Farallon Finds G-9’s Precious Pockets
Farallon Resources (FAN-T, FRLLF-O) has extended the southeastern zone of its G-9 polymetallic deposit, in Guerrero state, Mexico, after drilling 14 new holes at its Campo Morado project.
Gold
Capital Gold Carves Out Wide Profit Margin
New York City-based Capital Gold (CGC-T, CGLD-O) has given itself lots of breathing room to take advantage of rising gold prices by keeping both operating and capital costs low, a rare feat in today’s…
Expanded Resource Improves Palmarejo Economics
Development economics for the Palmarejo silver-gold project in southwestern Chihuahua state, Mexico, point to combined open-pit and underground operations producing about 10 million oz. silver annuall…
New Gammon CEO exits for ‘personal reasons’
Gammon Gold (GAM-T, GRS-X) hosted a conference call in late September to reassure investors that the departure of chief executive Russell Barwick was not a bad sign for the company.
Orion starting out strong for Nayarit (October 08, 2007)
Vancouver — Initial results from Nayarit Gold’s (NYG-V, NYRTF-O) Orion project in Nayarit state, Mexico, are showing good gold and silver grades from a historically productive area.
Investment Dollars Flow Into Mexico
Monterrey, Mexico — Mexico’s long-neglected mineral reserves are set to get a historic boost over the next few years with record levels of mining investment, making Mexico the world’s number two dest…
Jet and Leeward to exit Myanmar
Just as the UN is finally being allowed into Myanmar, two Canadian exploration companies are getting out.
Explorator Keen to Drill Chilean Property
Explorator Resources (EXO-V, EXRAF-O) is about to begin exploration on the newly acquired Venus block on its 11-sq.-km El Espino-Venus project in Chile, where nine small copper-gold mines are in opera…
Castle Gold Ramps Up El Castillo
After six weeks of preproduction, Castle Gold (CSG-V, CSGLF-O) has made the most of the soaring gold price by selling the first 450 oz. produced at its El Castillo mine, in Durango, Mexico, at an aver…
Oromin Keeps Hitting Gold in Senegal
Vancouver — Making the most out of its exploration contract extension, Oromin Explorations (OLE-V, OLEPF-O) is pulling strong gold grades in step-out and deep infill drillling at its Sabodala project…
Soho Plans for Resource at Tahuehueto
Drilling between two mineralized zones at Soho Resources’ (SOH-V) Tahuehueto polymetallic project in Durango, Mexico, has resulted in the discovery of a third zone.
Semafo Shaking Up Kiniero
Unsatisfactory production from the Kiniero gold mine in eastern Guinea has led Semafo (SMF-T, SEMFF-O) to put a new mining plan in place.