Gold mining

Beauce Gold Fields Commences Drilling Program to Test Gold Bearing Bedrock Structures, Fault Line and the Historical Placer Gold Channel

Retrieved on: 
Wednesday, June 9, 2021

Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."

Key Points: 
  • Patrick Levasseur, President and CEO of Beauce Gold Fields said, "This will be the first significant diamond drill program that this historical placer gold property has ever witnessed."
  • Notably, the AMT Fault is sub-parallel to the placer channel and the splays appear to cross a N-S section the Placer Channel.
  • Beauce Gold Fields is a gold exploration company focused on placer to hard rock exploration in the Beauce region of Southern Quebec.
  • The intent of Beauce Gold Fields is to trace the placer gold workings back to the bedrock source and uncover economic bedrock gold mineralization.

First Mining Announces Closing of Earn-In Transaction with Big Ridge Gold

Retrieved on: 
Tuesday, June 8, 2021

The gold grades reflect applications of domain-specific raw assay capping factors that range between 55 g/t and 3 g/t Au.

Key Points: 
  • The gold grades reflect applications of domain-specific raw assay capping factors that range between 55 g/t and 3 g/t Au.
  • Big Ridge is a well-capitalized, Canadian-focused gold exploration and development company led by Michael Bandrowski as President & CEO, a former mining capital markets executive, and Jim Kirke as CFO, former CFO of Marathon Gold.
  • Big Ridge recently optioned its Destiny gold project to Clarity Gold, which has the potential to provide significant capital to fund work programs at Hope Brook.
  • About First Mining Gold Corp.
    First Mining is a Canadian gold developer focused on the development and permitting of the Springpole Gold Projectin northwestern Ontario.

Asante Appoints Senior Industry Consultants

Retrieved on: 
Thursday, June 3, 2021

Mr. Dave Anthony has been appointed as a Senior Project Development Consultant to the Board.

Key Points: 
  • Mr. Dave Anthony has been appointed as a Senior Project Development Consultant to the Board.
  • Mr. Anthony has +40 years experience in mining and mineral processing mostly gained at the senior management & executive levels in gold process plant design, permitting, construction and operation.
  • The Company also welcomes Paul Abbott as a Senior Geological Consultant.
  • Asante has announced plans to co-list its shares on the Ghana Stock Exchange, and is sourcing funding to develop its Kubi Gold Mine project to production.

EURO Ressources - Results of the annual ordinary general meeting of shareholders held on May 19, 2021

Retrieved on: 
Tuesday, June 1, 2021

The Rosebel gold mine is 95%-owned by IAMGOLD Corporation (IAMGOLD), and is operated by IAMGOLD.

Key Points: 
  • The Rosebel gold mine is 95%-owned by IAMGOLD Corporation (IAMGOLD), and is operated by IAMGOLD.
  • (IAMGOLD France), an indirect wholly owned subsidiary of IAMGOLD, owned approximately 89.71% of all issued outstanding shares of EURO.
  • As at May 19, 2021, IAMGOLD France held 56,058,191 shares representing 112,116,382 voting rights or 94.25% of the voting rights of EURO.
  • Additional information relating to EURO Ressources S.A. is available under EUROs issuer profile on SEDAR at www.sedar.com .

Omai Gold Mines To Present At Virtual Investor Day IV - June 8-10, 2021

Retrieved on: 
Tuesday, June 1, 2021

Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - Omai Gold Mines Corp. (TSXV: OMG) ("the Company") is pleased to announce that it will be presenting at the Virtual Investor Day IV ("VID IV") June 8-10, 2021 hosted by IR.INC and FTMIG.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - Omai Gold Mines Corp. (TSXV: OMG) ("the Company") is pleased to announce that it will be presenting at the Virtual Investor Day IV ("VID IV") June 8-10, 2021 hosted by IR.INC and FTMIG.
  • Mario Stifano, Chief Executive Officer of Omai Gold Mines, will provide an in-depth update on the Company at 1:00pm EST, June 10, 2021.
  • To register for VID IV, please click the link: https://www.bigmarker.com/series/virtual-investor-day-iv/series_summit
    About Omai Gold Mines Corp.
  • Avalon Gold Exploration Inc., a wholly owned subsidiary of Omai Gold Mines Corp., holds a 100% interest in the Omai Prospecting License covering 4,590 acres, including the past producing Omai gold mine.

