The new resource estimate, which combines both in-pit constrained and underground resources, incorporates results of the 30,000-metre drill program recently completed on the Big Claim.
Total measured and indicated mineral resources jumped 26% in terms of ounces and over 10% in grades at the the largest undeveloped bullion project in Atlantic Canada.
Dixie Gold and Red Lake Gold named parties in a statement of claim for $92 million for a cancelled exploration earn-in option on each of the companies’ respective exploration projects.
British Columbia firm looks to unleash a new era of resource extraction, raising questions over how to protect deep-sea ecosystems we know little about.