Newcrest closes in on Pretium as shareholders vote looms

A new report looks at determining concentrations of the halogen elements in spruce top needles to see if they contain signals of mineral deposits.

Drill highlights from the latest release include 2.7 metres of 35.3 g/t gold.

The miner released assay results on two new drill holes.

Company reported an adjusted loss for Q1 at $18 million, or 3 cents per share, impacted by closure of the Rainy River mine.

Company said it was left with limited options after Tunghsu Group withdrew its investment.

The donation will be split equally across Botswana, Canada, Namibia and South Africa.

The Victoria-based company plans to start a campaign soon, as the Ontario government deemed mining and exploration an essential business able to continue working during the covid-19 pandemic.

The creation of the war room - or Canadian Energy Centre - was a $30 million, 2019 election promise by Premier Jason Kenney.

The company has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000.