News

Stornoway Diamond (SWY-T), BHP Billiton Diamonds (BHP-N) and Hunter Exploration Group have discovered diamonds in all five of the kimberlites they sampled in 2004. The pipes are on the Aviat property in Nunavu…

Vancouver — The Eritrean government is seeking further meetings with foreign companies exploring for minerals in the East African country. The move comes four months after its surprising and unexplained ban on all exploration within its borders.

Tri Origin Exploration (TOE-V) has outlined gold geochemical anomalies at its Red Lake Extension property, 10 km southeast of the Red Lake mine in northern Ontario.

The Luscar Energy Partnership, which consists of equal partners Sherritt International (S-T) and the Ontario Teachers Pension Plan Board, intends to double the capacity of the Coal Valley mine, 100 km south of Edson, Alta.

Having formally filed its takeover bid with regulators in Canada and the U.S., Glamis Gold (GLG-T) is mailing its offering circular to shareholders of Goldcorp (G-T).

Results from initial, independent sampling at Dianor‘s (DOR-V) new Leadbetter diamond property, near Wawa, Ont., are confirming the presence of diamonds and even suggesting the presence of a very large, near-surface diamond-mine…

Vancouver — An internal resource estimate suggests less tonnage but higher grades for the Kutcho Creek polymetallic project in north-central British Columbia.

Vancouver — Fronteer Development Group (FRG-T) reports higher-than-expected gold grades at the Kirazli project in western Turkey.

First Nickel (FNI-T) has intersected significant nickel at its Dundonald property, 60 km east of Timmins, Ont.

A deal between Hecla Mining (HL-N) and Vancouver junior Triumph Gold (TAU-V) will give Hecla ownership of the Guariche gold property in Bolivar state, Venezuela.

Vantex Resources (VTX-V) has cut visible gold in three of five holes drilled on its 38-sq.-km Guillet property, 5 km east of Belleterre in the Temiscamingue area of Quebec.