Featured News
ARO Drilling Orders Two Super 116E Jack-Up Units from International Maritime Industries
DHAHRAN, Saudi Arabia, Jan. 19, 2020 /PRNewswire/ -- ARO Drilling, a 50/50 joint venture between Saudi Arabian Oil Company ("Saudi Aramco") and Valaris plc, announced today its signing of two contracts with International Maritime Industries ("IMI") for the construction of two LETOURNEAU(TM) Super 116E Class offshore jack-up drilling units. Delivery of the first rig is expected in Q1 2022 and the second rig in Q2 2022. Following delivery, each rig is expected to have an 8-year commitment with Saudi Aramco for operations in Saudi Arabia followed by, subject to certain conditions, additional commitments of up to a combined 8-years.
Patriot Ordnance Factory releases the lightest .308 AR in the world
PHOENIX, Jan. 18, 2020 /PRNewswire/ -- POF-USA is proud to announce the Rogue, an ultra-light carbine weighing in at under 6 pounds. Using the highly acclaimed Revolution design, the Rogue is the same size as the AR-15, yet chambered in the .308 battle rifle cartridge.
Media Advisory - Parliamentary Secretary Larry Bagnell to announce funding, on behalf of the Minister of Economic Development and Official Languages, to the Yukon Mining Alliance for the Invest Canada North initiative
VANCOUVER, Jan. 17, 2020 /CNW/ - Please be advised that Larry Bagnell, Member of Parliament for Yukon and Parliamentary Secretary to the Minister of Economic Development and Official Languages (Canadian Northern Economic Development Agency), will make an announcement on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, supporting the Invest Canada North initiative, led by the Yukon Mining Alliance, which promotes resource development in the territories. In attendance will be the Honourable Sandy Silver, Premier Yukon, the Honourable Caroline Cochrane, Premier Northwest Territories, and industry representatives.
Prime Technological Services Announces The Acquisition Of TeligentEMS
ATLANTA, Jan. 17, 2020 /PRNewswire/ -- Prime Technological Services, LLC ("Prime" or the "Company"), a turn-key provider of electronics manufacturing services announced today that it has acquired TeligentEMS, LLC ("TeligentEMS"), a leading provider of printed circuit boards, electronics assemblies and top level electrical and electronic products for OEM's in commercial, industrial, aerospace, medical and military market segments. TeligentEMS was founded in 2002 by Chris Eldred and operates two manufacturing facilities near Tallahassee, Florida. The acquisition of TeligentEMS enhances the growth of Prime and adds significant capabilities to the Company's service offering for customers and is an important next step in expanding Prime's presence in the U.S. market.
Crystal Lake Cuts 22 metres of 2.00% Copper, 2.27 g/t Gold, 34.36 g/t Silver, and 4.69% Zinc on Surface at its Newmont Lake Project in BC; Discovers Possible High-Grade Source of Multi-Element Burgundy Ridge System
VANCOUVER, Jan. 17, 2020 /CNW/ - Crystal Lake Mining Corporation (TSXV: CLM OTC: SIOCF FSE: SOG-FF) ("Crystal Lake" or the "Company") is pleased to announce the results from Channel Sample BRCH19-01, the first ever continuous channel/trench sample at Burgundy Ridge on the Newmont Lake Project in the Golden Triangle of British Columbia. This channel sample targeted a new discovery area made late in the 2019 season called the "Green Rock Zone" as a result of rapidly receding snow/ice in the region.
The touch probe market is estimated to reach USD 736 million by 2025 from USD 606 million in 2020 at a CAGR of 4.0%
NEW YORK, Jan. 17, 2020 /PRNewswire/ --
Metallis Intersects Significant, Near Surface, Porphyry Copper/Gold Mineralization at the Cliff Zone on the Kirkham Property
VANCOUVER, Jan. 17, 2020 /CNW/ - Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce the first set of assay results from the Company's 2019 drilling campaign (the "Program") which targeted the Cliff Zone of the 7.5km Hawilson Monzonite. The 100%-owned Kirkham Property (the "Property") is in the prolific Eskay Camp of the Golden Triangle, northwestern British Columbia.
