Trenching at the Barite zone on Joutel Resources’ (TSE) Sierra Maestra concession in Cuba has yielded encouraging gold values. Recent sampling returned values of 0.053 oz. per ton across 131 ft. in Tr…
In the past two decades, Peter Allen has taken his father’s collection of small mining companies and turned them into a single, big-league gold player. And now Royal Oak Mines (TSE) — a company barel…
Exploration and underground development have led to a significant increase in reserves at Antares Mining’s (TSE) Lady Lina gold project in Zimbabwe. Since Jan. 31, probable reserves and indicated reso…
Development of the Fish Lake copper-gold deposit, southwest of Williams Lake, B.C., is coming into focus for owner Taseko Mines (VSE). Consultant Kilborn Engineering Pacific is nearly finished a prefe…
Salt Lake City-based Kennecott can earn a 25% interest in Kalahari Resources’ (VSE) Murdoch Creek property, east of Kirkland Lake, Ont. In return, Kennecott must spend $1 million on exploration over 1…
Two areas of the Goldstream property, near Revelstoke, B.C., will soon be explored. Joint owners Bethlehem Resources (TSE) and Goldnev Resources (VSE) plan to test the grade and thickness of the orebo…
A ground magnetic survey has begun on Blue Hill Capital’s (ASE) Athabasca No. 108 gold project to define possible drill targets. The property, situated near Fort MacKay, Alta., is a crown mining lease…
The exercise of share purchase warrants gives Canarc Resources (VSE) an additional $7.5 million in working capital, raising to $12.5 million the amount of cash on hand. The company is carrying out a $…
Production of flake graphite has begun at Victoria Graphite’s (CDN) property near Portland, in southeastern Ontario. Full-scale open-pit production is expected to be 10 tonnes per day from ore grading…
Many geologists who visit Nova Scotia scratch their heads over the great number of gold occurrences in the fold belts of Ordovician-age metasediments, known locally as Meguma terrains. They do so beca…
Toronto-based Caledonia Mining (TSE) reports that its 31.6%-owned affiliate, Reunion Mining, has started trading on the Luxembourg Stock Exchange. The listing follows Reunion’s successful placement of…
Having completed an initial public offering of units for gross proceeds of $550,000, Minprotech Mining has begun trading on the Alberta Stock Exchange. Each unit consists of one common share and a sha…
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