The Vancouver-based miner has inked a deal to acquire 100% of the Yellowknife Gold Project and nearby Big Sky Property, both located in the Northwest Territories, Canada.
Discovered in 1976, the property area was the subject of intense exploration during the 1970s and 1980's, when Acquitaine Company of Canada and Esso Resources Canada completed 190 drill holes totaling approximately 22,000 m on the project area.
OceanaGold Corporation is pleased to announce first gold production at the Haile Gold Mine. Today, the operation poured its first gold doré bars totalling 445 ounces.
This first-of-its-kind helium purification facility uses a hybrid process of Membrane and PSA (Pressure Swing Adsorption) technology and promises to revitalize the Canadian helium resource industry.
U3O8 Corp., a Canadian-based company focused on the development of deposits of uranium and associated commodities, reports on significant developments in nuclear energy in the South American country.
The project, which began in February 2016, consisted in the rehabilitation and improvement of the extraction capability of shaft #3 as well as improvement of infrastructure, security and preparation of prospective mining areas at levels 2 to 4 of the mine.
Nunavut and Yukon are expected to see positive but modest growth in 2016, but the economy of the Northwest Territories (N.W.T.) will remain virtually flat this year, a report published Wednesday shows.
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project located immediately to the north, west and south of the Gahcho Kué diamond mine currently under development by De Beers and Mountain Province Diamonds.