high-grade gold

Canadian Gold Corp (TSXV: CGC) is progressing its Tartan Lake Gold Mine project in Manitoba, supported by a strategic investment from mining financier Rob McEwen. A pending updated resource estimate will include more than 30,000 metres of drilling completed since 2021. With an average grade of 6.32 g/t Au and strong infrastructure access, the Company is targeting a potential restart of underground operations. CGC also holds projects near Agnico Eagle’s Hammond Reef and Malartic mines. Multiple near-term catalysts, including a resource update, PEA, and additional drill results, could impact valuation as the company advances toward development. [more]

Silver Bullet Mines (SBMI), a Canadian silver and copper exploration company, reported significant progress at its Super Champ and Washington properties. At Super Champ, assays revealed high-grade silver and gold potential, including historic workings with samples up to 1,093.2 oz/t silver. The Washington Mine development targets historic high-grade zones with plans to resume mining from the 150-foot level to the surface. These developments align with SBMI’s strategy to process third-party material at its Globe, Arizona mill, generating revenue while advancing its core assets. Recent updates support eResearch’s revised one-year target price of $0.20 and two-year target price of $0.35. [more]