Business

Fonds d’aide de relance régionale (FARR) et Accès aux services professionnels suite au COVID disponible jusqu’au 31 mars 2021

La SADC Supérieur Est fut très occupée en offrant de nouveaux programmes aux petites entreprises de la région. Le premier programme offert fut le Fonds d’aide et de relance régionale (FARR). Celui-ci offre aux entreprises, un prêt allant jusqu’à 40 000$ sans intérêt jusqu’au 31 décembre 2022.  De plus, si le solde dû est remboursé en entier par cette date, ...

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Argonaut Gold Directors Approve Magino Project Construction

Argonaut Gold’s Board of Directors has approved the construction of the Magino Gold Project! The media release states “Argonaut is also pleased to announce it has received a fixed bid pricing proposal for a significant portion of the initial capital requirement for the Magino project and that it has secured debt financing of up to US$175 million by way of ...

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Wesdome announces results from underground exploration drilling program

Wesdome Gold Mines Ltd. has announced results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Although exploration drilling is currently operating at a reduced capacity due to COVID-19 restrictions, three underground drills and one surface drill are in operation. One drill continues to better define and extend the down plunge extension ...

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Harte Gold makes management changes

Harte Gold Corp. has announced Frazer Bourchier as President, CEO and Director of the Board of Directors, effective September 21, 2020. Mr. Bourchier will replace Sam Coetzer, who is stepping down from the position of President and CEO, for personal reasons. Sam will continue to serve on Harte Gold’s Board of Directors. The Company also announces Martin Raffield is stepping ...

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More positive results from Diamond Drilling at Magino

Argonaut Gold Inc. is pleased to announce drill results from its ongoing drill campaign targeting high-grade mineralization below the proposed open pit mine at its 100% owned Magino property in Ontario, Canada. Highlights include: MA20-043 with 9.0m at 13.4 g/t Au, including 2.0m at 55.6 g/t Au MA20-044 with 3.0m at 46.8 g/t Au, including 1.0m at 140.0 g/t Au ...

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Bold Ventures Mobilizes Prospecting Crew to Farwell Gold and Base Metals Project

Bold Ventures Inc. has mobilized a prospecting crew to the Farwell Gold and Base Metals Project located approximately 55 km northwest of Wawa. The initial work will take place along the Tundra Gold Horizon in the eastern portion of the property. The media release explains that historical exploration has identified 3 gold-copper occurrences – Tundra, Conductor ‘B’ and Brown Lake ...

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Harte Gold Continues a successful Mill Restart

Harte Gold restarted the mill on August 5th, and operated a processed 800 tonnes per day (“tpd”) or greater for several contiguous days. For the month of August, a total of 19,685 tonnes were processed (760 tonnes per day). Gold production for August was approximately 3,200 ounces. The Feasibility Study to expand to a 1,200 tpd throughput rate continues. Mine ...

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Manitou Gold continues to intersect significant Gold Mineralization

Manitou Gold Inc. is pleased to announce that it has intersected significant gold mineralization of 15.7 g/t gold over 0.7 metres within a wider mineralized interval of 18.0 metres at its 100% owned Goudreau project, located 50 km northeast of Wawa, Ontario. Results reported herein represent partial results of a 60 metre wide drill intercept at the Patents property. Highlights: ...

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Noble Mineral Exploration Inc. to Purchase Holdsworth Gold Property from Macdonald Mines

Noble Mineral Exploration has executed an agreement with MacDonald Mines Exploration Ltd. to purchase all of MacDonald’s interest in the Holdsworth gold property, located 25 kilometres northeast of Wawa, Ontario in Corbiere and Esquega Townships. The media release explains that as payment for the Property, Noble will issue to MacDonald 4,000,000 common shares (the “Shares”) of Noble, as well as ...

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Ring Of Fire and SSM Plant Still A Go With No Delays As Per C19

If you were wondering ; the Ring of Fire and Sault Ste. Marie’s chosen location regarding the proposed ferrochrome plant have not been blindsided by the Pandemic. (Although), it’s been a difficult time for sure (as) most of the work we do is with governments and First Nations, and for the last few months governments have been focusing on other ...

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Harte Gold Restarts Milling

Harte Gold has restarted milling operations at its Sugar Zone mine in Ontario, Canada and confirmed filing financial results for the quarter ended June 30, 2020. Sam Coetzer, President and Chief Executive Officer of Harte Gold, commented, “We are encouraged by the positive restart of milling operations at the Sugar Zone mine. We suspended operations at the Sugar Zone mine ...

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