Exploration and development of reserves at the Pimenton gold mine in Chile is progressing well, reports 56% owner South American Gold & Copper (SAG-T).Comprising 2,660 ha, the property lies 215 km nor…
A 4-company joint venture, involving Guyanor Ressources (GRL.B-T), Golden Star Resources (GSC-T), Cambior (CBJ-T) and Cambiex Exploration (CBX-T), is encouraged by results from the first phase of core…
Newmont Gold (NGC-N) has bought the remaining 25% interest in the Tess gold property from a unit of Quest International (QIX-T).The major paid US$6.25 million for the interest, thereby boosting its ow…
Drilling on its Lo Increible property in Venezuela, El Callao Mining (ECM-V) (in which Bema Gold [BGO-T] holds a 50.4% interest) has extended one of its gold deposits downdip.Strong gold grades have b…
The Escobar gold project of Santa Cruz Gold (SCG-T), site of an underground mine that closed in the 1960s, is once again displaying potential for gold production.Santa Cruz is seeking to develop an ep…
Although it is not likely to rival the world’s top gold producers in South Africa and the U.S., a small, high-grade mine is about to put Scotland on the producers’ map.Situated near the town of Tyndru…
Junior Corner Bay Minerals (BAY-T) is drill-testing the San Martin oxide copper project in Chihuahua state, Mexico. The 12-hole program will cover at least 2,000 metres in an attempt to follow up geol…
Shareholders of Arequipa Resources (AQP-T) have tendered 93% of the outstanding shares of the company under the terms of the offer from Barrick Gold (ABX-T).Most Arequipa shareholders opted for the sh…
Giovanni Camporese, Julie Camporese and Charles Hutton elected directors.
Stephen Doppler appointed director and president.
Armed with the results of a favorable prefeasibility study, Menora Resources (MEN-M) is initiating a $1.2-million drill program at its Wadi Medden gold deposit in Yemen.The program will consist of 16 …
A scout drill program will be carried out by Palmer Resources (PMD-V) to test the Cikoneng gold prospect in the Cibaliung district of West Java, Indonesia.The KP (domestic mining permit) was acquired …
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