Golden resource at Richfield’s Blackwater (March 02, 2011)
Vancouver – After months of encouraging drill results Richfield Ventures (RVC-V) has established a multi-million oz. gold resource at its Blackwater gold project in central British Columbia.
Gold
High-grade intersects for Temex Resources in Timmins
Exploration drilling on the 6 Vein area of the Upper Hallnor mine has returned wide core lengths of gold mineralization, Temex Resources (TME-V) says, with 9.97 grams gold per tonne over 6.70 metres including 66 grams gold over 0.8 metre (hole…
Manitou jumps on ultra high grade gold intercept
Vancouver – Shares of Manitou Gold (MTU-V) were on a tear after the company released a drill hole with staggering grades from its Kenwest property in northwestern Ontario.
Candente working to both advance and sell Canariaco Norte
Vancouver – Having sharply cut back operations during the downturn, Candente Copper (DNT-T) is coming back to life with a completed prefeasibility study, an updated resource and a new financing.
Euromax reports 2.1 million oz. gold resource in Bulgaria
Earlier this month Euromax Resources (EOX-V) released its first National Instrument 43-101 resource estimate on the Logo gold prospect at its 100%-owned Trun project in Bulgaria.
Pebble PEA makes a big splash (February 28, 2011)
Vancouver – February was a busy month for Northern Dynasty Minerals (NDM-T, NAK-X) and Anglo American (AAL-L) at their gigantic Pebble copper-gold-molybdenum project in southwest Alaska, said by many to be one of the largest undeveloped…
Entre Gold is ‘sitting pretty’
Entrée Gold (etg-t, egi-x) is “strongly undervalued” given the potential that exists for it to sell its Mongolian assets to Ivanhoe Mines (ivn-t, ivn-n) or Rio Tinto (rio-n, rio-l), Christopher Ecclestone of Hallgarten & Co. argues…
Sunridge hits more high-grade copper-gold
Sunridge Gold (sgc-v) has released its second round of drill results in two weeks, with more significant gold-copper-silver hits at its Asmara project in Eritrea.
Dundee moves forward in Bulgaria
After six years, Bulgaria’s government has granted a 30-year concession to Canada’s Dundee Precious Metals (dpm-t), bringing it a step closer to developing its Khan Krum deposit in Krumovgrad into an open-pit gold mine. But the company must…
Goldcorp sells Osisko shares for $530M
Goldcorp (g-t, gg-n) has sold its 10.1% equity interest in Osisko Mining (osk-t) for roughly $530 million.
RBC Capital initiates coverage of Trelawney
Analysts Stephen Walker and Richard Bishop of RBC Capital Markets estimate that when Trelawney Mining and Exploration (trr-v) releases its initial resource estimate in the first or second quarter of this year, the junior gold explorer will have…
Medusa Mining delivers on promise (February 25, 2011)
Record gold production at low cash costs averaging US$186 per oz. contributed to record net profit after tax of US$58.1 million in the six months ended Dec. 31 2010, Medusa Mining (MLL-T, MML-L, MML-A) reports.