Kootenay Silver Drills 1,322 G/T Silver Equivalent Over 3.2 Metres At Copalito
Kootenay Silver (TSXV: KTN) this morning announced assays from three drill holes conducted at its Copality project in Sinaloa State, Mexico this morning. Results are part of a 3,000 metre campaign conducted at the property this year, for which highlights include 3.2 meters of 1,297 grams per tonne silver and 0.285 grams per tonne gold. […]
Global Air Travel Demand Will Not Reach Pre-Pandemic Levels For At Least 3 Years: Moody’s
Despite many airlines eager to see air travel reinstated and quarantine rules eased, the continued rise in coronavirus cases and economic downturn casts doubts on a smooth rebound for the airline industry. According to a recent report by Moody’s Investors Service, the sudden drop in demand for air travel at the onset of the pandemic […]
New Pandemic Relief Bill to Include Another Round of Direct Payments, Payroll Tax Relief, No Aid for Cities and States
As the US continues to battle soaring coronavirus infections and reductions in unemployment, the White House, along with Senate Republicans, have been drafting a second pandemic bill to address the current economic turmoil. The new bill is expected to cost approximately $1 trillion – a significant decline compared to the $3 trillion passed by House […]
Judy Shelton, Backer of Gold Standard, Approved By Senate Banking Committee For Federal Reserve Nomination
Judy Shelton has been approved by the Senate Banking Committee as a nominee for the Federal Reserve Board of Governors as of this afternoon. Shelton saw the committee approve her nomination in a 13-12 vote, sending her along to the next step of being approved by the full Senate. Opposition to her appointment came from […]
Housing Market Slowdown in June Becoming Increasingly Evident
It appears that Canada’s housing market may be beginning to show signs of a slow-down amid the coronavirus pandemic. According to the Teranet and National Bank of Canada’s House Price Index, figures were up by 0.7%, which translates to a seasonally adjusted decline of 0.1% in June – the first drop in 11 months. The […]
Noram Ventures Plans For Drill Program, PEA Study At Zeus Lithium Property
This morning, Noram Ventures (TSXV: NRM) provided an update on the status of its Zeus lithium claystone project located in central Nevada. The company is currently planning for a drill program to be conducted in the second half of the year, along with a preliminary economic assessment that will follow. The drill program, as previously […]
BTU Metals Identifies 35 Targets At Red Lake Via AI Tech
There’s hot new tech coming to the mining space. BTU Metals Corp (TSXV: BTU) announced this morning that they have managed to implement artificial intelligence in the exploration of their Red Lake, Ontario project with some success. The company has managed to identify a total of 35 high priority targets on its property via the […]
Eguana Launches Cobalt-Free Home Battery System
This morning Eguana Technologies (TSX.V: EGT) announced they have expanded their Evolve residential product line with the introduction of the Evolve LFP energy storage system. The new system will be available immediately to solar dealers and wholesale distributors in both the United States and Caribbean markets. This cobalt free lithium iron phosphate becomes the first home […]
Premier Gold Reports Q2 Production, Announces 40% Workforce Reduction At Mercedes
Premier Gold Mines (TSX: PG) reported its second quarter production results for its 40% owned South Arturo Mine, located in Nevada this morning, while also announcing production cuts at its Mercedes Mine, located in Sonora, Mexico. Production totaled 4,765 ounces of old at South Arturo, which was impacted by the shutdown of the Goldstrike roaster […]
CR Capital Raises $814,800 In First Tranche of Placement
CR Capital Corp (TSXV: CIT) last night announced that it has closed the first tranche of its non-brokered private placement. The tranche was closed with a combination of subscriptions for both flow through units and hard dollar units, with total proceeds from the tranche amounting to $814,800. Each flow through unit, offered under the placement […]