‘Eskay-type’ target at BQ
Encouraging results from a limited drill program have prompted Endurance Gold (EDG-V) to stake an additional 20 claims totalling more than 80 sq. km surrounding its BQ polymetallic project situated 25…
Gold
Detour Lake proving fortuitous
Drilling on Block A at the Detour Lake gold property in northeastern Ontario continues to yield high gold grades for equal partners Trade Winds Ventures (TWD-V, TWDIF-O) and Pelangio Mines (PLG-T, PLG…
Partners target lonore South anomaly (May 15, 2006)
Goldcorp (G-T, GG-N), Eastmain Resources (ER-T, EANRF-O), and Azimut Exploration (AZM-V, AZMTF-O) have signed a letter of intent to jointly explore a promising gold-and-arsenic-in-soil anomaly straddl…
Maxy Gold selling Niukong to Chinese group (May 15, 2006)
Vancouver — China-focused junior explorer Maxy Gold (MXD-V) is offloading its Niukong gold project, part of the Luchun joint venture in southern Yunnan province, to a private Hong Kong-based mining g…
Eldorado bleeds US$7.5M in Q1
Vancouver — Eldorado Gold (ELD-T, EGO-X) posted a first-quarter net loss of almost US$7.5 million in 2006, reflecting a transition phase for the company as it wound down one of its mines and brought…
Gold Canyon tests high-grade targets at Springpole (May 15, 2006)
A winter drill program by Gold Canyon Resources (GCU-V, GDCRF-O) has returned bonanza grades from the Core area of the Springpole gold project in the Red Lake mining district of Ontario, while also re…
On-site exploration yields high-grade zones for Imperial
Vancouver — A spring drilling campaign by Imperial Metals (III-T, IPMLF-O) has returned encouraging results from several zones near existing pits at the wholly owned Mount Polley copper-gold mine sit…
Cross Lake lines up financing to restart QR
Vancouver — Cross Lake Minerals (CRN-T, CLKMF-O) plans a significant financing, coupled with a share consolidation, to bring its QR gold mine, 70 km southeast of Quesnel, B.C., back into production….
Seabridge regains Kerr-Sulphurets gold-copper project
After completing a drill program to test six potential copper targets, Falconbridge (FAL.LV-T, FAL-N) has opted to allow Seabridge Gold (SEA-V, SA-X) to regain 100% ownership of the Kerr-Sulphurets go…
Bema sees losses up despite higher gold output
Vancouver – Record quarterly revenues and gold production was not enough to quell the red ink for Bema Gold (BGO-T,…
HudBay’s earnings soar
Significantly higher prices for its bread-and-butter metals saw HudBay Minerals (HBM-T, HBMFF-O) more than octuple …
Agnico-Eagle’s Q1 and LaRonde II
Agnico-Eagle Mines (AEM-T, AEM-N) continues to build on its impressive assets by confirming it will go ahead with i…