Discover by Category
Mines.
A great deal of exploration, assessment and consideration of logistical details must occur before a mine can begin operation—and once it does, there are many things that can impact its success. In Canadian Mining & Energy, we look at t...
1,000 stories
Cartier cuts 8.5 g/t gold over 3.5 m, 205 m below Chimo Mine
Cartier Resources intersected 8.5 g/t gold over 3.5 metres at 1,050 metres depth, 205 metres below the deepest stope at the former Chimo Mine in Quebec. This high-grade intersection is part of an 8,000-metre deep drilling program targeting depth extensions of gold-bearing zones that produced two-thirds of the mine's historical 379,012 ounces.
Westhaven starts drilling at Shovelnose gold property
Westhaven Ventures has commenced a 2,000-metre diamond drilling program at its Shovelnose gold property in British Columbia's Spences Bridge Gold Belt. The drilling targets the newly discovered South Zone gold-bearing vein system, which has been extended to 1,500 metres strike length and previously returned encouraging results including 85 metres of 0.52 g/t gold.
Kivalliq receives royalty payment from Sandstorm; exercises interest option in Baffin Gold
Kivalliq Energy received a $600,000 payment from Sandstorm Gold in exchange for up to a 1.75% NSR royalty on its Baffin Gold Property in Nunavut. The company also exercised its option to earn 100% interest in a portion of the property by issuing 250,000 shares to Commander Resources, giving Kivalliq control of 140 km of strike length along a prospective gold belt.
Glacier Lake completes Phase 1 Drill Program at Silver Vista
Glacier Lake Resources completed its first drilling program at Silver Vista property in BC since the early 1990s, drilling 7 holes for 1,273 metres targeting copper-silver mineralization. Portable XRF readings indicated elevated silver, copper and zinc levels in multiple horizons, with assay results pending from ALS laboratory.
Golden Dawn provides company update
Golden Dawn Minerals announced a detailed production timeline to bring the Lexington Mine and Greenwood Processing Plant into operation in 2018, targeting 200 tonnes per day by September. The company has successfully dewatered the mine and is progressing through geological assessments, equipment repairs, and permit compliance preparations.
Copper Lake Resources retains CHF Capital Markets
Copper Lake Resources has engaged CHF Capital Markets for investor relations services at $3,100 per month for 12 months, plus 250,000 options at $0.08. The company is positioning itself to capitalize on rising base metal prices as it commences drilling at its Marshall Lake VMS property in Ontario.
Update on the Kennady North winter drilling program
Kennady Diamonds reported strong progress on its winter drilling program at the Kennady North diamond project in Northwest Territories, with 1,868 meters completed and all eleven holes intersecting kimberlite. The company achieved a significant 50-meter kimberlite intercept on the Faraday 2 northwest extension and confirmed increased size potential for the Faraday 1-3 complex, which will be accretive to overall tonnage estimates.
Hecla to acquire three high-grade Nevada gold mines with the acquisition of Klondex Mines Ltd.
Hecla Mining Company announced it will acquire Klondex Mines Ltd. for US$462 million, gaining three high-grade Nevada gold mines (Fire Creek, Midas, and Hollister) that will add approximately 162,000 ounces of annual gold equivalent production. The transaction represents a 59% premium to Klondex shareholders and is expected to be accretive across multiple financial metrics.
Mountain Province Diamonds signs non-binding MoU with De Beers regarding Kennady Diamond Resources
Mountain Province Diamonds has signed a non-binding memorandum of understanding with De Beers regarding the Kennady Diamond Resources project. The agreement appears to be in preliminary stages as indicated by its non-binding nature.
Goldstar expands the Victoria Lake Tin Property in New Brunswick, Canada
Goldstar Minerals has expanded its Victoria Lake Tin Property in New Brunswick by staking 28 additional claim units, bringing the total property size to 88.7 km2. The property now extends nearly 20 kilometres and borders the former Mount Pleasant mine, which has a published resource of 12.4 million tonnes. The company plans airborne geophysical surveys in summer 2018 followed by prospecting to advance the project to drill-ready status.
SGS Canada Partners with Ecomin S.r.l bringing advanced metallurgical testing capabilities
SGS Canada partnered with Italian company Ecomin to install advanced TriFlo® separator technology at its Lakefield, Ontario facility, making SGS the sole provider of two-stage dense medium separation testing in Canada. This enhances metallurgical testing capabilities for mining and recycling feasibility studies with improved extraction accuracy on large volume samples.
PDAC 2018 Convention exceeds 25,000 attendees
The PDAC 2018 Convention in Toronto exceeded 25,000 attendees, reaching 25,606 participants from over 125 countries, signaling a recovery and renewed confidence in the mineral exploration and mining industry. The event featured sold-out exhibitor space and hosted the International Mines Ministers Summit with 26 mining ministers.
