The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 54 of 54
Auryn Resources Inc. Sept. 25 said it has completed the acquisition of North Country Gold Corp. Under the arrangement proposed in July, North Country shareholders received one Auryn share for each 10 North Country common shares held. Roughly 99.85 percent of North Country shareholders approved the merger during a special meeting held on Sept. 18 and final approval for the arrangement was obtained from the Court of Queen's Bench of Alberta on Sept. 22. North Country is now a...
North Country Gold Corp. and Auryn Resources Inc. July 8 reported the start of a C$4 million summer exploration program at the Committee Bay gold project in Nunavut. The exploration program will focus on existing drill-ready targets as well as new areas identified through a recently completed prospectivity analysis on the southwest region of the Committee Bay belt. The companies said the focus of the 2015 program is to bring an innovative exploration approach to the Arctic with the goal of maximizing operational efficiencies...
Auryn Resources Inc. and North Country Gold Corp. June 30 reported that they have entered into a letter agreement for Auryn to acquire North Country. The consideration for all of the North Country shares not already owned by Auryn will be the issuance of about 13.8 million Auryn shares valued at roughly C$20.4 million, based on C$1.48 per Auryn share. Under the proposed arrangement, North Country shareholders will receive one Auryn share for each 10 North Country common...
Imperial Metals Corp. Feb. 6 reported that commissioning is underway at the Red Chris gold-copper mine in northwestern British Columbia. The company Feb. 2 received approvals needed to start up the processing plant at Red Chris and began testing the grinding circuit Feb. 3. Mining in both East and Main zones continues, providing a selection of ore styles for mill optimization. Imperial said it is continuing to work closely with the Tahltan First Nation, whose cooperation has been instrumental in construction of Red Chris....
