Eric Sprott was the leading investor in the C$8 million placement.

This is a new discovery located 23 km southwest of the company’s Crawford nickel-cobalt project in Ontario’s Timmins-Cochrane camp.

The milestone was reached following the completion of carbon purchases to offset emissions from 10 years of exploration.

Endomines expects production of around 9,000 ounces of gold per year for more than seven years.

The Canadian federal government’s changes to environmental assessment legislation have impacted mineral exploration investment in Canada “pretty significantly,” Osisko CEO and co-founder Sean Roosen tells The Northern Miner.

High gold prices continue to make the precious metal one of the most sought after metals in Canada —and there may be more new gold mines on the horizon.

Benchmark has a 100,000-metre drilling program for 2021, half of which will go toward resource upgrading and expansion.

The world's top 10 biggest copper mines in terms of 2020 production will play a major part in setting prices for the next decade.