Promising early results from the Santo Toribio project in Ancash department in west-central Peru offer Sulliden Exploration (SUE-M) hope it can imitate a nearby success story.Santo Toribio is about 7 …
Toronto-listed Minefinders (MFL-T) has arrived at a new resource estimate for its wholly owned Dolores gold-silver property in Mexico’s Chihuahua state.Using a cutoff grade of 0.3 gram, Minefinders ou…
The Vancouver Stock Exchange composite index lost 2.01 points, or 0.5%, to close at 420.62 over the holiday-shortened report period ended Oct. 12. The mining index followed suit by dipping 2.21 points…
Junior Navigator Exploration (NVR-A) has completed a $1-million private placement consisting of 4 million units priced at 25 cents each.A unit consists of one share and one warrant entitling the holde…
Drilling at the Back Lake diamond project, 100 km south of Lac de Gras in the Northwest Territories, has traced the Munn Lake kimberlite sill for 1.3 km along strike.Partners Island-Arc Resources (IAR…
Initial drilling at the Goldfield project in southwestern Nevada has returned encouraging results for Romarco Minerals (R-T).The company drilled 77 holes (33,865 ft.) at the 15,000-acre property in a …
In 1998, as part of an effort to revive its struggling economy, the government of Romania enacted a new mining law. The statute allows both foreign and Romanian entities to obtain exploration and expl…
Atna Resources (ATN-T) has elected to back away from the Dry Creek and Anderson Mountain massive sulphide projects in Alaska.The projects were a joint venture with Grayd Resource (GYD-V). The two comp…
Moss Lake Gold Mines (MOK-T) has acquired the Fountain Lake property, 100 km west of Thunder Bay, Ont., following a cash-and-share deal.The junior paid $45,000 and issued 4.5 million shares for the 80…
It’s one of the most prolific mineral districts in the world with a history pre-dating Roman times, yet, until recently, few people knew much about it. And that low profile allowed Frank Timis, chairm…
Namibian Minerals (NMR-T) has made formal its takeover bid for Ocean Diamond Mining Holdings, a fellow marine diamond miner listed on the Johannesburg Stock Exchange.Namibia, which announced its inten…
North Atlantic Natural Resources, the Swedish subsidiary of South Atlantic Resources (SCQ-V), has intersected higher-than-expected grades at the Norrliden copper-zinc deposit in northern Sweden.Highli…
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