Northair hot on Venturina project
International Northair Mines (INM-V) continues to produce encouraging results at the Venturina project in Mexico’s Chihuahua state.The company is acquiring the project in return for paying US$138,000 …
News
LATIN AMERICA — Medallion, Advanced team up at Gui Gui property
Medallion Resources (MDL-V) has entered into an agreement to earn a majority interest in the Gui Gui lead-zinc-silver property in northern Mexico.The property, currently held entirely by Advanced Proj…
Converse resource doubles
A new resource calculation for the Converse gold deposit in Humboldt Cty., Nev., indicates there may be a substantially larger resource than had previously been estimated.Consulting firm Mine Developm…
LATIN AMERICA — NEWS ROUNDUP — Santa Cruz sells Lluvia de Oro
Toronto-based Santa Cruz Gold (SCG-T) is selling its suspended Lluvia de Oro gold mine in Mexico’s Sonora state.The company is to receive US$120,000 in cash from the unnamed buyer and will remove itse…
LATIN AMERICA — NEWS ROUNDUP — High American drills in Argentina
High American Gold (HIAM-C) has completed two diamond holes at its Oesteroche property in northwestern Argentina.The holes were sunk near a tourmaline breccia pipe following the recovery of soil and r…
LATIN AMERICA — Cuba OKs work proposal
The government of Cuba has approved a proposal by MacDonald Mines Exploration (MMP-A) to step up its exploration for gold on the island nation.Over the past four years, the company has identified 36 t…
LATIN AMERICA — Morgain, Columbia forge ahead in Mexico — Further drilling to include reverse-circulation, core holes
Partners Morgain Minerals (MGM-V) and Columbia Metals (COML-C) are continuing to explore for polymetallic minerals at their San Francisco property in Mexico’s Sonora state.San Francisco produced gold …
LATIN AMERICA — Aquest looks to Guatemala for Carlin-style targets — Proposed drilling would determine extent of gold mineralization
The similarities to Nevada-style sediment-hosted, bulktonnage gold deposits were compelling enough for Aquest Minerals (AQU-V) to acquire a privately-held Guatemalan mining company whose key assets in…
LATIN AMERICA — Argentina produces map
With the help of the World Bank, Argentina has compiled detailed geologic maps and ore deposit models on a CD-ROM, which is available to anyone interested in mineral exploration in that country.The CD…
LATIN AMERICA — Minera Andes resumes drilling in Argentina
Minera Andes (MAI-A) has resumed drilling at the Huevos Verdes vein system on the El Pluma-Cerro Saavedra silver-gold property in southern Argentina.To date, the company has drilled 10 reverse-circula…
LATIN AMERICA — Bolivia seeks to attract mining investment
International and Canadian aid agencies are attempting to invigorate Bolivia’s beleaguered economy.The International Monetary Fund has designated the nation “heavily indebted,” paving the way for a gr…
LATIN AMERICA — AG triggers gold boom
The gold exploration boom in Argentina owes much to Argentina Gold’s (ARP-V) discovery of a major, ever-growing bulk-tonnage resource at its 60%-owned Veladero joint-venture project in San Juan provin…