Junior explorers still flocking to the Yukon (March 25, 2011)
Vancouver – 2010 was a big year for the Yukon as exploration companies flooded into the Territory in a flurry of staking and deal making and 2011 is looking no different.
Gold
Malbex continues to define promising new zone
All it took was the results from a drill hole and Malbex Resources (MBG-V) shares started running in the right direction. The company’s shares were up 24% or 14¢ to 73¢ in Toronto on March 25, with heavy volume of 3.5 million shares…
Tirex roars to life on Albanian mining deal (March 24, 2011)
Vancouver – Tirex resources (TXX-V) has taken a big step towards production at its polymetallic Merdita project in Albania after signing a memorandum of understanding with a private Turkish firm to finance development in exchange for a stake…
Sandspring makes plans for Guyana gold-copper mine
Vancouver – Sandspring Resources (ssp-v) envisions annual production from its Toroparu project in Guyana of 310,000 oz. gold and 29 million lbs. copper in the first four years of operations, provided it can first raise the $617 million needed…
Auriga rises on Manitoba gold
The drill bit led Auriga Gold (AIA-V) up the market on Thursday, as the company announced it had struck 30.44 grams of gold over 2 metres at its Maverick project in Manitoba. The latest results dovetail nicely with results from earlier in…
Riding the wave of silver prices
Pan American Silver’s (PAA-T, PAAS-Q) seven operating mines in Mexico, Peru, Argentina and Bolivia churned out a total of 24.3 million ounces of silver in 2010, a year-on-year rise of 5%, leaving the company with more than US$360 million in the…
More high grades for Continental
The latest results from Continental Gold’s (CNL-T) Buritica project in Colombia add further support to the notion that the company has significant project on it hands. The latest results came out of 15 diamond drill-holes at the wholly owned…
Argentex Mining posts Pinguino PEA
Until late 2009, Argentex Mining (ATX-V, AGXM-O) focused on drilling the polymetallic sulphide mineralization at its Pinguino project in Argentina. But then the company decided to shift gears and concentrate instead on the property’s…
Capital Gold shareholders love a good fight (March 21, 2011)
Sometimes a fight can be a beautiful thing. And that is just the position that Capital Gold (CGC-A) shareholders are taking as they sit back and watch two rivals up their bids for the prized shares they hold.
Promising drill results at Typhoon’s Fayolle
A 10-metre intercept averaged 7.14 grams gold per tonne at Typhoon Exploration’s (TYP-V) 100%-owned Fayolle gold project in Quebec’s Abitibi region.
High-grade hits for Temex in Timmins
Exploration drilling on the 6 Vein area of the Upper Hallnor mine in Ontario’s Timmins camp has returned wide core lengths of gold mineralization, Temex Resources (TME-V) says, with 9.97 grams gold per tonne over 6.7 metres including 66 grams…
Resolute refocuses on Mali
Even as Resolute Mining (RSG-A, RMGGF-O) – the second-largest gold producer listed on the Australian Stock Exchange – prepares to wind down its Golden Pride mine in Tanzania over the next 24 months after 12 very successful years and more than…