78% higher than in the same quarter of the previous year.
After completing the transaction, Caledonia will own 64% of Blanket.
Northern Vertex Mining Corp. has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.
The extended plan increases the mine life by two years, raising production to 372,000 oz. gold per year and all-in sustaining costs to US$703 oz. gold per year.
The company shares the same core management team as Regulus Resources and is focused on projects in Argentina.
Next steps include ranking its list of targets for near-term scout drilling.
Red Mountain stands between the Cambria Icefield and its largest outlet, the Bromley Glacier. From the nearby town of Stewart, it is a 10-minute helicopter ride.
The Z87 pit ultimately ran 350 metres deep and had a strike length of about 900 metres.
Excelsior estimates it would initially produce 25 million lb. copper per year at Gunnison.
The Valentine Lake project is made up of four open-pittable deposits: Marathon, Leprechaun, Victory and Sprite, but Marathon and Leprechaun contain the vast majority of the gold.
Late last month the Tax Court of Canada ruled in favour of Cameco Corp in their decade long dispute
Less than a year after B2Gold declared commercial production at its 80%-owned Fekola mine, the gold producer has updated the mine’s resource estimate.
Merian has an estimated mine life of 15 years and is exploring on other parts of the property.
Treasure Island is the northern-most project that is considered the most “fertile gold camp.”
The expansion is seen as a step in the right direction for BTO to hit its long-term 1 million oz. per year target.
Ascendant is in the middle of a 30,000 metre infill drill program at El Mochito as it tries to increase mine life and reserves.