Ascendant Resources Drills 108 Metres Grading 10.25 Percent Zinc Equivalent

Ascendant Resources (TSX:ASND) has announced results from the first drill hole, LS_MS_07, from its recently initiated 22 hole drill program at the high-grade Lagoa Salgada polymetallic volcanogenic massive sulfide project, located in the Iberian pyrite belt in Portugal; home to some of the world’s largest VMS mines. As highlighted in the press release: LS_MS_07 represents […]

5 Top Weekly TSXV Stocks: Pan Global Resources Takes the Lead

The S&P/TSX Venture Composite Index (INDEXTSI:JX) was down on Friday (September 21), falling 0.63 points to 719.62, or 0.09 percent. Again, world news was dominated by trade war anxiety as US President Donald Trump pursues his strategies against China. The US dollar saw a slump last week, boosting gold prices. Here, the Investing News Network […]

Nexa Resources S.A. Announces US$30 Million Share Buyback Program

Nexa Resources S.A. (“Nexa Resources” or the “Company”) announces today that its Board of Directors (the “Board”) has approved a share buyback program, under which the Company, directly or indirectly through its subsidiaries, may repurchase, from time to time, up to US$ 30 million (equivalent to ~CAD$ 38.8 million as of September 19, 2018) of […]

SQM, Kidman Resources’ Mount Holland Lithium Plans Face Legal Hurdle

Plans to develop the Mount Holland hard-rock lithium project by Australia-based Kidman Resources (ASX:KDR) and its partner, top lithium producer SQM (NYSE:SQM), may be delayed after a recommendation by a unit of the Western Australian government that regulates mining leases. Companies holding mining tenements in Western Australia have a responsibility to spend a certain amount […]

Aben Resources Closes $950,000 Flow-Through Private Placement

Aben Resources Ltd. (TSXV:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) has arranged and closed a non-brokered private placement of 2,375,000 flow-through common shares at a price of $ 0.40 each for gross proceeds of $ 950,000. The financing was placed with institutional investors. The Company intends to utilize the proceeds from the private placement on the expansion of […]

Mineral Resources Buys 10-percent Stake in Cobalt Developer Barra

Australia-based Mineral Resources (ASX:MIN) has purchased a 10-percent stake of cobalt explorer Barra Resources (ASX:BAR), the company announced on Monday (September 10). Mineral Resources, which is focused on iron ore and lithium projects in Western Australia, bought AU$ 2 million shares at a five-day volume-weighted average price of 3.5 cents per share. “As Barra’s new […]

Evolving Gold Signs Letter of Intent to Acquire Bocana Resources Ltd.

Evolving Gold (CNSX:EVG) (OTCB:EVOGF) (the “Company” or “EVG”) announces that it has executed a non-binding Letter of Intent (“LOI”) to acquire Bocana Resources Ltd. (“Bocana”), a private company with mineral property interests in South America. The acquisition of Bocana will constitute a “fundamental change” for EVG under CSE policies; and consequently: EVG has halted trading […]

MOD Resources: A4 Dome Discovery Keeps on Delivering

MOD Resources (ASX: MOD) has announced further exciting results from its 70 percent-owned A4 Dome project, and a major step up in activity along this large target in the T3 Dome Complex in Botswana. As highlighted in the press release: Nine holes at A4 Dome to date have intersected significant copper mineralization Latest assay results and […]

Tahoe Resources Reports Attempted Theft at La Arena Mine

Canadian precious metals miner Tahoe Resources (TSX:THO, NYSE:TAHO) reported an attempt to steal gold from the company’s La Arena mine in Peru on Wednesday (August 29). Tahoe’s employees came across five holes which had been dug on top of a pipeline carrying a solution of gold and cyanide in an attempt to steal gold from the mine. […]

Vangold Mining Corp. Signs Binding LOI to Acquire Intermont Resources LLCs Vast Nevada, USA Property Assets

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) is pleased to announce the signing of a binding Letter of Intent (“LOI”) with Intermont Resource LLC (“Intermont”), pursuant to which Vangold is to acquire 100% interest in Intermont Resources LLC’s assets, which encompass 18 mineral properties in northern Nevada (the “Transaction”).   These properties comprise 5,548 mining claims both recorded […]

Largo Resources Q2 Revenues Top C$103 Million

Largo Resources (TSX: LGO,OTCQX:LGORF) is very pleased to report record net income of C$ 90.7 million (C$ 0.17 per share) and cash flows provided before non-cash working capital items of C$ 77.7 million on revenues of C$ 103.3 million in the three-month period ended June 30, 2018. Toronto-based Largo Resources, is a strategic mineral company focused […]

Pasinex Resources Intersects Black-Shale Hosted Zinc Sulphides Beneath High-Grade Zinc Oxides at its High-Grade Zinc Project in Nevada; Drilling to Start at the Akkaya Zinc Property in Turkey; Announcement of Related Party Loans

Pasinex Resources Limited (CSE:PSE) (FSE:PNX) (“Pasinex” or the “Company”) is pleased to provide an update on its 2018 exploration program at the Gunman Zinc Project in White Pine County, Nevada (including a change in the name of the project to “Spur Zinc Project”) and  on its Akkaya zinc property in Turkey. In addition, the Company […]

