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    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

    Danielle Adams
    May. 31, 2019 10:00AM PST
    Resource Investing News
    Resource Investing

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

    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.

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