Metallica defines Cuyuni targets
CDN-listed Metallica Resources is preparing to drill 10 holes on a target outlined at its Cuyuni gold property in Venezuela. The target is one of five that were outlined in a program which recovered 3…
CDN-listed Metallica Resources is preparing to drill 10 holes on a target outlined at its Cuyuni gold property in Venezuela. The target is one of five that were outlined in a program which recovered 3…
Denver-based Newmont Gold (NYSE) and a Peruvian-based company intend to take whatever steps may be necessary to pre-empt a proposed transfer of another partner’s interest in the Minera Yanacocha prope…
Supported by steadily improving physical demand, metal prices are bubbling near the highest levels seen in years. Investors continue to believe that shortages and higher prices will inevitably result …
Mining operations at the A8 pit of the Valdez Creek placer gold mine in Anchorage, Alaska, indicate the average grade is 30% lower than expected. Consequently, owner Cambior (TSE) has reduced the net …
Initial drilling by Patrician Gold Mines (ASE) on its Ikungu Peninsula property in northwestern Tanzania has intersected gold mineralization. Hole 1 intersected the Forest Reef, a thick exhalite horiz…
Junior Black Hawk Mining (TSE) has completed a private placement of 1 million flow-through common shares. Proceeds will be $600,000, some of which will finance drilling at the Redstone mine, south of …
Drilling at the Southwin project in the Northwest Territories has resulted in several intersections of high-grade gold. The project, situated in the Keewatin district, is a joint venture between Cypru…
In two separate transactions, Titan Empire (CDN) has acquired eight concessions on the Indonesian island of Java. Titan recently acquired a 90% interest in the Indonesian company PT Kelsel Asri, which…
Geological mapping and sampling on the Pilldolla property, 55 miles northwest of here, is outlining a mineralized shear zone. Aquaterre Mineral Development (VSE) acquired the property to follow up the…
Drill results from the Island zone on the Fer property in northern Manitoba suggest the gold-copper mineralization continues at depth. Canmine Resources (ASE) reports that a 2.9-metre section from hol…
Junior Exploration Mirandor (ME) has arranged a $150,000 private placement. The funds, which consist of common shares priced at 20 cents each and one warrant per share valued at 26 cents, will be used…
VSE-listed Norcan Resources has announced a private placement of 500,000 units at 60 cents each. A unit consists of one share and one warrant that entitles the holder to buy one additional share for 6…
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