News

Muskox stung by Yellowjacket results

Vancouver — Disappointing results from a second phase of drilling on the Yellowjacket project near Atlin, B.C., are nonetheless shedding light on the nature of the gold mineralization.



PEOPLE (June 14, 2004)

Americana Gold and Diamond Holdings — Daniele Forigo appointed president; David Bending resigned as president.



Sultan updates Kena

Vancouver — Sultan Minerals (SUL-V) has released an independent resource estimate for the Gold Mountain and Kena Gold zones on Kena project in southeastern British Columbia.


UEX boosts funds for uranium hunt

Vancouver — UEX (UEX-T) has raised $4.25 million in flow-through financing, which, in addition to $5 million raised in April, puts the company’s bank account at more than $11 million. The funds will be used to explore and develop the Athabasca Ba…




Canadian Stock Exchange Indices (June 14, 2004)


South Atlantic acquires Swedish mine

Vancouver — South Atlantic Ventures (SAA-V) has completed its US$101-million purchase of the Zinkgruvan lead-zinc-silver mine in Sweden from Rio Tinto (rtp-n).


Kaieteur results disappoint

Vancouver — Initial assays from Kaieteur Resource‘s (KTR-V) Altan Uul (Gold Mountain) project, in the south Gobi region of Mongolia, failed to show pervasive gold mineralization.


Baia Sprie cuts significant gold

Ore-Leave Capital (OLV-V) has extended the strike length of gold mineralization along the Rothmundy vein system at its Baia Sprie project in northern Romania.


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