With four core drills turning at the San Gregorio gold property in Uruguay, American Resource (NASDAQ) is set to evaluate its other mineral holdings in the area.The company intends to spend US$1.8 mil…
Results from last year’s drilling at the Polaris Taku gold property in northwestern British Columbia have boosted the geological resource 25% to an estimated 3.6 million tons grading 0.4 oz. gold per …
Fortune Minerals NWT, a unit of Fortune Minerals (CDN), has entered into an option agreement with Noranda (TSE) to earn a half interest in the Sue-Dianne copper-silver deposit in the Northwest Territo…
The purchase of a 51% interest in the Niaouleni concession in Mali from Viceroy Resources (TSE) will give Mink Mineral Resources (VSE) full ownership of the property.Viceroy completed the earn-in of t…
Further diamond exploration is planned for the northern portion of the WO claim block, near Lac de Gras in the Northwest Territories.The claims are held 40% by Kennecott Canada, 15% by Aber Resources …
Alaskan exploration expenditures in 1994 were reported as US$31.1 million, up slightly from US$30.3 million in 1993. Although more exploration expenditures were reported in the southeastern region of …
VSE-listed International FreeGold Mineral Development has completed a second round of drilling on the Dolphin zone at its 26,000-acre Golden Summit project, 20 miles northeast of Fairbanks, Alaska.Fre…
Toronto-listed Guyanor Ressources has discovered diamonds in a metamorphosed ultramafic rock within its Dachine permit area in French Guiana.Guyanor, which is 70% owned by Golden Star Resources (TSE),…
Production from the Sabi gold mine in Zimbabwe is being expanded.Since it acquired a 55% interest in the mine 10 months ago, Guyana Gold (TSE) has extracted 10,071 oz. from the mine at a cash cost of …
CDN-listed Sharpe Energy & Resources has acquired a 35% interest in 400 claims in southern Labrador.The claims, which cover the 100-km-long Kyfanan Lake intrusion, are jointly held by Peruvian Gold (V…
The financing necessary to put New Brunswick’s Mount Pleasant polymetallic mine back into production may be forthcoming, Adex Mining (TSE) reports.Discussions include both equity and debt arrangements…
An agreement with Pacific Canada Resources (PCR), a private, arm’s-length company, gives Minco Mining & Metals (VSE) the right to acquire an interest in a portfolio of Chinese base and precious metal …
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