of Newfoundland. The properties consist of 366 claims covering 91.5 km2 or 9,150 hectares. With this acquisition, Great Thunder has substantially…
Platinum Group Metals Ltd. (TSX: PTM) (NYSE: PLG) and subsidiary Lion Battery Technologies Inc. reports that the U.S. Patent and Trademark Office has issued a third patent to Florida International University related to platinum group metals being used in lithium batteries. Specifically, this third patent is related to PGMs in the “Next Generation” Lithium Sulphur…
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF), the Kaska Nation (as represented by Dease River First Nation) and the Tahltan Nation (as represented by the Tahltan Central Government) announced that they have agreed to begin negotiating Economic Participation Agreements. The Agreements relate to the Kutcho Project, located 100 km east of Dease Lake in Northern…
Triple Flag Precious Metals Corp. [TFPM-TSX, TFPM.U-TSX] shares were active Tuesday after the company reported its production numbers for the second quarter of 2021. The company reported second quarter gold equivalent ounce (GEO) sales of 22,500 ounces and revenue of $40.9 million. Triple Flag shares advanced on the news, rising 0.64% or 10 cents to…
Galleon Gold Corp. (TSXV: GGO) (the “Company” or “Galleon Gold”) is pleased to announce the discovery of a new mineralized area with multiple gold zones at its 100% owned West Cache Gold Project, Timmins, Ontario. South Area Discovery – multiple gold zones with significant grades and widths Located in previously undrilled area 50-250 meters south…
Mako Mining Corp. [TSXV-MKO, OTCQX-MAKOF] is pleased to provide an operating update from its San Albino gold mine (“San Albino”) in northern Nicaragua. All components of the 500 tonne per day gravity and carbon-in-leach (“CIL”) processing plant have been fully operational since the beginning of May 2021. Since May 12th, when the processing of high-grade…
Rockland Resources Ltd. [CSE-RKL] has paused exploration at the Cole Gold Mines Property due to forest fire activity west of Red Lake, Ontario. Several forest fires are currently active 10 to 30 km west of the Cole Property. Of these fires, Fire 77 is significant in that has the potential to reach the west shore…
Phenom Resources Corp. [TSXV-PHNM, OTCQX-PHNMF, FSE-1PY0] (formerly First Vanadium Corp) today announced that it has secured by way of an Option Agreement, the right to acquire 100% interest in claims located one mile north of the Company’s Carlin Gold-Vanadium Property on the Carlin Gold Trend of Nevada. This new property is located along the interpreted…
President and Chief Executive Mark Bristow of Barrick Gold Corporation [TSX:ABX), NYSE:GOLD], said today “Significant exploration successes could extend the Tongon gold mine’s life.” Speaking at a local media briefing, Bristow said 10 years after it went into production Tongon could get a new lease on life thanks to promising results from near-mine exploration campaigns…
Minaurum Gold Inc. [MGG-TSXV, MMRGF-OTC, 78M Frankfurt], said Friday it has raised $9.2 million from a bought deal public offering, which includes the full exercise of an over-allotment option. The company previously said it planned to raise $7 million from an offering of 17.5 million units priced at 40 cents per unit. However, on Friday…