Year: 2017

First Mining Finance Provides Update on Permitting Activities for its Springpole Gold Project

MotherlodeTV
First Mining Finance

First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to provide an update on the current and proposed future permitting activities at its 100%-owned Springpole Gold Project (“Springpole”) which is located approximately 110 kilometres east of Red Lake in northwestern Ontario.  On September 21, 2017, the Company released the results of an updated Preliminary Economic Assessment (“PEA”) on Springpole.  The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the project. read more

Golden Predator Drilling Confirms Continuity at 3 Aces Project

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to report results for 20 reverse circulation drill holes at the 3 Aces Project in southeast Yukon. Drill results have confirmed a doubling of the strike length of the Ace of Hearts vein with 600 m of continuity, and the extension of mineralization for 340 meters along the Hearts-Clubs Corridor. The 1.6 km Hearts-Clubs Corridor drill program, a component of the 2017 drill program, is designed to test and establish continuity along shear zones hosting gold-in-quartz veins.  A second parallel shear zone, below the Hearts-Clubs Corridor, was also established and confirmed with visible gold along a 450 m segment, additional drilling results are pending. read more

Pretium ramps up

JayCurrie
Canadian Mining

Excellent article from our friend Lesley Stokes over at The Northern Miner on Pretium (T.PVG) operations at its Brucejack Mine in Northern British Columbia. Pretium is now processing stope ore with grades running over 12 grams per ton. In the third quater overall, Pretium produced 82,203 oz. gold from 261,262 tonnes grading 10.52 grams gold per tonne. What is remarkable is that the all in sustaining cash cost of this production was US $446 per ounce. read more