Omineca Increases Gold Exploration Claims 13-fold at Wingdam
SASKATOON, Jan. 17, 2020 /CNW/ - Omineca Mining and Metals Ltd. (TSX-V: OMM) ("Omineca" or the "Company") announces that it has staked an additional 36,000 hectares of mineral claims at Wingdam, British Columbia. Omineca now holds 100% ownership of over 39,000 contiguous hectares at its Wingdam project, in addition to the placer claims comprising the Wingdam underground alluvial gold recovery project. Based on the Company's own geophysical work from 2018/19 and the review of available SKYTem geophysical data and regional geology, the Company has identified multiple targets for its 2020 lode gold exploration program.
Grupo Mess Named Exclusive Buehler Distributor for Metallographic and Hardness Equipment in Mexico
LAKE BLUFF, Ill. and QUERETARO CITY, Mexico, Jan. 17, 2020 /PRNewswire/ -- Buehler, an ITW Company announces a partnership with Grupo Mess, a leading Mexico supplier of scientific equipment and services specializing in metrology. The partnership provides local support to Buehler customers and other manufacturers for all their metallographic product and service needs. Grupo Mess offers Buehler's complete line of metallography solutions for sample preparation, materials characterization and hardness testing used in product inspection or quality control laboratories. Automotive, aerospace, electronics, metals and medical device production facilities will benefit from a team of proven experts offering local sales support, quick service response and a stocked Mexico-based consumables warehouse for fast fulfillment. Grupo Mess has its own personnel and offices in Queretaro city (Queretaro state), Monterrey city (Nuevo Leon state), and San Luis Potosi city (San Luis Potosi state).
MAS Gold Announces North Lake Property 2019 Surface Channel Sampling Results
VANCOUVER, Jan. 16, 2020 /CNW/ - MAS Gold Corp. ("MAS Gold" - TSX-V:MAS) announces results from its surface channel sampling and structural mapping program completed in November, 2019 at the North Lake gold deposit, located in the La Ronge Gold Belt, roughly 65 kilometres northeast from La Ronge in north central Saskatchewan.
B2Gold Announces Updated Fekola Mineral Resource Including A Substantial Increase in Indicated Mineral Resources for the Fekola Project in Mali (B2Gold 80%/State of Mali 20%)
VANCOUVER, Jan. 16, 2020 /PRNewswire/ - B2Gold Corp. (TSX:BTO, NYSE AMERICAN: BTG, NSX:B2G) ("B2Gold"or the "Company") is pleased to announce an updated Fekola Mineral Resource estimate including a substantial increase in Indicated Mineral Resources at the Fekola Mine following a successful infill drill program in 2019.
Sayona Mining Ltd (ASX:SYA) Bid Deadline Extended for North American Lithium
Emerging lithium miner Sayona Mining Limited (ASX:SYA) (FRA:DML) (OTCMKTS:DMNXF) announced today the bid deadline for North American Lithium (NAL) has been extended by the administrator to no later than 2pm (Montreal time), 21 February 2020, compared to the previous 21 January deadline.
Nova Minerals Ltd (ASX:NVA) Estelle Gold District Drilling Contract Awarded
The Directors of Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:QTRPF) are pleased to announce the engagement of a Tier One drilling contractor, Ruen Drilling Inc. (Ruen). Ruen's expertise in diamond drilling will assist with the Company's progression of the Korbel deposit to a future low strip, bulk minable, heap leach gold operation.
