News

Soho sees potential for Tahuehueto

Vancouver — Underground sampling on Soho Resources‘ (SOH-V) Tahuehueto project in Durango state, Mexico, is returning high values of gold, silver, lead and zinc.


More gold for Committee Bay

Vancouver — The final three holes of winter drilling at the Three Bluffs occurrence in Committee Bay, Nunavut, has yielded some of the best results to date for JV partners Committee Bay Resources (CBR-V) and Gold Field…


McWatters bankruptcy reaches settlement

The Quebec Superior Court has approved the settlement between insolvent McWatters Mining (MWA-T) and its creditors, ending bankruptcy proceedings for the company and for the Sigma-Lamaque partnership, McWatters’s 60-40 joint ven…


Canadian Stock Exchange Indices (July 19, 2004)


Larger Red Chris mine proposed

Vancouver — The daily capacity of bcMetals‘ (C-V) proposed Red Chris porphyry copper-gold mine in northwestern British Columbia has been increased to 27,500 from 25,000 tonnes over 18 years.



Ivanhoe raises $140m

Vancouver — Ivanhoe Mines (IVN-T) has closed a $140-million equity financing consisting of 20 million shares priced at $7 per share.


Victoria cuts high-grade at Mill Canyon

Vancouver — Victoria Resource (VIT-V) has hit a 355-metre alteration zone containing high gold grades while testing the new RJR zone on its Mill Canyon property in Nevada.


Goose Lake delivers golden results

Vancouver — Drilling by Miramar Mining (MAE-T) on the Goose Lake deposit at the Back River project in Nunavut has returned significant gold mineralization over good widths.


Cerro Casale on shaky ground

Vancouver — Arizona Star Resource (AZS-V) and Bema Gold (BGO-T) are threatening to go to arbitration to gain Placer Dome‘s (PDG-T) 51% stake in the Cerro Casale porphyry gold and copper pro…


Sleeper awakened by deep drilling (July 19, 2004)

Vancouver — Two deep holes have confirmed and extended higher-grade gold mineralization in the West Wood breccia zone of the Sleeper deposit in Nevada’s Humboldt Cty. The property is held 50-50 by New Sleeper Gold (NWS-V) and <...


Clarification (July 19, 2004)

Our last issue was not sufficiently clear about the relationship between De Beers and Band-Ore Resources (BAN-T) at the latter’s GQ diamond property near Wawa, Ont.


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