Shares of ATAC Resources plunged 25% on news that Barrick Gold is terminating its earn-in joint venture on the junior’s Orion project.
The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.
Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.
The Coscuez mine has produced some of the best emeralds from Colombia’s Muzo region for more than 300 years.
Production growth in 2019 will be driven by its Fosterville mine in Australia.
The company also identified three new targets that it says it can make drill ready through induced polarization and geological surveys in early 2019.
Miocene is in the Atacama and Antofagasta regions of Chile, where Cornerstone is targeting epithermal gold-silver and porphyry gold-copper deposits.
Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.
The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island.
Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019.
The project, located in Salta, Argentina, could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life.
Troilus acquired the new land it is calling Troilus North from Emgold Mining Corp. for 3.75 million of its common shares and $250,000 in cash.
Jihadist militants ramp up attacks against security forces.
This year the company has added 844,000 ounces of gold in the measured and indicated category and 519,000 ounces of gold in the inferred to its total overall resource for Valentine Lake.
Up to 900 jobs will be eliminated.
The company is trying to expand the existing resource at Hermes South and determine if it could become another open pit mine.
Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate as well as the new geological model.
Windfall, which lies within the traditional territory of the Waswanipi Cree First Nation, is about 700 km northwest of Montreal.
The deposit is believed to be the largest undeveloped tin resource outside of a producing camp in Peru.
The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.
The mine is 307 km northwest of the nation’s capital of Accra, and is situated along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana.
The project, near the Nevada border in southwestern Utah, hosts disseminated gold mineralization similar to deposits on the Carlin Trend.
Medgold is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines is funding.
Exploration commenced at Malku Khota in 2003 and work on the project continued through to the expropriation in August 2012.
BTU Metals has expanded its Dixie Halo gold project in Red Lake, Ontario, by acquiring Burgudy Exploration and its 41.6 sq. km of prospective land in the area.