Barrick-backed Dakota Gold seeks Homestake-style lode

Atlanta is on the site of a past-producing open-pit gold mine where Standard Slag produced 110,000 oz. of gold and 800,000 oz. of silver.

Highlight intercepts include 137.5 metres grading 0.44 gram gold per tonne and 18.7 metres of 0.97 gram gold.

The private placement is led by Michael Gentile, one of its largest shareholders, who plans to up his stake to 9.99%.

Net proceeds will go towards Lithium Ionic's two development projects, Itinga and Salinas.

The first phase will collate and analyze existing information from current and historic mining operations to identify sites for future laboratory and fieldwork studies.

New Gold has reiterated its strategy to extend the New Afton mine life beyond 2030 through the drill bit.

US explorer announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property.

Probe will use the net proceeds for its flagship Novador gold project located in the Val-d’Or mining camp of Quebec.

Fourteen holes covering 4,105 metres of expansion drilling showed gold extensions away from the higher-grade Jubilee Shear.