Broad market forges ahead, golds left behind
Sparked in part by a rally in Nortel Networks, buyers pushed the S&P/TSE composite index 243.28 points higher over the Jan. 14-20 report period. The bourse ended the period at 6,623.62, or 2.9% greate…
Southwestern Resources Corp
SW Res. cuts more gold at Boka 7
Vancouver — Southwestern Resources (SWG-T) has tabled encouraging assay results from drill holes collared north of the existing tunnels at the Boka 7 zone on the Boka gold project in China’s Yunnan p…
SKN forms JV with Kunming Gold
Vancouver — SKN Resources (SRL-V) received a nod from the Chinese government to form a joint venture with Chinese-based Kunming Gold Exploration Engineering to explore the Tuobuka gold project in Yun…
More issues soar to new heights
TORONTO STOCK EXCHANGEThe recent spat of record-breaking continued through the Oct. 8-14 report period, with some issues achieving the milestone on significant percentage gains.Junior Corriente Resour…
Metal traders run down gold
Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…
Newmont buys into Southwestern
Vancouver — Newmont Mining (NEM-N) will buy 450,000 shares of Southwestern Resources (SWG-T) at $15 per share for total proceeds of $6.75 million. Newmont has agreed, for 12 months, not to sell the s…
Boka drilling pulls up more gold (September 22, 2003)
Continued drilling by Southwestern Resources (SWG-T) at the Boka gold project in Yunnan province, China, has returned gold values at both the Boka 1 and Boka 7 targets.Hole B3-08, drilled between the …
Gold stocks soar with bullion
The precious metals enjoyed across-the-board gains during the Sept. 3-9 report period. Gold jumped US$12.25 to end at US$382.25 per oz. sending the Toronto Stock Exchange’s gold subindex soaring 8.1 p…
SKN eyes more ground near Boka (August 25, 2003)
Vancouver — SKN Resources (SRL-V) has added 24.6 km to its already-impressive land holdings around Southwestern Resources’ (SWG-T) Boka gold project in China’s Yunnan province.Dubbed Tuobuka, the new…
SW Res. outlines gold zone
The first hole drilled at the Boka 1 South prospect in southern China has returned a wide zone of gold mineralization.Southwestern Resources (SWG-T) collared the hole, B03-06, about 800 metres south o…
SWG takes aim at Liam
Vancouver — Southwestern Resources (SWG-T) has launched a 2,000-metre drill program on the Liam silver property in southern Peru.The program is designed to test diatreme breccias associated with high…
Broad market crawls ahead, gold rallies
The Toronto Stock Exchange composite index began the holiday-shortened May 26-June 1 report period on an uptick, then moved sideways. By the period’s end, it had risen 29.2 points to settle at 6,732.1…