Anaconda Mining Inc.: Anaconda Mining Intersects 4.99 g/t Gold over 4.0 Metres and 1.74 g/t Gold over 12.0 Metres at the Tilt Cove Project
May 27
, 2021 / Anaconda Mining Inc. ( Anaconda or the Company ) (TSX:ANX) (OTCQX:ANXGF) is pleased to announce the results of an additional 6,327.3 metres from an ongoing 10,000 metre diamond drill program ( Drill Program ) at its Tilt Cove Gold Project ( Tilt Cove ), located within the Baie Verte Mining District in Newfoundland, approximately 45 kilometres by road from the Company s Pine Cove Mill and long-term tailings facility. The Drill Program was designed to test several gold targets at East Pond, Betts Cove, West Pond and Growler, which were developed from previous exploration work completed in 2019 and 2020. The East Pond, West Pond and Growler targets are associated with two prospective iron formations, the Nugget Pond Horizon (which is host to the past-producing, high-grade, Nugget Pond Mine) and the adjacent, parallel Red Cliff Hor
Anaconda Mining Intersects 4 99 g/t Gold over 4 0 Metres and 1 74 g/t Gold over 12 0 Metres at the Tilt Cove Project
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Anaconda Mining Intersects 4 99 g/t Gold over 4 0 Metres and 1 74 g/t Gold over 12 0 Metres at the Tilt Cove Project
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Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
Toronto, Ontario (Newsfile Corp. - May 10, 2021) -
Maritime Resources Corp. (TSXV: MAE) ( Maritime or the Company ) is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ( Hammerdown or the Project ) from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King s Point and Springdale.
The proposed Project consists of the construction, operation, decommissioning and remediation of an open pit and underground gold mine, an on-site crushing and sorting plant and associated infrastructure located on the footprint of a brownfield mine site. Final mineral processing to gold dore would occur offsite at the Nugget Pond gold circuit, approximately 140 km by highway from the Hammerdown project site. Maritime recently announced the purchase of th
7 May 2021 | 09:15am
StockMarketWire.com - Rambler Metals and Mining a copper and gold producer, explorer, and developer has reported a small increase in revenues to $7.06m (£5.07m) for the three months ended March 31, 2021, up slightly on 2020’s Q1 result of $6.58m (£4.73m)
Debt repayments of $1.29m (£0.93m) were made, but net debt remained, totalling $3.46m (£2.49m) at the end of the quarter. During Q1 2021, the Nugget Pond copper and gold milling facility processed 57,357 dmt at a feed grade of 1.64% copper and 0.55 grams per tonne of gold. Recovery of metal to concentrate was 96.6% and 66.0% for copper and gold respectively.
Delays to the production ramp-up have had and are expected to have a negative impact on the company s cash position in the short term. To ensure the company has adequate funds available for both development and working capital through this production ramp-up period, the firm is to investigate financing options.