During the quarter the key focus was on Musgrave Minerals Ltd.'s 100% owned tenure at Cue which hosts a Mineral Resource Estimate of 12.3 Mt @ 2.3g/t Au for 927koz gold. Exploration and resource drilling continued throughout the quarter with further positive results from White Heat-Mosaic and Big Sky RC drilling, and the Numbers East and Big Sky North first pass aircore drilling programs. RC follow-up drilling at Big Sky [...]
Musgrave Minerals Ltd. is pleased to report further assay results from diamond drilling on the Cue Joint Venture with Evolution Mining Limited in Western Australia's Murchison district. Diamond drilling completed by Evolution at the West Island prospect, approximately 6km north of Break of Day, continues to intersect strong gold intersections within a basement dolerite host unit. Diamond drilling continues to confirm that [...]
Musgrave Minerals Ltd. is pleased to report that Evolution Mining Limited has satisfied the earn-in requirement under the Cue Project Earn-in and Exploration Joint Venture Agreement to earn a 75% interest in the Cue JV in Western Australia's Murchison district. The Cue JV is primarily focused on Lake Austin which lies to the north of the Company's 100% owned Mineral Resources at Cue . As Evolution has met the A$18M [...]
Musgrave Minerals Ltd. is pleased to report further assay results from diamond and aircore drilling programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison district. Diamond drilling continues to intersect potential ore grade intersections within a dolerite basement host unit at the West Island Prospect. The West Island zone is part of a broad regional 7km-long anomalous gold corridor [...]
Musgrave Minerals Ltd. is pleased to report further assay results from diamond and aircore drilling programs on the Cue Joint Venture with Evolution Mining Ltd in Western Australia's Murchison district. Diamond drilling continues to intersect potential ore grade intersections over wide thicknesses in basement rocks at the West Island Prospect. Aircore drilling results continue to extend the large regolith gold [...]
Battle North Gold Corp. today announced that it has obtained a final order from the Supreme Court of BC approving the previously announced plan of arrangement under the Business Corporations Act, pursuant to which Evolution Mining, through its wholly-owned subsidiary Evolution Mining Limited, has agreed to acquire all of the issued and outstanding shares of Battle North at a price of C$2.65 per common share in cash . All [...]
Battle North Gold Corp. and Evolution Mining Limited are pleased to announce they have entered into a definitive arrangement agreement pursuant to which Evolution has agreed to acquire all of the issued and outstanding shares of Battle North at a price of C$2.65 per common share in cash, for total consideration for all issued and outstanding shares pursuant to the Transaction of approximately C$343 million. The [...]
Musgrave Minerals Ltd. is pleased to report assay results for a further eight reverse circulation drill holes from the current program at the new Starlight gold discovery at Break of Day. Drilling continues to confirm the Starlight discovery and the strong near surface high-grades in multiple individual lodes. Starlight remains open to the south-east and down dip where drilling is continuing. All intercepts reported in [...]
Newmont Goldcorp Corp. has continued to streamline its asset base by entering into a binding agreement to sell the Red Lake complex in Ontario, Canada to Evolution Mining Ltd.. Upon closing of the transaction, expected in the first quarter of 2020, Newmont will receive $375 million in cash and contingent payments of up to an additional $100 million tied to new resource discoveries. “This transaction both strengthens [...]
Many are familiar with the all too often chanted slur from cryptocurrency enthusiasts that Bitcoin is "Gold 2.0", but we feel this is inaccurate. The truth is Bitcoin and Gold both share a great deal in common, and it might be wise to instead consider these two assets as viable companions in a portfolio that remains hedged against wider economic uncertainty and risk. The goal of the Gold and Alternative Investments [...]
Emmerson Resources, is pleased to advise that the proposed restructure of the Tennant Creek Mineral Field Farm-In and Joint Venture Agreement with Evolution Mining, has been completed following a shareholder meeting to approve the restructure at a General Meeting on 18 May 2018. Overwhelming support from shareholders for the restructure of the Tennant Creek Mineral Field Joint Venture - Emmerson now retains: o Exploration [...]
As announced on 19 February 2018 Emmerson Resources has agreed with Evolution Mining to restructure the Tennant Creek Mineral Field Farm-in and Joint Venture Agreement. A Deed of Variation has been executed, and as announced Emmerson will retain 100% ownership of the majority of the Tennant Creek tenements with Evolution taking ownership of those tenements associated with the Gecko-Goanna-Orlando copper-gold prospects. As [...]
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