2004




Roberto improves with drilling

Virginia Gold Mines (VIA-T) has cut significant gold at its lonore property, 320 km north of Matagami, in the Opi…


Metanor buys Bachelor Lake mine

For $2.3 million in cash, Montreal-based junior Metanor Resources (MTO-V) has bought a 100% interest in the formerly producing Bachelor Lake gold mine in Quebec from miner Campbell Resources (CCH-T).


Goldcorp explores Ardeen

Goldcorp (g-t) has begun data compilation and surface sampling at Pele Mountain Resources‘ (gem-v) wholly owned Ardeen high-grade gold project, 110 km west of Thunder Bay, Ont.


Higher gold price sparks trading

The report period Sept. 22-28 saw the price of gold rise another US$3.20 to close at US$411.70 per oz. in the afternoon in London. In New York, oil prices rose above US$50 a barrel for the first time. The energy index was up 2% at 188.17 points. T…


Juniors rebound on back of stronger gold price

On the heels of last week’s positive trading period, TSX Venture Exchange-listed companies continued to gain ground as the gold price climbed higher, owing to a weaker U.S. dollar. The S&P-TSX Venture Exchange index continued its climb from Sept.


Strateco, GeoNova hit significant gold

Strateco (RSC-V) and partner GeoNova Explorations have intersected significant gold on their jointly held Discovery project, 45 km northwest of Lebel-sur-Quvillon, Que.


Guinor drills new zone

Drilling by Guinor Gold (GNR-T) at the Lero mine in eastern Guinea has encountered new zones of gold mineralization both below two existing pits and along strike from known resources.


Kupol results propel Bema higher (October 04, 2004)

Strenghtening gold prices, coupled with the release of excellent drill results from the Kupol project in Russia’s Far East, propelled shares in Bema Gold (BGO-T) more than 15% higher on Sept. 23 to $2.84.


Metallic halts mining

Owing to lower-than-expected gold and silver production, Reno-based Metallic Ventures Gold (MVG-T) has suspended mining at its Esmeralda project in northwestern Nevada.


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