MOOSE RIVER, NS, June 6, 2024 /CNW/ - Atlantic Mining Nova Scotia and Natural Forces are pleased to announce they are working together to explore the viability of a renewable energy hub at the Touquoy Gold Mine in Moose River, Nova Scotia. Atlantic Mining and Natural Forces will conduct a feasibility study at the Touquoy Mine to explore repurposing the mine site to host a closed-loop pumped hydro energy storage system [...]
MOOSE RIVER, NS, July 18, 2023 /CNW/ - St Barbara owned Atlantic Mining Nova Scotia Inc. will undergo a workforce reduction this Fall as operations at the Touquoy mine site in Moose River, NS, transition into care and maintenance. This workforce reduction has been brought about because the currently permitted tailings capacity at the mine will be exhausted around the end of September 2023. In January 2023, mining [...]
Atlantic Mining NS Inc. announces that it has completed the acquisition of NSGold Corp. via an amalgamation of 13611647 Canada Ltd. In the Amalgamation, Atlantic acquired all of the issued and outstanding shares of NSGold at a price of CAD $0.40 per share in cash. Atlantic is a subsidiary of St Barbara Ltd. The total consideration for the sale of NSGold is approximately CAD $7.9 million. The Amalgamation was approved by [...]
Today, St Barbara is pleased to announce it has entered into a Community Partnership Agreement with the Mooseland And Area Community Association . The partnership formalizes St Barbara's commitment to the local community at its Touquoy Mine and to helping Mooseland thrive and achieve sustainable benefits and outcomes as our neighbour. St Barbara's Touquoy Mine employs over 300 Nova Scotians. The Mooseland community is [...]
Torian Resources Ltd. is pleased to announce receipt of the final assay results to be included in the upcoming resource estimate update. Many of these latest results contain grades far exceeding the previous 2019 global grade. Results received also incorporate anomalous 4m comps previously reported and which are now upgraded as individual zones. The JORC interim resource estimate update is now scheduled to be completed by [...]
Torian Resources Ltd. is pleased to advise that recent drilling results continue to extend the Mt Stirling Gold System over ~1.1km of Strike, ~300m at depth, and it remains open in multiple directions. Highlights: - The interpreted strike of the Mt Stirling gold system exceeds 1.160km with Mt Stirling Main Zone; Hanging Wall and Viserion lodes all remaining open along strike and down-dip. - Assay results and footprint [...]
Torian Resources Ltd. is pleased to announce that assay results received from the Mt Stirling Gold Project continue to confirm strike extension of the Mt Stirling Gold System to the north west, with the system now confirmed over ~760m strike. Assay results from hole MSRD005 confirm ~120m Viserion lode significant extension at depth - 9.20m @ 2.99 g/t Au from 261m o inc 1m @ 6.88 g/t Au from 264m; and o 1m @ 9.79 g/t Au [...]
Torian Resources Ltd. is pleased to advise that via its wholly owned subsidiary Tarmoola Holdings Pty Ltd it has extended its exclusive option agreement to purchase the 172,662Ha Tarmoola Station. As Torian is looking to finance as much of the purchase as possible though debt so as to avoid significant shareholder dilution, the exclusive option period has been extended until April 30, 2021 allowing additional time for [...]
Torian Resources Ltd. is pleased to announce a significant high-grade gold intercept discovered ~80m NW of the current defined resource estimate area . First assays from the furthest Phase 1 hole of the North West extension MSRC061 returned significant results of 5m @ 4.42 g/t Au , including 1m @ 6.07 g/t Au . These results confirm extension of Mt Stirling's strike of mineralisation by at least 80m to the NW [...]
Torian Resources Ltd. is pleased to advise that via its wholly owned subsidiary Tarmoola Holdings Pty Ltd it has entered into an exclusive option agreement to purchase the 172,662Ha Tarmoola Station. The majority of Torian's Mt Stirling Gold Project including the Mt Stirling, Stirling Well, numerous historical Au workings, and much of the Diorite prospects and historical mines and workings, falls within the bounds of [...]
OzAurum Resources Limited is pleased to announce that on 27 October 2020 its wholly owned subsidiary, OzAurum Mines Pty Ltd , completed the acquisition of a 100% interest in the tenements and applications that comprise the Mulgabbie and Patricia gold projects in the eastern goldfields of Western Australia under a series of option agreements. OzAurum Resources was able to successfully renegotiate the terms of the original [...]
Newly incorporated OzAurum is looking to take a portfolio of strategic assets that had been assembled over almost 30 years by founder and managing director Andrew Pumphrey to the ASX next year. The assets sit in the shadow of Saracen Mineral Holdings' Carosue Dam gold mine about 100km northeast of Kalgoorlie, a region that has been the subject of considerable greenfields exploration. Notable explorers in the area include [...]