News Room

Karora Announces Strong Second Quarter Financial and Operating Results, Reiterates 2020 Guidance

Karora Announces Strong Second Quarter Financial and Operating Results, Reiterates 2020 Guidance

Karora will host a call/webcast on August 10, 2020 at 10:00 a.m. (Eastern Time) to discuss the second quarter results. North American callers please dial:  1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click  (replay access information below). TORONTO, Aug. 10, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce...

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Karora Resources Completes Acquisition of Spargos Reward High-Grade Gold Project

Karora Resources Completes Acquisition of Spargos Reward High-Grade Gold Project

TORONTO, Aug. 7, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce that following an extensive due diligence period, it has closed the acquisition of the Spargos Reward Gold Project ("Spargos Reward Project" or "Spargos") from Corona Resources Limited as originally announced on May 11, 2020 (see related press release). The Spargos Gold Project...

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Infill Drilling Further Strengthens Higher-Grade Core at the Crawford Nickel-Cobalt Sulphide Project

Infill Drilling Further Strengthens Higher-Grade Core at the Crawford Nickel-Cobalt Sulphide Project

Highlights Hole CR20-56 extended the strike length of the Main Zone by 375 metres, and is expected to expand the 0.3% higher grade shell by 168 metres which remains open along strike to the west.All four infill holes in this release continued to extend and better define the higher grade resource shells and intersected thick intersections of nickel mineralization, within...

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MacDonald Mines Announces Closing of Oversubscribed Private Placement

Toronto, Ontario – August 5, 2020 – MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces that it has closed its previously announced non-brokered private placement offering for total gross proceeds of $4,245,850  consisting of: (i) 9,332,223  “charity flow-through” Units at a price of $0.135 each (the “Charity FT Unit Offering”) and (ii) 29,860,000 “flow-through” Units at...

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MacDonald Mines Announces Results from Annual Meeting of Shareholders

MacDonald Mines Announces Results from Annual Meeting of Shareholders

TORONTO, July 31, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces the results of its 2020 Annual and Special Meeting of Shareholders (the “Meeting”) held July 30, 2020 in Toronto, Ontario, Canada and virtually on the Internet. The Company is pleased to announce that the shareholders re-elected Pat Dubreuil, Kevin Tanas,...

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Karora Resources Announces Share Consolidation Effective as of Market Open on July 31, 2020 and Partial Monetization of Orford Mining Holdings

Karora Resources Announces Share Consolidation Effective as of Market Open on July 31, 2020 and Partial Monetization of Orford Mining Holdings

TORONTO, July 30, 2020 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to report, further to its news release dated July 22, 2020, the previously announced consolidation of the common shares in the capital of the Corporation (the "Common Shares") will come into effect as of the open of trading on July 31, 2020 on...

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Windfall Geotek to Generate Gold targets with the CARDS Artificial Intelligence on Gatling Exploration’s Larder Gold Project in Ontario

Brossard, Quebec - The Newswire - July 30, 2020 – Windfall Geotek (TSXV:WIN) is a leader in the use of Artificial Intelligence (AI) in the mining sector for digital exploration and is pleased to announce it has initiated  a work program using its CARDS AI analysis with Gatling Exploration in Larder Lake, Ontario. Windfall will generate new high probability gold...

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Noble Minerals

Infill Drilling Continues to Highlight Potential of Higher-Grade Core at Canada Nickel’s Crawford Project

Highlights Infill hole on Main Zone returned 0.33% nickel over core length of 357 metres from the start of the hole at 45 metres, beginning with 0.36% nickel over 249 metres, within the steeply dipping higher-grade core which varies in true thickness from 40 to 160 mFinal four holes from this phase of East Zone drilling intersected thick intersections of...

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MacDonald Mines Announces Increase of Flow-Through Private Placement to $4,250,000

MacDonald Mines Announces Increase of Flow-Through Private Placement to $4,250,000

TORONTO, July 28, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces that, due to continued investor demand, it is increasing the size of its non-brokered private placement offering to $4,250,000 consisting of: (i) “charity flow-through” Units at a price of $0.135 each (the “Charity FT Unit Offering”) and (ii) “flow-through” Units at a...

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PROJECT 81 Exploration Update: Magnetic Gradiometer Survey & Magnetic Inversion Study Over Drill Indicated Dargavel Township Gold Trend

Toronto, Ontario – TheNewswire - July 28, 2020 - Noble Mineral Exploration Inc. (“Noble” or the "Company") (TSXV:NOB), (FRANKFURT:NB7), (OTC:NLPXF) is pleased to report that an orientation type airborne Magnetic Gradiometer survey has just been completed over approximately 6km of the drill indicated gold trend in Dargavel Township, located in Northern Ontario, Canada by BECI. (Figure 1). The magnetic gradiometer...

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