BlueBird Begins Exploring Ashburton Cobalt Project

BlueBird Battery Metals (TSXV:BATT) has begun initial exploration at its Ashburton project in Western Australia. The project consists of 4 tenements spanning 189 square kilometres, located along the Talga Fault Zone. As quoted from the press release: The first phase of exploration will consist of ground reconnaissance mapping and sampling focused on areas where historical […]

Red Pine Announces Initial Mineral Resource Estimate for its Minto Mine South Project

Red Pine Exploration Inc (TSXV:RPX) (“Red Pine” or the “Company”) announces its first mineral resource estimate for the Minto Mine South Project located near Wawa, Ontario (Figure 1). The Company has completed the estimate to assess the viability of a bulk sample and/or early mining scenario.  The mineral resource estimate was prepared by Golder Associates […]

Generic Gold Announces Results of Exploration Program on Its VIP Gold Project, Yukon

Generic Gold Corp. (CSE:GGC) (“Generic Gold” or the “Company”) announces the results of a reverse circulation (“RC”) drill program on its VIP property in Yukon, Canada. The drill program consisted of 1,090 metres in 11 shallow drillholes testing several multiparameter targets on the property. The majority of the program was focused on an area known as […]

Denison’s Q3 Results Highlight Increased Value of Wheeler Project

Canadian uranium explorer Denison Mines (TSX:DML,NYSEAMERICAN:DNN) has posted its Q3 2018 financial results, which included an operations update for the various projects Denison has underway. During the quarter, the company conducted a prefeasibility study (PFS) on the Wheeler project, an uranium site located in the Saskatchewan Athabasca basin. Dension recently acquired a 90-percent majority stake […]

Detailed Mapping and Sampling Program Returns Values up to 4.1% Li2O and 6.1% Rb2O at the Silverleaf Pegmatite, Lithium One Project, SE Manitoba

– New Age Metals has an Option/Joint-Venture agreement with partner Azincourt Energy Corp (AAZ) on its eight pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba – Exploration in southeast Manitoba is focused on Lithium-bearing pegmatites and other rare metals. – Rubidium Oxide is a highly insoluble thermally stable Rubidium source suitable […]

Resource Big News Roundup: First Cobalt Begins Testing Material for Refinery Restart; Standard Lithium Receives Nasdaq International Designation; Japan Gold Granted Prospecting Rights for its Ikutahara Project, Japan

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) followed its trend from last week and steadily rose. On Friday, the index fell due to a plunge in oil prices. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, steadily rose over the week and dropped on Friday. In case you missed it, here is this week’s resource big news […]

Luminex Resources Announces 4,500 Metre Drill Program For Orquideas Earn-In Project

Luminex Resources (TSXV:LR) has announced that it has finalized the layout of an exploratory 4,500 metre diamond drilling program at its Orquideas earn-in project with First Quantum Minerals (TSX:FM), located in the province of Zamora-Chinchipe in southeast Ecuador. The company said it has applied for drilling and water permits and drilling operations should commence following approvals, […]

PolyMet Copper Project Gets Green Light from Minnesota

PolyMet Mining (TSX:POM,NYSE:PLM) has announced it has received a permit to mine at its NorthMet copper-nickel project in Minnesota, and that it would be getting down to business working on site preparation for part of the project through winter. The permit authorizes the company to build and operate a mine that would produce 1.2 billion pounds […]

Velocity Exercises Option to Acquire 70% Interest at the Rozino Gold Project, Tintyava Property, Bulgaria

Velocity Minerals Ltd. (TSXV:VLC) (“Velocity” or the “Company”) announces that it has delivered notice of option exercise (the “Option Notice”) to Gorubso-Kardzhali AD (“Gorubso”) for the Tintyava Property (the “Property”), which includes the Rozino gold project (“Rozino” or the “Project”).  The Option Notice was delivered together with the Preliminary Economic Assessment (“PEA”) entitled “Preliminary Economic […]

Jade Leader Begins DJ Project Drilling

Jade Leader Corp. (TSXV:JADE) (“Jade Leader” or “the Company”) is pleased to announce that the first ever drilling program on its DJ project in Washington State, for which Jade Leader has an option to earn a 100% interest, is now underway. Drilling started with a portable core rig on October 30th, 2018 to test the […]

