Majescor plans program for Wemindji
Field programs budgeted at $500,000 will explore promising kimberlite targets on the land holdings of Majescor Resources (MAJ-M). The properties are east of James Bay in northern Quebec.The Quebec Cit…
News
Shear cuts narrow dyke
Drilling by Shear Minerals (SRM-V) on the Aylmer Lake West property in the Northwest Territories has culminated in the intersection of a narrow kimberlite dyke.Three lake-based targets identified from…
Black Hawk retires debt
A 15% increase in gold production, coupled with a 24% reduction in cash operating costs, helped Black Hawk Mining (BHK-T) stay in the black during the first quarter of 2001.The company’s El Limon mine…
Low-cost gold mines: the new survivors
As the gold price rallies, only to sink again, the measure of a good gold project is less and less its production and more and more its operating margin. The need to make money in a small way is winni…
Southwestern Gold active in Argentina, Peru
Denver — Faced with the impending South American winter, partners Southwestern Gold (SWG-T) and Consolidated Jaba (JBA-V) are hurrying to complete soil sampling on the Tecka layered mafic intrusion i…
Copper Ridge gains prospect
Copper Ridge Explorations (KRX-V) has struck a deal with Big Blackfoot Resources (BLF-V) to earn up to a 70% interest in a zinc-lead massive sulphide prospect in the Yukon Territory.Copper Ridge can e…
Trillion options Karasberg
Vancouver-based Consolidated Trillion Resources (TLQ-T) has secured rights to earn up to a 100% interest in the Karasberg project from a unit of BHP (BHP-N).Karasberg consists of five exclusive prospe…
Partners discover third PGM layer at River Valley
Drilling appears to have intersected a third mineralized horizon at the River Valley platinum group metals property in the Sudbury region of Ontario.Toronto-based Mustang Minerals (YMU-V) and its Sout…
McVicar, BHP option Pigeon River (May 28, 2001)
Partners McVicar Minerals (MVR-V) and BHP (BHP-N) have optioned Falconbridge’s (FL-T) Pigeon River copper/nickel/platinum-group-element project, near Thunder Bay, Ont.The property includes 4…
Crystallex mining Lo Increible
Vancouver-based Crystallex International (KRY-T) has started mining at the La Victoria open pit, one of six gold deposits at the company’s newly acquired Lo Increible project in Venezuela’s El Callao …
Modi Taung yields more high grades
Geochemical sampling at the Modi Taung gold project in central Myanmar has turned up more nuggets for Ivanhoe Mines (IVN-T).Tunneled into SW Zone 3, Adit 6 returned up to 321.7 grams gold per tonne ov…
Gammon reworks terms of Ocampo agreement
Gammon Lake Resources (GAM-T) has renegotiated the payment schedule for its Ocampo gold- silver project in Mexico’s Chihuahua state.The Halifax-based junior can acquire a 100% interest in virtually th…