CSR’s portfolio includes Castle Silver mine located 85km northwest of Town of Cobalt, which produced nearly 300m grams of silver and 376,000lbs of cobalt.
The Canadian precious metals producer announced a financing plan consisting of a $10-million bought deal private placement offering of four million flow-through common shares.
The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.
Tasca Resources says the new technology is a significant advancement in exploration tools, particularly when it comes to developing potential exploration targets.
A union at Teck Resources’ Quebrada Blanca copper mine on Wednesday rejected a contract offer from the Canadian miner, increasing the likelihood of a strike.