In an agreement reached with Moneta Porcupine Mines (TSE), Westminer Canada can earn up to a 100% interest in a 65-sq.-km base metal property near Timmins, Ont. The property is in Jamieson, Macdiarmid…
Canadian government gold sales are heading for a record high this year. To the end of September, the Bank of Canada saw fit to dump nearly 2.9 million oz., which is close to the total of three million…
Drilling on the Golden Bear property in northwestern British Columbia has returned gold intersections in two separate areas. The mine is wholly owned by North American Metals (VSE). Wheaton River Mine…
Shares of Caribgold Resources recently began trading on the Canadian Dealing Network (CDN). The company is headed by David Bell, a well-known consulting geologist and a key figure in the famous Hemlo …
Engineering, procurement and construction management for Minera Rayrock’s (TSE) Ivan copper project in Chile has been awarded to Kilborn. The Toronto-based engineering firm is working with Chilean cou…
An option to acquire an exploration licence in Guyana has been obtained by William Resources (ME). The licence for the diamond-gold placer project covers part of the Mazaruni River about 250 km southw…
Toronto-based Weaver Lake Explorations (CDN) has optioned a 3,960-acre base metal property in the Garden Lake area, 100 km north of Thunder Bay, Ont. The property consists of two claim groups, about t…
The Ontario Securities Commission (OSC) is reviewing its disclosure policy after a professional organization concluded that valuation reports and fairness opinions relied on by shareholders are “inade…
A delegation of Venezuelan mining personnel are in Halifax to review indoor vat leaching technology developed by Novagold Resources (TSE) for the recovery of gold. The 6-person delegation includes env…
The first hole of a planned US$300,000 program at the Butte Highlands gold project in central Montana has intersected 225 ft. grading 0.69 oz. gold per ton from 755 ft. to 980 ft. Orvana Minerals (TSE…
In a bit of a twist from the norm, junior company Great Lakes Minerals (TSE) has signed a deal with New York-listed Hecla Mining, a senior producer, to fund part of the development of Hecla’s Grouse C…
A Chilean company held equally by Placer Dome (TSE) and Outokumpu Copper Resources will build a solvent extraction-electrowinning plant at the Zaldivar project in Chile. Placer Dome says the plant, wh…
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