Canadian Government Grants Goldcorp C$5 Million for Borden Project

Goldcorp (TSX:G,NYSE:GG) has received a C$ 5-Million grant from the Canadian government in order to support its new all-electric Borden project, the company announced on Monday (October 29). The project is located in Chapleau, Ontario, and will be the first underground mine in Canada to replace diesel mobile equipment with battery electric vehicles. “We believe […]

Drilling Confirms Mineralisation at Depth at the Werner Lake Cobalt Project in Ontario, Canada

Global Energy Metals Corporation (TSXV:GEMC) (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to announce that following the successful completion of a phase 1 exploration program that partner Marquee Resources Limted (“Marquee”) has confirmed encouraging consistency of data from previous drill campaigns at the Werner Lake Cobalt project (“Werner Lake” and/or the “Project”) located in Ontario, […]

Resource Big News Roundup: Thunderstruck’s Rama Creek Copper-Gold Target Doubles to 1.5 km in Size; First Cobalt Drills 25.7 metres of 0.35% Cobalt at Iron Creek; Centenera Options Out its Organullo Gold Project

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) steadily dropped. On Friday, the index slipped following the drops in the global markets and in crude oil prices. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, continued its trend from last week and dropped. In case you missed it, here is this week’s resource big news roundup: Base:  Tartisan […]

Sipa Secures New Belt-Scale MVT Zinc Exploration Project in WA’s Canning Basin

Sipa Resources (SRI:ASX) has announced a significant addition to its exploration portfolio following an internally-generated exploration initiative targeting the Mississippi Valley Type zinc and lead potential of the Canning Basin of north-western Western Australia. As highlighted in the press release: Major new MVT zinc-lead exploration project named “Barbwire Terrace” generated and secured by Sipa in […]

Stratabound Reports Further Exploration Successes at Golden Culvert Project, Intersecting 12.98 gpt over 2 Metres with Visible Gold

Stratabound Minerals Corp (TSXV:SB) (“Stratabound” or “the Company”) is pleased to announce the results from the Company’s summer exploration program at its Golden Culvert project in the southeast Yukon Territory.  Trenching results have been reported in a press release dated August 23, 2018 and results of three of the eight drill holes were reported in […]

Salt Over Iron: BCI Sells Kumina Project to Mineral Resources

Australia’s Mineral Resources (ASX:MIN) has announced a binding agreement to purchase the Kumina iron ore project in the Pilbara from BCI Minerals (ASX:BCI), which has been working to divest its iron ore assets since August to focus on salt and potash. The AU$ 35-million transaction will see Mineral Resources acquire the Kumina part of BCI’s Buckland […]

Verdant Minerals Gets Environmental Approval for Phosphate Project

Verdant Minerals (ASX:VRM) has received approval from the Northern Territory Environment Protection Authority (NTEPA) for the environmental impact assessment for its Ammaroo project. With the assessment report now in hand, the company will move forward at the phosphate asset by focusing on finalizing the native title mining agreement, acquiring grants for mineral leases and later securing […]

Pacton Expands the Gold Nugget Discovery Potential at its South Egina Project in the Pilbara

Pacton Gold Inc. (TSXV:PAC, OTC:PACXF, FSE:2NKN) (the “Company” or “Pacton”) is pleased to announce the first discovery of gold nuggets on the Golden Palms property (E 47/3810), (Figures 1 & 2). The nuggets were discovered by a prospecting crew working in advance of a geological exploration and mapping team. Figure 1. Location map of Pacton tenements […]

Samson Oil and Gas Announces Sale of Foreman Butte Project

Samson Oil and Gas USA, a wholly-owned subsidiary of Samson Oil and Gas Limited (ASX:SSN,OTCQB:SSNYY), has announced it has entered into a purchase and sale agreement with Eagle Energy Partners, for the sale of  all of Samson’s Foreman Butte project, located in the Williston Basin in North Dakota and Montana. The deal will earn Samson […]

Aura Energy Reports on Vanadium Potential at Tiris Project

Aura Energy (ASX:AEE) has identified the potential for vanadium recovery through technical investigations at the Tiris uranium project. Further studies and test work are needed to investigate the economic viability of adding a vanadium ion exchange and purification circuit to the Tiris project. However, the project’s value would benefit if vanadium recovery could be achieved. […]

Deep-South Resources Has Issued 4.2 Million Shares for the Acquisition of 75% of the Kapili Tepe Copper, Nickel, Cobalt and Gold Project in Turkey