Franco-Nevada Pens Strategic Deal with Continental Resources

Franco-Nevada Corporation (TSX:FNV) and Continental Resources (NYSE:CLR) have agreed to enter into a strategic relationship to jointly acquire mineral rights in the SCOOP and STACK oil and gas plays of Oklahoma. According to the announcement, Franco-Nevada is contributing approximately US$ 220 million for the acquisition of existing mineral rights owned by a Continental subsidiary and […]

Time to Position for a Decade-Long Bull Market in Natural Resources

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article62825.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Regis Resources Approves Rosemont Gold Mine Expansion

The board at Regis Resources (ASX:RRL) has approved an expansion at the company’s Rosemont gold mine in Western Australia. The expansion will consist of an underground mining operation directly beneath Rosemont’s current open pit. The combination of the expansion with the open pit is expected to produce 10.3 million tonnes of ore at 1.72 grams […]

Paladin Energy Enters Takeover Bid for Summit Resources

Australia-based Paladin Energy (ASX:PDN) has made a takeover offer for Summit Resources (ASX:SMM). Paladin already owns 82.08 percent of the uranium explorer, if the takeover is successful the company will gain 100-percent control of Summit. By acquiring the smaller uranium-focused company, Paladin will bolster its uranium assets in Australia. For its part in the deal, […]

Red River Resources Reports Record Production at West 45

Red River Resources (ASX:RVR) has released their quarterly production report for the June quarter. The company has detailed quarterly highlights including record production at West 45 at 85,000 tonnes grading 0.3 percent copper, 1.9 percent lead and 4.3 perent zinc mined during the period, an increase of 29 percent from the previous quarter. Additionally the […]

Aiming High: Ardea Resources Releases Flattering Goongarrie Study

Ardea Resources (ASX:ARL) has released the results of an expansion study on its flagship Goongarrie nickel-cobalt project that significantly improves the value of the development-stage project in Western Australia. Billed by Ardea as “the largest cobalt resource in the developed world,” Goongarrie is being positioned by the company to be a supplier of high-grade cobalt […]

MOD Resources to Consolidate 100 Percent of T3 Project

MOD Resources Limited (ASX:MOD) has announced that it has executed binding agreements with Metal Tiger (LSE:MTR) to acquire MTR’s 30 percent stake in the T3 Project so that at completion MOD will own 100 percent of the T3 project in Botwana. MOD has also executed binding agreements on the rights to purchase, at MOD’s election, […]

Medallion Resources Announces $100,000 Private Placement

Medallion Resources Ltd. (TSXV:MDL; OTCPK:MLLOF; Frankfurt:MRDN) – (“Medallion” or the “Company”), pusuing smart production of magnet metals, today announces that it has arranged, with a single high net worth investor, a non-brokered private placement (the “Private Placement”) of 1,000,000 units (each a “Unit”) at a purchase price of $ 0.10 per Unit for gross proceeds […]

Laramide Resources to Buy Rio Tinto’s Murphy Uranium Tenements

Laramide Resources (TSX:LAM,ASX:LAM) has entered into a sale-and-purchase agreement with a Rio Tinto (LSE:RIO,ASX:RIO,NYSE:RIO) subsidiary to procure the Murphy uranium tenements in Australia’s Northern Territory. The newly penned agreement replaces a previous farm in and joint venture between the two companies. The former deal gave Laramide a 51-percent earn in; under the new arrangement, Laramide […]

Metallis Resources Commences Trading on the OTCQB Venture Market

Metallis Resources Inc (TSXV:MTS) (OTCQB:MTLFF) (“Metallis” or the “Company”) is pleased to announce that the Company has commenced trading on the OTCQB Venture Market under the symbol MTLFF, effective at the market open on July 13, 2018. OTC Markets Group Inc. operates the OTCQX Best Market, the OTCQB Venture Market and the Pink Open Market […]

Far Resources Announces Maiden Resource for Dyke 1 at Zoro Lithium Property, Snow Lake, Manitoba

Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far Resources” or the “Company”) is pleased to announce it has received the first ever resource estimate for Dyke 1 on its Zoro Lithium Property located in mining friendly Manitoba. Dyke 1 contains an inferred resource of 1,074,567 tonnes grading 0.91% Li2O, 182 ppm Be, 198 ppm Cs, […]

Tiger Resources Cancels DRC Asset Sell Off

A share purchase agreement between Tiger Resources (ASX:TGS) and Sinomine Fuhai (Hong Kong) Overseas Resource Investment has been terminated by Tiger after “terms acceptable” to the company were not achieved. In January, Tiger announced that it would be selling its mining and exploration assets in the Democratic Republic of Congo (DRC) to Sinomine, including its […]

Kibaran Resources: EcoGraf Battery Graphite Update

Kibaran Resources (ASX: KNL) provides an update on the application of its proprietary eco-friendly purification process to existing global graphite feedstocks, as part of the pilot plant testwork program currently underway in Germany. As quoted in the press release: Highlights: Technical review completed of established graphite producers to prioritise the procurement ofproduct samples. Samples sourced […]

Berkwood Resources on Ubika Research

Ubika Research has initiated a report on Berkwood Resources Ltd. (TSXV:BKR), highlighting the company’s positive high grade graphite drill reults that were released in late 2017. The company has also announced an increase to their Lac Guéret land package to a total of “25,181 Ha through an acquisition, making it the largest mineral rights in the region […]