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Resource Big News Roundup: Go Cobalt Increases Land Package at the Monster; Neo Lithium Submits Environmental Baseline Study to the Provincial Authorities; IDM Mining Commences Underground Drilling at the Red Mountain Gold Project

Danielle Adams
Oct. 19, 2018 10:00AM PST
Oil and Gas 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) went up. On Friday, the index rose driven by the expectation of another interest hike. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, continued its trend from last week and steadily dropped.

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

Base:

  • Spearmint Acquires District Size Copper-Gold Project Bordering Serengeti Resources Inc. in British Columbia
  • Deep-South Resources Has Issued 4.2 Million Shares for the Acquisition of 75% of the Kapili Tepe Copper, Nickel, Cobalt and Gold Project in Turkey

Critical:

  • Manganese X to Acquire an Additional 500,000 Mountain Spring Oil and Gas Shares to Increase Interest to 25%
  • Go Cobalt Increases Land Package at the Monster
  • M2 Cobalt to Acquire Four Additional Exploration Licenses in Uganda, Covering 850 km2 in Close Proximity and On-Trend to Existing Discoveries
  • NextSource Materials Signs Offtake Agreement With Primary Graphite Supplier to Major Japanese Electric Vehicle Anode Producer

Energy:

  • Advantage Lithium Provides Cauchari JV Project Update: Continued Success in Phase III Program in the SE Sector with Hole CAU22 averaging ~550 mg/l Li
  • Canuc Receives Conditional Approval for Acquisition of Full Circle Energy Ltd.
  • Neo Lithium Submits Environmental Baseline Study to the Provincial Authorities and Provides Operations Updates

Precious:

  • Desert Gold Provides Guidance Regarding Upcoming Work Season And Discovers New Mineralized Trend on its Farabantourou Permit, Mali, West Africa
  • Westhaven Drills 17.77 Metres of 24.50 g/t Gold, Including 6.78m of 50.76 g/t Gold at Shovelnose
  • White Gold Intersects Gold, Successfully Extending the Golden Saddle Deposit at Depth and Also Discovers New Mineralized Zone “GS West”
  • BTU Acquires Two Strategic Properties Contiguous to Great Bear’s Dixie Project, Red Lake District, Canada
  • Wallbridge Options 100% of the Beschefer Project near Fenelon Gold
  • Pacton Enters Into Strategic Processing Alliance With Artemis
  • IDM Mining Commences Underground Drilling at the Red Mountain Gold Project
  • Carube Reports High Grade Surface Gold Mineralization at Main Ridge
  • Triumph Gold Announces the Discovery of Two New Gold-Copper Showings And Completion of the 2018 Field Season
  • Searchlight Resources Earns 51% Interest in Bootleg Lake Option
  • Orsu Metals Hits High Grade Gold and Silver Shoots in the West of Zone 23, Sergeevskoe Gold Project, Russia
  • Newrange Gold Options Its El Dovio, Colombia Gold Project

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

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