Appian closes $775m fund as institutions line up for mining investment

Pan Global Resources can now drill the Escacena gold/copper/zinc prospect in the Iberian Pyrite Belt.

Miocene is in the Atacama and Antofagasta regions of Chile, where Cornerstone is targeting epithermal gold-silver and porphyry gold-copper deposits.

Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.

The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.

The discovery came as a fluke.

Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019.

Sentiment in gold is shrinking and if the price doesn't change demand will decline

As soon as 2019 kicks off, the Canadian miner wants to start mapping and sampling the Gold Chain project.

Nicaragua’s Ministry of Energy and Mines granted the company the Las Cruces concession, expanding its La India project package by 45% to 455.6 km2.