Latest Canadian Gold News

AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.

Bellavista Resources has successfully raised A$35 million through a two-tranche placement to fund its strategic acquisition and exploration plans in Canada and Australia.

Ardiden Limited has completed its merger with Lac Gold, bolstering its position with a $10 million capital raise and launching a significant drilling campaign at the Rouyn Gold Project in Québec.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

Manhattan Corporation Ltd reports exceptional polymetallic assay results from its Hook Lake Project in Nunavut, revealing significant precious and base metal mineralisation across multiple prospects. The findings underscore the project's strategic potential in critical metals and precious metals exploration.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Bryah Resources has successfully raised nearly $2 million through an oversubscribed placement to fund exploration at its Golden Pike Project in Canada, signaling strong investor confidence in its growth plans.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Red Mountain Mining reports impressive gold assay results reaching 25.1 grams per tonne at its Fry Lake project in Ontario, reinforcing the prospect's potential and setting the stage for targeted drilling.