Mega Precious Metals working to prove Red Lake theories
Vancouver – Mega Precious Metals (MGP-V) has released another round of gold hits from its North Madsen project as it works to establish an open-pitable resource near Red Lake.
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Carpathian Gold climbs on Romanian drill results
Carpathian Gold (CPN-T) is mounting a strong run on the market thanks to its latest results out of Romania. The assays come out of a 35,000 metre diamond drill program at its wholly owned Rovina Valley Project (RVP) in west-central Romania.
Former Idaho Governor encourages mining
When Democrat Cecil Andrus, the only governor in Idaho’s history to have served four terms, retired from the board of Coeur d’Alene Mines (CDM-T, CDM-N) after more than ten years of service, the mining company gave him a Beretta shot gun…
Fortune Minerals, Posco to link up
To advance its Mount Klappan anthracite coal project in northwest British Columbia, Fortune Minerals (ft-t) is partnering with South Korean steelmaker Posco.
Frontier to team up with Koreans in South Africa
Frontier Rare Earths (FRO-T) saw its share price jump after announcing an agreement with a Korean firm that will speed-up the development of its Zandkopsdrift rare earth project in South Africa. The agreement was made with Korea Resources…
Dacha offers REE investors a second home
With a near three-fold rise in its share price over the past three months, Dacha Strategic Metals (DSM-V) is catching the attention of investors looking for a new way to enter the red-hot market for rare earths.
Intrepid Mines jumps on best drill hole
Shares of Intrepid Mines (IAU-T, IAU-A) in Toronto jumped 3.7% or 6¢ to $1.67 yesterday on a high-grade intercept from in-fill drilling at its Tujuh Bukit project in Indonesia. At presstime Intrepid was trading at $1.73 per share.
Anfield gets hard numbers for Mayaniquel project
Vancouver – Two years after making a bet on Guatemalan saprolite, Anfield Nickel (ANF-V) has some hard numbers clarifying the wisdom of the venture with its first preliminary economic assessment on the Mayaniquel project.
Wallbridge eyes producer’s status
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Trelawney wants Augen Gold’s land
Trelawney Mining and Exploration (TRR-V) wants to consolidate its position on the Swayze gold belt by acquiring one of its largest neighbors: Augen Gold (GLD-V) Trelawney tabled the all-share offer to Augen’s board late on Friday afternoon,…
Short Position Report
TSX Short Positions Short positions outstanding at June 30/11 (with changes from June…
Peregrine Metals’ shares spike on acquisition news
Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.