TRU Precious Metals Commences 1,200 Metre Phase One Drill Program at Its 100% Owned Twilite Gold Project

Retrieved on: 
Tuesday, June 1, 2021

Fredericton, New Brunswick--(Newsfile Corp. - June 1, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) ("TRU" or the "Company") is pleased to announce that it has commenced a minimum 1,200-metre drill program at its 100% owned Twilite Gold Project ("Twilite Gold") in the Central Newfoundland Gold Belt.

Key Points: 
  • Fredericton, New Brunswick--(Newsfile Corp. - June 1, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) ("TRU" or the "Company") is pleased to announce that it has commenced a minimum 1,200-metre drill program at its 100% owned Twilite Gold Project ("Twilite Gold") in the Central Newfoundland Gold Belt.
  • The Twilite Gold Project was tested by 15 shallow drill holes in 1999 and only three holes were on the current target.
  • The Twilite Gold drill target is compelling with shallow gold already intersected in drill core from the last drilling on the project over 20 years ago.
  • About TRU Precious Metals Corp.
    TRU has assembled a portfolio of 5 gold exploration properties in the highly prospective Central Newfoundland Gold Belt.

Gold Remains in the Spotlight Amidst Inflation Concerns

Retrieved on: 
Friday, May 28, 2021

The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.

Key Points: 
  • The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.
  • The pour took place today, on Tuesday, October 20th, 2020, and produced 728 ounces of gold.
  • Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining a 30% non-operating minority interest.
  • In today's gold price environment, Peak Gold is an attractive, high-margin project that is expected to generate robust returns," said J. Paul Rollinson, Kinross Gold President and CEO.

Gold Remains in the Spotlight Amidst Inflation Concerns

Retrieved on: 
Friday, May 28, 2021

The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.

Key Points: 
  • The PEA envisages a conventional open pit mining operation for the life of mine with underground mining is commissioned in Year 4.
  • The pour took place today, on Tuesday, October 20th, 2020, and produced 728 ounces of gold.
  • Kinross will have broad authority to construct and operate the Peak Gold project, with Contango retaining a 30% non-operating minority interest.
  • In today's gold price environment, Peak Gold is an attractive, high-margin project that is expected to generate robust returns," said J. Paul Rollinson, Kinross Gold President and CEO.

A Junior Miner May Have Started A New Canadian Gold Rush

Retrieved on: 
Thursday, May 27, 2021

Right before that announcement, another small-cap miner, Starr Peak Mining Ltd. ( STE.V ; STRPF ), bought upmost of the land adjacent to Amex.

Key Points: 
  • Right before that announcement, another small-cap miner, Starr Peak Mining Ltd. ( STE.V ; STRPF ), bought upmost of the land adjacent to Amex.
  • Amex is already a major name on the Canadian gold scene thanks to its discovery and the windfall it gave to shareholders.
  • AngloGold Ashanti (AU)is a Johannesburg, South Africa-based gold mining companyand is the third-largest gold mining company by production volume.
  • Legendary investor Warren Buffett finally changed his his long-held negative stance on gold on last year when Berkshire Hathaway disclosed a massive stake in Canadian Barrick Gold (GOLD) at a time when gold was soaring.

A Junior Miner May Have Started A New Canadian Gold Rush

Retrieved on: 
Thursday, May 27, 2021

Right before that announcement, another small-cap miner, Starr Peak Mining Ltd. ( STE.V ; STRPF ), bought upmost of the land adjacent to Amex.

Key Points: 
  • Right before that announcement, another small-cap miner, Starr Peak Mining Ltd. ( STE.V ; STRPF ), bought upmost of the land adjacent to Amex.
  • Amex is already a major name on the Canadian gold scene thanks to its discovery and the windfall it gave to shareholders.
  • AngloGold Ashanti (AU)is a Johannesburg, South Africa-based gold mining companyand is the third-largest gold mining company by production volume.
  • Legendary investor Warren Buffett finally changed his his long-held negative stance on gold on last year when Berkshire Hathaway disclosed a massive stake in Canadian Barrick Gold (GOLD) at a time when gold was soaring.