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Purdy’s Reward sits within a granted Exploration Licence (E47/1745) which covers an area of 29km2
and sits approximately 16km east of Artemis’s fully permitted Radio Hill processing plant and
associated infrastructure. This exploration licence has heritage survey clearance and valid Programmes
of Works with the DMIRS.
Balmoral Resources Ltd. (TSX:BAR) is pleased to announce that it has entered into an agreement with PI Financial Corp. as lead agent on behalf of a syndicate of agents, pursuant to which the Agents have agreed to offer 4,225,000 national flow-through common shares of the Company at a price of C$0.71 per National FT Share for aggregate gross proceeds of C$2,999,750 read more at Balmoral
We’ve been talking to Paul Gill, President and CEO of Lomiko Metals (V.LMR), for several years as the company has evolved. Lomiko’s goal has always been to develop graphite properties in Quebec. But like many graphite producers, the questions of timing, grade, purity and CAPEX have all had impacts on Lomiko’s path forward.
MotherlodeTV.net is now live. We produce original material about the Canadian junior mining and exploration sector. We also act as a clearing house for news, press releases and video about junior resource companies.
Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan.
“The drill results continue to significantly expand the Taylor Sulfide and Taylor Deeps Zones and show higher zinc-lead-silver grades. It is clear that the expanded drill program continues to not only add tons to the ultimate size of the deposit, but more importantly, they are higher grade tons that should benefit the economics of the project,” said Chief Operating Officer Don Taylor.
TORONTO, Aug. 8, 2017 /CNW/ – Cautivo Mining Inc. (CSE:CAI) (“Cautivo” or the “Corporation“) and Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (NYSE American: SMTS) (“Sierra” and together with Cautivo, the “Parties“) are pleased to announce the completion today of the previously announced distribution (the “Distribution“) of Cautivo common shares (“Cautivo Shares“), issuance of rights (“Rights“) pursuant to Cautivo’s rights offering (the “Rights Offering“) and listing of the Cautivo Shares and the Rights on the Canadian Securities Exchange (the “CSE“).
SmallCapPower | August 4, 2017: Only 11 junior mining companies trading on Canadian stock exchanges have generated positive operating cash flow over the past 12 months. Investing in these cash-flow generating assets is much safer than speculating on junior gold companies that have not yet moved into production. When analyzing these cash-flow positive companies, it is important not to pay too much for an ownership stake. Today we have identified four Canadian junior mining stocks trading below the industry median 8x price/LTM operating cash-flow multiple. read more at Small Cap Power
The second leg of the precious metal miner bull appears to be just about ready to begin. The July trading action in the sector was typical for this time of year while the 12-month consolidation of the initial 179% impulse move in the GDX has traded sideways on historically low volume. Realized volatility in the global miner ETF has been in a downtrend since November, as market participants (who are not on vacation) have mostly ignored the miners while continuing to focus on the high-flying US equity market.
With the closing of the Coricancha acquisition, Great Panther expands its operations into Peru. In this interview with The Gold Report, CEO Robert Archer discusses the plans for operating Coricancha, the company’s growth strategy and his decision to step down as CEO. read more