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Grizzly Discoveries announces results of exploration on its Robocop Cobalt-Copper-Silver Property
Grizzly Discoveries completed reconnaissance mapping and sampling at its Robocop cobalt-copper-silver property in southeastern BC, confirming previous anomalous results with grab samples returning up to 1.46% copper and 0.036% cobalt. The company identified Cu-Co mineralization extending 3.8 km northwest and 3.2 km south of main showings, demonstrating lateral continuity and plans to conduct airborne geophysical surveys followed by a 2019 drilling campaign.
Hudbay Minerals to acquire Mason Resources
Hudbay Minerals announced it will acquire the remaining 86% of Mason Resources for $0.40 per share in cash, valuing the company at $31 million. The acquisition gives Hudbay full control of the Ann Mason copper project in Nevada, which hosts 1.4 billion tonnes of measured and indicated resources grading 0.32% copper. The transaction is expected to close in December 2018 following shareholder approval.
PDAC 2019 awards honour industry leaders
The Prospectors & Developers Association of Canada announced six award recipients for 2019, recognizing excellence in mineral exploration and mining. Awards were presented at the PDAC Convention Awards Gala on March 5, 2019, honoring achievements in diamond exploration, uranium development, gold projects, lithium production, and Indigenous engagement. The awards showcase top performers across various commodities and highlight industry leadership in technical, environmental and social responsibility areas.
QMX Gold Leverages Strategic Asset
QMX Gold has signed a custom milling agreement with Gowest Gold to restart its Aurbel Mill in Val d'Or, Quebec, beginning with a pilot program of 120,000 tonnes and expanding to 220,000 tonnes annually. This leverages QMX's previously underutilized processing facility to create a revenue-generating business unit while Gowest funds the mill restart.
Goliath reports up to 20.6 gpt Gold and 761 gpt Silver at DSM Gold Star Property
Goliath Resources reported high-grade gold and silver assay results from surface sampling at the Gold Star property in BC, with highlights including 20.6 g/t gold and 329 g/t silver. The company discovered two new mineralized zones spanning 190m and 170m respectively, both remaining open in all directions and providing strong drill targets for a potential large gold system at depth.
Azincourt Energy samples high-grade Li2O up to 3.83% at the Eagle Pegmatite, Lithium Two Project
Azincourt Energy and joint venture partner New Age Metals reported high-grade lithium assay results up to 3.83% Li2O from channel samples at the Eagle Pegmatite within their Lithium Two project in southeastern Manitoba. The phase two exploration program also extended the known length of the Eagle Pegmatite outcropping to approximately 900 meters, with drilling permits expected in the coming weeks.
Westhaven commences high resolution airborne geophysics on Its Shovelnose Gold Property
Westhaven Ventures has commenced a high-resolution airborne geophysical survey over its 15,542 hectare Shovelnose gold property in British Columbia's Spences Bridge Gold Belt. The helicopter-borne survey will cover 2,376 line kilometres to identify structural controls for additional gold-silver mineralization zones. Recent drilling at the property returned strong intercepts including 17.77 metres of 24.50 g/t gold.
Truck driver pain and discomfort can be alleviated
University of Waterloo researchers found that 57% of Canadian truck drivers experience musculoskeletal pain and discomfort on the job, particularly lower back pain. The study surveyed 107 male drivers at highway stops in Southern Ontario and identified specific risk factors including organizational safety climate, job-related risks, and work exhaustion.
GFG begins drilling at its Pen Gold Project west of Timmins, Ontario
GFG Resources has begun drilling at its Pen Gold Project west of Timmins, Ontario, with a Phase 1 program targeting 5,000-6,000 metres across 25-30 holes. The program will test 15 priority targets across three regional areas (Deerfoot, Reeves, Jehann) with historical intercepts including up to 60.0 g/t Au over 1.3m at the Sewell occurrence. This marks an exciting advancement for the company's 100% owned project in the highly prospective Abitibi greenstone belt.
Barkerville announces appointment of François Vézina as Chief Operating Officer
Barkerville Gold Mines appointed François Vézina as Chief Operating Officer, replacing Luc Lessard. Vézina brings 17+ years of mining experience including roles at Agnico-Eagle, Osisko, and management of the Canadian Malartic mine. The appointment strengthens operational leadership for the company's British Columbia gold operations.
Azincourt Energy JV partner signs exploration agreement With Sagkeeng First Nation
Azincourt Energy's joint venture partner New Age Metals has signed an exploration agreement with Sagkeeng First Nation, clearing the path for drilling programs at their lithium projects in Manitoba. Recent sampling at the Lithium Two project returned high-grade lithium oxide values up to 7.62% Li2O from spodumene, demonstrating the high purity of mineralization across their 14,000-hectare land package in the Winnipeg River Pegmatite Field.
