HighGold Mining

LATEST MINING NEWS

Go Metals Responds to Shareholder Inquiries
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2020) - Go Metals Corp. (CSE: GOCO) ("Go Metals" and/or the "Company") responds to shareholder inquiries prompted by trading in the Company's shares on Friday. The Company confirms that there has been no material change in its affairs. The Company recently received preliminary chemical results from MS Analytical concerning the drilling program at the Yukon Monster... Read more
First Cobalt Files Final Base Shelf Prospectus
TORONTO, Nov. 27, 2020 /CNW/ - First Cobalt Corp. (TSX-V: FCC) (OTCQX: FTSSF) (the "Company") announces that it has filed a final short form base shelf prospectus (the "Final Shelf Prospectus") with the securities regulators in all provinces and territories of Canada.  The Final Shelf Prospectus allows the Company to make offerings of common shares, subscription receipts, warrants, units or any combination thereof for... Read more
Northern Vertex Mining Reports Record Quarterly Production, Revenue and Adjusted EBITDA
VANCOUVER, BC, Nov. 27, 2020 /CNW/ - Northern Vertex Mining Corp. (TSX: NEE) ("Northern Vertex" or the "Company") is pleased to announce record production of 14,673 gold equivalent ounces, record revenue of $26.8 million and record adjusted EBITDA of $13.5 million for the quarter ended September 30 ("FY Q1 2021") from the Company's 100% owned Moss Gold Mine in NW Arizona. All figures are expressed in U.S. dollars unless... Read more
Exploits Discovery Corp. Announces Acquisition of the Katie Gold and VMS Project through Land Release Staking and Consolidates Great Bend Project
Vancouver, British Columbia - TheNewswire - November 27th, 2020 - Exploits Discovery Corp. ("Exploits" or the "Company") (CSE:NFLD) (CNSX:NFLD.CN) (OTC:RNRRF) (FSE:634-FF) announces that it has secured title to the 26 square kilometre Katie Project which lies within the Company's Great Bend Project in the Exploits Subzone Gold Belt, Newfoundland. The Katie Project has significant gold and Volcanogenic Massive Sulfide (VMS)... Read more
RJK Explorations Ltd. Receives Stripping, Pitting and Trenching Permits for Three Kimberlites and Initiates a Four Ton Sample from the Paradis Pond Kimberlite Discovery
Kirkland Lake, Ontario--(Newsfile Corp. - November 27, 2020) - RJK Explorations Ltd. (TSXV: RJX.A) (OTC: RJKAF) ('RJK' or 'the Company') is pleased to announce that permits for stripping, pitting, trenching and ground geophysics have been received for the Paradis, Robin's Place, and Gleeson kimberlites, to take samples in areas greater than 100m2, within a 200m radius, enabling the company to take large tonnage samples. RJK... Read more
Stellar AfricaGold Closes Acquisition of 770 Km2 Gold Permits in Cote d'Ivoire
Vancouver - TheNewswire - November 27, 2020 John Cumming, President and CEO of Stellar AfricaGold Inc., (TSXV:SPX) ("Stellar" or the "Company") announces: Closing of Priko and Zenoula Permits Acquisition Stellar and Altus Strategies PLC have closed the acquisition agreement for two gold permits, the fully issued Priko permit and the pending Zenoula permit, totaling approximately 770 km2 in Cote d'Ivoire. Stellar has acquired... Read more
TMAC Resources Announces Extension Notice for National Security Review of Transaction with Shandong Gold Mining Co., Ltd.
TORONTO / Nov 27, 2020 / Business Wire / TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) announces that the national security review under the Investment Canada Act (Canada) of the plan of arrangement (the “Transaction”) with Shandong Gold Mining Co., Ltd. and its affiliate (“Shandong” or the “Purchaser”) has been extended for a further period of up to 45 days. The Transaction was agreed and... Read more
Granite Creek Copper Completes Acquisition of Copper North Mining and Consolidates Southern Portion of Minto Copper Belt in Yukon, Canada
VANCOUVER, BC / ACCESSWIRE / November 27, 2020 / Granite Creek Copper Ltd. (TSXV:GCX) (OTC PINK:GCXXF) ("Granite Creek" or the "Company") and Copper North Mining Corp. (COL) ("Copper North") are pleased to announce that, further to their news release dated August 31, 2020, Granite Creek has completed its acquisition of Copper North. The transaction combines Copper North's PEA-stage Carmacks Copper-Gold Project with Granite... Read more
Nubian Resources Completes Acquisition of Yandoit Advanced Gold Project in Victoria, Australia
TORONTO, Nov. 27, 2020 /CNW/ - Nubian Resources Ltd. (TSXV: NBR) ("Nubian" or the "Company") is pleased to announce that further to the Company's press release of November 23, 2020, the Company has completed its acquisition of a 60% interest in the Yandoit Gold Project (the "Project"), situated in the historic Daylesford gold corridor of central Victoria, Australia.  The Project consists of approximately 38 square... Read more
Major Precious Metals Completes Skaergaard Acquisition in Greenland
VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to announce that it has completed the acquisition of a one-hundred-percent interest in the Skaergaard Project (“Skaergaard”) located on the east coast of Greenland (the “Acquisition”). The Acquisition was completed pursuant to... Read more
Condor Resources and Chakana Copper Amend Soledad Agreement
VANCOUVER, BC / ACCESSWIRE / November 27, 2020 / Condor Resources Inc. - ("Condor" or the "Company") (TSXV:CN) is pleased to announce that Condor and Chakana Copper Corp. ("Chakana") have agreed to a four month extension to the April 2017 agreement between their respective Peruvian subsidiaries. Under the original agreement, the final payment of US$4.625m by Chakana to Condor is due December 23, 2021. By mutual agreement,... Read more
Altus Strategies plc Completes Gold Royalty & Equity Deal in Ivory Coast
DIDCOT, UNITED KINGDOM / ACCESSWIRE / November 27, 2020 / Altus Strategies Plc ("Altus" or the "Company") (AIM:ALS) (TSX-V:ALTS) (OTCQX:ALTUF) announces the completion of the sale of the Prikro and Zenoula gold projects ("Projects") located in the Republic of Côte d'Ivoire ("Ivory Coast") to TSX-V listed Stellar Africa Gold Inc. ("Stellar") in return for equity and warrants in Stellar, a Net Smelter Returns ("NSR") royalty... Read more
