Cauchari is now Argentina’s second largest development project.
The company has grown the indicated resource for its Martha project by 136% and inferred resources by 97%.
The best intercept from the project was 61.20 grams gold over 2.6 metres.
Quantum Minerals is currently amid phase one of a two phase drill program at Irgon designed to confirm and expand the project’s historical resource that Lithium Corporation of Canada tabled in 1956.
WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein.
The study will incorporate results from 22,000 metres of diamond drilling the company completed in 2017 and 2018.
WKP’s East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver.
Headlines are echoing the shift toward the Yukon’s second gold rush.
No other province or territory has had two new precious metal mines reach commercial production less than 15 months apart.
The company also updated the project’s indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.
Samples from the 2018 exploration program at Fishhook returned 15.30 grams gold per tonne, 9.88 grams gold, 7.94 grams gold and 5.83 grams gold.
Teranga Gold is “pleased with the grades, strong continuity and widespread mineralization.”
Since late 2015, Agnico Eagle has diamond drilled more than 135,000 metres at Barsele across 311 holes.
The company recorded a $52.8 million fourth quarter loss in adjusted EBITDA.
The company intends to incorporate its metallurgical test results into an updated preliminary economic assessment (PEA).
The company’s cash balance increased 47% year-on-year.
Operating cash flow reached $790 million in 2018, and cash and equivalents of $349 million, $1.9 billion in liquidity, and no debt maturities until 2021.
The optionee must spend $4 million on exploration, pay Casa $550,000 and issue Casa 2.5 million shares in yearly stages.
The company intersected high grade silver and gold mineralization along a 1.5 km strike length at Babi Sur.
SilverCrest is “an attractive takeout candidate for a mid-tier gold and/or silver producer.”
Iron Creek contains 26.9 million inferred tonnes grading 0.08% cobalt and 0.3% copper for 46.2 million lb. cobalt and 176.2 million lb. copper.
Madsen is one of the highest grade undeveloped gold deposits in the world.
SEMAFO expects to produce between 390,000 oz. gold and 430,000 oz. gold in 2019.
The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.
Gainey Capital’s Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne.