Exchange Rates (October 30, 2006)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
News
Laramide tables La Jara Mesa uranium resource (October 30, 2006)
Vancouver — Uranium-focused explorer Laramide Resources (LAM-T, LMRXF-O) has delivered a resource estimate for its La Jara Mesa project located in the Grant’s mineral district of southern New Mexico.
Full Metal cuts silver in Alaska
Vancouver — Full Metal Minerals’ (FMM-V, FLMTF-O) initial drill hole on the LWM prospect at its 40 Mile property in eastern Alaska has intersected a near-surface interval of silver-rich massive sulph…
Polyus Gold plans ambitious expansion
Anchorage, Alaska — Apparently at least one Russian oligarch isn’t too worried about being forced out of the country or arrested. Vladimir Potanin is so confident of his position that he’s hosting th…
Zinc recycling in the North (October 30, 2006)
Doubtless helped by the price of zinc, two former Arctic zinc producers, both operated by Cominco, are getting second looks by junior explorers bent on showing that resources left behind when the mine…
UEX delivers hot uranium hole from Hidden Bay (October 30, 2006)
Vancouver — Drilling by UEX (UEX-T, UEXCF-O) on its Raven-Horseshoe deposit, situated on the Hidden Bay property in Saskatchewan’s Athabasca basin, intersected the highest-grade uranium values encoun…
AngloGold cements new Russian alliance (October 30, 2006)
AngloGold Ashanti (AU-N, AGD-L, ANANO-J) has concluded a deal with Russian gold producer Polymetal for a strategic alliance in gold exploration in the Russian Federation, which has left one London-lis…
St Andrew buys Holloway assets from Newmont
St Andrew Goldfields (SAS-T, SASXF-O) has agreed to buy subsidiary Holloway Mining from Newmont Mining (NMC-T, NEM-N), moving the Holloway and Holt-McDermott mines and a large land package into the St…
Buffalo Gold cuts more Mount Kare high-grade
Vancouver — Buffalo Gold’s (BUF.U-V, BYBUF-O) Mount Kare project in Papua New Guinea continues to deliver wide, high-grade gold intercepts in the latest drilling on the North-Western Roscoelite zone …
Campbell offering held up
A rights offering by Campbell Resources (CCH-T, CBLRF-O) to assist the restructuring of the financially troubled company is ready, its final prospectus having been approved by securities regulators. B…
Pardo trenching delivers significant values for Endurance
Vancouver — Trenching by Endurance Gold (EDG-V) on its Pardo property, located 65 km northeast of Sudbury in northern Ontario, has returned a significant interval of gold mineralization.
Northgate extends Young-Davidson
Four holes drilled this summer by Northgate Minerals (NGX-T, NXG-X) have confirmed that two gold-mineralized zones at the Young-Davidson mine west of Matachewan, Ont., continue to depth, and permits a…