Volta Grande grows with drilling
Verena Minerals (VML-V) has finished the first phase of a 37,000-metre drilling program at the Volta Grande gold pr…
Gold
Western Goldfields buys fleet for California mine
Now that US$60.9 million in fleet equipment has been ordered for the Mesquite gold mine in Imperial County, Califor…
Lake Shore boosts Timmins West resource
Vancouver – Lake Shore Gold (LSG-T, LSGGF-O) delivered a significant resource increase at its Timmins West project …
Aurelian Gold Discovery Takes Centre Stage
Viewed as a prime takeover target, Aurelian Resources (ARU-V, AUREF-O) is capitalizing on a share price that is approaching $40 and the strength of a new, potentially “world-class” discovery in Ecuado…
Alhambra Intersects Higher Grades at Uzboy
Vancouver — Alhambra Resources (ALH-V, AHBRF-O) president Elmer Stewart says he is encouraged by the results of drilling to the northwest of the company’s Uzboy gold mine in Kazakhstan.
Petaquilla Expands Molejon
Vancouver — Drilling by Petaquilla Minerals (PTQ-T, PTQMF-O) at its Molejon gold project in north-central Panama has turned up new zones of mineralization.
Gryphon Gold Sets Borealis on Course for Relaunch
Hawthorne, Nev. — With a positive feasibility study in hand for heap-leach operations at its Borealis project in western Nevada’s Walker Lane trend, Gryphon Gold (GGN-T, GYPH-O) is advancing plans to…
Gold Reach Cuts Wide Copper at Seel
Vancouver — Gold Reach Resources (GRH-V, GRHFF-O) delivered a strong copper intercept from its Seel project, located about 120 km southwest of Houston, B.C., prompting a trading flurry in the junior …
Belahouro Numbers Positive
Goldbelt Resources (GLD-V, GLDDF-O) is ready to start preproduction work at its Belahouro project in north-central Burkina Faso after receiving a prefeasibility study on production from the Inata depo…
Barrick Waives Minimum Tender Condition in NovaGold Bid
Vancouver — With about 20.6 million shares of NovaGold Resources (NG-T, NG-X) deposited under Barrick Gold’s (ABX-T, ABX-N) US$16.00-per-share hostile bid, the gold major has waived the 50.1% minimum…
Return of Ortega in Nicaragua Chills Miners
Vancouver — The return to power of former Marxist guerilla leader Daniel Ortega in Nicaragua has sent a chill through a small community of Canadian mining companies with operations in the Central Ame…
Imperial Metals Pulls Plug on Hostile Offer for bcMetals
Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.