Sun Peak Metals Corp Provides Update on Crisis in Ethiopia
VANCOUVER, BC / ACCESSWIRE / November 27, 2020 / Sun Peak Metals Corp (the "Company" or "Sun Peak", (TSXV:PEAK) reports that a state of emergency declared on November 4, 2020 in the Tigray Region by the Federal Democratic Republic of Ethiopia government remains in place. Sun Peak has invoked force majeure on all four of the exploration licenses comprising the Shire Project by notification to Ethiopia's Ministry of Mines and... Read more
Meridian Mining Announces C$4.25 Million Private Placement
Meridian to finance its Cabacal copper-gold drill program London, United Kingdom--(Newsfile Corp. - November 27, 2020) - Meridian Mining SE (TSXV: MNO) ("Meridian" or the "Company") today announces a non-brokered private placement financing of up to 21.25 million units at $0.20 per unit ("Unit") for gross proceeds of up to $4,250,000 (the "Capital Raise"). Each Unit will consist of one common share of Meridian and one half... Read more
Blue Star Gold Announces C$2 Million Non-brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) - Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP) (the "Company") announces that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it proposes to issue up to 25,000,000 units (the "Units") at a price of $0.08 per Unit through a non-brokered private placement (the "Private Placement") to raise up to $2,000,000 in gross proceeds. Each... Read more
LAURION Mineral Exploration Inc. Announces New Non-brokered Private Placement of Units
TORONTO, Nov. 27, 2020 /CNW/ - LAURION Mineral Exploration Inc. (TSXV: LME) (OTCPINK: LMEFF) ("LAURION" or the "Corporation") today announced that due to strong interest in its previous, fully-subscribed financing whereby certain prospective investors were unable to participate, the Corporation is proposing to complete a new flow-through and non flow-through private placement on a non-brokered basis (the... Read more
Universal Copper Closes Private Placement for $517,040 With a Lead Order from Palisades Goldcorp
VANCOUVER, BC / ACCESSWIRE / November 27, 2020 / Universal Copper Ltd. ("UNV", "Universal Copper" or the "Company") (TSXV:UNV) is pleased to announce that further to its news release on October 26, 2020, the Company has closed an over-subscribed Private Placement of 8,617,335 Units ("Units") at $0.06 per Unit for gross proceeds of $517,040.10. Each Unit is comprised of one common share at $0.06 per common share and one... Read more
Reunion Gold Announces Appointment of Carlos Bertoni as Acting CEO
LONGUEUIL, Québec, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Reunion Gold Corporation (TSX-V: RGD) (the "Company") reports that Réjean Gourde, the Company’s President and CEO is taking a temporary leave of absence from his duties, in order to address recently discovered health issues. The length of Mr. Gourde's leave will be determined by his overall health and medical progress. In a statement, Mr. Fennell said that “Mr.... Read more
Niobay Metals Files Positive James Bay Niobium PEA
MONTREAL, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Niobay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) announces that further to its news release dated October 13th “James Bay Niobium PEA Delivers and After-tax NPV(8%) of $1.0 billion and IRR of 27.5%”, it has today filed the associated National Instrument 43-101 (“NI 43-101”) technical report for its wholly-owned James Bay Niobium project (the... Read more
St. Augustine Announces a Debt Conversion of $3.5 Million
Singapore--(Newsfile Corp. - November 27, 2020) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce that it has entered into an agreement with its creditor and major shareholder Queensberry Mining and Development Corp. ("Queensberry") whereby the Company has agreed to convert approximately CAD$3,346,087.48 of the amount owing to Queensberry into 71,222,316 common... Read more
American Creek Resources Provides Update and Information on Annual General & Special Shareholder Meeting
Cardston, Alberta--(Newsfile Corp. - November 27, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - announces that with respect to its annual general and special meeting (the "Meeting") of shareholders ("Shareholders") scheduled to take place on Thursday, December 3, 2020 in Vancouver, British Columbia, the Company is encouraging Shareholders and proxyholders not to attend the Meeting in... Read more
Metals Creek Resources Options Flint Lake to Manning Ventures and Amends Terms of Squid East Option Agreement
Thunder Bay Ontario--(Newsfile Corp. - November 27, 2020) - Metals Creek Resources Corp. (TSXV: MEK) (the "Company" or Metals Creek) is pleased to announce that the company has signed an option agreement (the agreement) with Manning Ventures Inc, (CSE: MANN) ("Manning") whereas Manning has the right to earn a 100% interest of Metals Creeks 81.3 % interest in the Flint Lake project. In order to exercise the Flint Lake... Read more
Mkango Resources Releases Financial Statements and Management’s Discussion and Analysis for the Period Ending September 30, 2020 and Announces Change of Auditor
LONDON and VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending September 30, 2020. The reports are available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website... Read more
First Vanadium Corp. Provides Update and Information on Annual General Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) - First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) ("First Vanadium" or the "Company") announces that with respect to its annual general meeting (the "Meeting") of shareholders ("Shareholders") scheduled to take place on Thursday, December 10, 2020 in Vancouver, British Columbia, the Company is encouraging Shareholders and proxyholders not to attend... Read more
Affinity Metals Provides Update and Information on Annual General Meeting
Cardston, Alberta--(Newsfile Corp. - November 27, 2020) - Affinity Metals Inc. (TSXV: AFF) (the "Company" or "Affinity") announces that with respect to its annual general meeting (the "Meeting") of shareholders ("Shareholders") scheduled to take place on Thursday, December 3, 2020 in Vancouver, British Columbia, the Company is encouraging Shareholders and proxyholders not to attend the Meeting in person, particularly if... Read more
