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New gold-silver-lead-zinc discovery at Silver Vista Property
Glacier Lake Resources discovered multiple new mineral showings in the Golden Vista Zone on their Silver Vista property near Smithers, BC. The highlight was a grab sample returning 16.90 g/t gold, 196.0 g/t silver, 12.6% lead and 11.9% zinc from a massive sulfide vein. The discovery represents a new style of mineralization in a previously unexplored area of the property.
K+S Potash Canada’s first ship is on its way to customers
K+S Potash Canada achieved a major milestone by shipping its first 30,000 tonnes of potash from the Bethune mine to Asian customers via Port Moody. The company is ramping up to reach 2 million tonnes annual capacity by year-end, with production having started in June.
Fireweed drills high-grade zinc in Jason Main Zone including 13.2% zinc and 3.4% lead
Fireweed Zinc announced high-grade drill results from its Jason Main Zone in Yukon, including exceptional grades of 25.06% zinc and 5.00% lead over 1.8 meters true width. The results are part of a verification program to support an updated NI43-101 mineral resource estimate expected by year-end, followed by a preliminary economic assessment.
Quebec Mining Sector in attendance at Xplor!
The Quebec Mineral Exploration Association held its annual Recognition Awards Gala at the Xplor 2017 convention in Rouyn Noranda, attracting 1000 visitors and 110 exhibitors. Award winners included Osisko Mining for Discovery of the Year (Lynx Deposit), Nemaska Lithium for Entrepreneur of the Year, and several other industry leaders across various categories.
Skeena Welcomes New Vice President of Sustainability
Skeena Resources has appointed Justin Himmelright as Vice President of Sustainability, bringing over 25 years of environmental management and Indigenous relations experience. The appointment comes as Michael Cathro, former VP of Operations, transitions to a consulting role after contributing significantly to the company's leadership team.
Massive $750 million deal for magnesium deposit near Rossland
Calgary-based West High Yield Resources announced the sale of three magnesium properties near Rossland, BC to Maryland-based Gryphon Enterprises for US$750 million. The properties contain an estimated 10.6 million tonnes of magnesium, representing approximately 3,000 years of supply according to the company.
Auryn expands mineralized system at the Inuk prospect by 400 meters and provides portfolio update
Auryn Resources announced new gold mineralization at its Inuk prospect in Nunavut, extending the mineralized system by 400 meters with an intercept of 25 meters grading 1.15g/t gold. The discovery demonstrates significant widths of mineralization under previously untested barren intrusive rocks and represents the third positive drilling result at Committee Bay in 2017.
New tool helps industry collect and share geoscience data
PDAC announced the launch of Exploration Assessment Digital Data Formats (EADDF) guidelines to standardize digital data submission across Canadian mining jurisdictions. The guidelines aim to improve mineral discovery rates by facilitating better compilation and use of historical exploration data.
The telehandler transforms the snow removal industry
Merlo announced its telehandler equipment offers significant advantages for snow removal operations, featuring 40% lower fuel consumption than competitors and the ability to operate 365 days per year. The company highlighted its range of compact to heavy-duty models with load capacities from 2.7 to 7.5 tonnes, positioning itself as a versatile solution for contractors seeking year-round equipment utilization.
Skeena commences underground drilling at Snip
Skeena Resources has commenced underground drilling at its 100%-owned Snip gold project in BC's Golden Triangle, launching a 9,000-metre program across 73 holes. The underground approach allows year-round drilling, overcoming typical winter limitations in the region, with the company targeting a maiden resource estimate for 2018.
Southern Lithium announces appointment of Yari Nieken as new CEO
Southern Lithium Corp. appointed Yari Nieken as CEO and Director, bringing significant public company and capital markets experience from Foremost Capital Inc. The company also announced a proposed 10:1 share consolidation that would reduce outstanding shares from 63.6 million to 6.4 million, subject to TSX Venture Exchange approval.
Minerals South conference in Cranbrook November 7 to 9
The 13th annual Minerals South Conference will take place November 7-9 in Cranbrook, BC, bringing together over 100 mining industry professionals. The event includes technical presentations, trade show, educational programs, and a field trip to Teck Coal's Coal Mountain Operation.
All-new Brandt trailer lineup is a tough act to follow
Brandt Equipment Solutions announced a new lineup of Work Ready utility trailers available across Western Canada through John Deere dealerships. The initial four models target contractors and landscapers with payload capacities of 9,000-15,700 lbs, featuring 0% financing when combined with John Deere equipment purchases.
