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Fireweed Exploration Update: Drilling Commences at Macmillan Pass
Fireweed Zinc has commenced its 2019 summer exploration campaign at the Macmillan Pass Zinc Project in Yukon, with core drilling beginning at Tom North and reverse circulation drilling at Target R. The program includes gravity surveying in the Fertile Corridor and aims to test mineralization continuity that could extend mine life and improve project economics.
Royal Canadian Mint issues coin minted of pure Nunavut gold
The Royal Canadian Mint issued a commemorative gold coin for Nunavut's 20th anniversary, crafted from 99.99% pure gold sourced from Agnico Eagle's Meadowbank mine and TMAC Resources' Hope Bay mine. The 1/10 oz collector coin features Germaine Arnaktauyok's iconic drummer design and has a limited mintage of 1,500 pieces retailing for $359.95.
Brandt named exclusive American Augers dealer for Canada
The Brandt Group of Companies has been named the exclusive dealer for American Augers and Trencor across Canada, expanding their underground construction equipment offerings. This partnership gives Canadian contractors access to the industry's most powerful drilling equipment, including auger boring machines with up to 1,200,000 lbs of thrust and directional drills with up to 100,000 ft-lbs of torque.
Kootenay-based technology could expand clean vehicle range
Eagle Graphite received $290,000 from the BC government's Advanced Research and Commercialization Program to develop silicon/graphite battery anodes at its Passmore quarry. The project aims to establish BC as a global leader in anode production for clean energy vehicles while creating jobs in the Kootenays region.
Teck named to 2019 Best 50 Corporate Citizens in Canada
Teck Resources has been named fourth on Corporate Knights' Best 50 Corporate Citizens in Canada ranking, marking the company's 13th consecutive year on the list. The recognition highlights Teck's commitment to environmental, social and governance performance across its diversified mining operations focused on copper, steelmaking coal, zinc and energy.
Mining Association of Canada announces new chair
Gordon Stothart, Executive Vice President and COO of IAMGOLD, has been elected Chair of the Mining Association of Canada for a two-year term, replacing Anne Marie Toutant of Suncor Energy. Stothart brings over 30 years of mining industry experience and has been recognized for his leadership in corporate responsibility through IAMGOLD's multiple TSM awards.
Brixton Metals starts drilling at its Thorn Project and provides update on its Atlin Project
Brixton Metals Corporation has commenced drilling operations at its Thorn Project while providing an update on its Atlin Project. The company's exploration activities focus on copper targets, including the previously drilled Deep Copper Target at the Camp Creek-Oban Zone.
Noront Resources and Aroland First Nation Sign Memorandum of Understanding
Noront Resources and Aroland First Nation signed a Memorandum of Understanding to advance development of the Eagle's Nest nickel-copper-platinum-palladium deposit in Ontario's Ring of Fire. The agreement includes issuing 150,000 Noront shares to the First Nation and establishes formal working protocols for mutually beneficial economic development opportunities.
Western Potash awards contract for construction of milestone Phase I Project
Western Resources Corp. has awarded a lump-sum construction contract to Stuart Olson Prairie Construction for its Milestone Phase I Potash Project located 35 km southeast of Regina, Saskatchewan. The project utilizes innovative selective dissolution technology that eliminates surface tailings and reduces water consumption by half. Construction mobilization begins in June 2019 with production targeted for mid-2020.
Mining Community Raises $2 Million for BC Children’s Hospital
Mining for Miracles, the BC mining community's fundraising initiative, presented a $2 million donation to BC Children's Hospital on June 2, 2019. The funds will support the new Gut4Health program, which aims to make BC Children's the first Canadian children's hospital to use gut bacteria for predicting and treating infections. The organization has raised over $30 million for the hospital over the past thirty years.
Pretium Resources Inc.: Underground Exploration Drilling Intercepts Gold Mineralization at Depth
Pretium Resources' underground exploration drilling at Brucejack Mine intersected significant gold mineralization with 5.56 g/t gold over 107.45 meters, including high-grade intervals up to 185.5 g/t gold. The results confirm potential extension of Brucejack-style mineralization at depth and to the east of the existing mine, with additional copper-molybdenum anomalies suggesting porphyry proximity.
Stelmine is making plans to drill on the Courcy property
Stelmine Canada is preparing to drill its Courcy gold project in Quebec's James Bay Territory after two years of exploration work. The company has completed channel sampling over 3,000 m² and identified the 21-km Courcy fault as the main gold carrier, with historical drilling showing 4.26 g/t Au over 42m.
