Richfield drills 226 m at 0.92 g/t gold. New Gold waits in the wings
Five drillholes plugged some wide gaps for Richfield Ventures (TSX-V: RVC) at its Blackwater deposit, showing impressive continuity of deep gold mineralization at its flagship project 100-kilometers south of Vanderhoof, B.C. New Gold (TSX: NGD) will likely be pleased, as in early April it announced an all share takeover of Richfield worth C$550 million and plans on bringing Blackwater into production if the takeover succeeds.
Ongoing drilling is part of an aggressive campaign to flesh out and expand Richfield’s growing resources.
More News
Perpetua to make official loan application to US EXIM in second quarter
If the loan is approved, the Stibnite project would be one of Washington's largest investments ever in a mine.
March 20, 2025 | 11:38 am
Boliden plans $370 million share issue to finance acquisition
It intends to use the proceeds for the two mines it bought from Lundin in December 2024.
March 20, 2025 | 11:33 am
PDAC JV video: Aurania Resources founder Keith Barron on his next gold discovery
The company has applied for concessions in a high-grade gold area in Northern France.
March 20, 2025 | 10:05 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments