Mayfair Gold expands resources at Fenn-Gib deposit in Ontario
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.
EY's annual British Columbia Mineral and Coal Exploration Survey found Canada’s exploration expenditure remained third in global rankings behind South America and Australia.
As world economies shift to more electrification and away from fossil fuels to reach net-zero carbon emissions by 2050, expect more copper mining and interest in metals like cobalt and nickel.
In late January Adriatic was granted an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo.