Greece approves European Goldfields’ EIS
It has taken five years but Greece has finally approved European Goldfields’ (EGU-T, EGU-L) environmental impact study on its Greek assets.
Silver
Rainy River finds more gold
A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver over 1.5 metres, just 42 metres below surface, sent shares of Rainy River Resources (RR-V) up 29¢ or 2.97% to $10.05 per share yesterday, and the company’s share…
Atac hits gold in first step-out drilling of 2011
Vancouver – Atac Resources (ATC-V) looks to have met high expectations with the first 2011 step-out drill result on its Carlin-style properties in the Yukon.
Bayfield insiders sell as Rainy River area play overheats
Vancouver – A 400-metre by 800-metre claim block on the eastern side of Rainy River Resources (rr-t) flagship gold project in northwestern Ontario is causing a big commotion over at Bayfield Ventures (byv-v).
Mawson West releases Kapulo feasibility study
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
Trevali on the path to production
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
First resource for Levon’s Cordero
After completing close to 70,000 metres of drilling over 160 core holes, Levon Resources (LVN-V) has released an initial bulk tonnage resource on its Cordero silver-gold-zinc-lead project in northern Mexico.
Malbex finds new zone, wraps up drill program
Malbex Resources (MBG-V) wrapped up its 2010/2011 drill program at the Del Carmen gold-silver project in Argentina’s San Juan province, saying it now has enough data to calculate a resource estimate for the Rojo Grande target by year-end.
Bear Creek hit, fights back in Peru
Vancouver – Already hit by a retreat in the silver price, a leftist presidential victory and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on the weekend by the Peruvian government’s decision to revoke the license for…
Silver Quest to raise $12M for Yukon, BC exploration
With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central British Columbia and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon,…
Fortuna Silver updates San Jose
Fortuna Silver Mines (FVI-T) started building its San Jose underground silver-gold mine 47 km south of the city of Oaxaca in southern Mexico in the second quarter of 2010. Now, the company says it can increase the start-up production rate from…
Temex Resources posts resource for Gowganda
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million oz. silver. It also left behind a lot of silver in tailings piles – 2.96 million oz. to be precise.