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Alamos Gold Inc. today reported fourth quarter and annual 2017 production. The Company also provided 2018 production and operating guidance. "With record fourth quarter gold production, Alamos achieved a new annual record, producing 429,400 ounces of gold, while delivering a significant reduction in operating costs and capital spending. This [...]
Osisko Mining announces that it has filed an early warning report in respect of its holdings in Beaufield Resources. The Corporation, through its wholly-owned subsidiary O3 Investments, acquired beneficial ownership of, or control and direction over, 16,923,500 common shares of Beaufield by way of a share purchase agreement transaction [...]
Peat Resources Ltd. , is pleased to announce it has closed its previously announced brokered private placement led by IBK Capital Corp. through the issuance of 15,000,000 common shares at a price of $0.05 per Common Share for gross proceeds of $750,000 . In connection with the completion of the Offering, a cash commission equal to 9% of the amount [...]
Globex Mining Enterprises Inc. is pleased to provide shareholders with an update on exploration by Falco Resources Ltd. on Globex's Donalda Royalty Property. Shareholders are reminded that Globex sold the former Donalda Gold Mine property to Falco in September 2017 for $300,000, 350,000 Falco shares, 350,000 five year Falco warrants and a 2.5 [...]
Hycroft Mining is pleased to provide an update on corporate and development activities related to its wholly owned Hycroft Mine located near Winnemucca, Nevada. • The successful operation of the Mill Demonstration Plant for transition and sulfide material has substantiated the milling process and resulted in improved mine economics &bull [...]
Falco Resources Ltd. is pleased to provide the following update on its development of the Horne 5 Project , exploration and corporate activities. HORNE 5 PROJECT DEVELOPMENT: Community Relations and Permitting The Company has continued its community outreach program and held on November 16, 2017 its initial project presentation and session in [...]
Melior Resources Inc. is pleased to announce that Mr. Martyn Buttenshaw, Chairman, and Mr. Mark McCauley, Chief Executive Officer, have today exercised options to purchase in total 2,083,334 common shares in the capital of the Company at an exercise price of $0.06 per Common Share at a total cost of $125,000 . An application will also be made for [...]
Explor Resources Inc. announces that its Board of Directors has approved the extension of the expiry date of the 4,920,000 purchase warrants issued on February 8 and February 19, 2016, for twelve additional months. The warrants will now expire on February 8, 2019 and February 19, 2019 and their exercise price of $0.15 remains the same. This [...]
Brio Gold is pleased to announce positive results from its recently completed drill program at its Riacho dos Machados mine, which includes 9.4 metres of 12.04 grams per tonne gold and 5.2 m of 12.02 g/t gold, both within wider high-grade zones of 24.0 m of 5.41 g/t and 18.0 m of 4.96 g/t, respectively. The program also extended the open pit [...]
Note to editors: There are three photos associated with this press release. Lundin Gold Inc. is pleased to announce that soft tunneling was completed in December 2017 and mine development is now into hard rock at its Fruta del Norte gold project in Ecuador. Further Highlights Award of all major process plant equipment packages Mobile equipment [...]
Erdene Resource Development is pleased to report the highest-grade gold intersection encountered to date at its 100%-owned Bayan Khundii Gold Project in southwest Mongolia. "We are excited by this intersection, not only because of the ultra high-grade nature but by the continuity that continues to be demonstrated within multiple, high-grade gold [...]
amenable projects and to be ready for co-production opportunities with vanadium: Engaged BRS Inc., an engineering firm, to prepare a series of NI 43-101 technical reports for Anfield's 24 Wyoming-based projects; Announced the receipt of an NI 43-101 Mineral Resources Technical Report for the Red Rim Uranium project, based in Wyoming; Announced the [...]