The claims, which are adjacent to Gold Terra’s wholly owned Yellowknife City gold project in the Northwest Territories, include the southern extension of the Campbell Shear zone.

First hole completed by RT Minerals at the recently optioned Link Catharine RLDZ property hit a wide and near-surface interval of gold mineralization.

Shares of SSR Mining surged 10.1% following its Q3 2020 results.

As it works towards an updated resource estimate and feasibility study for its gold project in Nunavut, company is going ahead with detailed engineering for the process plant and other infrastructure.

The offer would value Canadian miner at approximately C$1.60 per share.

Mark Bristow met Papua New Guinea landowners on Thursday to discuss royalty arrangements, as the miner seeks to negotiate a reopening of the Porgera gold mine.

Gold mining investors are pressuring the country to change a law forcing producers to sell their output to the central bank.