Angus Gold Completes Property Acquisition from Argo Gold
TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce that it has completed the acquisition of the Macassa Creek, Mishi Lake and Abbie Lake Properties (the “Properties”) from Argo Gold Inc. (“Argo”) previously announced in the Company’s November 16, 2020 news release. Under the terms of the purchase agreement, Argo received a... Read more
SKRR Exploration Announces DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) - SKRR Exploration Inc. (TSXV: SKRR) (OTC Pink: SKKRF) (FSE: B04Q) ("SKRR" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages... Read more
Golden Independence Announces Acceleration of Expiry Date of Warrants
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) -  Golden Independence (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NN) (the "Company") announces today it has elected to exercise its right under the terms and conditions of the common share purchase warrants of the Company issued on September 29, 2020 (the "Warrants") to accelerate the expiry date of the Warrants. The original expiry date of the Warrants was... Read more
ArcPacific Resources Private Placement and Rickard Gold Property Patents Transaction
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) -  ArcPacific Resources Corp. (TSXV: ACP) ("ACP" or the "Company") is pleased to announce it has closed a non-brokered private placement of flow-through units (the "FT Offering") and non-flow-through units (the "NFT Offering") (together, the FT Offering and NFT Offering are the "Private Placement") for combined gross proceeds of $1,400,000 as set out... Read more
Falco Resources Completes Extension of Maturity of Its Senior Loan
MONTREAL, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) is pleased to announce the successful completion of its previously announced extension to the maturity of the Corporation’s existing senior secured loan (the “Senior Loan”) with Osisko Gold Royalties Ltd (“Osisko”) from December 31, 2020 to December 31, 2022. Senior Loan Amendment Under the... Read more
Lundin Mining Announces New Collective Agreement with Candelaria Mine Workers Union
TORONTO, Nov. 27, 2020 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announced today the Candelaria Mine Workers Union (the "Union"), which represents approximately 350 workers at its Candelaria operation in Chile, has ratified a new 35-month collective agreement. The safe ramp up of Candelaria to full capacity is now underway. The Company intends to... Read more
Kaizen Discovery Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) -  Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain employees and consultants to purchase up to an aggregate of 9,600,000 common shares in the capital stock of the company. The options are exercisable at a price of $0.05 per... Read more
Saint Jean Carbon Announces $122,500 Private Placement
OAKVILLE, Ontario, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 3,500,000 common shares in the capital of the Company (the “Shares”) at a price of $0.035 per Share for gross proceeds of up to $122,500 (the “Offering”). The Shares are subject to a four... Read more
Richmond Minerals Inc. Increases Previously Announced Private Placement to C$115,000
TORONTO, Nov. 27, 2020 /CNW/ - Richmond Minerals Inc. (TSXV: RMD) ("Richmond" or the "Company") is pleased to announce that, due to investor demand, it will upsize its non-brokered private placement (the "Offering") of flow-through units ("FT Units") previously announced in the Company's November 2, 2020 news release. The Offering will now consist of the sale of 1,916,666 FT Units at a price of C$0.06 per FT Unit... Read more
Cypress Development Announces Extension to Nevada Option Agreement with Pasinex
VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) announces the Company has reached an agreement with Pasinex Resources Limited (CSE: PSE) (“Pasinex”) and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on Cypress’ Gunman (formally Spur) zinc exploration... Read more
Skeena Resources Announces Grant of Incentive Stock Options
VANCOUVER, BC / ACCESSWIRE / November 27, 2020 / Skeena Resources Limited (TSX:SKE)(OTCQX:SKREF) ("Skeena" or the "Company") announces that the Board of Directors granted 5,470,000 incentive stock options to directors, officers, employees and consultants of the Company in accordance with the Company's incentive stock option plan, subject to regulatory acceptance. These incentive stock options vest over two years with one... Read more
Pasinex Resources Announces Extension To Nevada Option Agreement
TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) announces that they have reached an agreement with Cypress Development Corp. (“Cypress”) and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on the Gunman (formerly Spur) zinc exploration property in Nevada, USA. The agreement extends the deadline to complete... Read more
Patagonia Gold Third Quarter 2020 Financial Results
VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) is pleased to announce its unaudited results for the fiscal period ended September 30, 2020 (“Q3 2020”). The financial statements together with the management’s discussion and analysis are available on the Company’s website and on SEDAR at www.sedar.com. Highlights Revenue of... Read more
Ely Gold Royalties Announces Town Hall Meeting - December 1, 2020
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2020) -  Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company") is pleased to announce that it will be conducting a Town Hall Meeting on December 1, 2020 at 11:00 am EST. Mr. Wasser will provide a corporate update on recent developments at the company, with particular emphasis placed on the company's recent Watershed (Cote Lake),... Read more
GT Gold Reports Third Quarter 2020 Financial Results
VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) -- GT Gold Corp. (TSX-V:GTT ; OTCQX:GTGDF) (the “Company” or “GT Gold”) reports its unaudited financial results for the quarter ended September 30, 2020.  Copies of both the Financial Statements and the Management’s Discussion & Analysis may be obtained on the Company’s website at www.gtgoldcorp.ca or under the Company profile on... Read more
