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MONTREAL, QUEBEC–(Marketwired – Aug. 14, 2017) – TOMAGOLD CORPORATION (TSX VENTURE:LOT) (“TomaGold” or the “Corporation”) is pleased to announce the closing of the transaction with IAMGOLD Corporation (“IAMGOLD”) announced on August 10, 2017. As a result, TomaGold has issued 27,777,777 common shares to IAMGOLD for gross proceeds of $2,500,000 read rest of press release here
CONFERENCE CALL AUGUST 16, 2017 AT 10:30 AM (EDT)
SolGold (TSX: SOLG; USOTC: SLGGF; LON:SOLG) is building momentum at its 85%-owned Cascabel copper-gold project, 180 km north of Ecuador’s capital Quito. The company expects to ramp up from five to eight drill rigs before delivering its first inferred resource estimate at the property’s Alpala porphyry cluster later this year.
Vancouver, British Columbia / TheNewswire / August 14, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that the second shipment of lead and zinc concentrates processed at the Atocha mineral processing plant has been delivered to Mercuria Commodities Trading, S.A. de C.V. as per the concentrate purchasing arrangement first announced in the Company’s news release of July 6, 2017.
(Toronto, August 14, 2017) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in Urban Township, Abitibi, Québec. The current 400,000 metre drill program combines definition, expansion and exploration drilling in and around the main Windfall gold deposit and in the adjacent Lynx deposit (located immediately NE of Windfall). Significant new analytical results from 16 intercepts in 14 drill holes and wedges focused on infill and expansion drilling in the Underdog, Caribou, Zone 27 and the Mallard corridors are presented below.
If Artemis survives for the next 100 years, it will be the very best deal they will have ever done. Quinton Hennigh has literally handed them a gold mine. He took a piece of ground they put no value on and applied his theory to show that the potential is large indeed.
The company’s stock nearly tripled from 96¢, only to gain another 33¢ to $3.15 per share on Aug. 8, when assay results of a 700-kg bulk sample delivered 87.8 grams gold per tonne and 46.1 grams per tonne.
Legendary diamonds have long been associated with imperial dynasties. Now, just as a new book promises to revive interest in the multi-empire story of the fabled Koh-i-Noor gem, Alrosa has unveiled a suite of five stones commemorating great families of old Russia. In doing so, the mining giant marks a new emphasis not just on extracting exceptional stones, but cutting and polishing them too. The company says it will use state-of-the-art techniques to revive traditions dating back to Peter I.
“This is an era of unprecedented change, it’s really happening,” Friedland said. “The handwriting is on the wall. For those of you who deny this phenomenon, you’re going to miss this massive disruption opening soon at a theatre near you.”
Large-cap gold companies are in crisis mode—that’s the truth. Most of them have operational costs, which are near or at $1,250, so they’re employing thousands of workers daily, dwindling their only asset, gold, and at the end of the day, they have little to show for it.