News

Vancouver — Halfway through a second phase of drilling at the Afton project in south-central British Columbia, Abacus Mining & Exploration (AME-V) continues to cut significant widths of copper-gold mineralization.

Vancouver — An independent resource estimate at Patricia Mining‘s (PAT-V) Island Gold deposit, near Wawa, Ont., indicates more tonnage than previously believed.

Following a property deal with Barrick Gold (ABX-T), Northern Star Mining (NSM-V) has consolidated a large land package around the formerly producing Malartic Goldfields mine in northwestern Quebec.

Vancouver — Riverstone Resources (RVS-V) has added to its property holdings in Burkina Faso by optioning the Liguidi Malguem gold project.

A preliminary resource calculation for Acadian Gold (ADA-V) on the Beaver Dam deposit in central Nova Scotia indicates a measured and indicated resource of 1.3 million tonnes grading 2.3 grams gold per tonne, and an inferred res…

Drilling by Linear Gold (LRR-T) has intersected long zones of gold and silver mineralization at the Ixhuatan project in Chiapas state, Mexico.

Vancouver — Buoyant gold and copper prices contributed to stronger earnings for Northgate Minerals (NGX-T) in the third quarter.

Pan American Silver (PAA-T) has sold its 20% stake in the Dukat silver-gold mine near Magadan in far-eastern Russia to OAO MNPO Polymetal for up to US$43 million.

Big cats at Spence…

Vancouver — Tenajon Resources (TJS-V) has intersected high-grade gold at the formerly producing Summit Lake mine in northwestern British Columbia.

A final feasibility study on the Atlanta gold project, 60 miles east of Boise, Idaho, indicates the deposit is profitable as an open-pit mine and heap-leach operation.

Vancouver — Drilling by Firesteel Resources (FTR-V) on the Copper Creek project in northwestern British Columbia continues to deliver wide intercepts of porphyry copper-gold mineralization.