Altus Strategies plc: Quarterly Report and Financial Statements
DIDCOT, UK / ACCESSWIRE / November 27, 2020 / Altus Strategies Plc (AIM:ALS) (TSXV:ALTS) (OTCQX:ALTUF) announces that it has published its unaudited financial results for the three and nine month periods ending 30 September 2020 and its Management's Discussion & Analysis for the three month period ending 30 September 2020. These documents have been posted on the Company's website at... Read more
Sokoman Minerals Announces Stock Option Grant
ST. JOHN'S, NL / ACCESSWIRE / November 27, 2020 / Sokoman Minerals Corp. (TSXV:SIC) (OTCQB:SICNF) (the "Company" or "Sokoman") today announces a stock option grant to officers, directors, employees and consultants of the Company, subject to TSX Venture Exchange approval, for up to a total of 3,000,000 common shares of the Company. These stock options are exercisable for five years at an exercise price of Cdn $0.22 which... Read more
Genesis Metals Drills 13.03 g/t Gold over 10.74 Metres at Main Zone in Phase II Drilling at Chevrier Gold Project, Quebec
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2020) -  Genesis Metals Corp. (TSXV: GIS) ("Genesis" or the "Company") today reports assay results from the first 10 holes (1,779 metres) drilled as part of its recently completed 2020 Phase II (24 hole, 6,208 metre) diamond drilling program. The Chevrier Gold Project is located in the eastern Abitibi Greenstone Belt of Central Quebec; drilling results from the... Read more
Cross River Ventures Doubles Land Position at the McVicar Lake Gold Project in NW Ontario
Additional 4,360-ha boosts overall project area to over 8,000-ha Vancouver, British Columbia--(Newsfile Corp. - November 26, 2020) - Cross River Ventures Corp. (CSE: CRVC) (FSE: C6R) (the "Company") is pleased to announce that it has further expanded its project holdings in Northwestern Ontario through the acquisition of a series of additional mineral claims (the "Mineral Claims") comprising approximately 4,360 hectares... Read more
Exclusive Interview: Revival Gold (TSX.V: RVG) President and CEO Hugh Agro
Toronto, ON / November 26, 2020 / Junior Mining Network / Revival Gold Inc. (TSXV: RVG) (OTCQB: RVLGF) is advancing the largest past-producing mine in Idaho with plans fast track it back into production. The Beartrack-Arnett gold project, located in central Idaho, recently released a positive phase one Preliminary Economic Assessment that outlined production of 72,000 ounces of gold annually over an initial seven-year mine... Read more
Nighthawk Gold Intersects 141.80 Metres of 2.11 Gpt Au (Uncut), Including 31.05 Metres of 4.06 Gpt Au
TORONTO, ON / ACCESSWIRE / November 26, 2020 / Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX:NHK) (OTCQX:MIMZF) is pleased to report assay results for three (3) drill holes (1,707 metres) completed at Zones 2.0 and 3.0 of the Colomac Main Sill, part of the Colomac Gold Project ("Colomac") centrally located within its Indin Lake Gold Property, Northwest Territories, Canada (Figure 1; Table 1). Dr. Michael Byron,... Read more
Talisker Resources Intersects 995 g/t Gold Over 0.5 Metres within 227.55 g/t Gold Over 2.25 Metres at the Bralorne Gold Project
TORONTO, Nov. 26, 2020 /CNW/ - Talisker Resources Ltd. ("Talisker" or the "Company") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce assay results from holes SB-2020-010, SB-2020-017A, SB-2020-107AW1, SB-2020-018 and SB-2020-019 from its ongoing drill program at the Bralorne Gold Project in British Columbia. Key Points: Latest results confirm structural continuity of the 51, 52, 53, 55, 55 Splay, 55HW, 79 vein... Read more
Newcore Gold Intersects 1.38 g/t Gold Over 45.0 Metres, Including 6.25 g/t Gold Over 6.0 Metres, at the Enchi Gold Project, Ghana
VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU) is pleased to announce additional results from the drill program underway on the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. Drilling has intersected 1.38 grams per tonne gold ("g/t Au") over 45.0 metres ("m") from 8 m, including 6.25 g/t Au over 6.0 m from 47 m, at... Read more
Surge Copper Drills 0.72% Copper Equivalent Over 176.1 Metres At Ootsa Including 0.89% Copper Equivalent Over 126 Metres
VANCOUVER, BC, Nov. 26, 2020 /CNW/ - Surge Copper Corp. (the "Company" or "Surge Copper") (TSXV: SURG), is pleased to announce assay results for the upper portion of hole S20-218, the first hole of the 2020 drilling program at the Company's 100% owned Ootsa Property in British Columbia. A 10,000 metre drill program is currently underway along the gold rich Seel Trend at Ootsa. One drill is focused on testing the... Read more
Kesselrun Resources Prepares for Further Drilling and Provides Update on Brokered Private Placement
Thunder Bay, Ontario--(Newsfile Corp. - November 26, 2020) -  Kesselrun Resources Ltd. (TSXV: KES) ("Kesselrun" or the "Company") is pleased to provide final results from the initial drill program on the Huronian Gold Project as it prepares for the next phase of drilling. Results reported are from the McKellar and Huronian Zones. Highlights High grade plunging shoot intersected at McKellar assayed 22.6 g/t over 1.0... Read more
Namibia Critical Metals Heavy Rare Earth Project - Area 4 Strike Length Extended by 60% and First Satellite Deposit Successfully Drilled for Planned Resource Update
HALIFAX, NS / ACCESSWIRE / November 26, 2020 / Namibia Critical Metals Inc. ("Namibia Critical Metals" or the "Company" or "NMI") (TSXV:NMI) is pleased to provide an update on progress on the Lofdal Heavy Rare Earth Project in northern Namibia "Lofdal" or "the project"). Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation ("JOGMEC") which is operating under a Term 1 budget of... Read more
Orla Mining Provides Construction Update for Camino Rojo Oxide Gold Project
VANCOUVER, BC, Nov. 26, 2020 /CNW/ - Orla Mining Ltd. (TSX: OLA) ("Orla" or the "Company") is pleased to announce the start of earth moving activities at its Camino Rojo Oxide Gold Project ("Camino Rojo") located in Zacatecas State, Mexico. "The start of earth moving on site marks another important milestone in the development of Camino Rojo made possible through the collective efforts of our team and stakeholders," stated... Read more
