Metals Creek finds new zone at Ogden in Timmins
Attractive drill results and the discovery of a new gold zone at Metal Creek Resources’ (MEK-V) Ogden property in Timmins, Ont., lifted the junior’s share price.
Articles by Northern Miner Staff
Nevada Copper hits deeper copper at Pumpkin (June 07, 2010)
VANCOUVER — Step-out drilling by Nevada Copper (NCU-T) at its Pumpkin Hollow copper project in Nevada has expanded mineralization at the extensively-explored property.
Gold Canyon’s new approach at Springpole
VANCOUVER — Gold Canyon Resources (GCU-V) has hit healthy gold intercepts in a new drill program at the company’s 100%-owned Springpole project in northwestern Ontario’s Red Lake gold district.
Metals Exploration flaunt promising economics for Runruno
A feasibility study on Metals Exploration’s (MTL-L) Runruno gold-molybdenum project on Luzon Island in the Philippines has “transformed” the project “from a promising resource into a mine-in-waiting,”…
CANADIAN GOLD MUTUAL FUNDS (June 07, 2010)
*as of Jan. 31/10
TSX SHORT POSITIONS (June 07, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
DIVIDENDS (June 07, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20/10. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual …
LENDING RATES (June 07, 2010)
as of 9 a.m. ET. June 1, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
Galway drills 89 metres of 3.2 grams gold in Colombia
Early drill results from Galway Resources’ (GWY-V) Pie de Gallo property in the California district of northeastern Colombia appear to confirm that thick intercepts of near-surface mineralization as w…
Sunridge advances in Eritrea
SITE VISIT ASMARA, ERITREA — Six years and $30 million into its Eritrean exploration adventure, Sunridge Gold (SGC-V) has defined four deposits lying in an arc around the capital city Asmara that together host indicated resources containing…
New gold zone discovery lifts African Aura
African Aura Mining (AUR-V) has hit upon a new gold zone at its wholly-owned New Liberty gold project in Liberia, and the market signaled its belief in the discovery’s significance.In the days after the May 11 announcement of the near-surface…
Bonanza grades at Mariana’s Calandria Norte in Argentina (June 07, 2010)
After somewhat disappointing 2009 drill intersections, two scout drill holes this year have produced bonanza grades at the Calandrias Norte prospect of Mariana Resources’ (MARL-L) Las Calandrias gold project in southern Argentina’s Deseado…