Fokus Mining releases resource estimate for Galloway project in Quebec

The work involves multiple regional-scale surface exploration programs, covering approximately 331,000 hectares of mineral tenure.

The net amounts raised by both types of flow-through shares will be used for exploration expenses in the Yukon Territory.

As consideration, Victoria will receive approximately 8% of Sitka's outstanding shares.

The company pointed to the challenges it has faced over the years in raising sufficient capital for its Bradshaw deposit.

Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.

The gold mine halted operations for 24 hours after an employee died near the paste plant.

The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm.

The sale of 79 million shares earned $139 million and reduced B2Gold’s holding in Calibre from 14%.

Gold has benefited from a run of soft economic data this week.