What green energy transition? Half of mining still exploring for gold
New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.
Fenn-Gib now hosts a pit-constrained indicated resource of 118.1 million tonnes at 0.81 g/t for 3.06 million oz. of contained gold, representing a 47% increase over the previous estimate.
Mining and investment companies are jockeying for acquisitions in the nuclear industry and to develop the Athabasca basin, one of the premier uranium zones in North America.
The DeLamar project spans about 5,300 acres of patented and unpatented claims, comprising the Delamar and Florida Mountain deposits, and War Eagle and BlackSheep districts.