The company has released assays for 13 drill holes completed within the 6-km long Sprite corridor at its gold project in Newfoundland.

The early-stage study defined a 15-year, 11,000 t/d open pit operation, mining the Marban, Norlartic, Kierens, North-North and Gold Hawk deposits in Quebec.

The project is located immediately south of the Red Chris mine, which is viewed by the company as a potential tier 1 asset.

Australian junior has increased its drill program at First Mining Gold‘s Pickle Crow gold project, in Ontario, to 45,000 metres from 10,000 metres.

The companies want to create a 50/50 JV at the Quesnel porphyry copper project.

Randy Smallwood will replace former AngloGold CEO Kelvin Dushnisky.

Shares of Sabina Gold surged to a 52-week high on the latest results.