Northern Miner Staff

The company mined at an average grade of 2.6 grams gold per tonne in the quarter.

Drilling is set to resume at Florida Mountain in the first half of 2019 and is fully funded.

The high-grade copper-zinc-gold-silver volcanogenic massive sulphide system is 100 km east of Dease Lake in northern B.C.

78% higher than in the same quarter of the previous year.

After completing the transaction, Caledonia will own 64% of Blanket.

Northern Vertex Mining Corp. has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.

The extended plan increases the mine life by two years, raising production to 372,000 oz. gold per year and all-in sustaining costs to US$703 oz. gold per year.

The company shares the same core management team as Regulus Resources and is focused on projects in Argentina.

Next steps include ranking its list of targets for near-term scout drilling.

Red Mountain stands between the Cambria Icefield and its largest outlet, the Bromley Glacier. From the nearby town of Stewart, it is a 10-minute helicopter ride.