MGX Minerals engages Hatch Ltd. for Magnesium Metal Study at Driftwood Creek, British Columbia
MGX Minerals has engaged engineering firm Hatch Ltd. to complete a scoping study for upgrading magnesium oxide to magnesium metal at its Driftwood Creek project in British Columbia. The study will evaluate a 10,000 tonne per year magnesium metal plant, which could significantly enhance project economics given magnesium metal trades at $2,250 per tonne versus $600 per tonne for magnesium oxide.
BC mining and exploration sees resurgence after years of stagnation
British Columbia's mineral and coal exploration industry grew for the first time since 2012, with expenditures reaching $246 million in 2017, a 20% increase from the previous year. Gold exploration led the growth, accounting for $37 million of the $41 million increase, driven by activity in the Golden Triangle and Cariboo gold belt regions.
Copper Lake commences drilling conductors at Marshall Lake Cu-Zn-Ag-Au Property
Copper Lake Resources has commenced a minimum 2,000-metre drilling program at its Marshall Lake Cu-Zn-Ag-Au property in Ontario, targeting three VTEM conductors related to shallow massive sulphide occurrences. The program aims to test depth extensions of previously identified mineralization at a property that has been consolidated after decades of fragmented ownership.
BC Mining Month—“Mining Our Future”
The Mining Association of British Columbia has expanded its annual Mining Week to become Mining Month for the entire month of May, themed 'Mining Our Future' to highlight the industry's role in clean technology transition. The initiative includes community events across the province to educate about mining's contribution to electric vehicles and renewable energy infrastructure.
Puma Exploration and Trevali Mining Corporation enter into Strategic Alliance
Puma Exploration and Trevali Mining have entered a strategic alliance for the Murray Brook Deposit in New Brunswick, with Trevali providing up to $7.5 million in funding for a 75% ownership stake. The deposit contains 5.28 million tons grading 5.24% zinc, 1.80% lead, and 68.9 g/t silver, located just 10 kilometers from Trevali's producing Caribou Mine.
Metallis launches 2018 exploration program for Thunder North & Thunder South
Metallis Resources has launched a 404-line/kilometer VTEM survey over its Thunder North and Thunder South nickel targets on the Kirkham Property in BC's Golden Triangle. The 2018 program builds on 2017 work that identified differentiated gabbros favorable for magmatic sulfide mineralization adjacent to Garibaldi's E&L Nickel Mountain Project.
Serengeti stakes multiple targets in British Columbia following Geoscience BC Search III Data
Serengeti Resources staked 7,670 hectares across eight new mineral properties in north-central British Columbia based on high-resolution magnetic and radiometric data from the Geoscience BC Search III program. The properties target copper-gold porphyry and nickel-cobalt ultramafic systems, with notable geochemical anomalies including 1,177 ppm Ni and 87 ppm Co at the TrUM property.
Glacier Lake commences drilling at Silver Vista
Glacier Lake Resources has commenced a 1500-2500 metre diamond drilling program at its Silver Vista copper-silver project in northern British Columbia. The program focuses on the main MR showing where historic drilling returned significant intercepts including 36.58 metres at 0.49% Cu and 26.8 gpt Ag. The company is fully permitted for up to 10,000 metres of drilling across 40 sites.
Disappointed but optimistic: CLEER mining proposal not chosen in Innovation Superclusters Initiative
The CLEER mining innovation supercluster proposal was not selected for federal funding despite being one of nine finalists. The consortium of 162 members across Canada had projected creating 140,000 jobs and contributing $26 billion to GDP over five years through clean mining technologies.
VanadiumCorp Resources and Electrochem Technologies file International PCT patent application
VanadiumCorp Resources and Electrochem Technologies filed an international PCT patent application on February 21, 2018, to protect their joint vanadium recovery technology worldwide. The carbon-free process efficiently recovers vanadium compounds, iron sulfate, titania and silica by-products from vanadiferous feedstocks, addressing environmental and cost issues with conventional processing methods.
Pretium Resources Inc.: Brucejack Mine ramp-up advances
Pretium Resources reported continued progress on ramping up production at its high-grade Brucejack gold mine in northern BC, with underground development rates increased to 700 meters per month and steady state production expected by mid-to-late 2018. The company has also initiated an underground exploration program to test for porphyry sources and potential extensions of the Valley of the Kings deposit.
Radisson appoints Catherine Jalbert as Exploration Manager
Radisson Mining Resources appointed Catherine Jalbert as Exploration Manager, bringing 10 years of experience in 3D modelling and NI 43-101 reporting to advance the O'Brien gold project. The company granted her 100,000 stock options priced at $0.19 as part of the appointment.