Rubicon Minerals Files the Technical Report for the Phoenix Gold Project and Participates in the Upcoming Vancouver Resource Investment Conference 2020
TSX: RMX | OTCQX: RBYCF
Laramide Resources Closes $4.5 Million Equity Financing
Listed (TSX:LAM; ASX:LAM)
Mirasol Updates on Drilling Activity at Gorbea High Sulfidation Epithermal Gold Project in Northern Chile
VANCOUVER, Jan. 16, 2020 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the "Company" or "Mirasol") is pleased to provide an update on the drilling activities at its Gorbea Gold project in Northern Chile, completed by Newcrest Mining Limited (ASX:NCM) ("Newcrest") under the option and farm-in agreement announcement last year. Since the commencement of this season's drill program in October 2019, Newcrest has drilled seven diamond drill holes for a total of 3,148m drilled. Of these seven holes, two were lost due to drilling conditions, with one hole twinned and the second terminated prior to reaching the planned depth. Newcrest is currently drilling an eighth hole and Mirasol looks forward to providing an update as additional assay results are received along with a more detailed geological discussion on the outcome of this year's program (figure 1).
Turquoise Hill announces fourth quarter 2019 production and 2020 operational and financial guidance
MONTREAL, Jan. 16, 2020 /CNW/ - Turquoise Hill today announced fourth quarter 2019 production for Oyu Tolgoi as well as operational and financial guidance for 2020.
Meritor Acquires TransPower, Advancing its Electrification Expertise
TROY, Mich., Jan. 16, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has acquired all the outstanding common shares of Transportation Power, Inc. ("TransPower"). Terms of the transaction were not disclosed.
MEI Rigging & Crating Expands into Southern California with the Acquisition of Dunkel Bros
LA MIRADA, Calif., Jan. 16, 2020 /PRNewswire/ -- MEI Rigging & Crating, LLC ("MEI"), a leading provider of machinery moving, millwrighting, installation, crating and export packing services, announced that it has acquired Dunkel Bros Machinery Moving, Inc. ("Dunkel Bros"). Dunkel Bros is a provider of machinery moving and warehousing services based in Los Angeles, California.
Morneau Shepell and Sun Life announce a $560 million pension risk transfer from Iron Ore Company of Canada
Largest same-day single insurer group annuity in Canadian history
The global HDPE pipes in FTTx market was valued at $1.3 billion in 2018, and is projected to reach $2.9 billion by 2026, growing at a CAGR of 10.1% from 2019 to 2026
NEW YORK, Jan. 16, 2020 /PRNewswire/ --
Western Sierra Resource (WSRC) Provides Shareholder Update
STEAMBOAT SPRINGS, Colorado, Jan. 16, 2020 /PRNewswire/ -- Western Sierra Resource Corporation (WSRC), is pleased to provide the following corporate update to its shareholders and the investment community.
Tooling U-SME Awarded DoD Workforce And Education Grant
CLEVELAND, Jan. 16, 2020 /PRNewswire/ -- Tooling U-SME, the leading provider of manufacturing training solutions, announced today that the Department of Defense has awarded it a workforce and education grant to develop training programs that support the skills development of America's workforce in the defense sector.
Freegold intersects 99 metres grading 0.29% Cu at Shorty Creek
VANCOUVER, Jan. 16, 2020 /CNW/ - Freegold Ventures Limited (Freegold) (FVL: TSX) is pleased to announce the results of the 2019 drilling program at Shorty Creek. A diamond drill program commenced in mid-August and a total of 5 holes (1,542 metres) were drilled. Difficult drill conditions resulted in the abandonment of three holes. Two holes were abandoned before their target depth on Hill 1835 and one hole on Hill 1710 area was also abandoned before reaching target depth.
Novelis Announces Closing of Offering of $1.6 Billion of Senior Notes due 2030
ATLANTA, Jan. 16, 2020 /PRNewswire/ -- Novelis Inc. ("Novelis"), the world leader in aluminum rolling and recycling, today announced the completion of the previously announced offering of $1.6 billion aggregate principal amount of 4.750% senior notes due 2030 (the "Notes") by Novelis Corporation, an indirect wholly-owned subsidiary of Novelis. The Notes are guaranteed, jointly and severally, on a senior unsecured basis, by Novelis, and by certain of Novelis' subsidiaries.
