Bonterra Resources Provides Corporate Update and Defines Significant Exploration Potential at the Titan Extension with 12.4 g/t Au over 5.3 m

VANCOUVER, Jan. 21, 2019 - Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to report ongoing developments to its shareholders and investors and announce follow up drill results of 12.4 g/t Au over 5.3m from the recently discovered Titan Extension of the Gladiator Deposit. Bonterra's recent acquisition of Metanor Resources Inc. and consolidation of the Company's databases and management have resulted in broader exploration and resource development plans. Bonterra will conduct a company-wide NI 43-101 mineral resource estimate for all its Urban Barry exploration assets, including the Gladiator, Barry and Moroy deposits. The combined mineral resource estimate is part of Bonterra's strategy to fast track the development of the three deposits simultaneously, to optimize feed to the Urban Barry Mill over the life of the three mines.  In order to concentrate on the exploration of all three deposits, the Company's mining operations in Quebecwill be placed on care and maintenance.
Read more: Bonterra Resources ( BTR )

Goldcorp to be acquired by Newmont for $10-billion

World-class portfolio of assets to support sustainable, profitable gold production over long-term horizon
 
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) and Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp) today announced they have entered into a definitive agreement in which Newmont will acquire all of the outstanding common shares of Goldcorp in a stock-for-stock transaction valued at $10 billion. Under the terms of the agreement, Newmont will acquire each Goldcorp share for 0.3280 of a Newmont share, which represents a 17 percent premium based on the companies’ 20-day volume weighted average share prices.
 
The agreement will combine two gold industry leaders into Newmont Goldcorp, to create an unmatched portfolio of operations, projects, exploration opportunities, reserves and people in the gold mining sector. Newmont Goldcorp’s world-class portfolio will feature operating assets in favorable jurisdictions, an unparalleled project pipeline, and exploration potential in the most prospective gold districts around the globe. In addition to providing shareholders the largest gold Reserves per share, Newmont Goldcorp will offer the highest annual dividend among senior gold producers.Goldcorp to be acquired by Newmont for $10-billion
Read more: Goldcorp Inc ( G / GG )

White Gold Corp. Makes New Discovery on Betty Property Along the Extension of the Coffee Creek Fault

TORONTO, Jan. 08, 2019  -- White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the "Company) is pleased to announce Rotary-Air-Blast (“RAB”) drill results from its Betty property located in Yukon, Canada, with numerous drill holes across several target areas encountering near surface gold mineralization. The gold mineralization was encountered along the eastern extension of the Coffee Creek fault which hosts the adjacent Coffee deposit owned by Goldcorp Inc. (TSX: G, NYSE: GG) currently being developed as an open pit and heap leach gold mine with commercial production anticipated to begin in 2021. These results represent a new discovery on a previously undrilled target, discovered through the Company’s systematic and data driven regional exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC). 
Read more: White Gold Corp ( WGO )

Osisko Intersects 2223 g/t Au Over 2.0 Metres at Windfall

TORONTO, Jan. 07, 2019  -- Osisko Mining Inc. (OSK:TSX. "Osisko" or the "Corporation") is pleased to provide new infill drilling results from the ongoing drill definition and expansion program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The 800,000 metre drill program commenced in late 2015. The program is currently focussed on infill drilling within the main Windfall gold deposit and the adjacent Lynx deposit (located immediately NE of Windfall), exploration and expansion drilling on the main mineralized zones, and deep exploration in the central areas of the intrusive system. Significant new analytical results from 53 intercepts in 24 drill holes and 5 wedges focused on infill drilling from surface and underground are presented below.
Read more: Osisko Mining Inc ( OSK )

Auryn Identifies Significant Copper Mineralization at New Prospect Near Sombrero

VANCOUVER, BC /  January 7, 2019 / Auryn Resources Inc. (TSX: AUG, NYSE AMERICAN: AUG, "Auryn" or the "Company") has identified a significant zone of oxide copper mineralization over a 1.2-kilometer strike length and 500-meter width. It is located about 12 kilometers south of Sombrero at the Milpoc prospect (Figure 1). Rock samples have returned copper - oxide mineralization grades ranging from 0.1% - 8.45% and silver grades ranging from 0.06 g/t - 101 g/t (Table 1).
 
The stratiform mineralization identified at Milpoc is hosted within red bed sediments of the Casapalca formation and is the first mineralization observed stratigraphically above the Ferrobamba formation. The Ferrobamba hosts the known high-grade copper - gold exo-skarn mineralization at the Sombrero project to the north. This mineralization is preferentially hosted in highly porous sandstone units that typically have a thickness of 10 - 30 centimeters and there are numerous mineralized beds that occur over a 100-meter thickness within the sedimentary sequence.
Read more: Auryn Resources Inc ( AUG )

Videos / Webinars

View all videos