Sunward puts out major resource for Titiribi project
Vancouver – Sunward Resources (SWD-V) has added considerably to the gold resources at its wholly-owned Titiribi project in northwestern Colombia.
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NovaGold boosts costs for Donlin in Alaska
NovaGold (ng-t, ng-x) has updated the cash it needs to build its joint-venture Donlin gold project in Alaska from US$4.5 billion to US$7 billion.
Pacific North West looks to bolster Ontario’s PGM cred
Talk of platinum and palladium usually leads a mining investors’ mind to such far off places as South Africa and Zimbabwe.
Lundin completes feasibility study on Lombador I
A feasibility study looking at developing the upper portions of the Lombador ore bodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T) reported yesterday….
Fronteer ex O’Dea raising $20M for Blue Gold Mining
Vancouver – Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for a new company, Blue Gold Mining (BGX-V).
Santa Fe makes second bid for Columbus Silver
Vancouver – Almost a year after an all-share takeover was first proposed, Santa Fe Gold (SFEG-O) has struck a new deal for an all-cash takeover of Columbus Silver (CSC-V).
Alderon’s positive PEA for Kami
Alderon Resources (ADV-V) says it has the ingredients in store to launch its Kamistiatusset (Kami) iron ore project in western Labrador by 2015.
Nevada Copper expands mineralization at Pumpkin Hollow
A 20,000-metre step-out and expansion drill program at Nevada Copper’s (NCU-T) Pumpkin Hollow project in Nevada continues to expand mineralization in the North deposit, the company says.
Discovery hole lifts Magellan
Magellan Minerals (MNM-V) discovered a new gold zone at its Cuiu Cuiu property in Brazil and the market took note. The new gold mineralization was found north of the Central zone and Magellan is calling the new zone “Central North”. The hole…
Riverside and partners busy drilling four properties at once
Riverside Resources (RRI-V) is hoping its “shared-risk business model” will soon return dividends to shareholders in the form of a significant mineral discovery. The company currently has four drill programs running at the same time in two…
Inca Pacific takes $35-million buyout to end ownership dispute
Vancouver – A protracted ownership battle looks to be closing with Inca Pacific Resources (IPR-V) agreeing to a roughly $35-million buyout by Peruvian-listed Minera Milpo.
A new zone at Seabee doesn’t disappoint Claude
Just three months after discovering the L62 zone at its Seabee gold mine in northern Saskatchewan, Claude Resources (CRJ-T, CGR-X) has outlined a strike length for the zone of 75 metres, a dip length of 300 metres and has decided to add another…