News Room

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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MacDonald Mines Exploration Gallery

MacDonald Mines Resumes Drilling at its SPJ Project

TORONTO, May 13, 2020 (GLOBE NEWSWIRE) -- MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) announces that, with strict health protocols in place, it has resumed its 2020 drilling program after temporarily suspending operations due to COVID-19 at its SPJ Project, located 40 km east of Sudbury, Ontario. The Company remains well funded as the Spring...

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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 Delivers Strong First Quarter Financial and Operating Performance, Continuing to Reduce Costs

RNC will host a call/webcast on May 7, 2020  at 10:00 a.m. (Eastern Time) to discuss the first 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, May 7, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals ("RNC" or the "Corporation") (TSX:RNX) is...

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Canada Nickel Company Inc. Closes Private Placement of $4.4 Million

Canada Nickel Company Inc. Closes Private Placement of $4.4 Million

TORONTO, May 5, 2020 /CNW/ - Canada Nickel Company Inc. (TSX-V:CNC) ("Canada Nickel" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement financing for aggregate gross proceeds of $4,449,670 (the "Offering") of (i) 1,642,890 units of the Company (the "Units") at an offer price of $0.35 per Unit, (ii) 4,390,000 common shares...

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