Birch audit finds ‘little precious metal’
A technical audit by outside consultants has concluded that exploration for “Prairie-style” gold mineralization in northeastern Alberta, currently being pursued by Birch Mountain Resources (BMD-V), ha…
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Barrick returns to Archean roots at Buly
Bulyanhulu District, Tanzania — Even with scorched red soil and unmistakably African vegetation, it isn’t difficult to imagine the Lake Victoria gold camp as a southern cousin to Canada’s famous Abit…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Tres-Or adds diamond play
Vancouver-based Tres-Or Resources (TRS-V) has joined the Ontario diamond hunt.The junior recently acquired 783 claim units south of Temagami and east of Marten River, at the southern end of the Lake T…
Tenke Mining fires up second rig at Vicuna
Vancouver — Junior Tenke Mining (TNK-T) has added a second drill rig to its 23-hole program on the Vicuna gold project, in northwestern Argentina.The reverse-circulation work is testing five targets:…
Junior busy in Nevada
Having ended a two-and-a-half-year venture arrangement Kennecott Exploration, junior Nevada Pacific Gold (NPG-V) is raising $300,000 to continue exploring for gold in Nevada.The non-brokered private p…
Juniors target ‘Sullivan’ projects
The search for the next Sullivan mine in British Columbia’s Purcell Basin has been frustrating and fruitless for most juniors, but three companies headed by Richard Hughes intend to give it another sh…
Teck drops option on Cerro Samenta
Following a 4-hole drilling program on the Cerro Samenta property in northwestern Argentina, Teck (TEK-T) has handed the property back to Mansfield Minerals (MDR-V).Teck tested a newly discovered zone…
Virginia eyes Bathurst target
Having discovered four base metal showings in the James Bay region of Quebec, junior Virginia Gold Mines (VIA-M) is gearing up for a program of geophysics and trenching.Channel and grab samples yielde…
Apex creates subsidiary Golden Temple
Denver — Apex Silver Mines (SIL-X) will bundle its various exploration properties into a new subsidiary, to be known as SilEx. The move will enable the company to focus its attention on developing th…
Finnish precious metal projects lure explorers
Given the interest in exploration for platinum group metals (PGMs) in northern Ontario and its long history of gold production, it is surprising that more explorers are not targeting projects in Finla…
GoldenTemple adds to holdings in Mexico
As part of a strategy to focus on emerging mineral districts, Golden Temple Mining (GTM-V) has acquired two new properties in Mexico. One is in an emerging zinc district; the other covers a new discov…