Sierra Metals Reports Strong Q3-2017 Financial Results at its Sociedad Minera Corona Subsidiary in Peru
Increased production of higher value ore, improved recoveries and improved metal pricing has positively impacted financial results
Tag: gold
Cartier Iron Announces Financing
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of up to 2,000,000 flow-through units of Cartier Iron at a price of $0.12 per unit (“F-T Units”) for proceeds of up to $240,000 and 7,000,000 non-flow-through units of Cartier Iron at a price of $0.10 per unit (“Units”) for additional proceeds of up to $700,000.
Cartier Iron Signs Definitive Agreement to Acquire a 100% Interest in the Big Easy Property, Newfoundland; Announces Change to Management
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that it has signed a Definitive Agreement to acquire a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), consisting of 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador, the details of which were announced by Cartier Iron on September 28, 2017. The Property is readily accessible from the Trans-Canada Highway and local roads. The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property.
Rye Patch Gold Receives $6.2 Million Bond Refund
Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) announces that further to its news release of October 30, 2017, payment of the bond refund of $6.2 million has now been received by the Company.
Falco Files Feasibility Study Technical Report for Horne 5 Project
Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Company”) is pleased to announce that it has filed today on SEDAR a National Instrument 43-101 technical report for its wholly-owned Horne 5 gold project located in Rouyn-Noranda, Québec. Falco’s news release dated October 16th, 2017 summarizes the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Falco’s news release dated October 16th, 2017 pertaining to this property, from those contained in the technical report filed today.
Rye Patch Gold (V.RPM) gets $6 million refund
Today’s news that Rye Patch Gold is getting a $6.2 million dollar refund on its reclamation bond with the State of Nevada is good news for a company which is already meeting its production expectations for its Florida Canyon and Standard mines.
Rye Patch Gold Renegotiates Bonds, Results in $6.2 Million Refund
Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) reports that it has renegotiated the terms for its approximately C$49 million (US$32.4 million) of reclamation bonds for the Company’s flagship Florida Canyon mine and the Standard Mine in the state of Nevada.
Victoria Gold Drills 607.8m @ 0.56 g/t Au including 40.2m @ 1.33 g/t Au at the Eagle Gold Project, Yukon
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the final two drillholes of a four hole drill program that targeted previously untested areas adjacent to, and below the 2016 Eagle Gold Mine Feasibility Study pit boundary, the Eagle Deep targets. These additional Eagle Deep holes returned a similar tenor of grade and intersection lengths as the first two Eagle Deep drillholes, demonstrating long runs of consistent gold mineralization and higher grade at depth.
First Mining Finance Provides Update on Permitting Activities for its Springpole Gold Project
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.