Endeavour Silver Expects 2022 Silver Equivalent Production At 6.7 – 7.6 Million Ounces
Endeavour Silver Corp. (TSX: EDR) shared today its production and operational guidances for 2022. The release highlighted an expected silver equivalent production of 6.7 – 7.6 million ounces. The estimated 2022 production consists of 4.2 – 4.8 million silver ounces and 31,000 – 35,000 gold ounces. “In 2022, our production outlook is on par with […]
United Lithium Intersects 47.7 Metres Of 1.34% Li2O At Bergby
United Lithium (CSE: ULTH) this morning provided details on its ongoing drill program at its Bergby Lithium project in central Sweden. The company to date has completed 42 drill holes under the current program. The latest drilling has resulted in the discovery of new lithium rich pegmatites on the property. Core drilling in late December […]
Hut 8 Looks To Acquire TeraGo’s Data Center Business For $30 Million
Hut 8 Mining Corp. (TSX: HUT) is looking to build itself a computing platform. The blockchain firm announced today that it has signed a definitive agreement to acquire the cloud and colocation data center business of TeraGo Inc. The transaction has a price tag of $30 million, which is expected to be financed from the […]
Birchcliff Energy Releases 2022 Guidance: 78,000 – 80,000 BOE/D
Birchcliff Energy Ltd. (TSX: BIR) shared on Wednesday its operational guidance for 2022. The report is highlighted by an estimated production of 78,000 – 80,000 boe/d next year. For 2021, the firm recently tightened its average throughput guidance to 79,000 – 80,000 boe/d. In its Q3 2021 production results, the firm ended with an average […]
December Consumer Prices Soared to the Highest in Three Decades
Consumer prices continued to weigh down heavily on Canadians’ pocketbooks, as inflation soared to the highest level in three decades last month. Latest Statistics Canada data showed that CPI jumped by another 4.8% from December 2021, following an annual increase of 4.7% in the month prior. On a monthly basis, however, prices fell 0.1%, marking […]
RooGold Closes Out $3.2 Million Financing
RooGold Inc (CSE: ROO) this morning announced the closing of a second tranche of its private placement. With the closing of the second tranche, the financing is now complete, having raised gross proceeds of $3.2 million. The financing itself saw units of the company sold at a price of $0.25 per unit, with each unit […]
Filo Mining Intersects 1.26% Copper Equivalent Over 1,223.5 Metres At Filo del Sol
Filo Mining Corp. (TSX: FIL) announced on Wednesday a highlight drill result from a single hole out of its Filo del Sol project. The drill hole assayed a wide intersection of 1.26% copper equivalent over 1,223.5 metres. “Hole 54 is one of the best holes drilled to date at Filo del Sol,” said CEO Jamie […]
Therma Bright Expects Rapid Antigen Saliva Test Study To Conclude This Month
Therma Bright (TSXV: THRM) this morning provided a brief update to investors on the status of its clinical study. The study is currently looking to evaluate its COVID-19 rapid antigen saliva test for performance. The clinical performance study being conducted on the test is reportedly still underway, with the study expected to be completed this […]
Voyager Digital CEO Cancels Share Sale Plan
Voyager Digital (TSX: VOYG) has seen its CEO walk away from a previously announced automatic securities disposition plan. The plan was previously implemented on December 31, 2021. Under the previous disposition plan, CEO Stephen Ehrlich was looking to sell up to 1.0 million common shares that he current holds in Voyager. The securities were to […]
Nevada King Hits 3.35 g/t Gold Over 67.1 Metres
Nevada King Gold (TSXV: NKG) this morning reported further drill results from its Atlanta Mine project in Nevada. The latest results encountered lengthy intercepts of gold in a location previously thought to be waste rock within the firms mineral resource estimate. A total of three drill holes were released this morning, with the three holes […]