Midland Exploration Inc. and its Partners Complete Several Exploration Programs on High-priority Targets in the Abitibi Region
MONTREAL, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce the completion of several exploration programs on its active projects in the Abitibi region. These gold projects are located in the Detour Lake belt (Sunday Lake and Lower Detour faults), in an area southwest of Chapais, and along the prolific Cadillac Break. In the Detour Lake belt, several exploration... Read more
Anaconda Mining Provides an Update on the Goldboro Gold Project Optimization Process and Mineral Resource
TORONTO, ON / ACCESSWIRE / November 26, 2020 / Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX:ANX) (OTCQX:ANXGF) is pleased to provide an update on its 100%-owned Goldboro Gold Project ("Goldboro" or the "Project") in Nova Scotia, Canada. The Company, working closely with its external consultant Nordmin Engineering Inc., initiated optimization work on the Project earlier in the year based on opportunities identified... Read more
Golden Goliath Resources: Drilling on South Trend Reveals New Geologic Picture, Source of Gold Grains in Basal Till Still Being Investigated on Kwai Project, Red Lake, Ontario
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2020) - Golden Goliath Resources Ltd. (TSXV: GNG) (OTC Pink: GGTHF) (FSE: GGZ) has completed the first 14 drill holes of a 6,000m drill program on its Kwai property in the Red Lake mining district. The 14 holes completed to date on the West Grid total 3527 metres. The program is fully funded and the Company will still have sufficient working capital to increase the... Read more
ArcWest Exploration Inc. Provides Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2020) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to provide an update on partner funded exploration activities, which include the following: A first phase drill program, airborne geophysical survey and satellite hyperspectral survey at Todd Creek (completed; results pending), funded by partner P2 Gold Inc. The Todd Creek project is located 35... Read more
Trigon Metals Renews Environmental Clearances for Exploration Activities in Namibia
TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Trigon Metals Inc. (TSX-V:TM) (“Trigon” or the “Company”) is pleased to announce that it has been granted the renewal of its Environmental Clearance Certificate (“ECC”) for exploration activities on all of the Namibian Mining Licences (“ML”) Gross Otavi, Asis (including the Kombat Central, Kombat West and Kombat East deposits), Asis Far West (including the Asis West,... Read more
Infinite Ore Conducts VTEM Plus Survey Extends and Reprices Warrants
VANCOUVER, BC / ACCESSWIRE / November 26, 2020 / Infinite Ore Corp. (the "Company") (ILI-TSX:V) (OTCQB:ARXRF) is pleased to announce that it will conduct a VTEM Plus geophysical survey on its Eastern Vision project located in the Red Lake, Ontario Gold Belt. Eastern Vision covers large parts of the Birch-Uchi greenstone belt to the east of the high-grade gold discovery on the Dixie property held by Great Bear Resources Ltd.... Read more
CBLT Inc. Enters LOI to Buy 70% of Werner Lake and Updates Hemlo Operations
Burlington, Ontario--(Newsfile Corp. - November 26, 2020) -  CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has entered into a Letter of Intent (the "LOI") to buy the 70% majority interest in the Werner Lake Copper-Cobalt-Gold Project ("Werner Lake") from Global Energy Metals Corporation ("GEMC"). Readers are directed to GEMC's website for details and documents related to Werner Lake... Read more
Roxgold Utilizes Pre-emptive Rights to Buy Back 0.3% NSR on the Séguéla Gold Project
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E3 Metals: Livent Opts Out of the Joint Development Project Due to Resource and Capital Considerations
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Sun Metals Closes Acquistion of Lorraine Project
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Jervois Mining Awards Engineering Contracts to Progress ICO and SMP Nickel-Cobalt Refinery
HIGHLIGHTS Following completion of a Bankable Feasibility Study ("BFS"), Jervois has approved the appointment of M3 Engineering ("M3") to progress detailed engineering at Idaho Cobalt Operations ("ICO") Detailed engineering will support ordering long lead items for ICO, with US$4.7 million expenditure approved to end March 2021. This work package ensures ICO remains on schedule for first product in... Read more
Copper Mountain Mining Closes C$17.25 Million Bought Deal Offering of Common Shares
VANCOUVER, BC, Nov. 26, 2020 /CNW/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) ("Copper Mountain" or the "Company") is pleased to announce that it has closed its previously announced bought deal offering of common shares (the "Offering") led by Industrial Alliance Securities Inc. with a syndicate of underwriters including Cormark Securities Inc., National Bank Financial Inc., BMO Capital Markets and... Read more
Eskay Mining Announces Upsize of Private Placement to $11.5 Million
TORONTO, ON / ACCESSWIRE / November 26, 2020 / Eskay Mining Corp. ("Eskay" or the "Company") (TSXV:ESK) (OTCQB:ESKYF) (Frankfurt:KN7) (WKN:A0YDPM) is pleased to announce that it amended its agreement with Echelon Wealth Partners Inc. and Eight Capital as co-lead agents (the "Agents") to increase the size of its previously announced "best efforts" private placement offering to up to approximately $11,500,000 of units (the... Read more
Sirios Resources Inc.: Announcement of a $2,100,000 financing
MONTREAL, Nov. 26, 2020 (GLOBE NEWSWIRE) -- SIRIOS RESOURCES INC. (TSX-V: SOI) announces its intent to undertake a non-brokered private placement with accredited investors. The placement consists of a maximum of 14,000,000 units for an amount of $2,100,000. This private placement has been conditionally approved by the TSX Venture Exchange. Each unit price is $0.15 and consists of one common share and one-half warrant.... Read more
Canada Silver Cobalt Works Closes $4.9M Flow-Through Private Placement
