Gammon Gold sees class action claim
Gammon Gold (GAM-T, GRS-X) is denying allegations of stock-option manipulation in response to an $80-million class action lawsuit that may be the first of its kind in Canada.
Gold
Overcoming the bandidos
SITE VISIT SANTA ANA, MEXICO — They came from behind the mountains, from a swath of uninhabited high-plain desert marked only by rough outcrop-pings and dark patches of palo verde….
Geologix cuts strong grades at San Agustin
VANCOUVER — The polymetallic San Agustin deposit in Durango, Mexico, continues to demonstrate its growth potential for Geologix Explorations (GIX-V, GXEXF-O) in advance of a resource estimate due out…
NovaGold lines up US$95M note offering
VANCOUVER — After recently pulling the plug on a planned $130- million private placement due to “pricing conditions,” NovaGold Resources (NG-T, NG-X) has now lined up a US$95-million convertible note…
China’s Tibet policies back on the front burner
The holiday-shortened week ended March 22, the twelfth trading week of 2008, was a time for most market participants to catch their collective breath after the tumultuous gyrations in the world’s stoc…
New Velardena vein for ECU (March 31, 2008)
VANCOUVER — A new vein discovery at the Velardena property in Durango state, Mexico, gave ECU Silver Mining (ECU-T, ECUXF-O) a market boost recently.
Luna hits Aurizona gold
Assay results from Luna Gold’s (LGC-V, LGCU-O)Tatajuba satellite deposit, in the Aurizona gold camp of northeastern Brazil, suggest the region’s potential has been underestimated in the past, the comp…
C2C buys Ecuadorian gold mine
C2C Gold (CCN-V, CCNOF-O) has bought a 50% interest in the Paraiso- Pambil mine on the Bella Rica property in Ecuador, which has produced about 25,000 oz. gold per year over the last 23 years.
Aurelian drills more lengthy intersections from FDN
Infill drilling at Aurelian Resources’ (ARU-T, AUREF-O) massive Fruta Del Norte gold-silver deposit in Ecuador has resulted in some eye-catching intersections.
ValGold’s Los Patos has room to grow
Although the initial resource estimate for ValGold Resources’ (VAL-V, VALGF-O) Los Patos gold deposit in Venezuela is on the small side, the company points out that it is open along strike and at dept…
Gold potential grows at Oromin’s Sabodala
VANCOUVER — A rapid-fire drill campaign at Oromin Explorations’ (OLE-V, OLEPF-O) Sabodala project in Senegal continues to produce well-mineralized gold intercepts in advance of a resource estimate du…
Aquiline up on Navidad results (March 31, 2008)
VANCOUVER — Aquiline Resources (AQI-T, AQLNF-O) continues to expand its Navidad silver deposit in Chubut province, Argentina.