Business

Red Pine Announces Engagement of GoldSpot Discoveries to Examine the Wawa Gold Project

Red Pine Exploration Inc. announces it has engaged GoldSpot Discoveries, to apply its proprietary machine learning technology and greenfield geoscience expertise on the Wawa Gold Project. GoldSpot Discoveries (“GoldSpot”) will bring its proven artificial intelligence expertise that has previously led to important mineral discoveries. GoldSpot is a technology company focused on developing artificial intelligence technologies for the mining and exploration ...

Read More »

FONOM is extremely pleased and thankful for the announced resource sharing

The Federation of Northern Ontario Municipalities (FONOM) is welcoming the announcement today that the provincial government will share resource extraction revenues with Northern Ontario municipalities. Announced by Greg Rickford, Ontario’s Minister of Northern Development, Mines, Natural Resources and Forestry, this new revenue-sharing arrangement will see funding dispersed to municipalities to help offset costs associated with repairing and maintaining local infrastructure ...

Read More »

Angus Gold announces first set of assay results from drill program at Golden Sky

  Angus Gold Inc. is pleased to announce the first set of assay results from its ongoing drill program at the Golden Sky Project in Wawa, Ontario. Results from twelve (12) holes totalling 2,295 metres from the 20,000-metre drilling program were successful in confirming high-grade mineralization and have shown the potential for the expansion on the Dorset Deformation Zone. Holes ...

Read More »

Harte Gold Announces BNPP’s Assignment of Credit Facilities

HARTE GOLD CORP. announces that it has been advised that BNP Paribas (“BNPP”) has assigned its rights and obligations in its capacity as lender under the Amended and Restated Credit Agreement made as of August 28, 2020 (as amended to the date hereof, the “Credit Agreement”) and the Forbearance Agreement made as of July 30, 2021 (as amended to the ...

Read More »

Silver Lake Resources Aquires Harte Gold Credit Facilities

Silver Lake Resources Limited advises that it has acquired credit facilities (the “Facilities”) provided by BNP Paribas (“BNP”) to Harte Gold Corp. Harte Gold is a TSX-listed gold mining company which owns and operates the Sugar Zone mine in Ontario, Canada, with an associated 81,287 hectare land package. Further information in relation to Harte Gold and the Sugar Zone Mine ...

Read More »

Harte Gold Announces Additional Funding Commitment of US$2 million

Harte Gold announces that it has obtained an additional funding commitment of US$2 million from BNP Paribas (“BNPP”) pursuant to an amendment of its existing Revolving Credit Facility with BNPP which allows Harte Gold to continue operating while efforts to secure a transaction in its Strategic Review Process continue. The Strategic Review Process has not yet resulted in any binding ...

Read More »

Ontario Secures Major Investment in Clean Steelmaking Technology in Sault Ste. Marie

trillium

The Ontario government is building Ontario by attracting jobs and investment in every corner of the province, including historic and transformative investments such as Algoma Steel’s all-new low-emission Electric Arc Furnace (EAF). “Previously, Algoma Steel was buried in red tape, facing unpredictable skyrocketing hydro costs, and struggling to stay competitive, keep the lights on, and support current and retired workers,” ...

Read More »

Algoma Steel Announces Final Investment Decision for Electric Arc Steelmaking

Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that its Board of Directors has authorized the Company to construct two new state- of-the-art electric-arc-furnaces (EAF) to replace its existing blast furnace and basic oxygen steelmaking operations. The transformation is expected ...

Read More »

Algoma Steel Group Announces Fiscal 2022 Second Quarter Results

Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal second quarter ended September 30, 2021. Unless otherwise specified, all amounts are in Canadian dollars. Michael McQuade, the Company’s Chief Executive Officer, said, “Our financial results for the fiscal second quarter demonstrate continued solid execution by ...

Read More »

Funding Available for Non-Profit Organizations in Superior East Region

The Superior East Community Futures Development Corporation is a non-profit regional organization covering the Superior East Region.  Over the years it has approved over $26 million in loans helping to create or maintain 2,919 jobs in the region.  Over the past year it has also provided over $1 million in RRRF loans to assist small businesses through the pandemic.  Special ...

Read More »

Red Pine Intersects 3.08 g/t Gold over 55.66m at Wawa Project

Red Pine Exploration Inc. (TSX-V: RPX) (“Red Pine” or the “Company”) is pleased to report a significant gold intersection from its 2021 drilling program in the Surluga South discovery area of its Wawa project in Ontario. The Surluga South discovery is now extending up to 500 metres down-dip from the boundary of the current mineral resource of the Surluga Deposit. ...

Read More »

Harte Gold Announces Third Quarter Results

Harte Gold announced its results for the three months ended September 30, 2021. The Company’s unaudited financial results for three months ended September 30, 2021 (“Q3 2021”), together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.hartegold.com.  All currency references in this ...

Read More »

Harte Gold Announces Third Amendment to Forbearance Agreement with BNPP and Provides Update on Strategic Review Process

Harte Gold Corp., announces a third amendment to its Forbearance Agreement with BNP Paribas (“BNPP”). The Forbearance Agreement, initially announced on July 30, 2021, and amended on September 30 and October 15, 2021, has been further amended pursuant to an Amending Agreement dated October 29, 2021, which extends the date to which BNPP has agreed, subject to certain terms and ...

Read More »

Red Pine Announces Completion of Sale of Algoma-Talisman Property

Red Pine Exploration Inc. further to its press release dated August 20 th 2021 announces the completion of the sale of all of Red Pine’s Algoma-Talisman gold prospective property located in Newton Township, Ontario to Newton Gold Corp. for a total purchase price of CAD $1,050,000. Red Pine has now received the remaining CAD $500,000 of the cash portion of ...

Read More »