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First Cobalt commences borehole geophysics at Keeley-Frontier
First Cobalt has begun electromagnetic borehole geophysics surveys at ten drillholes at the former Keeley and Frontier mines in Ontario's Cobalt Camp. The company aims to identify vein extensions and previously unknown veins that could become targets for future drilling, including at the Woods Vein Extension where recent drilling returned 0.83% cobalt and 30 g/t silver over 0.48 metres.
Report on drilling at McFaulds No.8 VMS discovery and corporate update
Noront Resources reported successful follow-up drilling at its McFaulds No.8 VMS discovery in Ontario's Ring of Fire, intersecting 10.9 metres of massive sulphide mineralization. The company also announced progress on its ferrochrome processing plant location selection and provided updates on regional development activities including First Nations partnerships and government engagement.
Dunnedin Ventures announces management team for Spinout - Solstice Gold - and provides gold results
Dunnedin Ventures announced the spinout of its gold assets into a new company called Solstice Gold Corporation, which will hold the 806 km² Kahuna Project in Nunavut located 7 km from Agnico-Eagle's Meliadine deposits. The company reported encouraging 2017 exploration results including up to 34.9 g/t gold in boulders and up to 8.8 g/t gold in bedrock, with seven elevated gold-in-till target areas identified.
Mountain Province Diamonds results of ninth diamond sale
Mountain Province Diamonds reported stable to firm pricing in its ninth diamond sale, with average prices 2% higher than the previous sale driven by improved quality distribution and increased demand. The company highlighted strong customer participation with over 150 companies attending and the highest monthly recovered grade achieved to date at the Gahcho Kué mine.
Kennady files NI 43-101 Faraday resource report on SEDAR
Kennady Diamonds filed a NI 43-101 technical report establishing a maiden inferred mineral resource of 5.02 million carats for its Faraday kimberlites in the Northwest Territories. The resource contains 3.27 million tonnes of kimberlite grading 1.54 carats per tonne with an average value of US$98 per carat, adding to the company's existing 13.62 million carat indicated resource at the adjacent Kelvin kimberlite.
Seabridge Drilling confirms promising gold target at Iskut Project
Seabridge Gold completed its first exploration program at the Quartz Rise target within its Iskut Project, drilling 10 holes totaling 4,459 meters. The program identified a gold-bearing epithermal system with high-grade intercepts including 74.1 g/T gold over 1.5 meters, confirming the target's potential for significant discovery.
FPX Nickel stepout drilling at Baptiste Deposit intersects second-highest grade near-surface nickel
FPX Nickel announced results from stepout drilling at its Baptiste deposit in central B.C., with hole 67 returning 96 metres grading 0.167% DTR nickel starting at 42 metres depth - the second-highest grade near-surface interval in project history. The drilling supports potential for significant resource expansion of higher-grade, shallow nickel mineralization beyond what was included in the 2013 preliminary economic assessment.
SOQUEM completes a new drilling program at the B26 Polymetallic Project
SOQUEM completed a 6,588-metre drilling program at its B26 polymetallic deposit in Quebec, reporting high-grade intersections including 10.84% zinc with 526.4 g/t silver over 6.86 metres. The volcanogenic massive sulphide deposit contains zinc, copper, gold and silver mineralization, with results feeding into a maiden resource estimate expected in Q1 2018.
Independence Gold intersects gold mineralization on Boulevard, Yukon
Independence Gold reported gold drill results from its Boulevard Project in Yukon's White Gold District, adjacent to Goldcorp's Coffee deposit. The best intercept was 3.10 g/t gold over 1.5m, with a coarse fraction showing 76.2 g/t gold, indicating potential for higher-grade zones. Results are from four of nine holes drilled in the Sunrise/Sunset Zone, with five holes still pending.
Rockhaven Resources Ltd. announces assay results on additional 18 diamond drill holes
Rockhaven Resources announced assay results from 18 additional diamond drill holes at its Klaza gold-silver project in Yukon, with highlights including 56.18 g/t gold and 290 g/t silver over 1.19m. The results from the Western and Central BRX zones are intended to upgrade inferred resources to indicated resources through infill drilling.
Argentina Lithium expands holdings, plans up to 10,000 metres of drilling at lithium projects
Argentina Lithium & Energy Corp announced plans for up to 10,000 metres of drilling across its Arizaro and Incahuasi lithium projects in Argentina's Lithium Triangle. The company expanded its Arizaro holdings by 7,030 hectares and reported surface sampling results of 409 mg/l lithium at the newly acquired Incahuasi project, which covers an entire salar.
Teck named one of Canada’s Top 100 Employers
Teck Resources Limited was named one of Canada's Top 100 Employers for 2018 by Mediacorp, recognizing the company's exceptional human resources programs and workplace policies. The award reflects Teck's focus on building a culture of safety, employee engagement, diversity, innovation and leadership development across its workforce.
