Archives: Mineral exploration

Leagold Mining Corp reports that an updated feasibility study has been completed by independent consultants, RPA Inc., for its Santa Luz project in Brazil that incorporates project optimizations and updated capital and operating cost estimates. Highlights from the Updated Feasibility Study include: Capital cost to complete and re-start the mine of $82 million, including $12.3[…]

PNX Metals’ Hayes Creek zinc-gold-silver project is located in a favourable mining jurisdiction in the Pine Creek region of Northern Territory, 170 km by road south of Darwin. It comprises 14 wholly-owned mineral leases including the Iron Blow and Mt Bonnie VMS deposits which were acquired in 2014 from Newmarket Gold NT Holdings, a subsidiary[…]

Evolution Mining Ltd’ Cowal gold operation near West Wyalong in NSW, Australia, has been granted regulatory approval from the NSW Department of Planning and Environment to commence construction of the Galway-Regal-E46 (GRE46) exploration decline. This will allow Evolution to conduct further resource definition and discovery drilling following the announcement in April 2018 of a maiden[…]

The mining sector continues to look for ways to improve efficiencies and lower costs and drilling companies are following suit. The best drilling contractors know it’s all about providing maximum value to the customer. Drilling the metres is only one part of the equation and other metrics provide guidance to total value. To quantify drilling[…]

The ITA reports that Toronto-listed tin explorer, Strongbow Exploration has announced the agreement of a 5% conditional “synthetic” tin warrant offtake agreement between its subsidiary, Western United Mines (WUM) and an affiliate of Orion Mine Finance, related to potential future tin production from its South Crofty tin project in Cornwall, UK. The offtake agreement covers[…]

Quebec, Canada-based Nouveau Monde Graphite’s latest economic study on the West Zone deposit of the Tony Claim Block, part of its Matawinie graphite property, in Saint-Michel-Des-Saints, has shown an all-electric open-pit mine can be built that delivers ample shareholder returns and the reduced carbon footprint the company was after. The feasibility study builds on a prefeasibility[…]

Capital Drilling has been awarded a contract with Canada-based Sama Resources at its Yepleu base and platinum group metal deposit in Côte d’Ivoire. Drilling is anticipated to commence in November with the initial programme being 6,000 m of diamond core drilling, targeting semi-massive and massive polymetallic sulphide targets for nickel-copper-cobalt-palladium between 600 m and 900[…]

TOMRA is continuing to win praise for its sensor-based ore sorting technology, with AusTin Mining being the latest company to say pilot test work indicated the process could remove a significant amount of waste and boost grades. The company had previously carried out a 60 kg trial with TOMRA on material from the Taronga project[…]

Crater Gold Mining Ltd provides an update on the High Grade Zone (HGZ) and South Artisanal Workings (SAW) projects at Crater Mountain, PNG. 1930m RL adit development at HGZ completed Multiple N-S, E-W and cross cutting veins identified along 1930 m RL adit Visible gold noted in 1930 m RL veins, with mineralisation widening with[…]

IAMGOLD Corp reports positive results from a feasibility study for its Boto gold project in Senegal. The results outline an economically robust project with an anticipated low cost of production and long operating life. The study demonstrates a significant economic and operational improvement compared to the PFS results announced in February of this year. The[…]