Exploration Roundup
Minerals Exploration Spending Turns Up in 2017
Global spending on the search for nonferrous metals deposits rose to an estimated $8.4 billion in 2017, up from $7.3 billion in 2016, according to a report released by S&P Global Market Intelligence at the 2018 Prospectors and Developers Association of Canada...
read moreOZ Minerals Joins Woomera in South Australia Joint Venture
OZ Minerals has entered into an earn-in agreement with Woomera Exploration to explore for magmatic nickel and copper sulphides in the Eastern Musgrave province of far-northern South Australia. The new joint venture targets nickel-copper sulphide systems similar to...
read morePolyus Drilling 180,000 m at the Sukhoi Log Deposit
Polyus, Russia’s largest gold producer, announced in late November that a subsidiary company, SL Gold, has started a 180,000-m diamond drilling campaign at the Sukhoi Log deposit in the northern part of the Bodaybo administrative district, Irkutsk region, Eastern...
read moreRandgold and Endeavour Form Exploration JV in Côte d’Ivoire
Randgold and Endeavour Form Exploration JV in Côte d’Ivoire Randgold Resources and Endeavour Mining have established a joint venture covering their adjacent Mankono and Sissedougou exploration properties in northern Côte d’Ivoire. Under the...
read moreExploration Briefs
Exploration Briefs – April 2018
Northisle Copper and Gold has signed a joint-venture agreement with Freeport- McMoRan Mineral Properties Canada in relation to Northisle’s Pemberton Hills property on Vancouver Island, British Columbia. Under the terms of the...
Read MoreExploration Briefs – April 2018
Iamgold plans to drill approximately 50,000 meters of diamond and reverse circulation holes at its Saramacca deposit in Suriname in 2018, with goals of improving resource classification, declaring reserves and advancing mine...
Read MoreExploration Briefs – March 2018
Orion Minerals has announced initial mineral resources for its Prieska zinc-copper project in South Africa’s Northern Cape province. As of year-end 2017, Orion had completed approximately 42,000 m of drilling on the project’s...
Read MoreExploration Briefs – March 2018
Kootenay Silver discovered a new area of multi-gram gold and silver mineralization with high lead on surface at its 100% owned La Cigarra silver project in Chihuahua, Mexico. Gold mineralization has been traced by prospecting,...
Read MoreExploration Briefs – March 2018
Iamgold’s 2017 drilling program at the Diakha deposit on its wholly owned Siribaya project in western Mali has better delineated high-grade structures within the known resource and confirmed extensions of the mineralization to...
Read MoreExploration Briefs – February 2018
Peregrine Diamonds has reported that the 2017 resource expansion drill program on the CH-6 kimberlite at its 100% owned Chidliak diamond project in Nunavut, Canada, has confirmed that the high-grade kimberlite extends from...
Read MoreExploration Briefs – February 2018
McEwen Mining has committed $10 million to exploration of conceptual and early stage targets in 2018, predominantly on its recently acquired Black Fox property 65 km east of Timmins, Ontario. At the currently active Black Fox...
Read MoreExploration Briefs – February 2018
Barrick Gold has elected to continue 100% funding of exploration expenditure towards a $10 milion funding requirement to earn a 65% interest in Alicanto Minerals’ Arakaka gold project in Guyana. Alicanto continues as the...
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