COQUITLAM, BC, Nov. 25, 2020 /CNW/ - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada Silver Cobalt") announces that the Company has closed a non-brokered private placement by way of issuing 4,288,778 flow-through units ("FT Units") at a price of $0.63 per FT Unit raising gross proceeds of $2,701,930.  The Company will also be issuing 3,308,824 Quebec FT Units at a... Read more
Metallic Minerals Announces Closing on $3 Million in Oversubscribed Flow-Through Private Placement
VANCOUVER, BC / ACCESSWIRE / November 26, 2020 / Metallic Minerals Corp. (TSXV:MMG) (OTC PINK:MMNGF) ("Metallic" or the "Company") announces the Company has closed its recently announced non-brokered private placement resulting in gross proceeds of $3 million through the issuance of 3,896,104 flow-through common shares (the "FT Common Shares") of the Company at a price of $0.77 per FT Common Share (the... Read more
Montero Mining and Exploration Ltd. Announces Upsize of Non-Brokered Private Placement to $2.5 Million
TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is pleased to announce that it has increased its previously announced non-brokered private placement offering (the “Offering”) to up to $2,500,000, composed of the sale up to 16,666,666 units (“Units”) at a price of $0.15 per Unit. Closing of the Offering is expected to occur on or... Read more
Baselode Energy Announces C$1 Million Flow-Through Private Placement
TORONTO, Nov. 26, 2020 /CNW/ - Baselode Energy Corp. ("Baselode" or the "Company") (TSXV: FIND) is pleased to announce a non-brokered private placement of up to 2,500,000 flow-through units (the "FT Units") of the Company at a price of C$0.40 per FT Unit for gross proceeds of up to C$1.0 million (the "Offering"). Each FT Unit shall be comprised of one flow-through share in the capital of the Company (each a "FT Share") and one... Read more
Yorbeau Resources Closes C$1.5 Million Non-Brokered Private Placement
MONTREAL, Nov. 26, 2020 /CNW Telbec/ - Yorbeau Resources Inc. (TSX: YRB) (the "Company" or "Yorbeau") is pleased to announce that it has completed a fully-subscribed private placement (the "Private Placement") by issuing 23,076,923 Class A common shares at a price of $0.065 per share for gross proceeds of $1,500,000. The Company will use the proceeds raised from the issue of the flow-through Class A common shares to incur... Read more
Gold79 Mines Announces Closing of Private Placement Financing
Ottawa, Ontario--(Newsfile Corp. - November 26, 2020) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces that it has closed its non-brokered private placement financing raising gross proceeds of $288,500 with the issuance of a total of 2,885,000 units at $0.10 per unit (the "Offering"). Each unit consists of one common share of the Company and one-half common share purchase warrant. A total of 1,442,500... Read more
Baru Gold Appoints Community Development & Government Relations Manager
November 26, 2020 - TheNewswire - Vancouver, BC - Baru Gold Corporation (TSXV:BARU) (OTC:EAIAF) is pleased to announce the appointment of Mr. Priya Husada as Community Development and Government Relations Manager for the Sangihe project in Indonesia. For more than 18 years Mr. Husada has been involved in various areas related to stakeholder's issues working with a number of leading multinational mining companies, including... Read more
Robex Resources Inc. Reaches A New Record Quarterly Turnover of CAD 45.9 Million
QUEBEC CITY, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Robex Resources Inc. (“Robex” or “the Company”) (TSXV: RBX/FWB: RB4) is pleased to report its financial results for the quarter ending September 30, 2020. All amounts presented are in Canadian dollars (CAD). Highlights of the third quarter of 2020: GOLD SALES INCREASED BY 80% Over the third quarter of 2020, 18,121 ounces of gold have been sold for a total of... Read more
Perseus Mining Limited: Annual General Meeting Results
PERTH, Western Australia, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) wishes to release the results of its Annual General Meeting, held virtually on November 26, 2020 at 6pm AWST. All seven resolutions were decided on a poll and passed. In accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act, details are as follows: Resolutions voted on at the meeting If... Read more
Dynacor Gold Mines Declares its Q4-2020 Quarterly Dividend
MONTREAL, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) is pleased to announce the declaration of a dividend payment of CA $0.015 per common share which will be payable on January 5th, 2021, to shareholders of record as of the close of business on December 16, 2020. This dividend represents the 10th quarterly dividend payment made to shareholders. The Corporation’s... Read more
Perseus Mining Limited: Managing Director & CEO Address at Annual General Meeting
PERTH, Western Australia, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) wishes to release the address to be given at today’s Annual General Meeting by its Managing Director and CEO, Mr Jeff Quartermaine attached to this announcement. This announcement was approved for release by the Managing Director & CEO, Jeff Quartermaine. For further information, please contact: Managing... Read more
Turquoise Hill Resources Comments on Letter from Short-Seller Odey Asset Management
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Barrick Gold listed again in Dow Jones Sustainability Index
TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) has retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI) World Index, ranking in the 95th percentile of all mining companies assessed. This is the 13th consecutive year Barrick has been listed in the World Index, in which 2,500 companies are evaluated against governance, social performance, environmental... Read more
Lundin Mining Announces New Agreements with Candelaria Supervisors Unions
TORONTO, Nov. 26, 2020 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announced today the Candelaria Supervisors and LMC Supervisors Unions, which together represent approximately 230 associates, have ratified new 32-month collective agreements. The agreements were reached during the legislated negotiation process. The safe resumption of partial operations is... Read more

