Quebec Mining News

Wallbridge completes Fenelon bulk sampling

A total of 33,233 tonnes of ore with a reconciled average grade of 18.49 g/t gold containing 19,755 oz. gold were processed at the Camflo Mill.

Azimut Exploration, SOQUEM strike alliance

The alliance comprises nine gold and copper-gold major properties totalling 7,149 claims with a surface area of 3,277 sq. km.

Hecla updates drilling at Casa Berardi mine

High grade extension in the upper East and West mines have been outlined and are potential new underground mining areas.

Stornoway’s Renard team takes all at provincial rescue competition

The company's Renard mine rescue team won all the awards at the 57th Quebec Provincial Mines Rescue Competition.

Bonterra to triple capacity of Urban-Barry mill

Capacity will be tripled to 2,400 t/d from 800 t/d.

Nemaska receives independent audit report from BBA

The results validate the company's own internal cost-to-complete construction assessment as of Feb. 13, 2019.

Granada successfully tests two stage gravity concentration

Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.

Wesdome continues to hit high grades at Kiena Deep A zone

Drilling is continuing at the Kiena mine complex in Val d’Or, with results not yet reflected in a resource estimate.

Probe Metals has potential to attract 'acquisition interest', BMO says

The company's stock was up over 7% by Tuesday afternoon.

Quebec pension fund boosts share position in Osisko Metals

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

Power Ore completes revised Opemiska geological model

The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.

BHP Canada makes strategic investment in Midland Exploration

BHP is acquiring 3.44 million units of Midland at $1.70 per unit for $5.9 million.

Stornoway Diamond halts open pit operations at Quebec mine

The Montreal-based diamond producer said the move would not have an impact on total revenue for 2019.

Nouveau Monde raises C$10m for Matawinie development

The company has arranged a private placement with Pallinghurst Graphite that will raise C$10.3m for continued work on the Matawinie graphite project in Quebec.

Casa Berardi reserves up 28% for Hecla

Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold.

Elysis to create research centre in Saguenay

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.

Alamos Gold sells royalty portfolio to Metalla for $8m

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.

Eldorado begins commercial production at its first Canadian mine

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.

Monarch Gold sells Pandora NSR to Agnico Eagle

Since drilling began in in 2018, Monarch has expanded the deposit and confirmed its high-grade potential.

Stornoway finishes year with revenue down, losses up

Total net loss for 2018 was $329.4m or $0.39 per share, compared to a net loss in 2017 of $114.2m or $0.14 per share.

Galaxy Resources, Cree Nation sign pre-development deal

Galaxy Resources and the Cree Nation of Eastmain have entered into a pre-development agreement for the James Bay lithium mine.

Troilus Gold finds new zone open at Quebec mine

The gold-rich area is about 30 metres from surface and open at depth.

Wallbridge cuts more mineralization at new Area 51 discovery

The first hole of Wallbridge Mining’s 2019 surface drill program has intersected six instances of visible gold.

Eastmain extends new gold zone at Percival in Quebec

A new hole drilled at the company's Percival target in James Bay, Quebec, returned a 74.5-metre intercept grading 0.97 g/t gold.

Chalice files new 43-101 for East Cadillac property

The resources include 225,342 measured and indicated tonnes grading 4.17 g/t gold for 30,212 oz. of contained gold.