Following an extensive drilling program, California-based Global Diamond Resources (GDRS-O) has increased the resource at its Grasdrift alluvial diamond project in South Africa.The company lifted the …
Just weeks after acquiring two producing mines, Breakwater Resources (BWR-T) is set to gain control of seven more.The company has agreed to buy a controlling share in Minera, a privately owned South A…
Drilling has extended known mineralization at the Kitongo prospect in the Lake Victoria district of northwestern Tanzania, reports operator East Africa Gold (EAG-V).The junior says the strike length o…
The Vancouver Stock Exchange composite index closed at 801.5, losing 14.45 points, or 1.8%, over the report period ended Sept. 23. The mining index finished down 19.87 points, or 2.7%, at 707.12.The c…
Junior producer Trivalence Mining Concession (TMI-V) continues to receive encouraging results from its Aredor diamond alluvial project in Guinea.For July and August, Trivalence recovered a total of 2,…
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A drill program by Echo Bay Mines (ECO-T) will test the Jessup gold property in Nevada’s Churchill Cty.The major recently started its third round of drilling at the property, which is held by Americom…
Drilling by X-Cal Resources(XCL-T) will test the West Wood, Bedrock, Casino and Ready Line targets at the Sleeper gold property in Nevada’s Humboldt Cty.Earlier this year, X-Cal signed an agreement to…
While its 1-million-oz.-plus Golden Pride gold deposit remains its primary focus, Samax Resources (SMX-T) is increasingly encouraged by its separate Geita gold property, about 160 km to the northwest,…
Nevsun Resources (NSU-T) has reported initial trenching results from its 90%-owned Kubi project in Ghana.The trenching was designed to assess the oxide potential of several mineralized zones that exis…
The Busang gold fraud has made life difficult for junior companies exploring in Indonesia. But persistence might pay off for Indomin Resources (IRL-V), a .TToronto-based junior which recently formed a…
Drilling has boosted proven reserves at the Lluvia de Oro gold mine by nearly two-thirds, reports new owner Santa Cruz Gold (SCG-T).A 6,100-metre drill program at the mine, which is situated in Mexico…
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