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Tag: underground mining

Marten Falls and KWG to Propose Ring of Fire Mining Partnership

The Marten Falls First Nation has undertaken with KWG Resources Inc. (CSE:KWG)(CSE:KWG.CN)(FRANKFURT:KW6) (“KWG” or the “Company”) to work towards establishing the principal terms of an equal partnership for the mining of chromite in the Ring of Fire.

As quoted in the press release:
The parties envisage large-volume underground mining operations for the

Red Eagle Declares Commercial Production at San Ramon

Commercial production was declared at, Red Eagle Mining Corp. (TSX: R) (OTCQX: RDEMF) (BOLIVIANA: R) San Ramon mine in Colombia, nearly five months after announcing the first gold pour.

As quoted in the press release:
On April 10, Red Eagle Mining Corp. (TSX: R) (OTCQX: RDEMF) (BOLIVIANA: R) announced that it declared

Goldcorp Commences Supported Take-Over Bid for Exeter

Goldcorp Commences Supported Take-Over Bid for Exeter

Exeter Resource (TSX:XRC; NYSE-MKT:XRA; Frankfurt:EXB) and Goldcorp Inc. (NYSE: GG, TSX: G) (“Goldcorp”) are pleased to announce that Goldcorp has formally commenced an offer (the “Offer”) to the shareholders of Exeter to acquire all of the issued and outstanding common shares of Exeter (the “Exeter Shares”) in exchange for common

Darnley Bay Announces Robust Preliminary Economic Assessment at Pine Point

Darnley Bay Resources Limited (TSXV:DBL) (“Darnley Bay” or the “Company”) is pleased to announce the results of an independent Preliminary Economic Assessment (“PEA”) of the 100% owned Pine Point Project (“Pine Point” or the “Project”) located near Hay River, Northwest Territories.

As quoted in the press release:
Darnley Bay President and Chief

Western Uranium CEO to Attend Scottsdale Conference

Western Uranium CEO to Attend Scottsdale Conference

Western Uranium Corporation’s (CSNX:WUC) (OTCQX:WSTRF) announces that the Western CEO, George Glasier, will be presenting and participating in direct investor meetings at the Scottsdale Capital Conference to be held from April 21-23, 2017 in Scottsdale, Arizona. The conference is sponsored by the Vancouver based Capital Event Management, and will bring

Arizona Mining Releases Robust PEA: 42% After-Tax IRR, 1.7 Year Payback

Arizona Mining Releases Robust PEA: 42% After-Tax IRR, 1.7 Year Payback

Arizona Mining (TSX:AZ) is pleased to announce results from its Preliminary Economic Assessment (“PEA”) and a mineral resource update for its Taylor zinc-lead-silver sulfide deposit located on the 100%-owned Hermosa Project in Arizona. Based on current projections, the Company is targeting first production from a proposed 10,000 ton per day

Northern Empire Releases 43-101 Sterling Resource Estimate

Northern Empire Releases 43-101 Sterling Resource Estimate

Northern Empire (TSXV:NM) announces resource estimate on Sterling Project – 709,000 oz gold. A National Instrument 43-101 resource estimate has been completed on the Sterling property, located in Nye county, Nevada, owned by Sterling Gold Mining Corp. (SGMC), a wholly owned subsidiary of Imperial Metals Corp. Northern Empire Resources Corp.

Strongbow Successfully Completes Water Treatment Trials at South Crofty

Strongbow Successfully Completes Water Treatment Trials at South Crofty

Strongbow Exploration Inc.TSXV:SBW has successfully completed water treatment trials at its South Crofty tin project, located in Cornwall, United Kingdom, and is now working on an application to the U.K. Environment Agency (EA) for a mine waste permit.
The Company has hired WS Atkins, a leading global engineering and project management

Recapitalization of Black Dragon Gold

Recapitalization of Black Dragon Gold

As previously announced, management has been focused on recapitalizing the Company in such a way as to bring long term value and liquidity to the Company’s shareholders. The Company explored debt and hybrid instruments, however the requirement for repayment of an existing facility (which has been renegotiated to US$3.2 million)

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