Monday, May 17, 2021
Filo Mining drills 858 metres of 1.8% CuEq at Filo del Sol, Argentina

Filo Mining drills 858 metres of 1.8% CuEq at Filo del Sol, Argentina

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Filo Mining Corp. [FIL-TSXV, Nasdaq First North Growth Market; FLMMF-OTCQX] discovered a significant new zone of high-grade copper, gold and silver mineralization at the 100%-owned Filo del Sol project in San Juan province, Argentina. Drillhole FSDH041 returned the longest high-grade intersection to date in what is interpreted to be one of the feeder zones to…
Oil extends loss on India COVID-19 conditions, U.S. pipeline restart

Oil extends loss on India COVID-19 conditions, U.S. pipeline restart

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Author of the article: Reuters Jessica Jaganathan SINGAPORE — Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the United States resumed operations after being shut due to a cyber attack. Brent crude oil futures…
Renforth drills 14.1 metres of two.15 g/t gold at Parbec Project, Quebec

Renforth drills 14.1 metres of two.15 g/t gold at Parbec Project, Quebec

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Renforth Resources Inc. [RFR-CSE; RFHRF-OTC] updated shareholders on the results of PAR-21-130, the first hole from its 2021 drill program to be reported on from the Parbec Project, which was a successful twin of PAR-93-55, supporting the 1993 data. PAR-21-130 was a shallow 123-metre drill hole, entirely within the NI 43-101 May, 2020, resource estimate…
Glencore in deal to toughen Vanadium One’s Quebec mine

Glencore in deal to toughen Vanadium One’s Quebec mine

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Vanadium One Iron Corp. [VONE-TSXV; VDMRF-OTC; 9VR1-FSE] said Wednesday May 12 that it has entered into a long-term arrangement with a unit of Glencore Plc [GLEN-LSE] to support development of its 100%-owned Mont Sorcier vanadium-iron-titanium project near Chibougamau, Quebec. Vanadium One shares advanced on the news, rising 5.1% or $0.015 to 31 cents on volume…
Manitou Gold triples dimension of Goudreau drill program

Manitou Gold triples dimension of Goudreau drill program

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Manitou Gold Inc. [MTU-TSXV] said Wednesday May 12 that it plans to accelerate exploration on its 100%-owned Goudreau Project located along the eastern portion of the regional Baltimore deformation zone (BDZ) in northeastern Ontario about 50 km northeast of Wawa. The company said it is tripling the size of the 2021 drill program to 30,000…
Royal Helium discovers huge helium zone in Saskatchewan, shares up

Royal Helium discovers huge helium zone in Saskatchewan, shares up

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Royal Helium Ltd. [RHC-TSXV] made a significant helium discovery at the Climax helium project in southwest Saskatchewan. Royal discovered a 39-metre contiguous helium-bearing zone at Climax-3 in the basal Deadwood Regolith which was a previously unknown helium bearing sequence. The same Regolith zone was also intersected at Climax-2 and Royal has seismically mapped the Regolith…
GoGold Resources earns US$2.73-million in Q1

GoGold Resources earns US$2.73-million in Q1

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GoGold Resources Inc. [GGD-TSX; GLGDF-OTCQX] reported financial results for the quarter ending March 31, 2021, with revenue of $13.2-million (all amounts are in U.S. dollars) from the sale of 541,608 silver equivalent ounces which provided cash flow from operations of $3.3-million. “Parral had another great quarter, generating $6.3-million in free cash flow and $13-million for…
Asian Shares Erase 2021 Gains on Issues Over Inflation, Virus

Asian Shares Erase 2021 Gains on Issues Over Inflation, Virus

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Author of the article: Bloomberg News Min Jeong Lee (Bloomberg) — Asian stocks slumped, with the regional benchmark on track to enter a technical correction, as mounting worries over inflation and a resurgence in Covid-19 cases soured investor sentiment. The MSCI Asia Pacific Index slumped as much as 1.5%, taking losses from a Feb. 17…
Dore Copper fulfils choice settlement for Cornerback property, Quebec

Dore Copper fulfils choice settlement for Cornerback property, Quebec

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Dore Copper Mining Corp. [DCMC-TSXV; DRCMF-OTCQB] completed an option agreement with VanadiumCorp Resource Inc. [VRB-TSXV; APAFF-OTC; NWN-FSE] and has earned a 100% interest in the Cornerback property, which totals 2,100 hectares and surrounds the company’s flagship Corner Bay high-grade copper-gold project located in the southern portion of the Chibougamau mining camp, Quebec. Ernest Mast, president…
Spanish Mountain information PFS for Spanish Mountain, BC

Spanish Mountain information PFS for Spanish Mountain, BC

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Spanish Mountain Gold Ltd. [SPA-TSXV; SPAZF-OTC; S3Y-FSE] reported positive results of the prefeasibility study (PFS) for the 100%-owned Spanish Mountain gold project located in central British Columbia, Canada. The PFS, prepared in accordance with NI 43-101 Standards of Disclosure, delineates a Mineral Reserve within the near-surface/higher-grade portion of the Mineral Resource. All dollars figures are…