Drilling at West Timmins’ Montana de Oro
Vancouver — West Timmins Mining’s (WTM-T, WTMNF-O) Montana de Oro project in Mexico is starting to show potential as drill results reveal numerous systems bearing gold, silver, copper and zinc.
Copper
Tyler results show wider zone (June 25, 2007)
Further drill results from Tyler Resources’ (TYS-V, TYRRF-O) Bahuerachi copper-zinc deposit in Chihuahua state, Mexico, show that the previously inferred width of the deposit’s Main Zone may have been…
Sumitomo taking bulk of $37.5M Augusta financing
Vancouver — Augusta Resource (AZC-T, AZC-X) has lined up a $37.5-million financing, with Japanese multinational Sumitomo (SSUMY-O) subscribing to 71% of the non- brokered private placement.
Sage rallies on nickel numbers (June 25, 2007)
Vancouver — Junior explorer Sage Gold (SGX-V, SGGDF-O), a dime stock, saw its value double on over 21 million shares traded in less than four hours recently, after the company announced strong drill …
Cancor goes to Algeria
The fervor in the voice of Cancor Mines (KCR-T) president, Kamil Khobzie, is hard to miss when he talks about explo…
First Narrows cuts more high-grade copper at Chester (June 20, 2007)
Vancouver – First Narrows Resources’ (UNO-V, FNRWF-O) ongoing drill program at its Chester property in New Brunswic…
Crestfallen in Burkina Faso
Results from three holes at Goldcrest Resources (GCL-V) Gaoua copper-gold project in southern Burkina Faso are in, …
Canadian juniors look to light a fire in Jalisco
SITE VISIT Ameca, Jalisco, Mexico — When talk turns to Mexican mining, Jalisco doesn’t have the historical cachet of Durango or the copper-fed importance of Sonora. But this state on…
Far West’s Santo Domingo Sur to benefit from Salvador closure
SITE VISIT Diego de Almagro, Chile — Vancouver-based exploration company Far West Mining (FWM-T, FWMLF-O) will update the resource estimate for its Santo Domingo copper property in Chile’s Region III…
Lonmin buys into Wallbridge (June 18, 2007)
Lonmin (LNMIF-O, LMI-L) has agreed to take a private placement that could give it an 18% shareholding in Wallbridge Mining (WM-T, WLBMF-O), and cements an existing alliance in the Sudbury camp.
African Copper cuts mineralization on Matsitama project (June 18, 2007)
Delineation drilling by African Copper (ACU-T, ACU-L) has cut several long intersections of copper mineralization on the Thakadu copper prospect, part of the company’s Matsitama property in northeaste…
Romios dumps Copper Canyon
Vancouver — Citing project valuation concerns, management of Romios Gold Resources (RG-V, RMIOF-O) has decided against a planned merger with Copper Canyon Minerals (CPY-V, CAYRF-O) that would have se…