Anaconda signs deal at Damoti Lake
Doublestar Resources (DSR-V) and Anaconda Gold (ANX-V) have inked a deal that could see the latter earn a 55% stake in the Damoti Lake project, 200 km north of Yellowknife.To do so, Anaconda must spen…
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Campbell finds new zone at Joe Mann
Campbell Resources (CCH-T) reports that five exploration drill holes at the Joe Mann mine in northern Quebec have intersected a gold-bearing quartz vein.The vein runs 1.5-7 metres wide, and four of th…
Trading Summary (June 06, 2003)
The Toronto Stock Exchange ended the week with a 12.01-point gain to 7,046.88 on Friday. The mining sector wasn’t m…
Umicore to buy OM’s precious metals business
Cleveland-based cobalt giant OM Group (OMG-N) is selling its precious metals business to Belgium’s Umicore (formerl…
Geomaque raises $7.3 million
Geomaque Explorations (GEO-T) has raised $7.3 million via a brokered private placement of 130.7 million subscriptio…
Globex ropes in Honduran property
Playing against type, Abitibi explorer Globex Mining Enterprises (GMX-T) has staked a property covering a series of…
Trading Summary (June 05, 2003)
Canada’s junior exchange ended the day higher with advancing issues out pacing declining stocks by a 334-to-291 mar…
Gammon scores at Northeast Ocampo (June 05, 2003)
Shares in Gammon Lake Resources (GAM-T) shot up more than 12% in early trade in Toronto on June 5, after the compan…
Minefinders boosts Dolores (June 05, 2003)
Vancouver – Recent drilling along the 2.2-km long main Dolores zone has enhanced the economic prospects of the larg…
Glamis breaks ground at El Sauzal
Full-scale construction is underway at Glamis Gold’s (GLG-T) El Sauzal gold project in Chihuahua State, Mexico, now…
SilverCrest moves forward at El Ocote
Vancouver – Junior SilverCrest Mines (SVL-V), formerly known as Strathclair Ventures, has received encouraging resu…
Trading Summary (June 04, 2003)
The Toronto Stock Exchange gained 70.08 points to breach the 7,000 mark for the first time in almost a year, hittin…