The company intends to update a portion of its inferred resource to the indicated category before the end of the year.
Canada Mining News
Cross-border concerns about mineral exploration and logging in British Columbia's Skagit River watershed may put a long-simmering campaign to close a hole in the middle of two provincial parks back on the front burner.
The company said the granting of the patent comes at a time of surging demand for lithium-ion batteries as part of the trend towards ‘the electrification of everything.'
The company said Felix Tshisekedi had confirmed his intention of working with miners to keep growing the Central African nation’s gold sector.
In the he latest issue of propaganda newsletter Al-Naba, ISIS took responsibility for the abduction and murder of Halifax, Nova Scotia-based Kirk Woodman.
The Diamond Producers Association, which represents mining companies like De Beers, Rio Tinto and Alrosa, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories.
Inferred resources total 610,000 tonnes averaging 16.7 g/t gold for 328,000 contained oz. of gold.
Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold.
The new facility should be fully functional in the second half of 2019. It also has the financial backing of the governments of Quebec and Canada.
Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.
One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.
The plant is expected to produce up to 15,000 tonnes of lithium concentrate (spodumene) per year from samples taken at the PAK deposit, located in Canada's northwestern Ontario.
The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to 100Mtpy beginning in 2023.
There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?
Alamos will sell a portfolio of 18 royalties to Metalla Royalty and Streaming for $8 million in Metalla shares. Following the transaction, Alamos will own 6.26% of Metalla.
The company said that 14 of the 20 assays exceeded the cobalt equivalent grade of 0.023% or more.
Since 2014, Ontario Power Generation stopped using coal to generate electricity in Canada's most populous province.
The property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines.
The Canadian company expects to start trading in London before the end of June, ahead of its transition to a producer from a developer.
Test at the company's 100%-owned La India gold project in Nicaragua confirmed 95.4% gold recovery from two samples in laboratory conditions.
The Lamaque underground gold mine in Val d’Or, Quebec, is expected to produce up to 135,000 ounces of the precious metal a year in 2020 and 2021.
According to Geoscience BC, every time its team runs projects like this one, new investment comes into the region at hand.
The company, which is based in Toronto, sees “tremendous growth potential lying ahead.”
Since drilling began in in 2018, Monarch has expanded the deposit and confirmed its high-grade potential.
The project contains more than 30 million probable oz. silver.