News

An exploration agreement has been reached between Minefinders Corp. and Tracker Resources involving the latter’s 20 claims in Duplessis Twp. in the Bachelor Lake area of northwestern Quebec. Minefinde…

Well into gold and oil and gas exploration, and soon to be a silver producer, International Platinum still has every intention of making a name for itself in platinum. “We’re determined to become the …

Toronto-based Wilco Mining has entered into an option agreement with prospectors David Petrunka and Wayne McChristie of Thunder Bay, Ont., covering a group of 45 unpatented mining claims and two paten…

The Montana Tunnels project of Pegasus Gold was officially opened last week. Over 500 guests attended the commissioning of one of the lowest grade, conventional gold mining operations in the world ne…

While trading on the Alberta Stock Exchange continued to be lacklustre, McSev Exploration was the week’s outstanding issue with 727,200 shares traded. McSev, which remained steady to close at 40 cents…

A production decision could be made within a year on a gold- molybdenum property in northern Nevada, Win-Eldrich Mines President Reuben Brant said at the annual meeting. The Ashdown property, located …

A subsidiary of Asamera Inc. says it will immediately start a preliminary exploration program on what is described as one of the largest single underexplored mineral prospects in the state of Nevada. …

Already a major producer of perlite (a light- weight aggregate with a variety of industrial uses), Vancouver-based Aurun Mines is diversifying into sulphur. The company has joined forces with Equinox …

A deep diamond drilling program will be conducted on the No 4 zone of Band-Ore Gold Mines’ gold property in northwestern Ontario by Noranda Exploration. The drilling will commence in late August and w…

Dissident shareholders had their say at Canhorn Mining’s annual meeting recently — the meeting lasted more than three hours — but in the end a slate of directors and a stock option plan proposed by …

Approval has been given to develop the Ridgeway gold project in South Carolina which will be a joint venture between Amselco Minerals and Vancouver-based Galactic Resources. Ridgeway Mining, a wholly-…

An agreement granting T & H Resources an option to buy nine claims owned by Newfield Mines in Garrison Twp., east of Matheson, Ont., for $150,000 has been signed by the two companies. The option gives…