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Atna Increases Gold Resources at Briggs Mine
Atna Resources Ltd. reported an increase in gold resources at its Briggs Mine, Inyo County, California, based on a recently completed mineral resource estimate. The updated estimate incorporating recent drilling has resulted in an increase in Measured and Indicated gold resources by 11% to approximately 678,815 contained ounces of gold (0.006 oz/ton gold cut-off). Additionally, [...]
Atna Resources Plans To Start Gold Mining Production at Briggs Mine in April
Atna Resources has begin mining and stockpiling gold ore at its Briggs mine, in Inyo County, California, and expects to produce its first metal in April, the firm said on Wednesday.
Canyon Resources Announces $4.95 Million Private Placement
Canyon Resources Corporation, a Colorado-based mining company, today announced that it has closed a private placement with a group of accredited investors in the aggregate principal amount of $4.95 million with net proceeds to the Company of approximately $4.7 million.
The private placement consisted of the sale of approximately 8.82 million shares of the Company’s common [...]
Canyon Resources, Newmont make deals
Canyon Resources Corp. recently cemented deals with another Colorado gold-mining company, Newmont Mining Corp., to cut costs and add properties.
Canyon acquired the 3 percent net smelter return (NSR) royalty held by Newmont on Canyon’s Briggs Mine near Death Valley, Calif.
Net smelter return is the amount of money a smelter or refinery pays a [...]
