Barrick poised to pounce on Busang
Its shotgun wedding with Barrick Gold (ABX-T) having been arranged by the Indonesian government, Bre-X Minerals (BXM-T) has until Dec. 4 to find a husband Jakarta might prefer.The dowry in this case g…
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EXPLORATION ROUNDUP — Zen and the art of Chinese gold exploration — Canadian juniors learn the ropes in China
Despite the long and winding road between finding a mining property and receiving state approval for exploration and development, especially in foreign jurisdictions, junior companies know that persev…
Summex launches action against Farallon
Vancouver-based Summex Mines (SXM-V) has launched a lawsuit in a Mexican court for control of the Campo Morado and Alina concessions in that country’s Guerrero state.The properties are currently held …
Larder eyes base-metal project in Maine
Toronto-based International Larder Minerals (LRDR-C) has entered an agreement with Prospectors Alliance (PALL-C) to acquire an interest in the Alder Pond base metals project in Maine.To acquire a half…
EXPLORATION ROUNDUP — Territorial exploration highlighted by Mazenod Lake prospects
Although ground acquisition has slowed down in the Mazenod Lake area of the Northwest Territories, exploration work continues apace.Combining sophisticated geological and geophysical methods with an o…
EXPLORATION ROUNDUP — Voisey Bay, Atlanta explore prospects
An exploration program by Voisey Bay Resources (VSY-V) and Atlanta Gold (AAG-T) is testing the 4,016-ha Hapsari Indah Kutai property in East Kalimantan, as well as the 15,130-ha Saran property in the …
EXPLORATION ROUNDUP — Omax targets Indonesian prospects
Australian-based Omax Resources (OMX-V) is restricting its exploration initatives to Indonesia, having amassed properties in Java, as well as Sumatra, Kalimantan and Halmahera.The company operates con…
EXPLORATION ROUNDUP — Romarco forges ahead with exploration programs in Nevada
Toronto-based gold explorer Romarco Minerals (R-T) remains focused on Nevada, where drill results from as many as five separate properties are awaited.At the Midas gold property, the company conducted…
EXPLORATION ROUNDUP — Meekatharra postpones Canadian offering
Australian-based Meekatharra Minerals has postponed a private placement that would have raised several million dollars for exploration and development in Indonesia and paved the way for a Canadian sto…
EXPLORATION ROUNDUP — Breakwater plans to explore land package in Honduras
Through a wholly owned subsidiary, Breakwater Resources (BWR-T) plans to explore the Monserrat exploration permit in the historical mining area of Yuscaran, in southern Honduras.The company is no stra…
EXPLORATION ROUNDUP — Results keep Monarch hopeful at Saladillo
New Jersey-based Monarch Resources (MRE-T) is completing its third round of drilling on the Saladillo gold-silver property near Durango in northwestern Mexico.Since September, the company has drilled …
Drills turn at Riyadh property
The second phase of a 50,000-ft. drill program is under way at the Riyadh gold property in Ghana, West Africa.Operator Intenational Tournigan (ITG-V) says new roads and 15 drill pads have been constru…