Resource Capital Gold Announces Dufferin Project PEA Results; Acquires West Dufferin Claims

Resource Capital Gold Corp. (TSX.V: RCG) ("RCG" or the "Company") is pleased to announce the completion of a positive Preliminary Economic Assessment ("PEA") on the Dufferin Gold Mine and the West Dufferin property being acquired by the Company (collectively "Dufferin") located in Nova Scotia, Canada.

PEA RESULTS
The PEA was completed by MineTech International Ltd. of Halifax, Nova Scotia, and Global Mineral Resource Services of Vancouver, British Columbia. Economic results in the PEA show the production of 216,050 ounces of gold during a 10-year mine life, with a pre-tax IRR of 158% and a capital payback period of 1.3 years with a net present value of CAD$121,100,000 at a 5% discount rate. These economic numbers do not include any of the planned production from the stockpiled materials, which would be in addition to such amounts, and which the Company plans to commence in January, 2017.

The PEA suggests a 6-month pre-production period followed by 6 months of initial mining ramping up to full 300-tpd production at the end of Year 1. The pre-production period has already started, with Company staff onsite for the last two months in preparation for processing of the stockpiled materials starting in January along with trial mining later in Q1 of 2017.

The PEA anticipates at total of CAD$9.85M in capital expense, which includes $5.29M in plant, equipment, and pre-production development cost; $1.20M of reclamation bonding; $2.29M of working capital; and $1.06M in contingency. The Company believes that with a combination of cash on hand and early cash flow from processing of stockpiled material and underground materials already developed, the need for the full anticipated capital in Year 1 can be considerably reduced.

"This positive PEA is a major milestone in the Company's plans to consolidate near-term precious-metals production," said RCG's Chairman and CEO George Young. "The Dufferin project offers the opportunity for relatively lower-risk growth through our more than doubling of the project's resources, acquisition of adjacent property, and a 4x multiple of the project's NPV over previous analyses. We are very pleased with the PEA results and look forward to quickly advancing the project."

