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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
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.