News

The TSX Venture Exchange took a hit during the report period June 2-8, losing nearly 33 points to close at 1571.25. The price of gold has been unsure which way to go and ended the period at US$391 per oz. in New York, down from US$394 per oz. in t…

Intrepid Minerals (IAU-V) has intersected impressive gold, silver and bornite-chalcopyrite mineralization — all in one hole — at its San Cristobal project, 20 km northeast of San Miguel, El Salvador.

Vancouver — Partners Teck Cominco (TEK-T) and Sumitomo Metal Mining have been given the approval to continue developing the Pogo gold project, 90 miles southeast of Fairbanks, Alaska.

Vancouver — Partners Committee Bay Resources (CBR-V) and Gold Fields (GFI-N) have completed the first three holes of this year’s drill program on the Committee Bay gold project, northeast of Baker Lake in Nun…

North American Mining: 99.26 (-0.81)…

Vancouver — Sultan Minerals (SUL-V) has released an independent resource estimate for the Gold Mountain and Kena Gold zones on Kena project in southeastern British Columbia.

Vancouver — UEX (UEX-T) has raised $4.25 million in flow-through financing, which, in addition to $5 million raised in April, puts the company’s bank account at more than $11 million. The funds will be used to explore and develop the Athabasca Ba…

Ore-Leave Capital (OLV-V) has extended the strike length of gold mineralization along the Rothmundy vein system at its Baia Sprie project in northern Romania.

Typhoon Exploration (TOO-V) has intersected significant gold while drilling its Fayolle property, 35 km northeast of Rouyn-Noranda, Que.

Vancouver — Development drilling by American Bonanza Gold Mining (BZA-V) at the Copperstone project in Arizona’s La Paz Cty. has returned high gold values.

Vancouver — Ledcor CMI, a British Columbia-based contractor, has agreed to resuscitate the Gibraltar open-pit copper mine and take over operatorship from Taseko Mines (TKO-V). The mine is near Williams Lake i…

Sudbury Contact Mines (SUD-T) has processed a mini-bulk sample from one of the kimberlites, 95-2, on its Timiskaming diamond project in Ontario.