News

Alexis Minerals (AMC-V) is encouraged by gold and copper results from channel sampling on the Oramaque property, east of Val d’Or, Que.

Vancouver-based Dynasty Metals & Mining (DMM-V) has received encouraging results from ongoing trenching and soil sampling on the Papayal porphyry discovery in southern Ecuador.

The period ended Oct. 5 was a turbulent one for U.S. markets, with the Dow Jones Industrial Index rising 100.28 points to 10,177.68 and the S&P 500 index easing up by 24.42 points to 1,134.48.

The report period Sept. 29-Oct. 5 saw the price of gold rise to close US$3.70 higher at US$415.40 per oz. in the afternoon in London. In New York, oil prices were still hovering around US$50 a barrel; the energy index was up another 4 points at 19…

Resurgent metal and oil prices helped push the TSX Venture Exchange to another strong performance for the period ended Oct. 5, as the S&P-TSX Venture Composite Index continued its blistering pace, rising another 75.55 points, or 4.8%, to 1,658.91…

An initial resource calculation at the Penasco silver deposit in Zacatecas state, Mexico, has almost doubled the resource on Western Silver‘s (WTC-T) Penasquito project.