New Gold outlines deep zone at Afton
Vancouver — Underground drilling at New Gold’s (NGD-T, NGD-X) New Afton project near Kamloops, B.C., is confirming a new, deep zone of copper mineralization beneath the existing resource.
News
Queenston cuts new gold at Upper Beaver
Drill holes north of the established mineralization at the Upper Beaver gold property in Gauthier Twp., about 20 km east of Kirkland Lake, Ont., have intersected gold on two previously unknown mineral…
Bell taps copper at Sombrero Butte
Vancouver — Initial drilling by Bell Resources (BL-V, BZRSF-O) on its Sombrero Butte project in Pinal Cty., Ariz., has delivered a wide copper-mineralized interval.
LME Warehouse Levels (November 27, 2006)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 20, 2006 (change from Nov. 13 in brackets):
Aurizon gold mine almost ready
Vancouver-based Aurizon Mines (ARZ-T, AZK-X) is about to begin operations at its Casa Berardi gold mine in the Abitibi region of Quebec with just a few jobs left to cross off its preproduction checkli…
Spot Prices Courtesy of Scotiabank Tuesday, Nov. 21, 2006
Precious Metals Price (US$/oz.) Change Gold $625.00 +1.60 Silver $12.92 +0.07 Platinum $1390.00 +210.00 Palladium $329.00 +10.00 Base Metals Price (US$/lb.) Change Nickel $14.87 -0.18 Lead $0.80 +0.83 Copper $3.12…
More gold at Palmarejo’s Guadalupe
Vancouver — Deep drilling by Palmarejo Silver and Gold (PJO-V, PJOFF-O) on its Guadalupe project in Chihuahua state, Mexico has tapped into a zone of high-grade gold mineralization.
Canadian Royalties expands Ivakkak (November 27, 2006)
Drilling this past field season by Canadian Royalties (CZZ-T, CRYAF-O) at the Ivakkak deposit on the Ungava peninsula of northern Quebec has indicated a longer and deeper mineralized zone.
Forest Gate increases leverage with diamond find
Forest Gate Resources (FGT-V, FOGTF-O) has found diamonds on its West Side property in the Fort la Corne area of Saskatchewan.
Teck puts $30M into Tahera
Vancouver — Teck Cominco (TCK.B-T, TCK-N) plans to invest $30 million in Tahera Diamond (TAH-T, TAHEF-O) through a private-placement that would give the major a 16% stake in Canada’s newest diamond m…
Daily Metal Prices (November 27, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
New uranium zone at Saddle Hills
Vancouver — A new zone of uranium mineralization has been identified by Western Prospector Group (WNP-V) on its Saddle Hills project in northeastern Mongolia.