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News October 11, 2004

Guyanor buys royalty

Golden Star Resources (GSL-T) has transferred its production royalty on the Rosebel gold mine in Suriname to 52.8%-owned subsidiary Guyanor Ressources (GRL.B-T) in return for US$12 million in cash.

News October 11, 2004

Cozamin makes the grade for Capstone (October 11, 2004)

Vancouver — Capstone Resources (CSG-V) is encouraged by results from diamond drilling at the Cozamin copper-silver-zinc property in Mexico’s Zacatecas state. The company can earn a 90% interest in five advanced Mexican projects…

Ken Lapierre, Mustang Minerals' vice-president of exploration, kneeling (on waste rock from the Maskwa open pit) and James Moon, Senior Investment advisor with Standard Securities. The flooded ramp of the former Maskwa open pit is in the background.

News October 11, 2004

Mustang riding high at Maskwa

Lac du Bonnet, Man. — As nickel exploration properties go, you would be hard-pressed to find a more accessible one than Maskwa, about a 2-hour drive northeast of Winnipeg, Man.

News October 11, 2004

Agreements break ground

Mining associations in western and eastern Canada have formed innovative alliances with groups traditionally seen as being hostile to mining interests.

News October 11, 2004

BHP Billiton lands US$3.2b contract

BHP Billiton (BHP-N) has negotiated iron ore sale commitments from four Chinese steel mills. The commitments have a potential value of US$3.2 billion over the next 10 years.

News October 11, 2004

Stikine hits sulphides near Sullivan

Vancouver — Deep drilling by Stikine Gold (SKY-V) has intersected the sulphide horizon at the Sullivan Deeps project, near Kimberley, B.C.

News October 11, 2004

Canadian Zinc uncovers sulphides

Canadian Zinc (CZN-T) has intersected high-grade zinc, lead and silver at the Prairie Creek mine project in the Northwest Territories.

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