Preliminary calculations based on new drilling results from the Monique property east of Val d’Or, Que., have doubled reserves for the G zone, Societe Miniere Louvem (TSE) and Monique Exploration (ME)…
Denver-based Crown Resources (VSE) recently acquired a 100% interest in two Nevada properties owned by Freeport-McMoRan Gold (NYSE). According to Mark Jones, chairman of Crown, the properties have exc…
Reopening a long shutdown mine can be no easy task. Problems include enlarging undersized drifts and emergency exits and 1606 replacing lip pockets with ore and waste passes. Besides, there are often …
Galactic Resources (TSE) has received proceeds of $12.58 million from a private placement of units completed by Yorkton Capital Markets (Overseas) Ltd. Each unit is exchangeable for one common share a…
Soft gold prices and a lack of interest in the junior exploration market have combined to bring Toronto-based explorers Golden Terrace Resources (TSE) and Stan North Mining together in a proposed merg…
Several junior gold exploration issues gave up some ground on COATS this week. Slipping by 10 cents was Carolin Mines which closed at 35 cents after a total of 22 trades. The shares of Dartmouth-bas…
American Barrick Resources (TSE) continues to reap the rewards of a lucrative hedging program that has sheltered the Toronto gold producer from softer precious metal prices. While the price of gold av…
Calgary-based Pan East Resources (ASE) recently optioned what it regards as a promising Northwest Territories uranium property from Falconbridge Ltd. (TSE) and Kerr Addison Mines (TSE). Situated 260 k…
Having completed the purchase of a 60% stake in Guinness Gold Resources (ASE) from Acadia Mineral Ventures (TSE), a management team led by William Burton has approved a drilling program at a base meta…
A series of meetings involving officials from East West Caribou Mining and its new financial backers are expected to lead to a resumption of mining operations at the Caribou lead zinc mine in New Brun…
A phase-one drilling program is under way on the Connell Corner property in the Val d’Or, Que., area, Aurizon Mines (TSE) reports. The property is within 1,350 m of the Aur/Louvem copper-zinc discover…
The Chu Chua massive sulphide deposit near Adams Lake, B.C., appears to be moving closer to production. A preliminary open pit plan was prepared by Mintec Inc. for project operator Minnova Inc. (TSE) …
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