Fire River rises on drill results
VANCOUVER — Fire River Gold (FAU-V) has found numerous bonanza- grade gold intercepts even before starting a drill campaign at its Nixon Fork gold mine near Mc- Grath, Alaska.
Gold
World Gold Council
The following is the world official gold holdings as of June 20, according to the World Gold Council (WGC). Statistics show European central banks sold little gold over the past quarter of the year be…
Terrane pegs AMEC-Fluor partnership for Mt. Milligan
Mine builders AMEC Americas and Fluor Canada have signed a letter of intent with Terrane Metals (TRX-V) to construct key components for the company’s Mt. Milligan copper-gold project in northwestern B…
Sandspring ups resources at Toroparu
Sandspring Resources (SSP-V) put considerably more tonnage into its indicated resource category, showing that its Toroparu gold-copper deposit in Guyana is shaping into a significant project.The company had been drilling over the past year…
Argentex finds new silver-gold zone at Pinguino
The Tranquillo trend, a northwest regional feature that crosscuts 11 km of Argentex’s (ATX-V, AGXM-O) Pinguino property in Patagonia, Argentina, contains wide intervals of high-grade silver, the compa…
Semafo hits new high on drill results (June 28, 2010)
VANCOUVER — Semafo’s (SMF-T, SEMFF-O) share price has hit its highest level in over a decade following on-time facility upgrades, completion of a major round of financing and new high-grade gold hits…
Aurizon reads between Casa Berardi mines
VANCOUVER — With two underground gold deposits actively being mined at the Casa Berardi project in northwestern Quebec, Aurizon Mines (ARZ-T, ARK-N) recently completed a drill program to better under…
Quadra FNX loses Chinese partner for Sierra Gorda (June 28, 2010)
A Chinese utility company has walked away from a potential 50-50 joint-venture deal with recently-merged Quadra FNX Mining (QUX-T) for its Sierra Gorda copper-gold- molybdenum project and Franke coppe…
Labour problems dog Gammon at El Cubo
One year after a six-week strike shut down Gammon Gold’s (GAM-T, GRS-N) El Cubo gold-silver mine in Mexico, a second wave of labour unrest has now forced management to put the mine on care and mainten…
High-grade hits lift Fronteer
VANCOUVER — A $20-million, five-rig exploration program at the Long Canyon gold project in Nevada has quickly justified itself by returning 16.4 metres grading 21.2 grams gold per tonne in the first …
Claude revisits Amisk
VANCOUVER — Claude Resources (CRJ-T, CGR-X) has hit long intercepts of near-surface gold and silver at its Amisk gold project and high-grade drill results at its operating Seabee gold mine, both in n…
Patagonia Gold advances exploration in Argentina
Patagonia Gold (PGD-L) is all cashed up to develop larger and cheaper gold projects in Argentina’s Santa Cruz province.Earlier this month, the company raised US$18.79 million in a share placement and US$13.45 million in a similar exercise in…