Mining in Canada

Gold Prices Remain Stable As Official Policy is Revealed

Retrieved on: 
Thursday, June 17, 2021

"Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.

Key Points: 
  • "Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
  • Gold Mountain Mining Corp. (TSX-V: GMTN) (OTC: GMTNF), Great Panther Mining Limited (NYSE: GPL), Kinross Gold Corporation (NYSE: KGC), B2Gold Corp.(NYSE:BTG), Sandstorm Gold Ltd. (NYSE: SAND)
    Going forward, inflation is expected to play a major role in deciding the future of gold.
  • When prices rise and the value of the dollar falls, gold is often seen as a hedge against inflation.
  • Additionally, New Gold has submitted its Notice of Departure ('NOD') to the Ministry of Energy, Mines and Low Carbon Innovation to receive ore from the Elk Gold Mine.

Romios Begins Field Work on High-Priority Target Structures at the North Caribou Gold Project near Newmont's Musselwhite Gold Mine, NW Ontario

Retrieved on: 
Wednesday, June 16, 2021

The NCRF contains a series of small but high grade, historic gold +/- copper showings on Romios' claims, e.g.

Key Points: 
  • The NCRF contains a series of small but high grade, historic gold +/- copper showings on Romios' claims, e.g.
  • If significant gold anomalies are detected over these features, consideration will be given to drill testing these targets in late summer.
  • Geo., VP-Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101.
  • The Company also retains a 2% NSR on the Hislop gold property in Ontario.

StraightUp Resources Files NI 43-101 Technical Report on Belanger Property

Retrieved on: 
Tuesday, June 15, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - StraightUp Resources Inc. (CSE: ST) ("StraightUp" or the "Company") is pleased to announce that it has filed an independent technical report titled, "Technical Report on the Belanger Property Northern Ontario Canada", prepared by J. Garry Clark, P.Geo.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 15, 2021) - StraightUp Resources Inc. (CSE: ST) ("StraightUp" or the "Company") is pleased to announce that it has filed an independent technical report titled, "Technical Report on the Belanger Property Northern Ontario Canada", prepared by J. Garry Clark, P.Geo.
  • The Technical Report conforms to National Instrument 43-101 - Standards for Disclosure of Mineral Projects.
  • The Technical Report will be available for viewing on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com .
  • The Technical Report recommends a further exploration program to evaluate the potential of economic gold, with associated base metals, mineralization on the Property.

Bravada Completes 13 Resource In-fill Holes & 4 Exploration Holes at the Feeder Target - Wind Mountain Au/Ag Project, Nevada

Retrieved on: 
Monday, June 14, 2021

These are the Qualified Persons of the technical report for the purpose of Canadian NI 43-101, Standards of Disclosure for Economic Analyses of Mineral Projects.

Key Points: 
  • These are the Qualified Persons of the technical report for the purpose of Canadian NI 43-101, Standards of Disclosure for Economic Analyses of Mineral Projects.
  • Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world.
  • Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development.
  • For further information, please visit Bravada Gold Corporation's website at bravadagold.com or contact the Company at 604.684.9384 or 775.746.3780.

Sixty North Gold Announces Mobilization of Crew to the Mon Mine Site

Retrieved on: 
Monday, June 14, 2021

Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 14, 2021) - Sixty North Gold Mining Ltd. (CSE: SXTY) (FSE: 2F4) (OTC Pink: SXNTF) (the "Company" or "Sixty North Gold").
  • Sixty North Gold is pleased to report that crews have commenced mobilizing to the Mon Property, Yellowknife Belt, NWT.
  • Dr. Dave Webb, President & CEO, states, "Sixty North Gold continues to execute on its stated plans in preparation for extracting a bulk sample this year.
  • We have a management team skilled in underground mining in the Yellowknife Gold Belt and at the Mon Mine in particular.

Golden Minerals Announces Positive Initial Results from its Rodeo Gold-Silver Mine Expansion Drilling, Including 14.7m @ 3.94 g/t Au

Retrieved on: 
Thursday, June 10, 2021

Rodeo is a gold-silver open pit mine located in Durango State, Mexico.

Key Points: 
  • Rodeo is a gold-silver open pit mine located in Durango State, Mexico.
  • Production began in January 2021, with material being trucked to the Companys oxide mill at the Velardea Properties located around 115 kilometers away via road.
  • Rodeos current expected life per the terms of an independently prepared, NI 43-101-compliant Preliminary Economic Assessment (April 2020) is 2.5 years.
  • The technical contents of this press release have been reviewed by Aaron Amoroso, a Qualified Person for the purposes of NI 43-101.

