New Found Gold Drills 28.2 G/T Gold Over 4.5 Metres At Keats Footwall Zone, Identifies New Gold Zone
New Found Gold (TSXV: NFG) reported today a drill result from a single hole coming from its ongoing 400,000-metre diamond drill program at its Queensway project. The hole assayed 28.2 g/t gold over 4.5 metres, including 41.02 g/t gold over 2.95 metres. The drill hole NFGC-21-413A, intersected at a depth of 463.05 metres, found in the […]
Magna Gold Meets 2021 Production Guidance With 56,099 Ounces
Magna Gold Corp. (TSXV: MGR) has released preliminary production results for the fourth quarter and full-year 2021. While no further annual metrics have been shared, the firm said it has produced 56,099 gold ounces for the year out of its San Francisco mine in Sonora, Mexico. The mine achieved full-scale commercial production in June 2021. The annual […]
RooGold Closes On Purchase Of Australian Precious Metals Properties
RooGold Inc (CSE: ROO) has closed on the acquisition of its mineral properties. The firm this morning indicated that it has closed on the indirect acquisition of Great Southern Precious Metals Pty Ltd, via the purchase of a numbered company that currently holds the asset. Collectively, Great Southern Precious Metals owns a nine properties in […]
Vejii Holdings Announces 2022 Revenue Guidance
Vejii Holdings (CSE: VEJI) is looking for 2022 to be a stand out year for the company. The firm this morning released official guidance for the full fiscal year, with the numbers provided suggesting the firm is anticipating explosive growth over the coming quarters. In terms of revenue, the company is expecting to general revenues […]
Karora Resources Produces 112,814 Gold Ounces In 2021
Karora Resources (TSX: KRR) this morning provided production data for its fourth quarter and full year 2021 operations. The firm produced a total of 112,814 ounces of gold for the full year, beating 2020’s production of 99,249 ounces. The firms 2021 production is said to represent a record for the company, while the results also […]
InsuraGuest Enters Arrangement With Stand Out Hotels And Residences
InsuraGuest Technologies (TSXV: ISGI) has added another platform to its network of distributors of its insurance products. The firm this morning indicated it has signed Stand Out Hotels and Residences as the latest firm to provide insurance products to its guests. Stand Out Hotels and Residences is a platform that provides hotels and resorts with […]
Aztec Minerals Completes 14 Holes Under Current Drill Program At Cervantes
Aztec Minerals Corp (TSXV: AZT) this morning provided an update on its currently ongoing drill program at its Cervantes gold-copper project in Sonora, Mexico. The 5,000 metre drill program to date has seen a total of 2,810 metres in aggregate completed. The company to date has drilled a total of 14 holes under the program, […]
Zijin Mining Closes Purchase Of Neo Lithium For $6.50 Per Share
Neo Lithium (TSXV: NLC) has been acquired by Zijin Mining Group. The firm this morning announced the closing of the acquisition, which was first proposed back in October 2021. Under the terms of the acquisition, Neo Lithium was acquired by a subsidiary of Zijin, with the Chinese firm paying $6.50 per share. Total consideration amounted […]
BC Craft Supply Co Files Notice Of Intention Under Bankruptcy & Insolvency Act
Well, it appears that even a 100 to 1 share consolidation couldn’t save BC Craft Supply Co (CSE: CRFT). The firm last night, after halting its equity, announced that it has filed a notice of intention to make a proposal under the Bankruptcy & Insolvency Act of Canada. In layman terms, the company is looking […]
Activist Investor Urging Peloton to Fire its CEO in Light of Poor Stock Performance
An activist investor is calling on beleaguered Peloton Interactive (NASDAQ: PTON) to terminate its CEO and sell itself to a better performing tech or fitness company, as the exercise equipment maker continues to suffer from poor demand and a swiftly deteriorating stock price. According to the Wall Street Journal which cited people familiar with the […]