Pilot Gold lifts off on latest results
A small market cap can be a wonderful thing as evidenced by the market action of two different companies on Tuesday.
Gold
Trade Winds completes winter-spring drill program
Drilling at Trade Winds Ventures’ (TWD-V) Block A project in northeastern Ontario, a 50-50 joint-venture with Detour Gold (DGC-T), has returned strong intercepts.
Ghana’s newest gold producer
After 11 months of construction, the Nzema gold project has moved into commercial production and Adamus Resources (ADU-V, ADU-A) is confident the new open-pit mine in southwestern Ghana will be able to turn out 100,000 ounces of gold in its…
Colossus’ best-ever intercept
Colossus Minerals (CSI-T) has cut a monster intercept from its 75%-owned Serra Pelada polymetallic project in Brazil’s Para state.
Belo Sun adds lustre to Volta Grande (May 09, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Banro, China Gold to team up in the DRC
Just days after saying that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a Chinese major.
Semafo says it’s business as usual in Burkina Faso
Montreal-based Semafo (SMF-T) says operations at its flagship Mana gold mine in Burkina Faso have not suffered any disruptions as a result of recent military unrest across the country. In April, soldiers in several small towns and the capital…
Roxgold hits more high-grade gold at Yaramoko
Starting at a depth of 6 metres, Roxgold (ROG-V) drilled 20 metres of 28.61 grams gold per tonne at the Bagassi Central target of its Yaramoko gold project in Burkina Faso. Further downhole, starting at 38 metres, a separate 11-metre…
Silvore Fox attracts Chinese investor
A Chinese group that invested heavily in Tanzania-focused gold explorer Canaco Resources (CAN-V) just before Canaco discovered the Handeni gold deposit has added to its large interest in Nova Scotia explorer Silvore Fox Minerals (SFX-V).
Premier updates Hardrock
After two years of exploration, measured and indicated resources have jumped by 269% to 2.5 million oz. at Premier Gold Mines’ (PG-T) 70%-owned Hardrock gold project near Geraldton in northwestern Ontario. Inferred resources have grown by…
Peruvian tailings issues hurt Century
Peru’s Ministry of Mines has allowed Century Mining (CMM-V) to resume milling and processing operations at its San Juan gold mine after the ministry completed an evaluation of the mine’s tailings dams. The company has yet to downgrade its gold…