Steppe Gold Files Amended and Restated Technical Report for the Altan Tsagaan Ovoo Project

Retrieved on: 
Thursday, June 10, 2021

ULAANBAATAR, Mongolia, June 09, 2021 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (Steppe Gold or the Company) announces that as a result of a review by staff of the Ontario Securities Commission, the Company has filed an amended and restated technical report for its Altan Tsagaan Ovoo Project entitled, Altan Tsagaan Ovoo Project (ATO), 2021 Mineral Resources Technical Report (Amended NI 43-101) (the Amended Report) and is issuing the following news release regarding its disclosure on the Altan Tsagaan Ovoo Project.

Key Points: 
  • ULAANBAATAR, Mongolia, June 09, 2021 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (Steppe Gold or the Company) announces that as a result of a review by staff of the Ontario Securities Commission, the Company has filed an amended and restated technical report for its Altan Tsagaan Ovoo Project entitled, Altan Tsagaan Ovoo Project (ATO), 2021 Mineral Resources Technical Report (Amended NI 43-101) (the Amended Report) and is issuing the following news release regarding its disclosure on the Altan Tsagaan Ovoo Project.
  • The Amended Report addresses comments raised by the Ontario Securities Commission to include certain disclosure for advanced projects.
  • The Amended Report dated effective March 30, 2021 and amended as of June 9, 2021, was prepared in compliance with National Instrument 43-101 Standards for Disclosure of Mineral Projects.
  • The Amended Report is available under the Companys profile on SEDAR at www.sedar.com and on the Companys website at www.steppegold.com .

ST. JAMES GOLD CORP. (TSX-V: LORD) FILES NI 43-101 TECHNICAL REPORT REGARDING FLORIN GOLD PROJECT

Retrieved on: 
Tuesday, June 8, 2021

Vancouver, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the Company) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has filed an independent technical report titled Florin Gold Project NI 43-101 Technical Report Mayo and Dawson Mining Districts, Yukon Territory, prepared by Ronald G. Simpon, P.Geo., with an effective date of April 6, 2021 (the Technical Report).

Key Points: 
  • Vancouver, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) -- St. James Gold Corp. (the Company) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has filed an independent technical report titled Florin Gold Project NI 43-101 Technical Report Mayo and Dawson Mining Districts, Yukon Territory, prepared by Ronald G. Simpon, P.Geo., with an effective date of April 6, 2021 (the Technical Report).
  • The Technical Report conforms to National Instrument 43-101 Standards for Disclosure of Mineral Projects and supports the disclosure in the Companys news release dated Apri 12, 2021.
  • The Technical Report discloses an inferred mineral resource at the Florin Gold Project of 2,474,000 ounces of gold in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30 g/t, at a gold price of $1,650 per ounce.
  • Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

Monarch Mining Corporation Announces Upsized Bought Deal Private Placement of Units to C$6 Million

Retrieved on: 
Monday, June 7, 2021

Each Unit will consist of one common share of the Corporation (a Common Share) and one-half of one common share purchase warrant (a Warrant).

Key Points: 
  • Each Unit will consist of one common share of the Corporation (a Common Share) and one-half of one common share purchase warrant (a Warrant).
  • The net proceeds from the Offering will be used for general and corporate working capital purposes.
  • Monarch Mining Corporation (TSX: GBAR) is a fully integrated mining company that owns four advanced projects, including the fully permitted past-producing Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years.
  • Monarch owns 28,702 hectares (287km2) of mining assets in the prolific Abitibi mining camp that host 588,482 ounces of combined measured and indicated gold resources and 329,393 ounces of combined inferred resources.

Monarch Mining Corporation Announces C$5 Million Bought Deal Private Placement of Units

Retrieved on: 
Monday, June 7, 2021

Each Unit will consist of one common share of the Corporation (a Common Share) and one-half of one common share purchase warrant (a Warrant).

Key Points: 
  • Each Unit will consist of one common share of the Corporation (a Common Share) and one-half of one common share purchase warrant (a Warrant).
  • The net proceeds from the Offering will be used for general and corporate working capital purposes.
  • Monarch Mining Corporation (TSX: GBAR) is a fully integrated mining company that owns four advanced projects, including the fully permitted past-producing Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years.
  • Monarch owns 28,702 hectares (287km2) of mining assets in the prolific Abitibi mining camp that host 588,482 ounces of combined measured and indicated gold resources and 329,393 ounces of combined inferred resources.