Vancouver junior's summer drilling at Kinsley Mountain Nevada hits new oxide gold mineralization zone near last year's high grade Western Flank discovery.
A local resistance movement has been trying to stop development of El Tambor gold mine.
Shares in Denver-based developer up 18% in a week with first gold pour from $161m Pan project now expected in fourth quarter.
Thursday's report highlighted the 12-hole, 4,230-metre 2014 winter diamond drilling program at the Western Flank.
This will authorize additional area for surface exploration, reducing operational and regulatory uncertainty for the project and extending the proposed project life.
The company hopes to capitalize on the forecast increased global demand for zinc.
Vancouver's Corvus Gold lost nearly 6% on Thursday after releasing latest results from drilling at its North Bullfrog project in Nevada.
Vancouver junior is expanding summer drilling after step outs at recent Kinsley Mountain discovery returns 10.6 g/t over 30.0m, including 16.1 g/t over 16.5m.
Total consideration paid at closing to Goldcorp and Barrick was $275 million.
6.85 g/t gold over 41.7 metres
Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.
TSX-listed Americas Bullion Royalty Corp nets $23 million after settling debt deal.
Barrick and Goldcorp said to be ready to wave their Marigold mine good-bye.
Residents of a Northern Nevada town are $20 million richer after reaching a settlement with a company accused of covering up a leaking World War II-era copper mine, the Associated Press reports. Seven hundred neighbours of the old Anaconda mine, …
Cutting average costs by $100 an ounce in 2013 and no new mines planned.
See which gold producers are making the grade.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
Miners in the state are bucking the trend of declining new deposits.
Researcher shares the names of companies that he feels have the right stuff.
Denver-based Midway Gold Corp. is up sharply after a strategic investor pays 37% premium for shares.
Despite opposition by residents, a Storey County panel has recommended plans by a mining company to haul truckloads of ore on a winding state highway frequented by tourists.
While the price and number of units to be offered has not yet been determined, the proceeds will be used to pay for administrative fees and increase working capital.
Located in Northwestern Nevada, along the southern edge of the Humboldt Range, lies the Relief Canyon Mine. Situated 110 miles northeast of Reno and 16 miles east / northeast of Pershing County’s Lovelock, the gold mine lies dormant.
Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:CWM) announces that it has signed an agreement with a subsidiary of Hecla Mining Company for the sale by Crown of certain unpatented mining claims and the transfer and/or assignment of certain mining leases and other assets comprising Crown's Monte Cristo property in Esmeralda County, Nevada, U.S.A. (collectively, the "Purchased Assets") for US$4,500,000 in cash, plus a potential additional purchase price payment of US$1,000,000 conditions are met.
Victoria Gold Corp. (TSX VENTURE:VIT) "Victoria" or the "Company") ("Victoria" or the "Company") is pleased to announce that it has entered into a Purchase and Sale Agreement (the "PSA") with a wholly-owned subsidiary of Barrick Gold Corporation ("Barrick"), to sell its interest in the Mill Canyon Property (the "Property"), located in Eureka and Lander Counties, Nevada.
MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has entered into a Mineral Lease with New Nevada Resources, LLC ("NNR") for 560 acres of mineral rights ("Section 33) immediately adjacent of its Majuba Hill copper/silver/gold project in Nevada where soil sampling in 2011 identified a high grade soil anomaly covering a 1.5 km by 2 km area that returned values as high as 1.53% Cu and 209 g/t Ag in soils.
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