BC Innovation Council awards $735,000 to fund market-driven research
The BC Innovation Council awarded $735,000 through its BCIC Ignite Awards program to four British Columbia research projects focused on environmental monitoring, structural engineering, wastewater treatment, and life sciences. The awards support industry-driven academic research that must be commercially viable and market-ready within three years.
BKT earns SQEP silver award from Caterpillar plus approval of two Earthmax models
BKT (Balkrishna Industries Ltd.) received Caterpillar's prestigious SQEP Silver Award for supplier quality excellence at their Chopanki plant in India. The company also obtained approval to supply Earthmax SR 47 and SR 45 tires as original equipment for two Caterpillar dump truck models - the 60-ton CAT 773E and 40-ton 770G.
Monarques Gold announces a custom milling contract for up to 55,000 tonnes with Eldorado Gold
Monarques Gold announced a custom milling contract with Eldorado Gold to process 50,000-55,000 tonnes of ore from Eldorado's Lamaque mine at Monarques' Camflo mill through December 2017. The contract will operate the Camflo mill at 90% capacity and help reduce operating costs for Monarques' Beaufor mine operations.
Coeur acquires JDS’ Silvertip Mine in British Columbia: deal to close in October
Coeur Mining announced the $200 million acquisition of JDS Silver's high-grade Silvertip silver-zinc-lead mine in northern British Columbia, adding a sixth producing mine to its portfolio. The deal includes $146.5M cash, $38.5M in shares, and assumption of $15M debt, with up to $50M in additional payments tied to milestones. Coeur expects to restart commercial production by Q1 2018 after investing $25-35M in infrastructure improvements.
Metallis commences drilling at Thunder North, contiguous to Nickel Mountain Discovery
Metallis Resources has commenced Phase 2 drilling at its Kirkham Property, focusing on the Thunder North target which is contiguous to Garibaldi Resources' Nickel Mountain Project. The Thunder North area of interest has doubled in size to 10 sq. km and drilling will test altered gabbroic units and mineralized mafic-ultramafic rocks. The company is also targeting the King anomaly which could represent a high-grade gold-pyrrhotite vein system similar to the nearby Snip mine.
CanAlaska acquires projects in Thompson Nickel Belt, one of Canada’s most prolific nickel camps
CanAlaska Uranium acquired two mineral exploration licences covering over 16,000 hectares in Manitoba's Thompson Nickel Belt, one of Canada's most prolific nickel camps. The properties surround the 5.3 million tonne Mel Nickel Deposit and contain historical drill intercepts up to 2.43% nickel over 1.92 metres. The acquisition represents CanAlaska's diversification strategy from uranium into base metals amid favorable market conditions for sulphide nickel deposits.
Golden Dawn commences dewatering and rehabilitation of Lexington Mine
Golden Dawn Minerals has commenced dewatering operations at its Lexington Mine in BC, with primary dewatering expected to take four weeks at up to 1,000 cubic meters per day. The company received encouraging drill results from the May Mac mine, including 1.13 g/t gold and 23.0 g/t silver over 0.36 meters. Mill restart costs are estimated at $270,000 with the facility expected to be operational in 3-5 weeks.
Evolving Gold discovers 1.2 km long sulphide-hosting basalt target
Evolving Gold Corp completed a helicopter-borne survey over its Toro Property in northern Quebec, collecting 483 rock samples and discovering a 1.2 kilometer long basalt unit containing multiple sulphide-bearing zones. The company identified four new areas of interest and acquired 95 new claims following discovery of sulphide-rich sediments and volcanic units not previously mapped in the area.
Noront provides drill program update on McFaulds Property in ring of fire
Noront Resources completed a 3-hole drill program on its McFaulds property in Ontario's Ring of Fire, discovering a new copper-zinc horizon called McFaulds No.8. The most significant intersection was 9.0 metres grading 2.0% copper, 3.6% zinc and 7.8 g/t silver, representing a new volcanogenic massive sulphide mineralized zone not previously intersected in historic drilling.
FPX Nickel completes Stepout drilling program targeting southeast extension of Baptiste Deposit
FPX Nickel completed an 8-hole stepout drilling program at the Baptiste deposit within its Decar nickel project in central British Columbia. The program tested the southeast extension of the deposit where previous drilling returned the highest-grade intercepts. Assay results are expected in mid-October 2017.
Wesdome announces corporate restructuring and management changes
Wesdome Gold Mines announced a major corporate restructuring with four senior executives departing immediately, including the COO and CFO. The company eliminated two VP positions and appointed new executives to reduce costs and improve profitability as it transitions toward becoming an intermediate gold producer.