Deep-South Resources (TSXV:DSM) (“Deep-South” or “the Company”) announces that it has issued 3.5 million shares to Jeanette Gyldstoff Borg (“Seller”) for the acquisition from Jeanette Gyldstoff Borg of 75% of RCR Quantum (“Quantum”), a Turkish company, which holds the Kapili Tepe project (“Project”) comprising of one (1) mining license and two (2) exploration licenses in the Sivas Province in […]

Orsu Metals Reports Multiple Gold-Mineralized Intercepts in Drill Holes and Trenches at Adit 5, Sergeevskoe Gold Project, Russia

Orsu Metals Corporation (TSXV:OSU) (“Orsu” or the “Company”) is delighted to announce drilling results from 15 drill holes and 3 trenches at Adit 5, as part of the extended 12,500 meters (‘m’) drilling program at its Sergeevskoe Gold Project in Russia. The program is designed to deliver an estimation of a maiden resource in Q4 […]

Candente Copper Updates Status of Drilling Permit for Cañariaco Project

Candente Copper (TSX:DNT) has been advised that a recent change in Government regulations in Peru may allow the company to re-initiate drilling under the permit originally approved in August 2014. The company said that this is the result of a new Government regulation which has now given environmental certificates a validity period of up to 5 […]

Golden Arrow Expands into Chile with Agreement to Acquire the Atlantida Copper-Gold Project

Golden Arrow Resources (TSXV:GRG) has announced that it has signed definitive agreements to acquire the 3,450 hectare Atlantida copper-gold projectin Chile’s Atacama region. The company said that Atlantida is an advanced project which combines mineral rights from two separate owners and includes an extensively drilled copper-gold deposit with an historic resource estimate. By consolidating the land package, […]

Ivanhoe Notches Third Major DRC Copper Project

Ivanhoe Mines (TSX:IVN) has added a new project to its portfolio, formally announcing on Monday (October 1) that drilling at its Western Foreland exploration licenses in the Democratic Republic of the Congo (DRC) had yielded a new copper discovery. Within the 700-square km Western Foreland licenses, the Makoko copper discovery lies to the west of […]

Belmont and MGX Minerals Receive Further Encouraging Assays up to 580 ppm Lithium in Lower Level Samples Between 1270 and 1798 Feet on KB-3 in Kibby Basin, Nevada Lithium Project

Belmont Resources Inc. (“Belmont” or the “Company”) (TSXV:BEA; FSE:L3L1; DTC Eligible – CUSIP 080499403). Kibby Basin Drilling –Further Encouraging Assays: Further to our news release of September 12, 2018 Belmont and MGX Minerals Inc. (CSE:XMG) have received ICP analyses for 25 core samples collected from the core tail of hole KB-3 (1270 – 1798 feet).  Lithium values for 20 […]

Stratabound Announces Continuation of Option Agreements for the Golden Culvert Project, Yukon Territory and Settlement of Certain Liabilities

Stratabound Minerals Corp (TSXV:SB) (“Stratabound” or “the Company”) is pleased to announce that the Company has made the required payments of cash and shares to continue the Golden Culvert and Little Hyland options through September 27, 2019.  Per the terms of the option agreements, Stratabound has paid the Optionors a total of $ 80,000 in […]

Petropavlovsk Sees Net Profit in 2019 Thanks to Key Gold Project

Russia’s Petropavlovsk (LSE:POG) released its H1 results and, despite posting a net loss of US$ 24.8 million thanks to rising costs and lower sales, the company believes that it will report a net profit in 2019 thanks to a specialty gold project. The project, known as the pressure oxidation hub (POX), allows the treatment of […]

Velocity Completes PEA, Earns Large Stake in Bulgaria Project

Velocity Minerals (TSXV:VLC) has completed a positive preliminary economic assessment (PEA) for the Rozino open pit gold project, earning a 70-percent stake in the Bulgaria project, the company announced on Monday (September 17). The PEA was based on an open pit mining operation at Rozino, which recovers gold by a combination of on-site preconcentration in […]

LSC Lithium Announces Pump Test Results from its Pozuelos-Pastos Grandes Project

LSC Lithium (TSXV:LSC) is pleased to announce that it has received encouraging pump test results from a 7-day continuous pump test at its Pozuelos-Pastos Grandes project. As quoted in the press release: LSC’s President and CEO, Ian Stalker, noted, “These results exceeded our expectations of the potential of the Pozuelos depo centre. LSC is currently undertaking a […]