News

I used the phrase “Shades of ’99” as the title for this, the May 8 weekly edition of the GGM Advisory newsletter, because, although it was 25 years ago, the famous phrase about history never repeating but often rhyming holds fast and true. Back in the day, long before computerized trading or the current version of high-frequency

Scorpio Gold Corp. (SGN:TSX.V) reported assay results from two step-out holes in the Phase Two drill program at its Manhattan District Project in Nevada, USA, including new mineralization identified at the Black Mammoth target area. Hole 26MN-069 returned 0.62 g/t gold over 62.21 meters from 230.43 meters, including 3.17 g/t gold over 4.94 meters from

Agnico Eagle Mines Ltd. (AEM:TSX; AEM:NYSE) is consolidating its position in the Central Lapland region of Finland with three related transactions. It acquired Rupert, whose Ikkari gold deposit is at the pre-feasibility stage and likely the next major mine in Finland. It also acquired Aurion Resources Ltd. (AU:TSX.V) and B2Gold Corp.’s (BTG:NYSE; BTO:TSX; B2G:NSX) interest

Sun Peak Metals Corp. (PEAK:TSXV; SUNPF:OTCQB) announced that it has commenced its inaugural diamond drill program at the 100%-owned Safra project in Saudi Arabia. The company said the Safra project, which includes Safra Main, Safra East, and Safra South, is a high-priority volcanogenic massive sulphide target located within the Arabian-Nubian Shield. According to the company,

GoGold Resources Inc. (GGD:TSX; GLGDF:OTCQX) reported record financial results for the quarter ending March 31, 2026, including record quarterly operating cash flow of US$21.2 million on revenue of US$30.3 million from the sale of 383,695 silver equivalent ounces. The company reported net income of US$16.4 million for the quarter and cash holdings of US$262.2 million.

Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) announced the launch of its expansion drilling program at the Iska Iska Project in Southern Bolivia, where it aims to enhance and enlarge the high-grade Silver-Tin (Ag-Sn)-Polymetallic mineralization, a May 7 release noted. The company has engaged Major Drilling Group International Inc. to mobilize two diamond drill rigs to the

Orestone Mining Corp. (ORS:TSXV; ORESF; OTC; O2R2:FSE) announced initial assay results from the Phase 1 exploration program in the Francisca Gold project in Salta Province, Argentina, on May 7, 2026. The program has included resampling of existing areas to confirm historical data. At the South Gold zone, mapping indicated a stockwork width from 40-70 meters,

White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) announced that it has entered into an arrangement agreement with W2 Critical Minerals Corp., a wholly owned subsidiary of the company, to complete a spin-out of its critical mineral assets into a standalone entity. According to the May 5 company news release, the spin-out will transfer White Gold’s portfolio

Tier One Silver Inc. (TSLV:TSXV; TSLVF:OTCQB) is an exploration company focused on the discovery of world-class silver, gold, and copper deposits in South America. The company is focused on its flagship exploration project, Curibaya, and announces (April 21) key assay results from the first four of eight drill holes from its Phase 2 diamond drill