News

Erdene Gold (ERD-V) has intersected significant gold and copper at its Khukh Bulag (Blue Springs) property in south-central Mongolia.

Atikwa Minerals — Ian Atkinson resigned as president but remains director; CFO Bradley Kipp adds the title of president.

High River Gold Mines (HRG-T) has agreed to a share swap that will see its stake in Russian gold producer Buryatzoloto climb to 63.1%.

Shares in Gabriel Resources (GBU-T) increased by as much as 54%, to $2, on Aug. 30, after the company announced a $24.8-million private-placement deal with Newmont Mining (NEM-N).

Vancouver — Reverse-circulation drilling by Simberi Gold (SAU-V) has intersected high gold grades from the surface of the Sorowar deposit in Papau New Guinea.

Vancouver — Great Basin Gold (GBG-T) has started a prefeasibility study of Area 1 of its Burnstone property in South Africa.

European Minerals (EPM.U-T) has completed infill drilling on the periphery of proposed open pits at its Varvarinskoye project, 130 km southwest of Kustanai in northern Kazakhstan.