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First Mining partners with Big Ridge on Newfoundland gold project Barge drilling at Springhole. Credit: First Mining Gold First Mining Gold (TSXV: FF; US-OTC: FFMGF) has entered into a definitive agreement with Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in the past-producing Hope Brook gold project in southwestern Newfoundland. Big Ridge may earn up to 80% in Hope Brook through a two-stage, five-year earn in that calls for a total of $20 million in spending on the project, the issue of 36.5 million of its shares to the vendor and a $2 million payment to Fir...

First Mining partners with Big Ridge on Newfoundland gold project April 6, 2021 Topics Developer First Mining Gold (TSXV: FF) has entered into a definitive agreement with Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in the past-producing Hope Brook gold project in southwestern Newfoundland. Big Ridge may earn up to 80% in Hope Brook through a two-stage, five-year earn-in that calls for a total of $20 million in spending on the project, the issue of 36.5 million of its shares to the vendor and a $2-million payment to First Mining ...

Auteco Minerals Pickle Crow Project in Canada “about to take flight”, according to Canaccord Genuity Canaccord has highlighted the grade and scale of the company’s project, which is supported by its strong management team. The brokers valuation is underpinned by the company’s potential production scenario. Auteco Minerals Ltd (ASX:AUT) (OTCMKTS:MNXMF) has been rated with a SPECULATIVE BUY recommendation and a price target of A$0.25 by Canaccord Genuity analysts Tim McCormack and Tyson Kestel. The recommendations are based on the upcoming pipeline of news flow from the com...

Metals Creek Hits Gold in Deepest Known Drill Hole at The Dona Lake Gold Mine, Increases Drilling to 5,000 Meters Deepest hole to date returns 5.31 gt Au over 6.65m Increasing drill program from 2500m to 5000m Metals Creek Resources Corp. ,  is pleased to announce diamond drill results for the first three drill holes from the ongoing phase II diamond drill program at the Dona Lake Gold project . Hole DL20-004 returned the deepest intercept to date at the past producing Dona Lake Gold mine based on currently available data. … Deepest hole to date returns 5.31 g/t Au over 6.65m Increasing dr...

Gold hit a record high in 2020, which was good news for gold companies. Here are the top-performing gold stocks on the ASX for 2020. Click here to read the previous best ASX gold stocks article. 2020 was a record-breaking year for gold, with the precious metal surging above US$2,060 per ounce in August and staying above US$1,850 for the remainder of the year.  Interest in the metal was fuelled by global economic uncertainty related to social and economic instability brought on by the COVID-19 pandemic. Added to that was the seemingly endless US-China trade war, as well as decreased explorati...