Etruscus Extends Mineralized Black Dog System to 2.7 km With 1.75 km Step-Out
VANCOUVER, Jan. 16, 2020 /CNW/ - Etruscus Resources Corp. (CSE: ETR) (the "Company" or "Etruscus") is pleased to announce results from its initial 2019 drill program on its wholly owned Rock & Roll Property in British Columbia's Golden Triangle region. The program comprised 2,622 meters ("m") of core in 8 drill holes, all completed outside of the existing resource area.
Visible Gold Mines Acquires 100% Interest in 263 Hectares of Land Adjacent to Dios K2 Gold Project and 3 Kilometres to Azimut Elmer Gold Property in the James Bay Region
ROUYN-NORANDA, QC, Jan. 16, 2020 /CNW Telbec/ - Visible Gold Mines Inc. (TSXV: VGD) (FRANKFURT: 3V41) is very pleased to announce that it acquires a 100% ownership interest in five mining claims covering 263 hectares of mining land package directly bordering Dios Exploration K2 gold property and less than 3 kilometres from the southwestern portion of Azimut Elmer Gold project. The five mining claims were acquired by map designation.
TriStar Recognized for High Customer Satisfaction, Return on Investment, Technical Expertise and Services for 2019
PHOENIX, Jan. 16, 2020 /PRNewswire/ -- Continuing a trend of nearly two decades of success in the North America as one of the industry's leading CAD, PLM product & solutions specialists, TriStar is proud to continue to support its product offerings with high levels of consulting and service satisfaction among customers.
Exploration Update on Shot Rock and Root & Cellar Gold Projects - Drilling to Commence Shortly at Shot Rock
OTTAWA, Jan. 16, 2020 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to provide an update on exploration at the Company's two flagship properties, the Shot Rock Property ("Shot Rock") in Nova Scotia and the Root & Cellar Property ("Root & Cellar") in Newfoundland; both of which are being explored for low sulphidation epithermal (LSE) gold mineralization. Northern Shield can earn up to an 80% interest in Shot Rock and 100% in Root and Cellar.
Metallix Achieves ISO 14001: 2015 Certification for Environmental Stewardship
SHREWSBURY, New Jersey, Jan. 16, 2020 /PRNewswire/ -- Metallix Refining Inc., a global leader in precious metals recycling and refining, has earned the International Organization for Standardization's (ISO) 14001:2015 certification for adherence to the latest global environmental best practices in its North Carolina lab and production facilities. The certification audit was by performed by ABS Quality Evaluations and completed with no non-conformances.
Taseko Announces Improved Economics and New 820 Million Tonne Reserve Estimate at its Yellowhead Copper Project in British Columbia
VANCOUVER, Jan. 16, 2020 /PRNewswire/ - Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) ("Taseko" or the "Company") is pleased to announce that recently updated technical work on the Yellowhead Copper Project in Central British Columbia has resulted in a 22% increase in recoverable copper reserves and significantly improved project economics. The Company has filed a new technical report ("Technical Report on the Mineral Reserve Update at the Yellowhead Copper Project" dated January 16, 2020) (the "Technical Report") on SEDAR. The Technical Report was prepared in accordance with NI 43-101 and encompasses a new development plan and updated study on the Yellowhead Copper Project.
Crystal Lake Mining Appoints New CEO and Director
VANCOUVER, Jan. 16, 2020 /CNW/ - Crystal Lake Mining Corporation (TSXV: CLM OTC: SIOCF FSE: SOG-FF) ("Crystal Lake" or the "Company") is pleased to welcome Mr. Cole Evans as the Company's CEO and a Director effective immediately. Mr. Maurizio Napoli who has served as the Company's interim CEO since September 2019, will remain the President, VP of Exploration and a Director of the Company.
ATAC Identifies Silver-Lead-Gold Mineralization at the Connaught Property
VANCOUVER, Jan. 16, 2020 /CNW/ - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC") is pleased to announce exploration results at its wholly owned 115.5 km(2) Connaught property. The Connaught property is road accessible and located at the head of the Sixty Mile placer camp near Dawson City, Yukon. The property hosts over 20 distinct silver-lead-gold veins that grade between 100 and 4,050 g/t silver, 3.00 to 79.41% lead, and background to 10.90 g/t gold.
