Celeste Mining Corp. (CVE:C) has revealed more strong drill results from the underground drilling program at its South Crofty tin project in the U.K., showing wide intercepts of disseminated mineralization in the Dolcoath section. 

Celeste Mining Corp. (CVE:C) Thursday saw its shares pop over 14% after it reported “strong drill results from its South Crofty tin project in the UK, with three metres at 2.5% tin equivalent, including one metre at 6.83% tin equivalent.

With a renewed focus on the now fully permitted South Crofty tin mine and a recently updated NI 43-101 mineral resource estimate, Celeste Mining (CVE:C) is enthusiastic about its future as the demand for tin continues to grow. 

Celeste Copper Corp. (CVE:C) Wednesday released an updated NI 43-101 estimate for the Dolcoath section of the South Crofty tin project, located in Cornwall, U.K., sending its shares higher.

Canadian shares gained a second day as energy producers climbed after positive economic reports from the U.S., the country's largest trading partner, indicated economic growth is gaining momentum, outweighing declines in mining stocks. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) added 0.4 percent to 12,557.31 at 12:33 p.m. in Toronto on Friday. Nine of ten groups gained.

If you think the pain in the resource sector is over, Rick Rule will gladly give you a reality check. But, the chairman of Sprott U.S. Holdings says being brash in a bear market where there is no competition will pay off.

Curis Resources (TSE:CUV) has arranged to raise $6 million through a non-brokered private placement financing, with funds to be used to advance the development of the company's Florence copper project in Arizona, which earlier this year yielded strong economics in a prefeasibilty report. 

Iron ore explorer Afferro Mining (LON:AFF) (CVE:AFF) said talks are continuing with would-be buyer International Mining and Infrastructure Corporation (LON:IMIC) following confirmation the latter has the funds needed to launch a bid.

Largo Resources (CVE:LGO) has garnered some impressive feedback from analysts this week, with some saying the company has the potential to become a leading supplier of vanadium in the stable jurisdiction of Brazil.