Drill assay results confirm West McArthur uranium discovery
CanAlaska Uranium reported final drill results from the West McArthur uranium project confirming high-grade uranium mineralization in fault-controlled zones near the unconformity. Cameco is conducting the drilling as part of their $12.5 million option to earn 60% interest in the project located adjacent to their Fox Lake discovery with 68.1 million pounds of inferred uranium resources.
Monarques Gold announces a custom milling contract with Wallbridge Mining for 35,000 tonnes of ore
Monarques Gold announced a custom milling contract with Wallbridge Mining to process 35,000 tonnes of ore from the Fenelon Gold property at its Camflo mill in Quebec. This is the second such contract signed in recent weeks as Monarques works to operate the mill at full capacity, following recent approval to increase daily capacity from 1,200 to 1,600 tonnes per day.
Centremount Coal calls for public comment on proposed new mine in Elk Valley
Centermount Coal has initiated public consultation for its proposed Bingay Coal project in BC's Elk Valley, seeking environmental assessment approval for a 1 million tonne per year metallurgical coal mine. The project includes an open pit operation planned for 12 years with construction targeted to begin in late 2018 and operations in 2021.
Rockhaven Resources Ltd. intersects gold and silver at Klaza Project, Yukon
Rockhaven Resources reported high-grade gold and silver assay results from 15 additional drill holes at its Klaza Project in Yukon, with standout intersections including 21.13 g/t gold and 116 g/t silver. The 2017 exploration program successfully expanded mineralization areas and confirmed continuity of high-grade veins, with an updated resource estimate expected in early 2018.
MAC releases strengthened tailings management guide
The Mining Association of Canada has released the third edition of its internationally-recognized Guide to the Management of Tailings Facilities, incorporating 29 recommendations from an Independent Task Force following the Mount Polley incident. The updated guide strengthens technical and management components throughout a tailings facility's lifecycle, aimed at achieving zero catastrophic failures.
Golden Ridge Resources drills 24.15 g/t Au-Eq over 4.13m at the Hank Project in BC’s Golden Triangle
Golden Ridge Resources reported high-grade initial drill results from its Hank Property in BC's Golden Triangle, with the first hole returning 24.15 g/t gold equivalent over 4.13 meters and a second hole hitting 107.90 g/t over 0.55 meters. The company completed a 14-hole, 4,249-meter drill program targeting polymetallic mineralization in shear zones, with 12 holes still pending assay results.
Gold/Copper grades push higher in Seabridge’s Iron Cap drilling
Seabridge Gold reported exceptional drill results from its Iron Cap deposit at the KSM Project, including 113 meters grading 2.98 g/T gold and 1.56% copper - the highest combined metal values drilled to date at KSM for intersections over 100 meters. The successful 2017 drilling program suggests Iron Cap is approaching parity in size with the other major deposits in the KSM cluster but with considerably higher metal values, potentially improving the project's economics.
McEwen Mining receives key permit for Gold Bar
McEwen Mining received the final Record of Decision permit for its Gold Bar Project in Nevada and announced construction will begin immediately. This represents the first new gold mine permit approval in Nevada in several years, with the company completing the final permitting phase in under 8 months.
Stratabound Minerals receives up to 14.55 gpt gold assay: Golden Culvert Yukon Project
Stratabound Minerals reported high-grade gold assay results up to 14.55 gpt from its Golden Culvert project in Yukon, confirming previous results and demonstrating grade continuity. The company is completing due diligence on an option agreement for the 83.8 square kilometre property, which shows potential for bulk mining operations.
Independence Gold discovers new soil anomalies on Boulevard, Yukon
Independence Gold Corp. announced the discovery of multiple new soil anomalies and extension of known anomalies on its Boulevard Project in Yukon's White Gold District. The project now contains 25 distinct anomalous trends, with new zones including the Runway Zone and expanded Denali Zone. The company completed 9 diamond drill holes totaling 977.5 metres with results pending.
Increased investment, rising consumer technology demands inspire confidence in Junior Mining sector
PwC Canada's Junior Mine 2017 report shows the junior mining sector is experiencing renewed confidence with valuations rising for the second consecutive year. Cash balances of the top 100 TSX-V mining companies grew 74% to $1.57 billion, the highest in five years, driven by rising demand for battery metals like lithium, nickel, and cobalt.
Canadian Mining Sector’s Clean Resources Proposal shortlisted in Innovation Supercluster Initiative
The Canadian government shortlisted the mining sector's CLEER clean resources proposal for the Innovation Supercluster Initiative, jointly led by CMIC and CEMI. The project aims to achieve aggressive 50% reductions in water use, energy intensity, and environmental footprint by 2027.