Issue link: http://resourceworld.uberflip.com/i/638235
16 www.resourceworld.com f e b r u a r y / m a r c h 2 0 1 6 continued on page 61 8.83 g/t gold from 222.0-239.6 metres and hole MB-15-542, which intersected 2.03 g/t gold from 279.4-346.0 metres. oban mining corp. [OBM-TSX] holds the Windfall Lake gold deposit between Val-d'Or and Chibougamau. On December 22, the company announced it had com- pleted acquisition of Northern Gold Mining Inc., together with its Golden Bear project located in the Golden Highway camp, 90 km east of Timmins. On December 8, it also announced it would acquire a 100% stake in Excellon Resources' DeSantis property located in the Porcupine camp, Ontario. Oban has reached an agreement to acquire all the shares of NioGold pending approv- als. Oban is also arranging a $10 million private placement. osisko Gold royalties ltd. [OR-TSX] is a royalty company formed by the combina- tion with Virginia Mines. In late December 2015, the company received its first ship- ment of gold ounces from its royalty on the Éléonore Mine in northern Québec operated by Goldcorp Inc. Osisko owns a 2.0-3.5% NSR royalty in the Éléonore gold mine. Osisko also holds a 2-3% NSR roy- alty on the Island Gold Mine, a 2% NSR royalty on the Lamaque South Project, a 3% NSR royalty on the Malartic CHL property as well as a 2% NSR royalty on the Upper Beaver, Kirkland Lake and Hammond Reef gold exploration projects in Northern Ontario. primero mining corp. [P-TSX; PPP- NYSE; MNCWF-OTCQB] operates the Black Fox Mine in the Timmins camp and is developing the Grey Fox Project, 3 km south. Gold production stood at 19,054 ounces, down from 22,288 ounces for Q3 2014. All-in sustaining costs for Black Fox stood at $1,000/oz for Q3. Primero has updated its 2015 production guidance for the mine to between 70,000 and 80,000 ounces. radisson mining resources inc. [RDS-TSXV] is advancing the O'Brien gold project about halfway between Rouyn- Noranda and Val-d'Or. On December 15, it announced a preliminary economic assessment for the project that estimates total revenue of almost $200 million for 135,308 recovered ounces gold at an aver- age grade of 6.46 g/t gold over six years. Pre-production capital costs are forecast at $36.8 million. richmont mines inc. [RIC-TSX; NYSE MKT] operates the Island Gold Mine in Ontario and the Beaufor Mine in Québec. It is also exploring beneath Island Gold and, on December 21, announced initial results for its current drill campaign. Highlights included hole 340-580-09, which returned 5.47 g/t gold from 458.75-475.25 metres. Meanwhile, total production for Q3 stood at 23,478 ounces gold, with 22,962 ounces sold. An average gold price of $1,132/oz was realized. st. Andrew Goldfields ltd. [SAS- TSX; STADF-OTCQX] is to be acquired by Kirkland Lake Gold Inc. For Q3 it produced