Canadian Mining Journal Staff, Author at Canadian Mining Journal

GOLD: Gold Bullion advances Granada project

QUEBEC – Vancouver-based Gold Bullion Development Corp. continues to advance its Granada gold property 5 km south of Rouyn-Noranda. The company is focusing on grades above 2 g/t Au for the upcoming pre-feasibility study and expects the...

Canadian Mining Journal Staff | November 13, 2013 | 4:17 pm

FLUORSPAR: CFI drills five zones in single hole, including 39.9% CaF2 over 9.42 metres

NEWFOUNDLAND – It was the best of holes, says Canada Fluorspar (CFI) of St. John's. Hole GS-13-42 drilled in the AGS vein (formerly Grebes Nest) cored five separate intersections down dip. Assays from the hole (top to bottom) include...

Canadian Mining Journal Staff | November 13, 2013 | 4:13 pm

Hecla sees potential in junior explorers

VANCOUVER — The market landscape has shifted notably for juniors with exploration stage assets. And though equity markets remain tough, it has opened up opportunities for producers, like U.S.-based Hecla Mining (NYSE: HL), that are...

Canadian Mining Journal Staff | November 13, 2013 | 4:10 pm

COPPER-GOLD: Seabridge ranks Deep Kerr with world’s best

BRITISH COLUMBIA – According to owner Seabridge Gold of Toronto, the 2013 exploration results from the Deep Kerr drilling dramatically change the economic profile of the KSM (Kerr-Sulphurets-Mitchell) project 65 km northwest of Stewart.

Canadian Mining Journal Staff | November 12, 2013 | 3:08 pm

AWARD: NB developer of the year goes to Stratabound

FREDERICTON, NEW BRUNSWICK – Stratabound Minerals of Calgary got the nod as New Brunswick Developer of the Year following a unanimous vote by the New Brunswick Prospectors and Developers Association. The award was presented to Stratabound...

Canadian Mining Journal Staff | November 12, 2013 | 3:06 pm

FUNDING: BacTech turns to crowdfunding for Bolivian acid drainage remediation

TORONTO - BacTech Environmental Corp. has launched a crowdfunding campaign to raise capital for test work for the Telamayu tailings remediation project in Bolivia. The acid rock drainage (ARD) runoff from the abandoned tailings has been...

Canadian Mining Journal Staff | November 12, 2013 | 3:04 pm

Little-known Oceanus makes its mark in Mexico

Oceanus Resources (TSXV: OCN) is finding high grade gold and silver mineralization over significant widths on its 100%-owned Lajita property in the central portion of the Sierra Madre Occidental Province of Mexico.

Canadian Mining Journal Staff | November 12, 2013 | 3:03 pm

COMMENT: Ontario to create Ring of Fire development corporation

Last Friday in Thunder Bay, Ontario's Northern Development and Mines Minister Michael Gravelle announced that the province will establish a development corporation to move mining projects forward in the Ring of Fire. The province promises to...

Canadian Mining Journal Staff | November 11, 2013 | 4:15 pm

AWARD: Ontario Prospectors recognize Probe’s Borden gold find

SUDBURY, ONTARIO – The Ontario Prospectors Association has awarded its 2013 Ontario Prospector Award to Probe Mines Ltd. of Toronto for its Borden gold discovery. The award went to the exploration team that included David Palmer, Jack...

Canadian Mining Journal Staff | November 11, 2013 | 4:14 pm

GOLD: Santoy Gap numbers bump up Seabee reserves by 78%

SASKATCHEWAN – Claude Resources of Saskatoon has updated reserves at its Seabee gold operation 125 km northeast of La Ronge resulting in an increase of 78% in reserves thanks to results from the Santoy Gap zone.

Canadian Mining Journal Staff | November 11, 2013 | 4:11 pm

DIAMONDS: Mountain Province raises development money for Gahcho Ku

NORTHWEST TERRITORIES – Mountain Province Diamonds is undertaking a non-brokered private place to raise $25 million for work at the Gahcho Kué diamond project at Kennady Lake, 400 km northeast of Yellowknife. The company says the...

Canadian Mining Journal Staff | November 11, 2013 | 4:09 pm

COPPER: Copper Mountain to raise $30 million for secondary crusher

BRITISH COLUMBIA – Vancouver-based Copper Mountain Mining Corp. has entered into a bought deal with lead underwriter National Bank Financial to issue 17.7 million common shares at a price of $1.70 per share for gross proceeds of $30.09...

Canadian Mining Journal Staff | November 11, 2013 | 4:07 pm

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