Drilling by Guyana Goldfields (GGFI-C) is testing the Peters mine gold property, a past producer in Guyana.The initial holes are testing the main shaft area, where previous operators extracted 39,000 …
The Awak Mas gold project in Indonesia is now wholly owned by Australian-based Lone Star Exploration (LSE-V).Previously, the junior held a 45% stake in the property. It will purchase the remainder fro…
Drilling at the former-producing Jersey lead-zinc mine, near Salmo, B.C., has identified an enriched lead-zinc dolomite horizon.Sultan Minerals (SUL-V) tested the lower Jersey horizon with four holes …
In keeping with its plan to become one of the world’s largest copper producers, Rio Algom (ROM-T) is proceeding with a second phase of expansion program at its Cerro Colorado mine in northern Chile.An…
Spokane-based Minera Andes (MAI-A) has added six gold-copper prospects to its portfolio of properties in northwestern Argentina.For three of the prospects a letter of intent has been signed with a pri…
Diamond drilling at the Kremnica project in Slovakia has extended the Sturec gold deposit, held by Argosy Mining (AGO-V).Results from a 29-hole, 3,634-metre program are far beyond the junior’s expecta…
Quebec-based Sirios Resources (SOI-M) has acquired a property near a recent massive sulphide discovery in Clairy Twp., Que.The 9-sq.-km property is 7 km northwest, and along strike, of Soquem’s recent…
A proposed merger between World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) will create the largest foreign-owned mining company in Kazakstan.The surviving entity, World Wide Minerals, wil…
The Fort la Corne diamond joint venture in Saskatchewan has unearthed an impressive number of macrodiamonds.A 28.4-tonne kimberlite sample, recovered from 11 small-diameter and two medium-diameter rev…
Two gold properties held by Jordex Resources (JDX-T) in the San Javier area of Bolivia are being drill-tested by joint-venture partner Barrick Gold (ABX-T).Reverse-circulation drilling will test the J…
While Placer Dome (PDG-T) continues to downplay it as a mid-stage exploration target, the Donlin Creek gold project continues to generate interest.Situated in southwestern Alaska, the deposit was last…
The Chatinika Terrane, just north of Fairbanks, Alaska, is not noted for its gold potential, but exploration by La Teko Resources (LAORF-Q) and Newmont Gold (NGC-N) at the True North gold project is a…
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