Lundin says Touro option a no-go
Lundin Mining (LUN-T) has decided to drop its option to buy 80% of Touro because it says the Spanish copper project won’t provide enough bang for its buck.
Gold
Atacama stacks oxide ounces at Cerro Maricunga
VANCOUVER — Toronto-based explorer Atacama Pacific Gold (ATM-V) has been on a big run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its 100%-owned Cerro Maricunga gold…
Goldquest drops 33% on drill results
Goldquest Mining (GQC-V), which has seen a substantial boost in its share price after discovering the Romero target in late May, slipped 33% on the target’s latest drill results.
Serra Pelada fully funded to production in 2013
Canaccord Genuity analyst Nicholas Campbell has raised his 12-month target price on Colossus Minerals (CSI-T, COLUF-O) by $1 to $10 per share after the junior exploration and development company signed an agreement with Sandstorm Gold (SSL-V,…
Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources(BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec’s Abitibi region,…
Midland showcases partnership model
Junior Midland Exploration (MD-V) has assembled a number of gold, base metal and rare earth element projects in the Abitibi and James Bay area of Quebec, but it is perhaps best known for championing the partnership model.
Victoria rules at Dublin Gulch in Yukon
It has been a three-year slog for Toronto-based Victoria Gold (VIT-V) at its wholly owned Dublin Gulch property 85 km from Mayo, Yukon, but the company is nearing the finish line to put its Eagle gold deposit into production by 2015.
Queenston bulking up at Upper Beaver
Queenston Mining’s (QMI-T) flagship project in Kirkland Lake, Ont., is growing more robust. The company has results from 17 surface holes from its wholly owned Upper Beaver project, and is set to deliver more ounces in an upcoming…
Temex moves up on Whitney resource news
Temex Resources’ shares (TME-V) got a healthy boost after the junior publishing its first resource estimate for the Upper Hallnor portion of its Whitney gold project in Timmins, Ont. Its shares moved up 12% to close Sept. 7 at 24¢ apiece,…
Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
Detour Lake on track for production in early 2013
When Detour Gold’s (DGC-T) gold project in northern Ontario moves into production in the first quarter of next year — and eventually reaches an average production rate of 657,000 oz. gold a year, for a total of 14.1 million oz. over…
Integra cuts high grade at Lamaque
It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V). The company has completed a 30,000-metre diamond drill program at its wholly owned Lamaque gold project located in the Val-d’Or gold camp in…