Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ontario have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
Vancouver – With two diamond projects in the pipeline, Lucara Diamond (LUC-V) has announced a $60 million private placement to help move them forward.
TSX Short Positions Short positions outstanding at Jan 15/11 (with changes from Dec….
When Aldridge Minerals (AGM-V) acquired a 450 sq. km license in Papua New Guinea in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.
Vancouver – Rockgate Capital (RGT-T) has significantly boosted the size and grade of the uranium and silver resource in its Falea project in southwest Mali with a resource update.
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.
Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in the Handeni district of eastern Tanzania, where in late December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1…
Vancouver – A pioneering deep-sea mining operation is a big step closer to reality after Papua New Guinea granted a mining lease to Nautilus Minerals (NUS-T) for its Solwara 1 project in the Bismarck Sea.
Vancouver – The first set of drill results from Newstrike Captial’s (NES-V) exploration and twinning program on its Ana Paula project in southern Mexico returned several significant gold intercepts including a long stand-out.
In a brief analysis of the disruption of coal exports from Queensland, Wood Mackenzie estimates that more than half of Australia’s coal exports are likely to be affected and the impact will be felt strongly in the global coal markets.
Kevin Keough likes to say that the “universe is unfolding as it should” at PC Gold’s (PKL-T) Pickle Crow property in northwestern Ontario.
Vancouver – The S&P TSX Venture Exchange climbed 45.57 points over the January 10 to 14 period, ending at 2275.45 points after three days of gains and two days of losses.
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