Business

The Ontario government is providing $9 million to help the only steel pipe manufacturer based in Canada, Tenaris Algoma Tubes, upgrade its facility, purchase new equipment and expand operations in Northern Ontario. The investment will lead to the creation of 153 new high paying full-time jobs and enable the company to better support Canada’s energy sector. “From the moment I ...

Le gouvernement de l’Ontario investit neuf millions de dollars pour aider Tenaris Algoma Tubes, le seul fabricant de tuyaux en acier au Canada, à moderniser ses installations, à acheter de nouveaux équipements et à élargir son champ d’activités dans le Nord de l’Ontario. Cet investissement créera 153 nouveaux emplois à temps plein bien rémunérés et donnera à l’entreprise les moyens ...

Angus Gold Inc. has appointed Steve Burleton as a director of the Company. Burleton has experience in the Wawa area as he was previously with Vice President of Business Development at Richmont (now Alamos).  He is an experienced mining executive with significant experience in capital raising, corporate development and strategy, including President and Chief Executive Officer of GT Gold Corp., ...

RT Minerals Corp. has begun a drill program on Norwalk Gold Property, south of Wawa. This drill program has 5 holes planned to test a large geophysical anomaly coincident with the Gananoque vein near the northwest portion of the Property, as well as test to depth the Red Carbonate Zone (“RCZ”) discovery made by the Company in 2017-18. The media ...

  Bold Ventures Inc. announces that prospecting and sampling was successful in locating key historical occurrences and previously undocumented mineralized shear zones in the 3 key areas of interest ( eastern Tundra Gold Horizon (TGH), the central Farwell Sulphide Zone (FSZ) and the western Koala Gold Area (KGA)) on the property. A total of 102 samples were collected from these ...

The Superior East CFDC has been busy offering new programs to small businesses in the region.  The first program introduced was the Regional Relief and Recovery Fund (RRRF).  This provides a loan to businesses of up to $40,000 that is interest free until December 31, 2022.  As well, if the loan is paid in full by this date then up ...

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, ...

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 ...

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 ...

The Ontario government is launching a recruitment campaign to increase its team of frontline health and safety inspectors by 98 and help ensure workplaces across the province are doing their part to prevent the spread of COVID-19. With these new hires, there will be more labour inspectors on the ground than ever before in the province’s history. “Our government is ...

Le gouvernement de l’Ontario lance une campagne de recrutement pour hausser le nombre d’inspectrices et d’inspecteurs de la santé et la sécurité de première ligne de 98 et veiller à ce que les lieux de travail des quatre coins de la province fassent leur part pour prévenir la propagation de la COVID-19. Grâce à ces nouvelles recrues, la province comptera ...

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 ...

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 ...

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 ...

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 ...