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“This has been a very exciting exploration season for us; as our VP Exploration,” Paul Gray says. “Every target we drill on the property, we find gold.” Based on the successful results across numerous targets, we are pleased to announce that the 2017 exploration budget has been more than doubled, from $6.2M to $12.5M. August 28 VIT press release
Goldcorp (TSX: G; NYSE: GG) has found a foothold in northwestern B.C.’s historic Golden Triangle region with a plan to inject $7.2 million into Colorado Resources (TSXV: CXO) to gain exposure to the junior’s 305 sq. km KSP gold-copper property.
Canadian based Telson Resources Inc. is advancing two gold, silver and base metal projects towards production over the coming months of 2017 and early 2018.
Just put up an article on NextSource Materials fully modular graphite processing plant to be built and then shipped to Madagascar. Modular mills and plants make a lot of sense for miners planning to operate in areas with minimal infrastructure. It keeps costs contained and requires very little specialized labour once it is up and running. The article originally ran in The Financial Post. We’ll be posting a number of FP articles on Motherlode for easy reference.
Resource Maven Gwen Preston announced over the weekend she’d be purchasing stock in Velocity Minerals Ltd. (VLC:TSX.V) at market open today (Aug. 21). She anticipated positive drill results from the company’s first holes at the Rozino project, located within the Tintyava prospecting and exploration license in southeast Bulgaria.
Klondike Gold was sent to the naughty corner for the paid article it had OilPrice.com.
Victoria Gold’s (CN:VIT) timing could be perfect. With gold-mining majors struggling to replace ounces through their internal exploration efforts, commentators are increasingly of the opinion that the market is entering a new phase of merger and acquisition activity. Victoria expects to be near the top of that list as few companies have a fully-permitted, shovel-ready gold project in a stable jurisdiction that will produce about 200,000 ounces of gold a year. And exploration at its Dublin Gulch property in Yukon, Canada continues to increase its scale potential to boot. go read the whole thing at the Mining Journal
Fresh from a series of financial transactions with Robert Friedland’s High Power Exploration, Mario Stifano CEO of Cordoba Minerals (V.CDB) has recommenced drilling at the high-grade, near-surface Alacran Deposit, located within the San Matias Copper-Gold Project.
Klondike Gold (V.KG) remains halted at 12:00 Vancouver time. Speculation as to the cause of the halt is keeping the bullboards buzzing. However, the one bit of hard fact which may be pertinent to the halt, a paid for article at Oilprice.com, is pretty factual.
As I write the share price of ATAC Resources (V.ATC) is up $0.06 to $0.64 on results from four holes drilled at the company’s Osiris Project at the Rackla Gold Property, Yukon.