Articles

  • 2 days ago | northernminer.com | Henry Lazenby

    West Red Lake Gold Mines’ (TSXV: WRLG) latest drill results confirm the Madsen mine’s South Austin zone remains among the hottest targets in northern Ontario’s Red Lake district. Shares rose. Highlight hole MM25D-12-4669-024 cut 18.7 metres grading 48.97 grams gold per tonne from a depth of 5 metres, including 2 metres at 428.8 grams gold, the company reported Tuesday.

  • 2 days ago | northernminer.com | Henry Lazenby

    Patriot Battery Metals (TSX: PMET; ASX: PMT) has boosted the Shaakichiuwaanaan project’s resource estimate in Quebec ahead of publishing a scheduled feasibility study by September. The update shows a 30% increase in indicated tonnage at the Nova Zone (CV5) and a 306% rise at the Vega Zone (CV13) compared to the August 2024 estimate, Patriot said in a statement Monday after the close of trading.

  • 2 days ago | mining.com | Henry Lazenby

    Patriot Battery Metals (TSX: PMET)(ASX: PMT) has boosted the Shaakichiuwaanaan project’s resource estimate in Quebec ahead of publishing a scheduled feasibility study by September. The update shows a 30% increase in indicated tonnage at the Nova Zone (CV5) and a 306% rise at the Vega Zone (CV13) compared to the August 2024 estimate, Patriot said in a statement Monday after the close of trading.

  • 6 days ago | northernminer.com | Henry Lazenby

    Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale, a partner at Cassels Brock & Blackwell says. Majors and mid-tier miners usually support a production decision with a National Instrument 43-101 technical report.

  • 1 week ago | northernminer.com | Henry Lazenby

    McEwen Mining (NYSE, TSX: MUX) is banking on the Grey Fox deposit to drive production growth at its Fox Complex just outside Timmins, Ontario. McEwen plans to lift Fox Complex output from roughly 30,000 – 35,000 gold-equivalent oz. today to about 60,000 oz. by 2027 and 120,000 – 150,000 oz. by 2030, the company said Thursday in a statement. That’s about half of McEwen’s projected total output of 225,000–255,000 GEOs by then.

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Henry Lazenby
Henry Lazenby @henrylazenby
18 Oct 24

How ‘resource debt’ chips away at miners’ growth and investor trust. Guy Desharnais of Osisko Gold Royalties urges more transparency in technical reports to avoid costly misclassification. #MRMR2024 #mining #exploration Full story @northernminer https://t.co/7X0QHnkExg

Henry Lazenby
Henry Lazenby @henrylazenby
16 Oct 24

"The foundation of the entire resource industry is good resource estimation," @Wheaton_PM CEO Randy Smallwood tells @northernminer president Anthony Vaccaro during the first Mineral Resources and Mineral Reserves Conference in Vancouver. #MRMR2024 https://t.co/KU0KF1MTCg

Henry Lazenby
Henry Lazenby @henrylazenby
16 Oct 24

Liberty Gold fast-tracks Black Pine in Idaho, aiming for 2.2M oz. over 17 years with US$327M capex. Prefeasibility frontloads high-grade ore, boosting early cash flow. $LGD.TO #Mining #Gold Read @northernminer for the deets: https://t.co/IlIeqGPSTC