News

A gold discovery at the Pine East property has prompted partners Shane Resources (SEI-V) and Claude Resources (CRJ-T) to change the terms of their current agreement.The discovery was made on Shane’s p…

In a move clearly aimed at heading off any challenges by Voisey’s Bay developer Inco (N-T), the government of Newfoundland has tabled a bill to amend the province’s Mineral Act.The bill, introduced in…

Junior Donner Minerals (DML-V) is encouraged by results from an ongoing drill program at its South Voisey’s Bay project in Labrador.Since May, Donner has completed 37 holes and deepened five others, r…

A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…

Sulliden Exploration (SUE-M) has signed an agreement with Altius Minerals (ALS-A) to earn a half-interest in that company’s Mustang gold property in central Newfoundland.Mustang covers 1,850 ha of the…

Nucanolan Resources (NCRL-C) has launched a drill program at the Lara polymetallic property on Vancouver Island, B.C.The junior is earning a half-interest in the project from Laramide Resources (LAM-T…

Altius Minerals — Billiton can earn up to a 70% interest in 127 claims by spending $1.3 million and making a cash payment of $200,000Buchans River — Billiton can earn up to a 70% interest in 819 cla…

A trenching program by Western Pacific Gold (WPI-A) has resulted in a high-grade copper discovery at the Hambusimaloso project in the Solomon Islands.Ten continuous channel samples, which were excavat…

Stepout drilling at the advanced Samira gold project in Niger has extended the Main zone another 50 metres along strike.Etruscan Resources (EET-T), which owns a 90% interest in the project, says each …