Meritor Appoints Chris Villavarayan Executive Vice President and Chief Operating Officer
TROY, Mich., Jan. 16, 2020 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the appointment of Chris Villavarayan as executive vice president and chief operating officer (COO), effective immediately. Villavarayan, 49, has served as senior vice president and president of Meritor's Global Truck segment since January 2018.
Moneta Discovers Gold Mineralization at New Westaway Target and West Block Deposit Extensions
Symbol: TSX: ME
Anaconda Mining Announces Positive Results From Goldboro Bulk Sample Program
TORONTO, Jan. 16, 2020 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (ANX: TSX) (OTCQX: ANXGF) is pleased to announce the results of an underground bulk sample program (the "Bulk Sample") undertaken at its 100%-owned Goldboro Gold Project ("Goldboro" or the "Project") located in Nova Scotia, Canada. The objectives of the Bulk Sample were to confirm the geological interpretation of the deposit, test for spatial and grade continuity of the mineralized structures, validate key assumptions of the updated Mineral Resource model, and test certain types of mining methods.
Asanko Gold Announces 2019 Results From the Asanko Gold Mine Joint Venture
(All dollar amounts are United States dollars unless otherwise stated)
Turnspire Capital Partners Acquires MPI Holdings
NEW YORK, Jan. 16, 2020 /PRNewswire/ -- Turnspire Capital Partners LLC ("Turnspire"), a special situations-focused private equity firm, announced today that, through an affiliate, it has acquired the assets of MPI Holdings, LLC ("MPI" or the "Company"). Turnspire also announced that Trevor Myers, an accomplished and respected automotive executive and a Turnspire Executive in Residence, has been appointed President and Chief Executive Officer of MPI.
Minerva Intelligence to Demo its AI-Powered Mining Software at AME Roundup 2020
VANCOUVER, Jan. 16, 2020 /CNW/ -Minerva Intelligence Inc. is pleased to announce their participation in the 2020 AME Roundup Conference which will be held January 20(th) - 23(rd) at Vancouver's Convention Center. Minerva CEO Scott Tillman will be in attendance at booth #500.
Avino Announces Q4 and Full Year 2019 Production Results
VANCOUVER, Jan. 16, 2020 /PRNewswire/ - Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE, "Avino" or "the Company") announces its fourth quarter and full year 2019 production results from its Avino property near Durango, Mexico.
Insteel Industries Reports First Quarter 2020 Results
MOUNT AIRY, N.C., Jan. 16, 2020 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced financial results for its first quarter ended December 28, 2019.
Trilogy Metals Provides Update on Project Activities
VANCOUVER, Jan. 16, 2020 /PRNewswire/ - Trilogy Metals Inc. (TSX/NYSE American: TMQ) ("Trilogy Metals" or the "Company") is pleased to provide an update on its current corporate and project activities.
Gatling Extends Bear Deposit 750 m West and 500 m towards surface with 11.2 g/t Au over 5.0 m
VANCOUVER, Jan. 16, 2020 /CNW/ - GATLING EXPLORATION INC. (TSXV: GTR, OTC: GATGF) (the "Company" or "Gatling) is pleased to report that drilling has extended the Bear deposit by 500 meters up plunge from its main body of mineralization and by nearly one kilometer to the west near surface (Figures 1 and 2). Drill hole GTR-19-023 intersected 11.2 g/t Au over 5.0 meters while hole GTR-19-022 encountered 8.3 g/t Au over 2.0 meters and 5.1 g/t Au over 3.0 meters within 150 meters of surface (Table 1).
E3 Metals Provides Technology Update, Company to Host Live Webinar
TSXV: ETMC
FSE: OU7A
OTC: EEMMF
Vizsla Discovers a New Vein With 557 Gram Per Tonne Silver Equivalent Across 3.4 Metres at Panuco Project in Mexico
(VZLA-TSX-V)