Moss Lake expands Fountain Lake property
Moss Lake Gold Mines (MOK-T) has acquired the Fountain Lake property, 100 km west of Thunder Bay, Ont., following a cash-and-share deal.The junior paid $45,000 and issued 4.5 million shares for the 80…
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DIAMOND PAGE — Namibian poised to acquire Ocean Diamond
Namibian Minerals (NMR-T) has made formal its takeover bid for Ocean Diamond Mining Holdings, a fellow marine diamond miner listed on the Johannesburg Stock Exchange.Namibia, which announced its inten…
Norrliden returns high-grade zinc
North Atlantic Natural Resources, the Swedish subsidiary of South Atlantic Resources (SCQ-V), has intersected higher-than-expected grades at the Norrliden copper-zinc deposit in northern Sweden.Highli…
Viceroy closes deal Down Under
Viceroy Resources (VOY-T) has completed its acquisition of the Bounty gold mine in Western Australia from Forrestania Gold, a wholly owned subsidiary of Toronto-based LionOre Mining International (LIM…
Asia Pacific finances project
Asia Pacific Resources (APQ-T) will finance development of its Somboon potash property in northeastern Thailand by arranging a $6.2-million private placement.The placement will consist of 2.4 million …
Juniors find gold in Nfld
Fort Knox Gold Resources (FNX-T) and Northway Explorations (NOW-T) have discovered surface gold mineralization at the Twi-Lite property in central Newfoundland.Channel sampling returned up to 23.6 gra…
LATIN AMERICA — Full speed ahead as Antamina’s partners dip into treasury — Huge polymetallic mine in northwestern Peru moves closer to production
Special to The Northern MinerConstruction at the Antamina project in northwestern Peru has moved into high gear since its Canadian owners secured more than US$1.3 billion in debt financing to develop …
LATIN AMERICA — Noranda options Chilean copper-gold prospect
Noranda (NOR-T) and Metallica Resources (MR-T) has signed an agreement to explore the Morro copper-gold property in north-central Chile.The major can earn a 70% interest in the 185-sq. km property by …
LATIN AMERICA — Meridian drills Venturina
An exploration progam by Meridian Gold (MNG-T) is aimed at defining drill targets at the Venturina gold-silver property in Mexico’s Chihuahua state and investigating a surrounding land package.Under a…
LATIN AMERICA — Standard to drill Zopilote property
Reconnaissance soil sampling by Standard Mining (SDM-T) is finding new targets to drill at its Zopilote gold property in Honduras.Surveying the westerly Calpules topographic lineament, the company tra…
LATIN AMERICA — Resource estimate leaves Aquest bullish on Anabella
Following an encouraging evaluation of the Anabella gold project in western Guatemala, Aquest Minerals (AQU-V) is optimistic the resource is economic and potentially expandable.The evaluation indicate…
LATIN AMERICA — Homestake budgets US$13m for Veladero
With the South American spring approaching, melting snow will make way for drill rigs at the Veladero gold-silver project, high in the Andes in west-central Argentina.The 11,500-ha property has receiv…