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.
Gold
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Vancouver — Unable to stomach bcMetals’ (C-V, BMTLF-O) poison pill, Imperial Metals (III-T, IPMLF-O) has withdrawn its unsolicited 95-per-share bid for the junior.
Great Quest Drills Out Djambaye
A resource estimate prepared for Great Quest Metals (GQ-V, GQMLF-O) on its Djambaye 2 gold prospect in the Kenieba gold belt of western Mali shows a preliminary resource of just over 130,000 oz.
San Gold Drifts Into High-Grade Vein
Vancouver — Upstart miner San Gold (SGR-V, SGRCF-O) got a pleasant surprise after tying into a high-grade section of the 98 vein at its Rice Lake mine near Bissett, in southeastern Manitoba.
La Mancha’s Partnership With Areva Pays Off
In the span of less than a year, La Mancha Resources (LMA-T, LACHF-O) has gone from just another junior exploration company trading on the TSX Venture Exchange, to a TSX-listed gold producer with the …
Gold Hawk to restart Coricancha mine
Vancouver – Recent Peruvian Government resolutions lifting a 2002 “stop work order” on the concentrator has Gold Ha…