Bitfarms Mines 354 Bitcoin In August 2021
Bitfarms Ltd. (TSXV: BITF) announced this morning that the company has produced 354 bitcoin in August 2021, averaging close to 10 per day. This is a slight dip from July 2021’s production of 391 bitcoin, mining 12.6 per day. The quarter-to-date yield for Q3 as of September 1st is 745 bitcoin, approximately 98% of Q2 […]
Bitcoin Sent Plummeting as El Salvador Becomes First Country to Recognize it as Legal Tender
Bitcoin was sent plummeting to the lowest in nearly four weeks on Tuesday, amid reports that El Salvador’s legal tender adoption of the cryptocurrency is facing obstacles. Bitcoin slid to around US$47,300 at the time of writing on Tuesday, after breaking above $50,000 the previous day. The latest slump comes as the world’s largest cryptocurrency […]
New Found Gold Drills 111.36 G/T Gold Over 2.65 Metres At Lotto Zone
New Found Gold Corp. (TSXV: NFG) announced today the assay results from seven holes drilled at the Lotto zone. The results highlighted a yield of 111.36 g/t gold over 2.65 metres. The seven drill holes are part of the company’s 200-kilometre diamond drill program at its Queensway project in Gander, Newfoundland. Highlights of the drill […]
Northern Vertex Drills 1.65 G/T Gold, 15.39 G/T Silver Over 64.01 Metres At Moss Mine
Northern Vertex Mining Corp. (TSXV: NEE) announced today the recent batch of drilling results from its multi-phase infill and resource expansion drilling program at the Moss Mine. The results highlighted an intersection of 1.65 g/t gold and 15.39 g/t silver over 64.01 metres among other results. A total of twenty reverse circulation drill holes and […]
Freeman Gold Closes $3.0 Million Strategic Financing
Freeman Gold (CSE: FMAN) has closed its previously announced financing. The strategic funding saw gross proceeds of $3.0 million raised for the firm to continue the development of its flagship Idaho property. The offering saw a total of 11.5 million units of the company sold at $0.26 per unit. Each unit sold under the offering […]
Equinox Gold Sees Measured & Indicated Resource Of 1.4 Million Gold Ounces At Mesquite Mine
Equinox Gold Corp. (TSX: EQX) shared today the updated mineral reserve and mineral resource estimate for the Mesquite gold mine in California, USA. The report includes measured & indicated resources of 1.38 million gold ounces which the company reported to be a 65% increase from the previous estimates. The data came from a total of […]
Prime Meridian Expands Landholdings In Red Lake Region
Prime Meridian Resources (TSXV: PMR) this morning continued its expansion within the Red Lake region of Ontario. The firm has acquired additional claims in the region, which are said to be contiguous to current property held by the company in the region. The latest acquisition consists of a total of 282 mineral claims, which covers […]
KetamineOne Adds Two Texas Locations To Clinical Network
KetamineOne Capital (NEO: MEDI) has continued to expand its presence across North America. The firm this morning announced that it has entered into a letter of intent for two additional ketamine clinics, which are to be located in Texas. The additional footprint south of the border is to come via an arranged partnership with Illumma […]
PureGold Looks To Raise $20 Million Via Bought Deal Financing
Coming in hot after achieving a new production milestone, Pure Gold Mining (TSXV: PGM) this morning announced a bought deal financing. The company is looking to raise gross proceeds of $20.0 million via a financing lead by National Bank. Under the terms of the financing, the company is to sell a total of 19.0 million […]
Trillium Gold Hits 1.07 G/T Gold Over 52.3 Metres At Newman Todd
Trillium Gold (TSXV: TGM) this morning was one of many junior mining firms to report their latest assay results. The results however stand out, with the company indicating that the mineralization discovered to date is “more widespread than historically interpreted,” with the system found to be larger than previously believed. Results released this morning come […]