Magino holds promise for Prodigy Gold
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project near Wawa, Ont., sent the junior’s shares up 10% to close at 64¢ on Aug. 30.
Gold
Positive results for Lake Shore’s Thorne
Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 on Aug. 15, 2011, since releasing dismal second-quarter…
Cash-strapped Maya agrees to spend $20.5M on old Moroccan silver mine
Maya Gold & Silver (MYA-V) is buying another past-producing precious-metals mine in the Kingdom of Morocco, this time the Zgounder silver project in central Morocco’s Anti-Atlas mountains.
Nunavut gold find leaves Prosperity investors wanting more
Prosperity Goldfields (PPG-V) has drilled 157.6 metres of 1.7 grams gold per tonne at its main Kiyuk gold project in southern Nunavut, including a higher-grade section of 30.5 metres grading 4.9 grams gold. The results are from the company’s…
Cuoro Resources finds major new copper-gold intersection
Drilling at Santa Elena in Colombia about 140 km northeast of Medellin has returned near surface and high-grade VMS mineralization in the first six diamond drill holes, CuOro Resources (CUA-V) announced this week. Assays are pending for the…
TerraX up 26% on assay-less Newfoundland drilling update
TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in the Burin Peninsula of Newfoundland. Shares of the company climbed 8¢ or 26% on the news, closing at…
Investors applaud first resource for Bellhaven’s La Mina
Vancouver – Shares of Bellhaven Copper & Gold (bhv-v) jumped 14¢ or 28% on Sept. 13 to close at 64¢ on 1.2 million shares traded after the company released a maiden resource estimate for its La Mina gold-copper-porphyry project in…
Paramount wakes up Sleeper mine with new resource
Vancouver – Working to revive the past-producing Sleeper gold mine in Nevada, Paramount Gold and Silver (PZG-T, PZG-X) has released a first estimate as to how much gold could be left in the ground.
Lupaka’s 1.2M oz. gold deposit attracts former Canuck as investor
Vancouver – June 2011 was certainly not the best of times to launch a new Peru-focused gold explorer. But the plan to take Lupaka Gold (lpk-t) public – hatched by long-time mining executive Gordon Ellis with the help of Vancouver Canucks hockey…
Agnico’s two pearls in Nunavut
It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (AEM-T, AEM-N), but one that holds much promise.
Midas explores consolidated Idaho gold property
Recently launched Midas Gold (MAX-T) is working through a 20,000-metre drill program to prove up the potential of its consolidated gold property in Idaho’s Stibnite-Yellow Pine district.
Mendoza gov’t rejects permit for Coro’s San Jorge
The provincial government of Mendoza has failed to ratify an environmental impact declaration (EID) for Coro Mining’s (COP-T) San Jorge copper-gold porphyry project in western Argentina, voting against allowing the company to build an open-pit…