Hard Creek’s Turnagain pricey but profitable
VANCOUVER — Hard Creek Nickel (HNC-T) sizable Turnagain nickel-cobalt deposit in northwest British Columbia could support a large, open-pit mine producing 77 million lbs. nickel a year, according to …
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Malaga boosts tungsten reserves in Peru (April 12, 2010)
Malaga (MLG-T) has boosted its tungsten reserves and resources at the Pasto Bueno mine in northern Peru by 72% and 280%, respectively.Pasto Bueno has 169,427 tonnes of proven and probable reserves with an average tungsten oxide grade of…
Scoping study updated for Brazauro’s Tocantinzinho
Brazauro Resources’ (BZO-V) flagship Tocantinzinho property in the heart of north-central Brazil’s remote Tapajos region, has the potential to produce 145,000 oz. gold a year and yield an internal rat…
Allied Gold adds to PNG resources (April 12, 2010)
Allied Gold (ALG-T, ALD-A) has increased measured and indicated resources by 170% at its Simberi open-pit oxide gold project in Papua New Guinea.
Victoria Gold completes prefeasibility study at Eagle Gold
VANCOUVER — Victoria Gold (VIT-V) has released a prefeasibility study for its Eagle Gold project in the central Yukon that moves two-thirds of its resource into the reserve category.
African Gold pushes Kobada ahead at no extra cost
African Gold Group (AGG-V) has found a way to drive its Kobada project in Mali forward without having to spend extra cash.
New Millennium tables positive feasibility for DSO iron project
With many analysts predicting significant increases in benchmark iron ore prices this year, the timing of New Millennium Capital’s (NML-V) feasibility study results for its direct shipping ore (DSO) p…
Golden intercepts keep Dorato climbing (April 12, 2010)
VANCOUVER — The drills will restart at Dorato Resources’ (DRI-V) Cordillera Del Condor project in northwest Peru and the first-ever drill program in the region continues to return promising results.Dorato is earning a 100% interest in an…
Coro makes slow-but-steady progress in Argentina (April 12, 2010)
VANCOUVER — With two early-stage properties in Chile and a proposed mine in Argentina that is almost through a rigorous environmental permitting process, things are looking up for Coro Mining (COP-T).Coro’s main focus is the San Jorge…
Alamos Gold awash in record profits
Alamos Gold’s (AGI-T) fourth-quarter and year-end results primarily show higher gold sales and lower operating costs with positive cash flows, which contributed to the company’s decision to introduce a semi-annual dividend.With its producing…
Focus hits and misses at Nueva California
VANCOUVER — The first set of results from Focus Ventures’ (FCV-V) second round of drilling at the Nueva California gold-silver project in northern Peru returned a few goods hits as well as some misses. And even though the news depressed the…
Sulliden’s drills expand Shahuindo’s gold (April 12, 2010)
VANCOUVER–Long gold intercepts from Sulliden Gold’s (SUE-T) Shahuindo project in Peru could fill an undrilled gap between the project’s two main deposits with mineralization.On the heels of a positive preliminary economic assessment (PEA),…