The mine, near Rankin Inlet in Nunavut, is expected to produce about 230,000 ounces of gold this year at total cash costs of $612 per oz.

Nighthawk has increased its drill program to 35,000 metres for the year, up from the previously forecast 25,000 metres, which makes it the largest drill program in the explorer’s history.

The latest results are more favorable than the 59% gold recovery used in a preliminary economic assessment completed in October 2018.

The company recorded net income of $3.3m on $36m in revenue during the past quarter, compared with a net loss of $3.5m on $37m in revenue during the year-ago quarter.

Here’s a look at eight active juniors with substantial copper assets in their property portfolios.

Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.

The company has increased the mineral reserves at its Youga gold mine by 23% – extending the mine life by an additional four years to 2031.

Two stories published by The Northern Miner in 2018 have been nominated for the 2019 National Magazine Awards: B2B.

One of the largest gold mining companies in the world has taken a shine to Chakana Copper and its Soledad project in Peru.