Northmin Hits 12.85% Copper and 933 g/t Silver in Highest Grade Tynagh Assays Yet

Hits 12.85% Copper and 933 g/t Silver in Highest Grade Tynagh Assays Yet

Northmin Corporation (TSXV: NMB) has reported assays from two more holes at its Tynagh project in Ireland, including the highest copper and silver grades the company has returned since it began drilling at the former mine site. Highlights from the results include: Hole 3615-26-08 targeted mineralization 50 metres east of an earlier high grade copper […]

Patagonia Gold’s Calcatreu PEA Outlines US$334 Million After-Tax NPV and 282% IRR

Calcatreu PEA Outlines US$334 Million After-Tax NPV and 282% IRR

Patagonia Gold (TSXV: PGDC) has released an updated preliminary economic assessment for its Calcatreu gold-silver project in Argentina, outlining an after tax net present value of US$334 million and an internal rate of return of 282%. The study uses a 10% discount rate and pricing of US$3,500 per ounce of gold and US$35 per ounce […]

Montage Gold Pours First 1,140 Ounces at Koné, Joins Producer Ranks

Pours First 1,140 Ounces at Koné, Joins Producer Ranks

Montage Gold (TSX: MAU) has poured first gold at its Koné mine in Côte d’Ivoire, a milestone that formally moves the company out of the developer category and into the ranks of gold producers. The pour took place on September 26 and yielded approximately 1,140 ounces of gold. It arrived on budget and well ahead […]

Goldgroup to Take 19.9% of Luca Mining Ahead of US$290 Million Cozamin Deal

Goldgroup to Take 19.9% Stake Ahead of US$290 Million Cozamin Deal

Luca Mining (TSXV: LUCA) has signed a binding commitment from Goldgroup Mining that will give Goldgroup a 19.9% stake in the company. Luca is using the equity to help pay for a string of acquisitions in Mexico. Goldgroup will invest US$75 million through Luca’s previously announced US$110 million bought deal private placement. The final amount […]

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A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

From The Precious Metals Summit Beaver Creek, Michael Henrichsen, President and CEO of Gold X2 Mining Inc. (NYSE: AUXX) (TSXV: AUXX), joins us to discuss gold’s extreme volatility, tightening financing windows and the rapid expansion of the Moss Gold Project in Ontario. Michael explains why the current C$2.2 billion PEA represents only the base case. […]