GLOBAL SEARCH FOR GOLD — Amax options
California gold prospectAmax Gold (AU-N) has acquired an option from Royal Gold (RGLD-Q) for that company’s Long Valley gold project in California.Due diligence to be conducted by Amax will include ab…
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GLOBAL SEARCH FOR GOLD — Patrician, JCI explore Homasi property
South African-based JCI has formed a joint venture with Patrician Gold Mines (PXX-A) to explore the Homasi property in Ghana.JCI will earn 60% of Patrician’s 90% interest in the property by spending $…
GLOBAL SEARCH FOR GOLD — Junior explorers pin hopes on northern China — Southwestern Gold and Global-Pacific searching for gold
Partners Southwestern Gold (SWG-T) and Global-Pacific Minerals (GPJ-V) have agreed to explore a large land package in the southern part of China’s Inner Mongolia Plateau.The companies signed their agr…
GLOBAL SEARCH FOR GOLD — Goldeye Resources active in Temagami area
Goldeye Explorations (GEYE-C) has acquired a 17.5-sq.-km property in Tyrrell Twp. covering Archean greenstones west of the Huronian boundary in northern Ontario.The property vendor, a syndicate largel…
GLOBAL SEARCH FOR GOLD — Menora explores in Middle East
Toronto-based Menora Resources (MEN-M) is stepping up its exploration efforts in Yemen.In addition to completing a drill program at the Tassawini gold property, the country has launched a reconnaissan…
GLOBAL SEARCH FOR DIAMONDS — Gerle, Monopros scouring Doyle
Drilling is in progress at the Doyle Lake diamond property in the Northwest Territories.Gerle Gold (GGL-V) holds a 40% operating interest in the property under the direction of Monopros, a wholly owne…
GLOBAL SEARCH FOR GOLD — Initial exploration program pays off for Waseco in Java
A first phase of exploration by Waseco Resources (WSCO-C) has identified epithermal-type gold mineralization at its 33,000-ha Tikkur property on the Indonesian island of Java.The $200,000 program, whi…
GLOBAL SEARCH FOR DIAMONDS — Shore Gold reports Fort la Corne gem count Geophysical surveys planned for unexplored Saskatchewan land holdings
Saskatoon, Sask.-based Shore Gold (SGF-A) is encouraged by results received from the first phase of drilling at its diamond properties near Fort la Corne, Sask.Five drill holes were completed on four …
GLOBAL SEARCH FOR DIAMONDS — BHP tests Caledonia’s NWT project
Emerging diamond producer BHP Minerals is awaiting results from a till and esker sampling program carried out on ground held by Caledonia Mining (CAL-T), some 30 km from the Lac de Gras region of Cana…
GLOBAL SEARCH FOR DIAMONDS — DiamondWorks markets Angolan diamonds
Diamonds from Angola are reputed to be among the most beautiful and valuable in the world. The African nation is the fourth-largest producer of diamonds and ranks second in terms of value per carat, f…
Great Central considers options Down Under
An attempt by Great Central Mines (GTCMY-Q) to shore up holdings in the Yandal and Wiluna mineral belts of Western Australia is faltering as the closing date for the proposed transaction approaches.In…
Newmont hits new zone at True North
Newmont Gold (NGC-N) and La Teko Resources (LAO-V) have intersected gold mineralization in a new zone discovered at the True North deposit, near Fairbanks, Alaska.The structure, known as the Merlyn zo…