The company recently completed a surface drilling program on its Eskay Creek property in BC's Golden Triangle.
The results are high grade.
The Minister of Intergovernmental and Northern Affairs approved the licences, as recommended by the Nunavut Water Board.
Last February the company acquired Pine Point Mining and initiated the largest active drill program in the Northwest Territories.
Alamos said the high grade mineralization is known to extend 1,000 metres east of the current mine working.
The best hole assayed 8.70 g/t gold over 3.4 metres, including 169.50 g/t over 0.5 metre.
Channel sampling at the Behold zone late last year returned assays as high as 8.6 g/t gold over 0.30 metre and 5.42 g/t over 0.67 metre.
Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties – all in the Athabasca Basin – will be diamond drilled.
Canada-based Strikepoint Gold has completed 4,304 metres of diamond drilling from surface last year at the historic Porter and Silverado mines.
The mill treated 40,000 t/d with an average head grade of 0.31% copper.
The company began an 800,000-metre drill program in 2015, and is currently focused on infill drilling at the main Windfall and Lynx deposits.
The share buyback program was announced last month at the same time Osisko said it had received proceeds of $159.4 million from Pretium Resources
Fordia Group is based in Montreal, Canada, and has sales in more than 70 countries.
The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.
Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp.
The property hosts the Goldcrest and Grizzly Bear deposits.
The new material is an advanced carbon powder, it can be manipulated during manufacture to maximize the absorption of carbon dioxide.
The expansion will double the capacity of the mine and mill to 12,000 t/d from 6,000 t/d.
The inferred resource is 588,000 tonnes grading 1.57% uranium oxide for 20.35 million lb. of U3O8.
All indications point toward a large copper-gold porphyry system.
Skyharbour secured an option to acquire the Moore property from Denison Mines in June 2016.
The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.
The permits were issued by the B.C. Ministry of Energy, Mines and Petroleum Resources and the B.C. Ministry of Environment and Climate Change Strategy.
The property is adjacent to Goldcorp’s Eleonore gold project in the James Bay region.
The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure.