Gold mining

Centerra Gold Completes Sale of 50% Interest in the Greenstone Gold Mines Partnership

Wednesday, January 20, 2021 - 12:18am

TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) announced today the completion of the previously announced sale of Centerras 50% interest in the Greenstone Gold Mines Partnership (GGM) to an affiliate of the Orion Mine Finance Group.

Key Points: 
  • TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) announced today the completion of the previously announced sale of Centerras 50% interest in the Greenstone Gold Mines Partnership (GGM) to an affiliate of the Orion Mine Finance Group.
  • Cormark Securities Inc. acted as financial advisor to Centerra and Stikeman Elliott LLP as legal advisor.
  • Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold properties in North America, Asia and other markets worldwide and is one of the largest Western-based gold producers in Central Asia.
  • Centerra operates three mines, the Kumtor Mine in the Kyrgyz Republic, the Mount Milligan Mine in British Columbia, Canada and the kst Mine in Turkey.

First Vanadium Options Gold Property from Mathewson in Battle Mtn - Eureka Gold Trend, Nevada

Thursday, January 14, 2021 - 2:40pm

Mr. Mathewson is a renowned Nevada gold specialist and former Newmont Mining Corporation Regional Exploration Manager.

Key Points: 
  • Mr. Mathewson is a renowned Nevada gold specialist and former Newmont Mining Corporation Regional Exploration Manager.
  • Mr. Mathewson was instrumental in several significant gold discoveries in the Rain and Railroad Mining Districts in the southern portion of the Carlin Gold Trend.
  • The Battle Mtn - Eureka Gold Trend rivals the Carlin Gold Trend in gold production and prospectivity.
  • Nevada Gold will retain a 3% Net Smelter Return Royalty ("NSR") on any mineral products derived from the AVP Property.

Stevens Gold Nevada Inc. Files NI 43-101 Report on its Millennium Gold Property

Thursday, January 14, 2021 - 2:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - STEVENS GOLD NEVADA INC. (CSE: SG) (OTCQB:STVGF) (the "Company" or "Stevens Gold") announces that it has filed a technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") on the Company's optioned Millennium Gold Property (the "Property").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 14, 2021) - STEVENS GOLD NEVADA INC. (CSE: SG) (OTCQB:STVGF) (the "Company" or "Stevens Gold") announces that it has filed a technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") on the Company's optioned Millennium Gold Property (the "Property").
  • The report, titled " NI43-101 Technical Report on the Millennium Gold Property, Mojave County, Arizona, U.S.A." and dated November 9, 2020 was filed on the SEDAR website www.sedar.com , and can also be viewed on the Stevens Gold website at www.stevensgold.com .
  • The Technical Report provides details of the Millennium Gold Property area and includes the geological setting of multiple occurrences of gold mineralization and a summary of historic exploration activities.
  • Five of eight drill holes within this window report gold mineralization, including 33 meters averaging 0.6 g/t gold.

Centerra Gold Reports 2020 Gold Production of 824,059 Ounces Exceeding Annual Guidance

Thursday, January 14, 2021 - 11:30am

TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) reports fourth quarter and annual production exceeding the upper end of its consolidated 2020 annual gold production guidance.

Key Points: 
  • TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (Centerra) (TSX: CG) reports fourth quarter and annual production exceeding the upper end of its consolidated 2020 annual gold production guidance.
  • Gold production in the fourth quarter was 172,446 ounces including 90,402 ounces of gold produced by the Kumtor Mine, 42,664 ounces of gold produced by the Mount Milligan Mine and 39,380 ounces of gold produced by the kst Mine.
  • Full year 2020 gold production was 824,059 ounces, which exceeded the upper end of guidance, including 556,136 ounces of gold produced by the Kumtor Mine, 161,855 ounces of gold produced by the Mount Milligan Mine and 106,068 produced by the kst Mine.
  • Of note, is the performance at our newest mine, the kst Mine, which exceeded its annual gold production guidance.

Ridgeline Minerals Intersects Wenban Formation and Drills 0.22 g/t Gold and 860 g/t Silver over 0.2 Meters at the Swift Project, Nevada

Wednesday, January 13, 2021 - 1:30pm

Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.

Key Points: 
  • Data from the Phase I program will aid in vectoring towards higher grade gold targets in Ridgeline's 2021 Phase II drill program.
  • SW20-001 & SW2-002 intersected Lower Plate carbonate host rocks interpreted as the Wenban and Roberts Mountains formation starting at 425 m vertical depth.
  • Significance - The Wenban formation had not previously been intersected with historic drilling at Swift and is considered the primary gold host (see Swift Stratigraphic Section ) to the Nevada Gold Mines owned Cortez Complex (34.8 Moz.
  • Notable examples include the Nevada Gold Mines, (a joint venture between Barrick Gold and Newmont Mining Corp.) owned Goldstrike, Pipeline, Cortez Hills and Goldrush deposits.

