Gold

JV partners Regulus and Pachamama to merge

Already equal partners in the headline-grabbing Rio Grande copper-gold project in Argentina, Regulus Resources (REG-V) and Pachamama Resources (PMA-V) are making the arrangement formal and merging into one company.


A showing of fuchsite and carbonate-altered mafic to ultramafic volcanic rocks, recrystallized cherty iron formation and quartz veins at Benton Resources' Sewell gold project near Timmins, Ontario. Photo by Benton Resources

Gold sniffs for Benton at Sewell-West project

Last December Benton Resources (BTC-V) launched a 1,500-metre drill program at its Sewell-West Timmins grassroots gold project in northern Ontario, 60 km west of Timmins and 40 km west of Lake Shore Gold’s (LSG-T) Timmins gold mine.


Positive PEA for Queenston’s Upper Beaver

A preliminary economic assessment of Queenston Mining’s (QMI-T, QNMNF-O) flagship Upper Beaver project in northern Ontario envisions production of 120,000 ounces of gold and 5.3 million pounds of copper a year at attractive cash costs…



Lake Shore Gold updates resource at Timmins West mine

Greater knowledge from mining and development work over the last year and a half, results from additional infill drilling and a reinterpretation of drill results have culminated in an updated resource estimate for Lake Shore Gold’s…


Kinross reports US$2.78B Q4 loss

Vancouver – Kinross Gold (K-T, KGC-N) has announced a US$2.78-billion net loss, or $2.45 per share, for the fourth quarter of 2011 following the write-down of its assets acquired though the takeover of Red Back Mining in 2010.


GTA shares come back down to earth…somewhat

The market exuberance for GTA Resource and Mining (GTA-V) cooled off a day after the company announced drill results from its first phase of drilling at its Northshore property.



Northshore results boost GTA, Balmoral

Shares of  GTA Resources and Mining (GTA-V) surged $1.29 or 528.6% to end the day at $1.54 on 7.8 million shares traded after releasing drill results from the Northshore property in the Hemlo-Schrieber greenstone belt of Ontario….


Corvus shares surge 50% on Nevada gold

Vancouver — Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a generally sunny outlook for gold juniors helped push the…


MAX hopes to find ‘silver lining’ in Majuba Hill

Vancouver — MAX Resource (MXR-V) continues to search for a copper-silver porphyry system at its Majuba Hill property in Pershing County, Nevada. Assays were released in early February from a second quarter 2011 drill campaign.



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