Mason Graphite provides Lac Guéret Project and corporate update
Mason Graphite provided a construction update on its Lac Guéret graphite project in Quebec, reporting that detailed engineering is largely complete and grinding mills are nearing manufacturing completion with delivery expected in November 2018. The company has revised its capital expenditure estimate to $258M from the previous $200M estimate, while maintaining strong cash liquidity of approximately $33M following a $45M equity financing closed in January 2018.
Innovate BC awards nearly $1M to accelerate commercialization of innovative research projects
Innovate BC awarded $944,600 through its Ignite program to four British Columbia research projects focused on clean technology, electric vehicle battery cooling, bio-based pesticides, and wood-derived nanocomposites. The funding aims to accelerate commercialization of technologies addressing natural resources and applied sciences challenges, with projects required to be market-ready within three years.
BC’s Engineering and Geoscience Regulator elects new council
Engineers and Geoscientists British Columbia has elected a new President and Council for the 2018/2019 term. Katherina Tarnai-Lokhorst was elected President, with the new council including both elected members and government appointees. The formal induction will take place at the organization's 99th Annual General Meeting.
Boundary partners with Berkeley Forge – Electric Rope Shovel GET Manufacturer
Boundary Equipment Co. Ltd. has entered into a new partnership with Berkeley Forge & Tool, Inc. to distribute Ground Engaging Tools (GET) for electric rope shovels and production loaders throughout the Canadian mining market. The partnership combines Berkeley's 65 years of forging experience with Boundary's 38 years of mining equipment expertise to provide cost-efficient alternatives for mining operations.
International News: Vancouver-based Asanko Gold launches the Women in Mining “Botae Pa Initiative”
Vancouver-based Asanko Gold launched the 'Botae Pa Initiative' to empower women at its Ghana gold mine and surrounding communities. The initiative promotes mining careers to women, supports local education and health needs, and builds on Asanko's existing CSR programs. The company currently employs 10% women, above Ghana's 7% national mining industry average.
Award winning engineers and geoscientists create a better future in BC, and beyond
Engineers and Geoscientists British Columbia presented awards to eight individuals and two projects at their Annual Conference in Vancouver on October 19-20, 2018. The awards recognized outstanding professional achievement, community service, and excellence in teaching across engineering and geoscience fields.
Capstone Mining places Yukon’s Minto Mine on temporary care and maintenance
Capstone Mining is placing its Minto copper mine in Yukon on temporary care and maintenance after a sale agreement with Pembridge Resources fell through due to financing challenges. The closure will affect approximately 200 employees and contractors, with care and maintenance costs estimated at US$5 million annually for 2018-2019.
Osisko Metals participates in a $250,000 donation to UNB for the Osisko Field Education Fund
Osisko Metals joined forces with two other Osisko companies to donate $250,000 to the University of New Brunswick's Earth Sciences Department, creating the Osisko Field Education Fund. The fund will help reduce costs for geology field school courses, making them more accessible to students while supporting educational excellence.
Maritime Iron expands its Senior Leadership Team
Maritime Iron Inc. announced the appointment of five senior executives to its leadership team as the company advances its bankable feasibility study for a merchant pig iron production facility in New Brunswick. The new hires bring extensive experience from major mining projects including Vale's Long Harbour facility and BHP's Jansen potash project.
North American Construction Group announces expansion of heavy construction fleet
North American Construction Group Ltd. announced the acquisition of Aecon Group Inc.'s heavy construction equipment fleet and related assets for $199.1 million in cash. The transaction is expected to provide over $220 million in additional annual revenue capability and be accretive to EBITDA, free cash flow and earnings, with anticipated 2019 basic earnings per share exceeding $1.60.
SMS Equipment now selling new Komatsu WA480-8 Wheel Loader
SMS Equipment Inc., one of the world's largest Komatsu dealers, is now selling and supporting the new Tier 4 Final WA480-8 wheel loader. The upgraded model features 8% higher productivity, 20% lower fuel consumption, and enhanced operator comfort compared to its predecessor.
Teck announces new Sparwood office
Teck announced plans to build a new centralized office building in Sparwood, B.C. to consolidate support operations in the Elk Valley. Construction is expected to begin within two years as part of the company's long-term commitment to sustainable mining operations in the region.
Ritchie Bros. introduces new online asset management and disposition solution: RB Asset Solutions
Ritchie Bros. launched RB Asset Solutions, a cloud-based SaaS platform for end-to-end asset management and disposition of heavy equipment. The solution combines inventory management, data analytics, branded e-commerce sites, and access to multiple sales channels including auctions and online marketplaces.
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