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Tag: copper mining

Revelo Defines New Copper Target at Montezuma Project

Revelo Resources Corp. (“Revelo” or the “Company”) (TSXV:RVL) is pleased to announce that a new porphyry copper-gold target has been identified at Melissa in the northeastern quadrant of its wholly-owned Montezuma Project.

The Company has identified a 600m x 400m area of interest, within a much larger hydrothermally altered zone, coinciding

Chibougamau Independent Update

Chibougamau Independent Mines (TSXV:CBG) has announced that it continues to refine its understanding of the geological potential of its mining camp.

As quoted in the press release:
On January 18, 2017 Chibougamau announced the results of two drill holes on the C3 copper-gold zone of our Bateman Bay mine property.Hole BJ-16-15 intersected

Fortune Minerals Announces Closing of Bought Deal Financing

Fortune Minerals Announces Closing of Bought Deal Financing

Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) is pleased to announce that it has closed its previously announced short form prospectus offering (the “Offering”) of units (the “Units”) of the Corporation with Cormark Securities Inc. (the “Underwriter”), acting as underwriter, on a bought deal basis. The Company has issued 25,800,000

Revelo Provides Update on Results, Targets and Exploration Plans at its Montezuma Project in Northern Chile

Revelo Resources Corp. (“Revelo” or the “Company”) (TSXV:RVL) is pleased to provide an update on results and targets, and provide details of its immediate exploration plans, relating to its wholly-owned Montezuma copper-gold-molybdenum project located in northern Chile.

Revelo believes that significant potential exists to discover a copper porphyry system within the

Fortune Minerals refiles 2015, Q1, Q2, Q3 2016 results

Fortune Minerals refiles 2015, Q1, Q2, Q3 2016 results

Fortune Minerals Limited (TSX: FT; OTCQX: FTMDF) has filed amended and restated financial statements (together in each case with an amended corresponding management’s discussion and analysis) for the year ended Dec. 31, 2015, the quarter ended March 31, 2016, the quarter ended June 30, 2016, and the quarter ended Sept.

Barrick Achieves 2016 Production Guidance

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick” or the “Company”) today announced preliminary full-year gold production of 5.52 million ounces for 2016, at the high end of the Company’s guidance of 5.25-5.55 million ounces. The Company produced 1.52 million ounces of gold in the fourth quarter. Cost of sales applicable to gold

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