Palmarejo expands La Patria prospect
Palmarejo Silver and Gold (PJO-V) has tabled its first resource estimate for the La Patria silver-gold deposit in C…
Silver
Tagish Looks to Grow Skukum Creek Resource
Vancouver — Prospective precious metals miner Tagish Lake Gold (TLG-V) says its 2006 drill campaign at the Skukum Creek gold-silver property, located 80 km southwest of Whitehorse, in the Yukon, will…
European Goldfields ups production in Greece
European Goldfields (EGU-T) is both ramping up production and adding years to the life of its Stratoni silver-zinc-…
Silver Wheaton Takes 14% of Sabina
Vancouver — Aspiring Nunavut silver-zinc producer Sabina Silver (SBB-V, SBBFF-O) has secured a major new shareholder with Silver Wheaton (SLW-T, SLW-X) stepping up to invest $12.9 million in the comp…
Letter to the Editor: Valuation of Multi-Element Metal Deposits
Some consultants are reporting the value of their client’s base metal resources in terms of “silver equivalent.” Accordingly, the descriptions provided, calculation of this “equivalent” begins with re…
News Roundup — Latin America
Skeena cuts higher grades at El Corazon
Bear Creek adds value at Corani
With the Corani polymetallic discovery in Peru hovering just shy of 320 million oz. in an overall contained silver resource, Bear Creek Mining (BCM-V, BCEKF-O) is looking to add value by driving the p…
Metallica in $30M bought deal
Vancouver — Metallica Resources (MR-T, MRB-X) has arranged a $30-million bought-deal financing that will allow it to continue development of its Cerro San Pedro gold-silver project in Mexico, as well…
Teck Cominco sinks US$25M into Nautilus
Vancouver — Nautilus Minerals (NUS-V, NUSMF-O) has secured another major mining company financing, with Teck Cominco (TCK.B-T, TCK-N) putting US$25 million into the seafloor mineral explorer as part …
Strait Gold nestles into Peru’s golden area (December 25, 2006)
If location is everything in exploration as it is in real estate, Strait Gold’s (SRD-V) Culebrilla property in the Andes Mountains, near Ancash, Peru, has the company in good shape.
Int’l Royalty to buy NSR on Barrick’s Pascua-Lama
Vancouver – International Royalty (IRC-T, ROY-X) has inked a deal to purchase a sliding-scale net smelter return ro…
More massive sulphides at Niblack
Vancouver — Stepout drilling by Niblack Mining (NIB-V, NBLKF-O) has delivered further massive sulphide intercepts from the Lookout zone at its Niblack project on Prince of Wales Island in southeaster…