If the Cross property in the Northwest Territories is regarded by industry-watchers as a success, it is not simply because it has already yielded a number of diamonds but also because it proves that t…
Affiliated companies Mentor Exploration and Development (TSE) and Long Shots have, through the open market, acquired almost 250,000 common shares of Legacy Explorations (CDN). Together with Agnico-Eag…
A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…
Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…
Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…
All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…
Three Alberta-listed juniors have agreed to sell Deak Resources (TSE) a 49% interest in all their mineral assets within a 100-mile radius of Deak’s Kerr mine site in Virginiatown, Ont. The value of th…
An agreement-in-principle has been reached by NovaGold Resources (TSE) and the National Bank of Canada concerning the restructuring of a $4-million loan, owed by a wholly owned NovaGold subsidiary, Mu…
Representatives of 25 Caribbean basin countries recently signed an agreement in Cartagena, Colombia, creating a new association that brings together Cuba and the U.S., at least indirectly. The Associa…
Toronto-listed partners Falconbridge and Trillion Resources have completed a program of 79 drill holes, totaling 2,800 metres, on their Biankouma-Sipilou nickel project in Ivory Coast, West Africa. Us…
Initial results have prompted AGC Americas Gold (VSE) to expand drilling on its JD property in the Toodoggone region of northern British Columbia. Originally intending to drill 5,000 ft., the junior i…
Montreal-listed junior GeoNova Explorations is exploring properties in the Lebel-sur-Quevillon and Eastmain areas of Quebec. In the Quevillon area, three properties, known as the Gander, Baptiste Rive…
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