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.
News
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…
TSX VENTURE EXCHANGE -November 15-19
The third week of November saw the S&PTSX Venture composite index lose more than it gained for the first time since July: the board lost 84.22 points in the first two days of the week, but recover…
U.S. MARKETS -November 15-19
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones industrial average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to…
Fortuna Silver progresses at San Jose
SITE VISIT SAN JOSE DEL PROGRESO, OAXACA, MEXICO — “Oaxaca is not for the faint of heart,” says Jorge Ganoza Durant with a slight grin, during a site visit to Fortuna Silver Mines’ (FVI-T) San Jose silver-gold project in the state.As…
Matamec: metallurgy fine at Kipawa
SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…
Tahoe flaunts Escobal in Guatemala
Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…
Shallow gold in Serbia for Avala
VANCOUVER — Recently restructured Avala Resources (AVZ-V) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the ar…
Vale to invest $10B in Canada
Vale (VALE-N) says it will close its smelting and refining operations in Manitoba by 2015 because “mineral reserves in Thompson have not been sufficient to operate the smelter and refinery at full cap…