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MacDonald Mines Ltd. (TSX.V: BMK) – SPJ Gold Project

MacDonald Mines Ltd. (TSX.V: BMK) – SPJ Gold Project

Jean Francois Montreuil took the time to tour us around the SPJ property highlighting the companies work over the last 2 years. We tour from Jovan to Powerline and then into the Scadding Mine site while discussing the geological observations made by MacDonald Mines geological team while working on the property. Several exploration companies have explored the region, yet have...

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Karora Resources (TSX: KRR) – Too Much Gold is The Greatest Problem we Could Have

Paul Huet discusses the recent flurry of news released by KRR and highlights the future potential of the company. With the addition of more prospective land tenements, eliminated royalties and the shear number of opportunities ahead of KRR , Paul paints a great picture of where the company is heading. He also touched on the decision to announce the proposed...

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Multiple Palladium-Platinum Hits Extend PGM Zone by 1.5 km and  Doubles The Total Strike of Nickel Deposit

Multiple Palladium-Platinum Hits Extend PGM Zone by 1.5 km and Doubles The Total Strike of Nickel Deposit

Highlights Hole CR20-32 extended the PGM zone by 1.5 km along strike and intersected 3 separate palladium-platinum zones including the most promising palladium-platinum intersection to date – 2.6 g/t palladium + platinum (1.3 g/t Pd, 1.3 g/t Pt) over 7.5 metres within 1.8 g/t (0.9 g/t Pd, 0.9 g/t Pt) over 12 metres at 123 metres downhole. Assays for target...

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RNC Minerals Announces High-Grade Gold Results at HGO and Drilling Program at Palaeochannel Targets

 Summary Palaeochannel Project The palaeochannel project is an integral component of HGO's expected Life of Mine Plan, with drilling to date focused on two priority areas within the palaeochannel system – Mitchell and Jupiter. The palaeochannel system extends for over 7 kilometres south of current mining operations (Fairplay North) and provides multiple exploration targets along its length including extensions of...

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RNC Eliminates NSR Royalties at Higginsville Gold Operations, Unlocking Significant Production Potential

TORONTO, May 11, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals (TSX: RNX) ("RNC" or the "Company") is pleased to announce it has reached an agreement with Morgan Stanley Capital Group Inc. ("Morgan Stanley") to terminate the remaining NSR royalty interests held by Morgan Stanley over a number of tenements at RNC's Higginsville Gold Operations (HGO), located in Western...

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RNC Signs Purchase Agreement for Spargos Reward High-Grade Open Pit Gold Project in Western Australia

TORONTO, May 11, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals ("RNC" or the "Company") (TSX:RNX) is pleased to announce that it has entered into a purchase agreement to acquire the Spargos Reward Gold Project, which contains a historical JORC1 (2012) Mineral Resource Estimate of 112,000 oz (785,800 tonnes @ 4.4 g/t) indicated resource and 19,000 oz (151,000 tonnes...

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MacDonald Mines (TSX.V:BMK) – Case Study

MacDonald Mines Announces Assays of 24 g/t Gold over 0.65 m, 16.1 g/t over 1.81 m and 10.2 g/t over 1.1 m

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces further assay results from its Winter 2020 drilling program at the SPJ Property, 40 km east of Sudbury, Ontario. Highlights include: Hole 31 intersected 25.15 m of 1.5 g/t gold including 12.8 g/t gold over 1.47 m and 7.8 g/t...

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RNC Announces Strong First Quarter Gold Production of 24,816 oz and a Cash Balance of $38.4 Million

TORONTO, April 20, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals ("RNC" or the "Company") (TSX:RNX) is pleased to announce strong consolidated gold production of 24,816 gold ounces for the first quarter of 2020 from its Beta Hunt and Higginsville mines in Western Australia. RNC's consolidated cash balance increased to $38.4 million as at March 31, 2020, an 11%...

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