AM Gold ups inferred resource at Red Mountain
Vancouver – AM Gold (AMG-T, AMX-F) has released a resource update for its Red Mountain gold project in the Yukon that adds significantly to contained gold only six months after an earlier update.
News
New land raises Silvercrest
Silvercrest Mines (SVL-V) had to wait for a trading halt to be lifted, but once it was the company’s shares went upward bound. The trading halt on Silvercrest shares was ordered because of unusual pre-market trading activity this morning.
Fronteer Gold probes open pit at Northumberland
Open-pit test work at Fronteer Gold’s (FRG-T, FRG-X) Northumberland project in Nevada has returned 6.06 grams gold per tonne over 16.92 metres and 369.5 grams silver per tonne over 3.05 metres.
Evolving pulls long gold intercepts from Rattlesnake
Vancouver – Evolving Gold (EVG-V) has pulled very long gold intercepts from its Rattlesnake Hills project in central Wyoming.
Pan American Silver posts PA for Navidad
With silver prices up nearly 40% in the last three months, the timing of Pan American Silver’ s (PAA-T, PAAS-Q) preliminary assessment for its Navidad silver project in Argentina couldn’t have been better.
Allana gets the cash to explore more Ethiopian potash
With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Belo Sun shines in Brazil (November 30, 2010)
Vancouver – A long gold hit at Belo Sun’s (BSX-V) Volta Grande project in Brazil has helped boost the project’s potential and the company’s stock price.
Helio reports initial resource estimate for SMP gold project
Vancouver – Helio Resource (HRC-V) has released an initial resource estimate for its SMP gold project in Tanzania following a season of concentrated drilling on the Porcupine target.
Hathor boosts uranium resources at Roughrider to 28 million lbs.
Recent drilling by Hathor Exploration (hat-v) has more than doubled the original resource estimate for the Roughrider uranium discovery on the Midwest Northeast property in Saskatchewan’s Athabasca basin. An updated resource estimate shows…
Escobal shows robust economic potential (November 29, 2010)
Designed to improve confidence in the established inferred resource, infill drilling by Tahoe Resources (tho-t) on the high-grade Escobal silver deposit in Guatemala succeeded in expanding the indicated resource to 245 million contained silver…
Rubicon Minerals makes a splash with inferred estimate
Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher today in Toronto at $6.06 per share, a gain of 31.74%, on news of a four million ounce inferred gold resource estimate at its Phoenix gold project in Red Lake, Ontario.
TORONTO STOCK EXCHANGE -November 15-19
With investor mood dampened by concerns over China’s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock Exchange closed the Nov. 15-19 week higher, led by the finan…