Resource Big News Roundup: Bonterra Announces Mineral Resource Estimates for its Gold Deposits in the Urban Barry Camp, Quebec; Ausenco Study Doubles Production Potential of First Cobalt Refinery; Foran Announces Significant Increase in Resources for McIlvenna Bay Deposit

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) steadily fell as China-US trade concerns linger. On Friday, the index fell as energy shares took a hit after US President Donald Trump threatens to impose tariffs on Mexico. In Canada, the latest data shows that the economy grew slower than expected within the first quarter; however, there were signs of a strong recovery in March. At 9:40 a.m. ET, the index was down 118.53 points at $15,970.71. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, steadily declined over the week.

In case you missed it, here is this week’s resource big news roundup:

Base:

• Zinc One Forms Strategic Relationship with InCoR Zinc and InCoR Holdings
• Foran Announces Significant Increase in Resources for McIlvenna Bay Deposit

Battery:

• Global Energy Metals Acquires Right to Use Hydrometallurgical Process at Nevada Battery Metals Projects; Provides Update on the Lovelock Cobalt Mine Program
• E3 Metals Successfully Produces Lithium Hydroxide from Alberta Brine
• Progressive Planet Completes First Sale of New Industrial Mineral
• Searchlight Resources Signs Letter of Intent to Option 100% Interest in New York Canyon Property to Emgold Mining Corp.
• Ausenco Study Doubles Production Potential of First Cobalt Refinery

Critical:

• MGX Minerals Announces CSA Attestation of Renewable Energy Mass Storage Components
• MANGANESE X Receives Written Confirmation from Mountain Springs Oil and Gas Limited

Precious:

• NV Gold Announces Letter of Intent to Acquire Slumber Gold Property in Nevada
• Mali, West Africa; Desert Gold Secures its 100% Owned Djimbala Gold Exploration Permit for 7-Year Term
• Great Bear Drills New High-Grade Gold Discovery at Dixie: 12.33 g/t Gold Over 14.00 m Including 30.90 g/t Gold Over 4.60 m; 194.21 g/t Gold Over 2.00 m Including 759.38 g/t Gold Over 0.50 m Multiple Shallow Gold Zones at New “Bear-Rimini” Target
• Bonterra Announces Mineral Resource Estimates for its Gold Deposits in the Urban Barry Camp, Quebec
• Nexus to Acquire the GB Copper-Gold Project in Central Newfoundland
• Gold Resource Corporation Significantly Expands Arista Mine Intercepting 11.95 Meters of 1.04 G/T Gold and 494 G/T Silver
• Sirios Intersects its Targets with 187.0 g/t Au over 0.8 m and 106.0 g/t Au over 1.3 m at Cheechoo

To see our previous Resource Investing Big News Roundups, please click here.