Quebec Mining News

Quebec lithium developer's stock craters after cost blowout

The company has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by C$375 million.

Genesis receives encouraging resource estimates for Quebec gold project

Indicated resource is 423,000 ounces of gold averaging 1.22 g/t Au.

Troilus launches 40,000-metre drill campaign

Two phases are planned to de-risk and expand on the current resource report last November.

Bulk sample yields 13,300 ounces gold from Wallbridge’s Fenelon

Wallbridge has plans to start its 2019 drilling program in mid-February.

Balmoral extends known depth of Grasset deposit in Quebec

The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.

Genesis posts new estimate for Chevrier resources

The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold.

Barrick, Reunion Gold to jointly go after key assets in South America

Strategic alliance expands Barrick’s exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries.

Yorbeau resumes drilling at Scott project

The current program is planned in two phases totaling about 5,000 metres.

QMX drills 39.5 g/t and 31.5 g/t at Bonnefond

Core from work at the tonalitic plug returned 31.55 g/t gold over 1.6 metre.

Eldorado Gold counting down to open its first mine in Canada

The company is on track to kick off commercial production at its Lamaque project in Val d’Or, Quebec, during the first quarter of the year.

Wallbridge discovers VG zone at depth at Fenelon

The results are high grade.

TomaGold consolidates Monster Lake, acquires Irene Lake property

TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.

Osisko hits 2,223 g/t over 2.0 metres at Windfall

The company began an 800,000-metre drill program in 2015, and is currently focused on infill drilling at the main Windfall and Lynx deposits.

Supreme Metals pinpoints large near-surface magnetic anomaly in Labrador

The company will continue to explore the anomaly as well as look for gabborites containing cobalt.

Osisko Mining reports 39% higher grade than resource model at Windfall Lake

The deposit is one of the highest grade resource-stage gold projects in Canada.

Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana

The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.

Power Ore buys former Falconbridge Opemiska complex

The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.

Troilus Gold builds strategic land position in Quebec

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.

Mason updates economics in Lac Gueret FS

At 17.9% graphitic carbon, the Lac Gueret deposit is likely one of the highest grade graphite deposits in the world.

Osisko Mining improves Lynx grade and ounces at Windfall project

Windfall, which lies within the traditional territory of the Waswanipi Cree First Nation, is about 700 km northwest of Montreal.

Osisko cuts 84 g/t over 5.3 metres at Windfall Lake

They don’t call it “Windfall” Lake for nothing.

Gladiator deposit grows for Bonterra Resources

Bonterra says two rigs are currently in operation at Gladiator.

Supreme Court to hear appeal in Innu-Rio Tinto dispute

The Innu First Nations filed their lawsuit in 2013, seeking compensation of $900 million.

CanmetMINING, COREM sign co-operation agreement

The two hope to leverage their joint expertise and capability on projects of importance to the mining sector.

Troilus Gold discovers mineralization below current resource

The Z87 pit ultimately ran 350 metres deep and had a strike length of about 900 metres.