Canadian Mining Journal Staff

Key moves in the mining sector.

Company is starting off 2021 with a 15,000-metre drill program at its Elmer property, 285 km north of Matagami in Quebec’s James Bay region.

Underground drilling at the Island Main zone, completed off of the 840-level exploration drift, expanded high-grade gold mineralization by up to 200 metres to the east of existing reserves, in a 300-metre gap between reserves

The drill highlights include 18.3 metres of 0.84 g/t gold starting at 170.7 metres.

Company has completed the second phase of metallurgical testing and pilot plant trials for its Marathon palladium-copper project in northwestern Ontario.

Cobalt solvent extraction expected to start at the beginning of February.

Goldshore to acquire the 143-sq.-km gold project, 100 km west of Thunder Bay, Ontario, for total consideration estimated at C$57 million.

The Canadian expansion includes plans for more real mine environment testing.

The drill highlights include 1.7 metres of 29.6 g/t gold and 32.7 g/t silver.

Company has announced processing test results from its nickel-cobalt sulphide project in the Timmins-Cochrane mining district.