PEA Results
     
Pre-tax NPV5   CAD$121.1M
Pre-tax IRR   158%
Post-tax NPV5   CAD$89.2M
Post-tax IRR   121%
Payback   1.3 years
Average cash cost per ounce   CAD$617
Mine life   10 years
Total gold ounces recovered   216,050
Cumulative pre-tax cash flow   CAD$170.4M
Cumulative post-tax cash flow   CAD$126.3M
     
PEA Parameters
     
Gold price   USD$1,250
Exchange rate USD-CAD   0.75
Total tonnes processed (includes dilution and development material)   1,231,000 tonnes
Average processing rate   290 tonnes per day
Diluted head grade East Dufferin   6.83 g/t Au
Diluted head grade West Dufferin   5.46 g/t Au
Gold recovery rate   95%
Average annual gold production   21,604 ounces Au
Capital, working capital, pre-production expense   CAD$9.85M
     
Mineral Resources
             
Category   Tonnes   Grams per
Tonne Au
  Ounces Au
East Dufferin            
Indicated   151,500   11.9   58,000
Inferred   434,100   6.9   96,800
West Dufferin            
Inferred   269,800   6.13   53,200
Combined            
Indicated   151,500   11.9   58,000
Inferred   703,900   6.6   150,000

The PEA is preliminary in nature and includes inferred mineral resources that are too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that PEA results will be realized. Mineral resources are not mineral reserves and do not have demonstrated economic viability. The Company is not basing its production decision on a feasibility study of mineral reserves demonstrating economic and technical viability; as a result there is increased uncertainty and economic and technical risks of failure associated with its production decision.

WEST DUFFERIN ACQUISITION: ADDITION OF 1.9 KM OF STRIKE LENGTH TO THE DUFFERIN PROJECT; ADDS A FOURTH PROPERTY WITH TANGIER AND FOREST HILL TO RCG'S ROLL UP STRATEGY
The Company has expanded the Dufferin project area by 92% through the acquisition of West Dufferin, which consists of 809 hectares of mineral claims lying adjacent to and contiguous with the Dufferin mineral claims. The West Dufferin portion of the Dufferin project contains the geological continuation of the structures to be mined at the Dufferin gold mine. The company has commissioned resource modeling at West Dufferin, and the PEA includes mineral resources and economic assessments of the mineral resources identified by the drilling conducted to date at the West Dufferin portion of the project.

The West Dufferin portion of the project is being purchased from a private entity by RCG for a total consideration of US$300,000 at closing (US$50,000 of which has been paid), expected to be on or about December 20, 2016, followed by two payments of US$350,000 on each of the first and second anniversaries of closing, plus an NSR royalty of 2% from production of gold.

A total of 16,453 meters of previous drilling has been undertaken at West Dufferin, cutting through what are believed to be the same 14 "saddle reef" structures as those drilled at the Dufferin gold mine. Historic production of approximately 41,800 ounces of gold at West Dufferin has also been conducted on those structures. The drilled strike length of the saddle reef structures on West Dufferin is approximately 1.9 km, which, when combined with the approximately 1.4 km strike length of those same structures through the Dufferin gold mine area previously acquired, results in a total strike length of 3.3 km.

Within the 1.9 km of drilled strike length at West Dufferin, resource modeling took place on only 600 m of strike length, leaving an additional 1.3 km for expansion. Combined with the approximately 1.4 km of identified eastern extension of mineralized structures at the Dufferin gold mine, this provides an additional 2.7 km of mineralized quart vein structures along which to extend and increase the density of modern drilling sufficiently to support expanded resource modeling.

The addition of West Dufferin to the Dufferin gold mine project brings to four the number of properties now included in the Company's gold property roll up strategy in Nova Scotia. The Company previously announced the acquisition of Tangier (41,700 ounces gold in the indicated category (134,000 tonnes grading 9.67 g/t Au), and 131,500 ounces gold in the inferred category (271,000 tonnes grading 15.09 g/t Au)) and Forest Hill (mineral resource of 173,800 ounces gold in the indicated category (225,000 tonnes grading 24.02 g/t Au) and 152,900 ounces gold in the inferred category (383,000 tonnes grading 12.42 g/t Au)). When combined with the ounces announced today, the four properties represent total resources of 273,500 ounces in the indicated category and 434,400 ounces in the inferred category. The Company will file technical reports supporting the Tangier and Forest Hill mineral resource estimates within 180 days of September 9, 2016.

TRIAL PRODUCTION TO COMMENCE IN Q1, 2017
As the Dufferin gold mine is a fully permitted operational underground gold mine, the Company will commence operations in Q1 of 2017, with the processing of stockpiled materials at the mine commencing in mid-January while making final preparations for the resumption of trial mining. The project comprises a total 1,684 hectares in 104 mineral claims that are all in good standing. The property contains +17 known east-west trending "saddle reef" quartz vein structures, situated in a vertical assemblage, each hosting free milling gold and showing expansion potential along a total of 2.7 kilometers.

QUALIFIED PERSONS
The scientific and technical data contained in this news release was reviewed and approved by Michael P. Gross, M.Sc., P.Geo., who is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Gross reviewed the technical reports referenced above on behalf of the Company.

The PEA was prepared by independent Qualified Persons Mr. Douglas Roy M.A.Sc., P.Eng., and Mr. Patrick Hannon, M.A.Sc., P.Eng. of MineTech International Ltd. Mr. Roy also prepared the East Dufferin mineral resource. Both Mr. Roy and Mr. Hannon have reviewed and approved the contents of this news release.

The mineral resource at West Dufferin was prepared by independent Qualified Person Mr. Greg Mosher of Global Mineral Resource Services. Mr. Mosher has reviewed and approved the contents of this news release.

Source: Resource Capital Gold

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