2004

Drilling is ongoing at the Norman 2000 and Norman North copper-nickel deposits in the Sudbury area of Ontario, where FNX Mining (FNX-T) and Dynatec (DY-T) are preparing to begin feasibility work.

Vancouver — Drilling by Imperial Metals (III-T) has returned high-grade mineralization at the Mount Polley copper-gold project in central British Columbia.

The holiday-shortened week of May 19-25 saw considerable market activity, with the 10 most active companies all trading more than 6 million shares. (The markets were closed in Toronto on May 24 because of Victoria Day.)…

Reverse-circulation drilling by Golden Star Resources (GSC-T) at the Mininko property in southern Mali has proved mineralization at depth below known surface gold occurrences.

Vancouver — An agreement with several Chinese agencies gives Minco Mining & Metals (MMM-T) the right to earn up to a 51% interest in the Changkeng gold deposit in Guandong province.

Insider trading transactions reported in May 2004 Ontario Securities Commission Bulletin include the following:…

Toronto-based African Gold Group (AGG-V) has kicked off a 10,000-metre program of diamond drilling as part of a US$2.4-million first round of exploration at its 108-sq.-km Mankranho concession in Ghana.

SouthernEra Resources (SUF-T) has been awarded 41 diamond exploration permits covering 13,000 sq. km in the Democratic Republic of Congo (DRC).

Vancouver — A buoyant market for metallurgical coal is making it easy for Western Canadian coal companies to place new mines into production. The list includes the Willow Creek coal mine, scheduled to begin operations later this summer.

Pacific North West Capital (PFN-T) has intersected significant platinum-palladium mineralization in the Varley zone on its River Valley project, 65 km northeast of Sudbury, Ont.