Skeena loses Albino Lake due to decision by British Columbia gold commissioner

The company says the new property shares similar characteristics with Great Bear's Dixie project.

Total measured and indicate resources now stand at 657 million tonnes grading 0.26% nickel for 1.7 million tonnes of contained nickel, a 9% increase from the previous estimate.

The pour took place on Tuesday, and produced 728 ounces of gold.

Four Points, the owner and operator of the El Limón mine, will now be a subsidiary of Soma Gold.

Study on the project in the Red Lake district has defined a 7-year, 1,315 t/d underground operation.

A 152,000-tonne-per-day open-pit mine at Josemaria would deliver an average of 136,000 tonnes of copper, 231,000 oz. of gold annually over a 19-year mine life.

With rising prices, a favourable supply-demand outlook and few new mines in development, investors are paying close attention to copper.

Between 1887 and 1981, Bunker Hill was one of the most productive mines in America.

Located in Zacatecas, Cerro de Oro adds to Minera Alamos’ Santana and La Fortuna assets in Sonora and Durango.