Santoy bulk sample suggests high grade (March 19, 2007)
Underground sampling at the Santoy 7 zone on Claude Resources’ (CRJ-T, CGR-X) Seabee property in north-central Saskatchewan suggests bulk grades may be higher than the zone’s resource estimate.
Gold
Mena raises $72M, Rusoro takes over
Vancouver — Soon after closing a $72-million brokered private placement, gold explorer Mena Resources was absorbed by project partner Rusoro Mining (RML-V, RMLFF-O) in a pre-arranged merger deal.
Eastmain increases resources with new James Bay property (March 19, 2007)
Somewhat fittingly, Eastmain Resources (ER-T, EANRF-O) has acquired the Eastmain Mine copper-gold-silver property in Quebec’s James Bay region from MSV Resources, a wholly owned subsidiary of Campbell…
Mega Uranium to absorb Monster Copper (March 19, 2007)
Vancouver — In a combination of larger-than-life adjectives, Mega Uranium (MGA-T, MGAFF-O) is moving to acquire Monster Copper (MNS-V, MCPRF-O).
Indonesian drilling encourages Southern Arc (March 19, 2007)
Vancouver — Scout drilling by Southern Arc Minerals (SA-V, SOACF-O) at its West Lombok property on Lombok Island, Indonesia, is indicating a number of exten-sively gold-mineralized breccia vein syste…
Aurogin, Morgain to merge
Two Latin American-focused Canadian gold juniors, Aurogin Resources (AUQ-V, AROG-O) and Morgain Minerals (MGM-V, MGIMF-O), are teaming up via a friendly “merger of equals.”
Eldorado gets Chinese gold mining permit (March 19, 2007)
Vancouver — Eldorado Gold (eld-t, ego-x) recently became the first North American gold producer to be granted a Chinese mining certificate, allowing its Tanjianshan mine to advance to “official” prod…
Palmarejo to investigate visible gold at Guadalupe (March 16, 2007)
After more than 30,000 metres of drilling, Palmarejo Silver and Gold (PJO-V) has intersected strong gold and silver…
Silver Coin resource bigger and better
Vancouver – Project partners Pinnacle Mines (PNL-V, PNMLF-O), Mountain Boy Minerals (MTB-V, MBYMF-O) and Tenajon Re…
Aquiline feasibility looks past cyanide ban (March 15, 2007)
A provincial ban on cyanide in Rio Negro, Argentina, means the word bankable couldnt be used for Aquiline Resour…
Campbell out of CCAA, looks for turnaround
Campbell Resources (CCH-T, CBLRF-O) didn’t make much money or have much fun in 2006, but expects that to change thi…
Courtroom battles in the Congo
La Quinta Resources (LAQ-V) made big market gains on Wednesday after a court ruling in the Democratic Republic of C…