Tag: Abitibi Greenstone Belt
-
Abitibi Metals Corp (AMQ.C): Finding incredible gold exploration value in Quebec
Gold mining in the Abitibi region began in the early 1900s and has led to the establishment of more than 124 mines. At least 15 of these mines have produced over 3.5 million ounces of gold each. The total gold content in the belt, considering past production, current reserves, and resources, surpasses 300 million ounces.…
-
Tightly run Globex Mining (GMX.T) inks yet another deal, another royalty – adds more cash/shares to its coffers
The correction in the resource arena has turned downright nasty in recent sessions. Even the highest quality entities are catching what for, despite the strength in the underlying metal. This divergence—the metal trading flat to firm versus the shares down hard—is a real anomaly, a real head-scratcher. For those with sidelined funds looking to enter…
-
Delta tags high-grade gold – up to 50.75 g/t Au in a new discovery in mining-friendly Quebec
Today, Delta Resources (DLTA.V) announced a high-grade discovery at its Delta-2 project, a 16,400-hectare chunk of highly prospective terra firma located along the northeast end of the Abitibi Volcanic Belt, just to the southeast of Chibougamau. The discovery headline – the values – the details Delta Intersects High Grade Gold up to 50.75 g/t in…