The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 152 of 152
Aston Bay Holdings Ltd. Dec. 29 said it has raised initial funds for a planned 2018 drill program at its Aston Bay copper and zinc property in Nunavut. The first tranche of a planned C$4 million, which was closed on Dec. 28 to capture flow-through tax effects for 2017, involved the issuance of 3.975 million flow-through shares at C16 cents per share, for a total of C$636,000. Under Canada's Income Tax Act, a flow-through financing allows mineral exploration companies to...
Sabina Gold & Silver Corp. Dec. 20 reported that the Nunavut Impact Review Board has issued the final project certificate for Back River, allowing the company to advance the gold mine project through the final licensing and permitting stage. Sabina submitted the original environmental impact statement for a 3,000-metric-ton-per-day mine at Back River project late in 2015. NIRB recommended to the Minister of Indigenous and Northern Affairs Canada not to advance the project through permitting. After reviewing the...
