The property assets of Peruvian Gold (VSE) in southern Peru have grown to cover 60,000 hectares. The Vancouver-based company lists leases covering four mineralized porphyries — Agua Verde, Zapanyoque…
The Chilean subsidiary of Northgate Exploration (TSE) will allow a Chilean company to explore the sulphide zones of the Choquelimpie gold property. Quilacoyan S.A. can earn a 50% interest in the prope…
Three factors lent strength to Wharf Resources’ (TSE) performance in 1994: a higher realized gold price; an increase in the amount of gold sold; and a US$1-million premium earned on advances from the …
As a result of security problems in gaining access to mineral claims, a subsidiary of Golden Star Resources (TSE) has temporarily suspended most of its activities in Sierra Leone, West Africa. Pan Afr…
Extraction of mineralized rock from a stope (51-04-00) along the A vein at the Bourlamaque-Nord gold project led to the discovery of a large pocket of quartz-tourmaline-chalcopyrite, close to the gran…
Vancouver-based junior Energold Mining (VSE) has entered into an agreement that sets the stage for it to acquire El Higo, a concession in the Dominican Republic. The concession hosts the Centenario go…
Finnish mining company Outokumpu reports the uncovering of a new copper deposit in Chile near the town of Vallenar. The Relincho project is estimated to contain 130 million tonnes grading 0.8% copper,…
Tucked away in the quiet backwaters of northern Sonora state, a gold mine is taking shape for Great Lakes Minerals (TSE). Following the completion of a positive feasibility study by Scotia Corp., a Sa…
Vancouver-based junior Sonoma Resource (VSE) can acquire a half interest in two Panamanian projects from a unit of Cyprus Amax Minerals (NYSE). The Quebrada Barro and Quebrada Iguana copper-gold prosp…
Financing worth up to US$4 million has been secured by Ego Resources for startup of its Cobatec cobalt recovery plant near Cobalt, Ont. Ego has reached an agreement with Amalgamet Canada to finance it…
A recent private placement by Aurizon Mines (TSE) is expected to provide funds for Aurex Resources (TSE) to expand production at the Cobrex mine and for general working capital. Aurizon is a major sha…
Drilling on the Bouroum gold concession in Burkina Faso, West Africa, is returning some impressive results for Channel Resources (TSE). Assays from the first five holes on the F-12 Extension graded up…
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