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Spanish Mountain Gold confirms that it closed its private placement with an institutional investor for gross proceeds of $500,006 on Dec. 14, 2017. On closing, the Company issued 3,846,200 flow-through common shares for $0.13 each. The gross proceeds will be used by the Company to incur exploration expenditures on the Company's Spanish Mountain [...]
Sage Gold is pleased to announce that further to its news release dated Jan 5, 2018, it has completed the first tranche of a treasury offering of units of the Company at the price $0.11 per Unit. Each Unit consists of one common share of the Company and one Common Share purchase warrant. Each Warrant entitles its holder to purchase one Common Share [...]
Power Metals Corp. is pleased to announce that it has completed a brokered bought deal private placement of 6,900,000 units at a price of $0.50 per Unit for gross proceeds of $3,450,000 . Eight Capital acted as underwriter for the Offering. The Offering included Units issued on the exercise of the Underwriters' over-allotment option in full. Each [...]
Turquoise Hill Resources today announced that Oyu Tolgoi LLC has received, and is evaluating, a Tax Act for approximately US$155 million from the Mongolian Tax Authority relating to an audit on taxes imposed and paid by Oyu Tolgoi LLC between 2013 and 2015. Turquoise Hill is of the firm view that Oyu Tolgoi LLC has paid all taxes and charges [...]
Oyu Tolgoi meets 2017 production guidance; achieves record material mined and throughput Shaft 2 reaches final depth in December 2017 Turquoise Hill Resources today announced fourth quarter 2017 production for Oyu Tolgoi. Jeff Tygesen, Chief Executive Officer of Turquoise Hill, said, "Oyu Tolgoi had a strong fourth quarter setting quarterly and [...]
Osisko Mining is pleased to announce new results from the 2017 drill program at its 100% owned Garrison gold project located in Garrison Township, Ontario. Over 85,000 metres of new drilling have been conducted by Osisko at the Garrison Project since its acquisition in late 2015. A total of fifty-four new intercepts in twenty-eight holes are [...]
Sandy Lake Gold is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 10,000,000 units at a price of $0.055 per Unit to raise aggregate gross proceeds of up to $550,000. Each Unit shall consist of one common share of the Company and one share purchase warrant, with each such [...]
Manitou Gold Inc. today announced its winter exploration plans for its 100% owned Kenwest and Goudreau properties. The Kenwest Property is located in Northwestern Ontario, approximately 50 km south of Dryden. Manitou completed an initial bulk sample at the Kenwest property in late November . Manitou announced initial results including assays of [...]
Millrock Resources Inc. is pleased to provide an update on its exploration activities, an overview of the Company's goals and growth plans for 2018, as well as a review of 2017 accomplishments. Millrock continues to rigorously follow the Project Generator-Joint Venture business model and in 2017 took advantage of the numerous acquisitions it has [...]
Brixton Metals is pleased to provide an update on its Hog Heaven project data review and project development plans. Highlights from the 722 holes historically drilled: The Hog Heaven project represents a high-grade Ag-Au-Cu-Pb-Zn underground opportunity where gold and base metals add significant value on a Ag equivalent basis
Trevali Mining Corporation reports preliminary consolidated fourth quarter 2017 production of 104.8-million payable pounds of zinc, 13.5-million payable pounds of lead and 396,899 payable ounces of silver. Preliminary 2017 annual production was 177.4-million payable pounds of zinc, 45.8-million payable pounds of lead and 1,561,508 payable ounces of [...]
Angkor Gold Corp. CEO Mike Weeks is pleased to announce an additional diamond drill and regional exploration program at Halo on Angkor's Oyadao South license, in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation . "I am very pleased with the continued confidence that JOGMEC is showing in the exploration at [...]