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Adanac Molybdenum Enters Non-Binding Letter of Intent for Sale of Company and Distribution to Shareholders

Adanac Ruby Creek

Adanac Molybdenum Corporation (“Adanac” or the “Company”) (TSX-V: AUA.V) announces that is has entered into a letter of intent (the “Letter of Intent”) with Whitebox Advisors, LLC (“Whitebox”), which acts as investment advisor for several significant shareholders of the Company. The Letter of Intent sets out the intention of the Company and Whitebox (collectively, the […]

Alloycorp Mining shuts down Kitsault Project

Avanti Mine - Kitsault

Not announced but known throughout the Terrace region, Alloycorp has laid off most employees in the Terrace area and are closing the mining site at Kitsault. The site is being closed and not put into care and maintenance. There will be a couple of employees on site to monitor any developments in the area

Alloycorp Mining Announces Changes to Project Execution Strategy

Avanti Mine - Kitsault

Alloycorp Mining Inc. (TSX-V: AVT) (“Alloycorp” or the “Company”) is pleased to announce changes in its engineering and construction strategy to optimize development of the Avanti Kitsault Project (“Avanti Kitsault” or the “Project”). Alloycorp, through its wholly-owned subsidiary Avanti Kitsault Mine Ltd. (“AKML”) will transition all engineering services from AMEC Americas Inc. (“AMEC”) to DRA […]

Alloycorp Mining Announces Arrangements for US$435 Million in Financing

Avanti Mine - Kitsault

  Alloycorp Mining Inc. (TSX-V: AVT) (“Alloycorp” or the “Company”) is pleased to provide shareholders with an update on the financing and development of the Avanti Kitsault Project (“Avanti Kitsault” or the “Project”). A number of significant achievements have been completed since the Company’s general corporate update announced November 11, 2014. The details of the […]

Carmax Drilling Results


Carmax (TSX-Venture: CXM) is pleased to announce the analytical results for the last two drill holes from its 2014 diamond drilling program on its 100% owned Eaglehead copper-gold-molybdenum-silver project located in northwest British Columbia. To view the location of 2014 drill holes, visit the Carmax website at Highlights for the two diamond drill holes […]

Thompson Creek Metals Company to Place Endako Molybdenum Mine on Temporary Suspension

Thompson Creek Endako Truck

Thompson Creek Metals Company Inc. (“Thompson Creek” or the “Company”) announced today that it and its joint venture partner, Sojitz Moly Resources, Inc. (“Sojitz”), have agreed to place the Endako molybdenum mine on temporary suspension effective December 31, 2014, due to continued weakness in the molybdenum market. Thompson Creek holds a 75% interest in the […]

A Canadian Ghost Town That is Stuck in Time

Avanti Mine - Kitsault

Kitsault  is a town in British Columbia, Canada which has been abandoned for the past 30 years. The town was erected in 1979 due to the emergence of the American Mining Corporation Phelps Dodge and Molybdenum mine in the area and was originally intended as a base to house miners and their families. The town […]

Avanti Reports The Start Of The Final 30-Day Public Comment On The Comprehensive Study Report Of The Kitsault Mine Project

Avanti Mine - Kitsault

Avanti Mining Inc. (TSX-V: AVT) (OTC: AVNMF.PK) through its wholly owned subsidiary Avanti Kitsault Mine Ltd. (“Avanti” or the “Company”) has received notice on the beginning of the final 30-day public comment period on the Comprehensive Study Report (CSR) by the Canadian Environmental Assessment Agency (CEAA). CEAA has been conducting a comprehensive environmental assessment on […]

Finlay Minerals Ltd. Begins 2013 Silver Hope Exploration Program

Finlay minerals

  Finlay Minerals Ltd. (TSXV: FYL) (the “Company”) announces that a multi-phase exploration program will start immediately on the Silver Hope project, located southeast of Houston in central B.C. Detailed follow-up work will entail prospecting, geological mapping along with rock and soil sampling on multiple geophysical anomalies identified by the 2012 airborne ZTEM survey. Favourable […]

Avanti Mining Receives Funding

Avanti Mine - Kitsault

Avanti Mining Inc. (TSX-V:AVT) (OTC: AVNMF.PK) and its wholly owned subsidiary Avanti Kitsault Mine Ltd. (“Avanti” or the “Company”) announces that it has entered into a binding and committed term sheet with CEF Holdings Limited (“CEF”) and Resource Capital Fund IV L.P. (“RCF”) (collectively referred herein as Lenders) that provides an additional US$10 million secured […]

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