News

AfriOre (AFO-T) is on its way to defining a shallow, low-grade gold resource at its Masumbi target in Kenya.

With cries of “hi-ho silver!”, a small but vocal army of silver bulls rejoiced as the white metal soared to 16-year highs in the first quarter of 2004. But like so many times before, the euphoria was short-lived.

Vancouver — Fronteer Development Group (frg-t) has agreed to option two of Teck Cominco‘s (TEK-V) gold projects in western Turkey.

Vancouver — APAC Minerals (APC-V) has intersected a new gold-bearing zone at its Nibao project in southwestern China.

Vancouver — In return for an investment of $1.4 million, Rubicon Minerals (RMX-V) has secured rights to acquire a 29.7% interest in Africo, a private company that controls mineral projects in several African nations, including…

Vancouver — A subsidiary of Denver-based U.S. Gold (USGL-O) has launched an underground program at the El Aquila gold-silver mine in Mexico’s Oaxaca state.

Toronto-based RNC Gold (RNC-T), owner and operator of most of Greenstone Resources’ old gold assets in Central America, has expanded its reserves and resources at the La Libertad and Bonanza mines in Nicaragua and the Cerro Quem…

Vancouver — Southwestern Resources (SWG-T) reports satisfactory gold values from drilling at the Boka project in China’s Yunnan province.

Vancouver — Mano River Resources (MNO-V) has signed an agreement with BHP Billiton (BHP-N) to explore for diamonds on the former’s 9,700-sq.-km prospecting licence in southeastern Sierra Leone.

Vancouver — Drilling by Aurizon Mines (ARZ-T) at its Casa Berardi project in northwestern Quebec has returned high gold values beyond the known limits of zone 113.