The program will include up to 10,000 meters of diamond drilling focused on multiple high quality targets identified in 2017 utilizing Newmont’s proprietary technologies. I t is the largest drill program for Goldstrike, to date and will take place on 9 target zones 70km wide.
JUGR.V closes their oversubscribed, inaugural drilling program for 2018. The company announces that $2.7 has been settled and they are looking forward to future announcements.
Canada’s Copper Mountain Mining has completed its acquisition of Australian junior Altona Mining for about $72 million at today’s rates.
As part of the deal, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first agreed on the deal.
Great news from a region that is ahead of the curve. We look forward to any positive news coming out of this region, as a number of the top picks and consideration for this year are out of this historic area.
First Quarter 2018 Production Summary
Tudor is pleased to announce closing of this private placement and proceeds will be used for general corporate purposes, working capital and reduction of company liabilities and accounts payable.
The company is pleased to announce closing of a $3 million financing towards the Yellowknife City Gold Project, interestingly enough the same region a Mongolian delegation visited to understand the model of minding in this region.
The inaugural drill program will commence soon as funding of $2.4 million will close on April 16, 2018. This is great news as we are expecting great things from this region ,and this story in particular. It should be an exciting drilling season and we look forward to updates in the near future.
Northwestern Ontario Prospectors Association (NWOPA) has honoured Pure Gold with the “Developer of the Year” award for the Madsen Gold Project at their annual awards dinner in Thunder Bay, Ontario on April 3, 2018.