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Nevada Energy Metals Acquires Teels Marsh West Lithium Project, Nevada
February 23, 2016
Nevada Energy Metals Inc. has acquired, by staking, 100 placer claims covering 200 acres (80.9 hectares) at Teels Marsh, Nevada. The property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of
Pilot Gold Secures $4.45M to Advance Goldstrike Project in Utah and Kinsley Project in Nevada
February 23, 2016
Pilot Gold intends to complete a non-brokered private placement of up to 17,800,000 units of the company at a price of C$0.25 per unit, for gross proceeds of up to C$4.45 million. Proceeds from the private placement will be used
Midas Gold Raises C$55.2 Million to Advance Its Stibnite Gold Project, Idaho
February 23, 2016
Midas Gold Corp. has entered into a letter of intent with Paulson & Co. Inc., on behalf of the several investment funds and accounts managed by it, pursuant to which Midas Gold will conduct an offering of Canadian dollar denominated
Atlantic Gold Secures $115 Million to Develop Its Moose River Consolidated Project, Nova Scotia
February 23, 2016
Atlantic Gold Corporation has received and executed a credit approved commitment letter for a $115 million project loan facility (PLF) to be arranged and fully underwritten by Macquarie Bank Limited and Caterpillar Financial Services Corporation, to fund the majority of
Altura Mining Signs Off Take Sale Agreement for Lithium from Pilgangoora Project, Western Australia
February 23, 2016
Altura Mining has continued the growth spurt in lithium companies as end users look to lock in future production as China based group Lionergy signed an agreement for future offtake of lithium spodumene concentrate produced from Altura’s high grade Pilgangoora
Cat Financial Commits $20M to Fund Mining Fleet for Atlantic Gold’s MRC Project, Nova Scotia
February 23, 2016
Atlantic Gold Corporation has executed a commitment letter and supporting term sheet with Caterpillar Financial Services Corporation, pursuant to which Cat Financial has agreed to underwrite up to $20 million in mining fleet equipment financing to fund the company’s acquisition
Dominion Diamond Releases PFS for Its Sable Kimberlite Pipe Deposit, Canada
February 23, 2016
Dominion Diamond Corporation has released positive results of a pre-feasibility study of the Sable kimberlite pipe deposit located within the Core Zone Joint Venture property in Canada’s Northwest Territories, in which the company holds an 88.9 percent interest. The pre-feasibility
Cyprium Mining Begins Rehabilitation of Its Potosi Silver Mine, Mexico
February 23, 2016
Cyprium Mining Corporation has signed an agreement with Chihuahua, Mexico based mining contractor Bergmann Mexico SA de CV with respect to the rehabilitation of shaft #3 of the company’s Potosi silver mine located in the historic Santa Eulalia mining district
Crevice Mining Fires Back Against Environmentalists Over Its Gold Project, Montana
February 23, 2016
The head of a Spokane mining company fired back against an environmental group campaigning against the company’s bid to look for gold near the borders of Yellowstone National Park. Michael Werner, of Crevice Mining Group LLC, sent a letter this
Almadex Minerals Acquires Alianza Minerals’ Mexican Mineral Properties
February 22, 2016
Almadex Minerals Limited has acquired three Mexican properties from Alianza Minerals Ltd. “This transaction continues our strategy of refining our mineral asset portfolio. We are very familiar with these properties, given that we currently hold NSR royalties on each of
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