Prominent Hill’s centre proves barren
Only months after reporting a copper-gold intercept that rivaled the Olympic Dam discovery holes a quarter-century ago, Minotaur Resources has received mixed results from follow-up drilling on the Pro…
News
Mining matters in Nunavut
The weather reports say that it’s minus 42 in Cambridge Bay, but that won’t keep Patricia Dillon and Patricia Meyer from teaching mining to students in chilly, far-northern Nunavut.Both women are par…
OGS uncovers prospective anomalies
A lake sediment survey in the English River-Graham-Wawang Lake area, northwest of Thunder Bay, Ont., has identified areas with elevated concentrations of platinum, palladium and rare earth elements.Th…
Crystallex advances La Victoria (April 08, 2002)
Vancouver — Diamond drilling by Crystallex International (KRY-T) has intersected a high-grade gold shoot at the La Victoria deposit in Venezuela.The drilling was designed to upgrade the reserves and …
BC changes claim law
Two government announcements in western Canada signal a better climate for exploration, says Al Gourley, a director of the Prospectors & Developers Association of Canada.In British Columbia, the gover…
WGC studies future gold trends Musselwhite
A study by the World Gold Council (WGC) is designed to predict the state of the gold market 3-5 years hence, the objective being to “increase the value” of the commodity.The study, which will outline …
Crew tables Nalunaq resource (April 08, 2002)
Vancouver — According to an independent resource estimate, Crew Development’s (CRU-T) Nalunaq project in Greenland holds just under 600,000 oz. gold.Toronto-based SRK Consulting pegs the measured and…
Silver Standard boosts Challacollo (April 08, 2002)
Vancouver — Results from a 7-hole drill program have increased the economic prospects of the the Challacollo silver-gold property in northern Chile.Silver Standard Resources (SSO-V) carried out the 7…
Kinross extends Kinam offer
Kinross Gold (K-T) extended, to April 4, its offer for all of Kinam Gold’s $3.75 series B convertible preferred shares it does not already own.Kinross’s original, $16-per-share cash tender offer expir…
Work resumes at Mt. Kare
Vancouver — With the price of gold showing signs of life, Madison Enterprises (MNP-V) has resumed exploration of the promising Mt. Kare gold-silver property in Papua New Guinea.The latest program con…
Majescor confirms sill-like kimberlite body at Wemindji
Majescor Resources (MAJ-V) has encountered multiple shallow, sub-horizontal kimberlite sills or dykes extending over a 400-by-500-metre area of its wholly owned Wemindji property on the east side of J…
Coeur closes Martha purchase
Coeur d’Alene Mines (CDE-N) has completed the purchase of the Martha silver mine in Argentina from Yamana Resources (YRI-T).With the mine comes a 588-sq.-km land package in Santa Cruz province coverin…