Lots of drill results to report today while gold continues to be volatile along with the mining stocks. We cover the latest news from Integra Resources, Bluestone Resources, Wallbridge Mining, Ascot Resources, Marathon Gold, Great Bear Resources and more.
Read MoreWe have new drill results out from Kirkland Lake and Wallbridge Mining. Minera Alamos provides an update from Cerro de Oro. There are more exploration updates from Troilus Gold, First Cobalt and Rio2.
Read MoreContact Gold shared results from 4 drill holes from the Alpha Zone at its Green Springs gold project located in the Cortez Trend of Nevada. Shares of Azimut tripled yesterday after the company announced it drilled 3.15 g/t gold over 102 meters and 2.84 g/t gold over 108 meters. FireFox Gold says it has completed its Phase 2 Drilling at the Mustajärvi Gold Project. Wesdome and McEwen shared Q4 and annual gold production numbers this morning. Ascot Resources published an updated resource estimate for the Premier Gold Project. First Cobalt shared a new mineral resource estimate for the Iron Creek Project in Idaho.
Read MoreCalibre Mining reported drilling results from B2 Gold’s exploration activity from El Limon in Nicaragua. Ascot Resources shared results this morning of an updated mineral resource estimate for its Red Mountain Gold Project in British Columbia. Nighthawk Gold provided results from 5 drill holes completed on Zones 1.5 and 2.0 of the Colomac Main Sill located within its Indin Lake Gold Property in the Northwest Territories of Canada. Rugby Mining closed a financing which raised $1,000,000 in Canadian dollars. Great Bear Resources shared new drill results which the company said made three new gold discoveries on the Dixie project in Red Lake, Ontario.
Read MoreThe price of gold had $45 removed from its price starting early Thursday morning and the price of silver was pushed back well below $19. Osisko Mining says the company hit bonanza grades during the definition and expansion drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt in Québec. Robert Friedland’s Ivanhoe Mines reported this morning that the underground drift development at the Kakula Copper Mine has reached the high-grade ore within the deposit. K92 Mining shared new drill results from diamond drilling at the Kora North Extension of the Kainantu gold mine in Papua New Guinea. Prophecy Development Corp says it has closed a private placement which raised $2.6-million through the issuance of 13-million common shares at a price of $.20.
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