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Durango’s Discovery breaks the ice
Durango Resources Inc. (TSX.V: DGO) (OTCQB:ATOXF) (FSE:86A1) field team are headed to their Discovery project in the Frotet-Evans Archean Greenstone Belt soon to poke around for more good gold discoveries. Decent assay results could put the company’s shares in proper business. Although the mining exploration and project development pipeline seems to be frozen over by […]
Is 2021 consolidation on the cards for Durango Resources?
On the Frotet-Evans greenstone belt, 100km from Chibougamau, Troilus Gold Corp. (TSX:TLG) has moved to acquire UrbanGold Minerals Inc. (TSX:UGM) in a deal worth C$19m. The sale will make the company the largest claim-holder in the area and bring them into direct contact with the Discovery project owned by Durango Resources Inc. (TSX:DGO, OTCQB:ATOXF, Frankfurt: […]
Drilling ramps up at Durango
Canadian exploration company Durango Resources (TSX-V: DGO; OTCQB: ATOXF; Frankfurt: 86A1) is heading north as drilling for gold ramps up in the prolific Windfall Lakes district and the possibility of good results get retail investors excited. If you are an investor and into gold, the Abitibi and Urban Barry Greenstone Belts in Canada should be on your […]
Limestone the outlier of Durango’s portfolio
Five years ago, when Canadian exploration company Durango Resources Inc. (TSX-V: DGO ; Frankfurt: 86A1 ; OTCQB: ATOXF) first appeared on the investment radar, gold was in the doldrums. In October 2015, the gold price hovered at around USD1,142 per ounce, lucky to tread water above USD1,000 per ounce after a horrific run by the […]
Further upside potential at Windfall Lake
In Canada’s Windfall Lake, 200km north of Val D’or (Valley of Gold), three companies are positioned around the same geological faults in the most active exploration site in Quebec, the Abitibi greenstone belt. Since the early 1900’s, the area has produced over 170 Moz of gold, 400 Moz of silver, 35 billion lbs of zinc […]
Engineer Gold Mines: Setting the stage for production
Engineer Gold Mines Ltd (TSX.V:EAU) (WKN: A2JNAB) intends to bulk sample 5000oz Au per year. Gold prices hitting new highs 2020 has been a good year to be a gold investor and by the looks of things, that won’t be ending any time soon. Thankfully, this favorable point in the cycle coincides with many positive […]
Prime Mining receives funding to expand gold exploration efforts
According to S&P Global Market Intelligence, the recent rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending. However, Prime Mining’s (TSX.V:PRYM)(OTCQB: PRMNF) (Frankfurt: A2PRDW) has received an investment of C$10million to expand its exploration efforts at its Los Reyes gold deposit […]
America Seeks Supply Security – How To Benefit
At the forefront of the North American mining conversation is the US government’s emphasis on securing domestic supply of critical minerals and ending reliance on China. The Trump administration’s over arching policy is “America First,” and while so far the results are not amazing, they have attempted to balance the trade relationship with China […]
Fortune Minerals’ attractive project with four different payable metals
US and Canadian governments recognize the importance of locally sourced raw material including critical metals such as cobalt, and Fortune has proposals currently being looked at. Current projects are polymetalic which include, cobalt, gold, bismuth and copper, which helps offset price volatility of individual metals. In about two years time, all of the known […]
? Low uranium price limits global uranium supply
Nuclear is such an important part of the electric grid worldwide and the price will need to increase in order for producers to go back online. Less capital intensive technique chosen for high-grade, near-surface PLS Project in Athabascan Basin. Completed $10mil USD lending agreement with Sprott which will enable advancement of a feasibility study, […]