Seabridge nabs Red Mountain project
Vancouver — In keeping with its strategy of acquiring advanced gold projects, Seabridge Resources (SEA-V) has inked a deal with North American Metals (NAM-V) to pick up the Red Mountain project in no…
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Ashton returns to Buffalo Hills
The joint-venture partners in the Buffalo Hills diamond project in northern Alberta are preparing to begin delineation drilling on the K252 kimberlite.K252 is the most promising of the 36 kimberlites …
Silver Standard teams with GoldOre Resources
An option agreement with Gold-Ore Resources (GOZ-V) sets the stage for Silver Standard Resources (SSO-V) to extend its search for bulk-minable silver deposits to include Mexico’s Sinaloa state.Silver …
High River posts record production (February 11, 2002)
During 2001, High River Gold Mines (HRG-T) produced a record amount of gold from its 50%-owned New Britannia mine in Manitoba and from the mines of Buryatzoloto, a Russian company in which High River …
Radius explores Guatemalan projects
Vancouver — Having optioned its Tambor property to South African major Gold Fields (GOLD-Q), Radius Explorations (RDU-V) is busy developing other gold prospects along the Montagua fault trend in Guat…
Queenstake to proceed with production at Magistral
The Magistral gold project in northern Sinaloa state, Mexico, will be pouring gold by September following a positive production decision by operator Queenstake Resources (QRL-T) and its joint-venture …
Meridian eyes half-stake in Gold Hawk
Mid-tier producer Meridian Gold (MNG-T) has reached an agreement that could give it a controlling interest in Montreal-based junior Gold Hawk Resources (CGK-V).Under the proposed deal, Meridian would …
Canabrava to raise $1.2m
In the midst of diamond exploration in northern Ontario and the Mistassini area of north-central Quebec, Canabrava Diamond (CNB-V) intends to raise up to $1.2 million by selling up to 3 million units …
Expatriate exits Fox River (February 11, 2002)
Vancouver –The Hunter-Dickinson group ends up with a 15.7% stake in cash-strapped Expatriate Resources (EXR-V) following the junior’s withdrawal from a $2.5-million deal to pick up a 12% stake in the…
Trading Summary (February 08, 2002)
All but two of the Toronto Stock Exchange’s fourteen subindices ended the week with a mini recovery on Friday. The…
Homestake to appeal Troilus judgment
Barrick Gold (ABX-T) will appeal an $88-million judgment against subsidiary Homestake Mining over the cancelled pur…
Talks aimed at nuptials in Nunavut
Partnered at the Hope Bay Gold project in Nunavut since late 1999, Miramar Mining (MAE-T) and Hope Bay Gold have be…