Canada’s Top Ten precious metals juniors
The following companies are the Top Ten Canadian-headquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market…
New Found Gold
New Found Gold probes ‘elephant’ potential of Queensway project
Success begets success; in the mining industry, jurisdictions that continually reward exploration companies for their efforts will attract more attention and more exploration. In Newfoundland…
New Found Gold reports three high-grade gold discoveries in last two months
New Found Gold (TSXV: NFG; NYSE-A: NFGC) has reported more high-grade gold results from its ongoing, 400,000-metre drill program at its Queensway project in Newfoundland. …
Sprott ups stake in New Found Gold to 31.4% with $125.9M purchase of shares from Novo
Western Australia-focused gold producer Novo Resources (TSXV: NVO; US-OTC: NSRPF) has agreed to sell its entire stake in New Found Gold (TSXV: NFG; US-OTC: NFGFF),…
Global Gold Snapshot: Eight companies scouring the globe for gold
With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers…
New Found drills 69.2 grams gold over 14.2 metres at Golden Joint, demonstrating width of high-grade vein
New Found Gold (TSXV: NFG) has released assay results from 23 diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint…
TSX Venture drops, Nov. 22-26
The S&P/TSX Venture Composite Index fell 4.96% or 49.28 points to 944.05 during the November 22-26 trading week. Spot gold dropped US$57.80 per oz. or…
TSX Venture rises, Oct. 11-15
The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40…
New Found Gold to raise $50M for exploration at Queensway, Lucky Strike
New Found Gold (TSXV: NFG; US-OTC: NFGFF) is to issue 4.4 million flow-through common shares of the company at a price of $11.39 each to…
New Found Gold discovers new high-grade gold zone at Queensway
New Found Gold (TSXV: NFG; US-OTC; NFGFF) has found a new high-grade zone at its 100%-owned Queensway gold project in Newfoundland, 15 km west of Gander….
More consolidation expected as Atlantic Canada’s gold rush gathers steam
Atlantic Canada-focused gold juniors are driving an exploration boom in provinces not previously noted for their gold production. The increasing sentiment has one analyst calling…
TSX Venture slightly up, June 21-25
The S&P/TSX Venture Composite Index rose 0.18% to finish the trading week at 948.51. Spot gold increased by US$17.70 per oz., or 1%, to US$1,781.50 per…