Articles for tag: East, exploration, Gold, McEwen, million, raises, stock, West

May 30, 2024

Ron Finklestien

mining

McEwen raises $22 million for Stock East and West gold exploration

After paying agents fees, McEwen expects to net C$28.5 million. The Fox gold complex covers 70 sq. km. along 18 km of the Destor-Porcupine fault. It includes the 2,000 tonne per day Black Fox mill and the Black Fox mine to the east. The measured and indicated resources are 14.3 million tonnes grading 4.14 g/t gold, containing close to 1.9 million oz. There is also an inferred resource of 4.2 million tonnes at 3.74 g/t gold, containing 503,000 oz. of gold. McEwen’s project pipeline includes the Fox gold project as well as Stock East and West. The former Stock mine

February 29, 2024

Ron Finklestien

mining

Getech and East Star Embark on a Copper Exploration Journey in Kazakhstan

Strategic Partnership Forges A Path in Kazakhstan Getech, a UK-based technology company, has joined forces with East Star to delve into the depths of copper exploration in Kazakhstan. East Star currently holds copper licenses on the Verkhuba deposit, along with licenses for orogenic gold and rare earth prospects in the country. They will take the lead in the application process for new tenements and licenses, as well as spearhead operational activities within the project areas. Equity Participation Strategy to Lead the Way In a groundbreaking move, Getech will have a call option to acquire shares at no cost in the