An option agreement withVirginia Gold Mines (ME) will allow Kennecott Canada to explore two properties in the Labrador Trough area of northern Quebec. Exploration work is planned or is under way at nu…
A pair of polymetallic projects in northwestern Quebec, in which Cambior (TSE) is the major player, are in preproduction. Commercial production at the 1100 Lens project of Audrey Resources (TSE) near …
Drills have begun turning on Nuinsco Resources’ (TSE) Rainy River gold project in northwestern Ontario. The program will test targets outlined by geophysical, geochemical and geological surveys. The R…
Based on recent drill results and a new pit design, reserves at Geomaque Explorations’ (TSE) San Francisco gold deposit in Mexico have increased by 54%. Minable proven and probable reserves at the dep…
Gold values are reported from a drilling program at the West Fork project in Guyana. Situated in the Cuyuni mining district, the project is owned jointly by Roraima Gold (VSE) and Golden Star Resource…
Northeastern Turkey is the site of a new gold discovery by Cominco Resources International (TSE). Situated in the same geological setting as the nearby Saray property, the Rhodo prospect consists of t…
Excitement is not an emotion normally associated with the coal sector, the average investor being more susceptible to the lure of precious and base metals plays. However, Robert Dickinson, Robert Hunt…
Two years of exploration efforts in Turkey appear to be paying off for Cominco Resources International (TSE). A second phase of drilling on the Saray property, 5 km from the Black Sea and near the tow…
Having received a commitment of US$35 million from a syndicate of international banks led by Barclays Bank PLC, Azco Mining (TSE) will soon begin construction at its Sanchez copper project in southeas…
Drilling has outlined four main, open-pit target zones at the Pachicutza gold property in Ecuador. TVX Gold (TSE) has two rigs working its 92%-owned property where (to date) 23 holes, representing 5,6…
Despite higher revenues and production, Rayrock Yellowknife Resources (TSE) posted a loss for the third quarter. The company lost $863,000 on revenues of $20.5 million, compared with earnings of $1.5 …
The Sierra Valenzuela copper property of Minera Rayrock (TSE) in Chile was tested this year by the drilling of shallow holes into the bedrock. The company drilled the oxide material to depths of 120 m…
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