Calvista hits in famous district
Clutching a few small blocks in what is probably Colombia’s most famous gold district, Calvista Gold (CVZ-T) is having little trouble hitting gold.
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Bannerman makes headway at Etango
With a recently completed definitive feasibility study under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia — one…
All systems go for Minera IRL in Patagonia
Lima-based Minera IRL (IRL-T) is moving ahead with building its second small gold mine, after having tabled a positive feasibility study in February for its Don Nicolas epithermal gold-silver project in Argentina’s Patagonia region.
Cerro Moro looks good for Extorre in Santa Cruz
The markets have reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment of its Cerro Moro gold-silver project, 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.
Cinco de Mayo doesn’t disappoint for MAG Silver
Drill results from Cinco de Mayo, 190 km north of Chihuahua City in Mexico, indicate continuous mineralization over a 400-metre dip length with mineralization remaining open downdip and along strike, MAG Silver (MAG-T, MVG-X) reports.
Katanga looks to become Africa’s copper king
Katanga Mining (KAT-T) is gearing up to take a big copper project and make it that much bigger.
Riverstone reports wide intersects in Burkina
The results of 10 diamond drill holes at the Goulagou I deposit will allow Riverstone Resources (RVS-V) to upgrade the resource model at its flagship Karma gold project in Burkina Faso.
Sanatana gets a boost from Watershed results
VANCOUVER — Vancouver-based exploration outfit Sanatana Resources (STA-V) enjoyed a share bounce-back following the release of drill results from its joint-venture Watershed gold project 20-km southwest of Gogama, Ontario.
Alacer ups 2012 production target, despite poor Q1 results
Alacer Gold (ASR-T, AQG-X) has bulked up its 2012 production guidance by 3% to 396,000 to 410,000 attributable ounces gold, following higher grades at its Copler gold mine in Turkey despite reporting a weak first quarter.
Avanti secures $640-million financing for Kitsault
VANCOUVER — Avanti Mining (AVT-V) has secured a much-needed major financing for its Kitsault molybdenum mine in northern British Columbia, with five lenders agreeing to provide up to $640 million in loans.
Garrcon coming into sharper focus for Northern Gold
Northern Gold Mining (NGM-V) continues to advance its Garrison project in northern Ontario in leaps and bounds.
First Nickel aims to use Lockerby as a launching pad
VANCOUVER — It’s been a long haul for Toronto-based developer First Nickel (FNI-T) as it strives to revive commercial production at its Lockerby nickel-copper mine outside of Sudbury, Ontario.