Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million

Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.  The Application-Specific Integrated Circuit (ASIC) order adds up to $162.9 million, making it a standout purchase even […]

Dolly Varden Silver Mobilizes Five Drill Rigs and Outlines Discovery-Oriented 45,000 Meter Drill Program

2023-04-24 05:06:08 Vancouver, British Columbia–(Newsfile Corp. – April 24, 2023) – Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) (the “Company” or “Dolly Varden“) announces the 2023 Exploration Plans for the Kitsault Valley Project, which includes the Dolly Varden Silver property and Homestake Ridge Gold Silver property. A total of 40,000 to 45,000m of drilling […]

Marimaca Copper: Follow-Up Work on Sulphide Discovery Hole MAD-22 Identifies Project’s First Anomalous Gold and Silver, Rigs Mobilized to Commence Drilling Sulphide Target

2023-02-15 04:47:14 VANCOUVER, British Columbia, Feb. 15, 2023 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the results of assays for gold and silver from hole MAD-22 and to outline the first phase of follow-up drilling of the exciting new sulphide target identified in diamond drill hole […]

CopAur Minerals Commences Drilling with Two Rigs Turning at Bolo Gold-Silver Project

2022-11-29 07:06:28 Vancouver, British Columbia–(Newsfile Corp. – November 29, 2022) – CopAur Minerals Inc. (TSXV: CPAU) (OTCQX: COPAF) (“CopAur” or the “Company”) is pleased to report that its technical team has mobilized and that reverse circulation (RC) and diamond drilling are underway at the Bolo Gold-Silver Project (“Bolo” or the “Project”). The 2,275 meter combined […]

Nevada King Gold Advances 2022 Atlanta Drill Campaign With 14 Holes Now Completed & Fast Tracks Drilling With Arrival of Two More Drill Rigs

2022-07-07 04:35:01 VANCOUVER, BC, July 7, 2022 /CNW/ – Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) (“Nevada King” or the “Company“) is pleased to announce an update on resource expansion and definition drilling at its 5,166 hectare, 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. […]

Fosterville South Exploration Ltd. South Adds Second Drill Rig at Beechworth Gold Project and Now Has a Total of Four Rigs Turning

2021-11-05 05:06:56 VANCOUVER, BC, Nov. 5, 2021 /CNW/ – Fosterville South Exploration Ltd. (“Fosterville South”) or (the “Company”) (TSXV: FSX) (OTCQX: FSXLF) (Germany: 4TU) is pleased to report that a second drill rig has commenced drilling the Homeward Bound prospect on the Beechworth Gold Project in Victoria, Australia.  This second rig at Homeward Bound, is […]

New Found Gold Announces Doubling of Drill Program to 400,000m and Increase to 14 Drill Rigs

2021-10-25 03:02:27 VANCOUVER, BC, Oct. 25, 2021 /CNW/ – New Found Gold Corp. (“New Found” or the “Company“) (TSXV: NFG) (NYSE American: NFGC) is pleased to announce an expansion of the exploration program at its 100% owned Queensway Project (“Queensway“), located on the Trans-Canada Highway 15km west of Gander, Newfoundland. To date the Company has completed approximately […]