GoGold Intersects 145.0 G/T Silver Equivalent Over 53.4 Meters At El Orito
GoGold Resources Inc. (TSX: GGD) reported today the results from eight diamond drill holes at the El Orito area in its Los Ricos North project. The company was able to intersect 145 g/t silver equivalent over 53.4 metres among other results. The highlights of the results include: LRGO-21-027: 145.0 g/t silver equivalent (57.2 g/t Ag, […]
Digihost Reports Q1 Revenues Of $4.8 Million, Net Income Of $5.9 Million
Digihost Technology Inc. (TSXV: DGHI) today reported its financial results for Q1 2021. The company posted revenue from digital currency mining $4.8 million, which reflects an increase of 469% in 2021 compared to the $0.8 million in revenue reported in 2020. Gross profits came in at $2.1 million, while gross profit margins increased to 44% […]
High Tide To Raise $15.0 Million Via Bought Deal Financing
High Tide Inc. (TSXV: HITI) last night announced that it has entered into an agreement with ATB Capital Markets Inc. and Echelon Wealth Partners Inc to conduct a bought deal financing. The offering consists of a total of 1,562,500 units at a price of $9.60 per unit for total gross proceeds of $15,000,000 million. Each […]
Wesdome Drills 41.2 G/T Gold Over 51.2 Metres At New High-Grade Zone
Wesdome Gold Mines Ltd. (TSX: WDO) announced today the drilling results from the recently discovered high-grade zone in the footwall of the Kiena Deep A Zone. The results highlighted a yield of 41.2 g/t gold over a core length of 51.2 metres. Highlights of the drill results from the footwall zone include: Hole 6760W1: 41.2 […]
Skylight Health To Conduct $12 Million Bought Deal
Skylight Health Group Inc. (TSXV: SHG) announced last night that it will be conducting a bought deal offering for aggregate proceeds of $12.0 million. The financing will see Raymond James Ltd and Stifel GMP as co-lead underwriters. Under the terms of the financing, Skylight Health will be selling 8,572,000 common shares at $1.40 per share. […]
PowerBand Solutions Signs MOU With Atlis Motor Vehicles For Leasing, Purchasing & Insurance Services
PowerBand Solutions (TSXV: PBX) has entered into a memorandum of understanding with an up-and-coming electric vehicle manufacturer. The company has entered the MOU with Atlis Motor Vehicles, an emerging electric truck manufacturer and subscription EV provider. Under the terms of the MOU, PowerBand is set to supply its leasing, purchasing, and other financial services to […]
Vizsla Intersects 512.8 G/T Silver Equivalent Over 7.76 Metres
Vizsla Silver Corp. (TSXV: VZLA) announced today the latest results from its drilling program at the Tajitos vein at its Panuco silver-gold project in Mexico. The company was able to intersect 512.8 g/t silver equivalent over 7.76 metres within its highlight result. The project’s 32-drill hole results have also shown an average vein width of […]
i-80 Sees 15,752 Ounces Of Gold, 1,440 Ounces Of Silver Produced At South Arturo In Q1
i-80 Gold Corp. (TSX: IAU) provided an update for first quarter 2021 South Arturo production as well as its full year’s production guidance. Included in the report was first quarter production data indicating 15,752 ounces of gold and 1,440 ounces of silver had been produced by the company. The company indicated this morning that cash […]
Trillium Gold Announces 8,000 Metre Drill Program For Gold Centre Property
Trillium Gold Mines (TSXV: TGM) is set to begin drilling a new property. The firm this morning announced that it will soon commence drilling on the 80% owned Gold Centre property, which is immediately adjacent to the Red Lake Operation that is currently being mined by Evolution Mining. The planned drill program is set to […]
Great Bear Intersects 3.32 G/T Gold Over 43.80 Metres At LP Fault
Great Bear Resources (TSXV: GBR) this morning reported further results from the ongoing exploration of its Dixie Project in Red Lake. A total of 17 holes were released this morning, bringing the total amount of holes released to 300 in the LP Fault zone. Notably, this mornings release contained the first data on bulk tonnage […]