Sulliden finances Peruvian exploration
A recent $5-million private placement will provide funds for Exploration Sulliden (SUE-M) to explore its Las Huaquillas project in Peru.The junior says it intends to use 80% of the proceeds to explore…
News
Juniors undistracted by Zaire’s political woes
Serious political unrest is failing to deter a number of North American juniors from exploring for copper and other minerals in Zaire’s Shaba province.In an attempt attempt to lock up development righ…
Mothballed Faro seen as victim of Murphy’s Law
The decison by Anvil Range Mining (ARO-T) to suspend mining at its Faro zinc-lead producer is attributable to a host of problems from which the Yukon operation has suffered in recent months.The closur…
EXPLORATION ROUNDUP — Link drilling enhances Pionero
With some 2,396 metres of drilling completed to date, Link Mineral Ventures (LMVL-C) has encountered silver-copper mineralization at its Pionero property in Honduras.A recent hole intersected 21.7 met…
EXPLORATION ROUNDUP — Breckenridge eyes Mexican prospect
Through a Mexican subsidiary, Breckenridge Minerals (BREK-C) plans to spend US$1 million exploring La Lajita, a land package in Mexico’s Durango state.Initial exploration will be focused on a surface …
EXPLORATION ROUNDUP — Manhattan drills Mexican discovery
A 10,000-ft. drill program is testing a gold discovery by Manhattan Minerals (MAN-T) at its optioned Candamena project in Mexico’s Chihuahua state.The property lies along the southern margin of the Oc…
Aur hits more gold at Coleman Canyon property
At the Coleman Canyon property in Nevada, held by Aur Resources (AUR-T), seven large backhoe trenches have uncovered disseminated gold in sedimentary rock.Most of the trenches intersected multiple min…
EXPLORATION ROUNDUP — Noble Peak hits gold at Worcester
The first hole drilled by Noble Peak Resources (NPK-A) at the Worcester gold project in South Africa’s Barberton greenstone belt has intersected gold mineralization.The hole returned 0.31 metre gradin…
EXPLORATION ROUNDUP — Blue Emerald turns east and west
Norway and Indonesia may be on opposite ends of the earth, but junior Blue Emerald Resources (BER-V) is of the view that both countries offer significant potential for new discoveries.The junior has a…
EXPLORATION ROUNDUP — Mimiska explores Fern Elizabeth
Encouraging results are reported from the Fern Elizabeth gold property of Mimiska Mining (MMS-M).Assays from the Zephyr zone include: 0.5 metre of 7.33 grams gold per tonne, 1.5 metres of 8.95 grams, …
THE DIAMOND PAGE — Namco loses legal dispute with Benco
South African judges have ended a longstanding legal dispute between Namibian Minerals’ (NMR-T) and Benco related to a diamond-mining venture off the coast of southern Africa.The country’s Supreme Cou…
THE DIAMOND PAGE — Diagem explores ground in Brazil
Geological mapping by Diagem International Resource (DGM-V) is under way at a newly acquired project in the Juina diamond camp of Brazil’s Mato Grosso state.The land package covers 11,000 ha in the ce…