SSR Mining publishes inaugural Sustainability Report
SSR Mining Inc. published its inaugural Sustainability Report detailing its 2018 performance across health, safety, diversity, and environmental metrics. The report highlights achievements including 100% local hiring at Chinchillas mine, 58% water recycling across operations, and strong governance ratings. This represents the company's commitment to transparency and operational excellence across its three producing mines in North America.
B.C. passes law to have 100% zero emission vehicles by 2040
British Columbia has passed legislation requiring all new vehicle sales to be zero-emission by 2040, with interim targets of 10% by 2025 and 30% by 2030. Lomiko Metals, a lithium-focused company, views this as positive news for electric vehicle adoption and battery metals demand. The policy comes amid high gas prices and new provincial EV incentives in BC and Quebec.
Lac des Iles underground exploration announces expansion of newly discovered C Zone
North American Palladium announced a $5.7M increase to its 2019 exploration budget to accelerate drilling on underground targets at the Lac des Iles Mine, including the newly discovered C Zone. The C Zone shows potential for several hundred metres of strike length and over 800 metres of vertical extent, with palladium grades similar to the main ore zones.
Westhaven commences property-wide exploration at Shovelnose
Westhaven Ventures has commenced a comprehensive exploration program at its 15,542 hectare Shovelnose gold property in British Columbia's Spences Bridge Gold Belt, including 1,000 soil samples, mapping, and prospecting. The company plans to initiate a fully financed drill program in early June, targeting magnetic low anomalies coincident with gold and arsenic geochemical signatures.
Sparwood’s North Coal celebrates sixth anniversary
North Coal Limited celebrated its sixth anniversary and opened new corporate offices in Sparwood, BC, as it advances the Michel Coal Project. The company has grown from 2 to 11 employees and is completing environmental assessments, with mine construction planned for 2021 and metallurgical coal production beginning in 2022.
American steel and aluminum tariffs on Canada and Mexico lifted
The United States has agreed to lift steel and aluminum tariffs imposed on Canada and Mexico in 2018, with both countries agreeing to remove retaliatory tariffs within 48 hours. This development is expected to boost the Canadian steel and aluminum sectors and facilitate passage of the USMCA trade agreement.
Gross revenue for BC miners hits a record high of $12.3 billion
BC's mining sector achieved record gross revenue of $12.3 billion in 2018, up from $11.7 billion in 2017, driven by higher copper and metallurgical coal prices. The strong performance reflects renewed optimism in the sector after a period of lower commodity prices and reduced activity.
Nemaska Lithium provides project update
Nemaska Lithium provided an update on its Whabouchi lithium project, reporting $262.3M in unrestricted cash as of March 31, 2019. The company has made construction progress at the Whabouchi mine and is 55% complete on detailed engineering at the Shawinigan plant, while actively pursuing financing alternatives with financial advisors.
Harfang enhances the potential for Cu-Au-Ag around Mista Prospect on its Serpent Property
Harfang Exploration completed a high-resolution magnetic survey revealing a 3.5 km structural corridor at the Mista discovery on its Serpent Property in Quebec's James Bay region. The survey identified two important structural trends associated with copper-gold-silver mineralization, with the company planning to resume exploration work in early June including mechanical trenching and potential drilling.
Ferrochrome refinery siting decision rekindles call for East-West access to the Ring of Fire
NorOnt Resources and Sault Ste. Marie have decided to locate a ferrochrome refinery to process minerals from Ontario's Ring of Fire, modeled on Finnish technology. This decision has renewed calls for an East-West road connection to optimize mineral transportation between the Ring of Fire and existing rail infrastructure.
Copper Lake stakes the Sollas Lake Property and provides update on private placement
Copper Lake Resources staked the 100% owned Sollas Lake Property comprising 20 claim cells (4.1 sq km) adjacent to their Marshall Lake project in Ontario. The company extended their private placement financing deadline by 30 days to May 31, 2019, seeking up to $460,000 through flow-through and regular units.
Noront selects Sault Ste. Marie site for Ferrochrome Production Facility
Noront Resources has selected the Algoma Steel site in Sault Ste. Marie for its Ferrochrome Production Facility after evaluating four communities since February 2018. The decision was based on lower long-term operating costs and Great Lakes location advantages, despite Timmins having slightly lower capital costs.
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