Drilling Underway at Fremont's North Carlin Gold Project

Wednesday, January 13, 2021 - 1:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.
  • Boart Longyear's drill rig in action at the Coyote claim block, North Carlin, looking north.
  • The Company has identified several high-priority drill targets at North Carlin based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend.
  • North Carlin is approximately 6 km north of and on-strike of Nevada Gold Mines/Premier Gold Mines' South Arturo mine, where recent drilling intersected 39.6 metres of 17.11 g/t gold3, and 12 km northwest of Nevada Gold Mines' Goldstrike mine, which hosts 11.1 million ounces gold in the measured and indicated category2.

Hycroft Appoints Jack Henris As Chief Operating Officer And Fortifies Operating And Technical Teams With Several Key Additions

Tuesday, January 12, 2021 - 12:35pm

A thorough review of the organizational structure, including the identification of technical and operating needs, led to a bolstering and restructuring of the Hycroft operating team.

Key Points: 
  • A thorough review of the organizational structure, including the identification of technical and operating needs, led to a bolstering and restructuring of the Hycroft operating team.
  • The vision and leadership of the senior team will be critical components in the success of this long-life operation."
  • At Barrick Gold Corporation ("Barrick"), Mr. Henris held positions as Mine Operations Supervisor and Senior Mine Planner at the Goldstrike Mine.
  • Hycroft is a US-based, gold and silver producer operating the Hycroft mine located in the world-class mining region of Northern Nevada.

Itronics Expands its Rock Kleen Silver, Gold and Base Metal Recovery Technology

Tuesday, January 12, 2021 - 11:30am

Rock Kleen is a revolutionary, disruptive technology that recovers residual precious metals, including silver and gold, base and ferrous metals, nutrient materials, and industrial minerals from'sub-ore grade'mine tailings.Rock Kleen also neutralizes 100 percent of any residual cyanide, used in original mining, rendering tailings cleaner than they were before processing.

Key Points: 
  • Rock Kleen is a revolutionary, disruptive technology that recovers residual precious metals, including silver and gold, base and ferrous metals, nutrient materials, and industrial minerals from'sub-ore grade'mine tailings.Rock Kleen also neutralizes 100 percent of any residual cyanide, used in original mining, rendering tailings cleaner than they were before processing.
  • Rock Kleen Technology is a potential "Zero Waste Energy Saving Technology," recovering a high percentage of residual silver and gold, neutralizing residual cyanide, recovering residual nitrogen and the "critical minerals" manganese, magnesium, and potassium from silver-gold mine tailings.
  • The new concept was developed as an outgrowth of laboratory testing that was recently completed to evaluate the leaching capabilities of the Rock Kleen Technology.Several mining companies have inquired about gold recoverability using Rock Kleen.
  • "This potential economic benefit is one of the features that makes the Rock Kleen Technology truly revolutionary."

New Placer Dome Gold Corp. Drills 6.1 Metres of 10.22 g/t Gold, Expanding Gold Mineralization at its Kinsley Project in Nevada

Monday, January 11, 2021 - 8:05am

ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of New Placer Dome and the QP.

Key Points: 
  • ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of New Placer Dome and the QP.
  • New Placer Dome follows industry standard procedures for the work carried out on the Kinsley Mountain Gold Project, with a quality assurance/quality control (QA/QC) program.
  • About New Placer Dome Gold Corp.
    New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada.
  • The Bolo Project, located 90 km northeast of Tonopah, Nevada, is another core asset, similarly hosting Carlin-style gold mineralization.

DGAP-News: Franklin Mining Receives Report from Geologist on Future Mining Locations

Thursday, January 7, 2021 - 2:15pm

Carson City, Nevada--(Newsfile Corp. - January 7, 2021) - In November 2020, Franklin Mining Inc. (OTC Pink: FMNJ) retained the services of Mr. Giovanni Viscarra Ruiz, a geological consultant, to report on the proposed gold mining location in Bolivia, Luz de America.

Key Points: 
  • Carson City, Nevada--(Newsfile Corp. - January 7, 2021) - In November 2020, Franklin Mining Inc. (OTC Pink: FMNJ) retained the services of Mr. Giovanni Viscarra Ruiz, a geological consultant, to report on the proposed gold mining location in Bolivia, Luz de America.
  • After reviewing the report, Franklin Mining CEO, William Petty, believes the best plan of operation will be to begin with tailing recovery and alluvium extraction to facilitate cashflow into the company.
  • A second phase mining operation will include terrace development in the same location.
  • Petty plans to later expand the operation to other mining locations in the area.