News

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.



A view of De Beers' Snap Lake diamond project, 220 km northeast of Yellowknife.

Snap Lake receives final permit

It has been almost 40 years since De Beers identified Canada as a prospective target for diamond exploration, and after discovering 216 kimberlite bodies (most of them diamondiferous), the company is preparing to build its first…



Flat gold casts pall over juniors

The TSX Venture Exchange took a hit during the report period June 2-8, losing nearly 33 points to close at 1571.25. The price of gold has been unsure which way to go and ended the period at US$391 per oz. in New York, down from US$394 per oz. in t…



Lumina’s Regalito yields more copper

Vancouver — Diamond drilling by Lumina Copper (LUM-V) has intersected wide intervals of copper mineralization on the Regalito project in central Chile.


Peace draws explorers back to West Africa

Diamond explorers are returning to Sierra Leone and neighbouring West African countries amid signs that political stability is taking hold in the region after years of civil war.


Penny West returns high grades

Goldcrest Resources (GCL-V) has hit high-grade gold on its Youanmi project, 480 km north northeast of Perth in Western Australia.


Snap Lake discoverers set sights on Scandinavia

After enjoying success in the Northwest Territories, some members of the original Snap Lake discovery team formed Nordic Diamonds (NDL-V) and began exploring Scandinavia in search of diamonds.


Upbeat market sinks golds

U.S. equity markets enjoyed strong gains during the report period June 2-8, with the golds generally lower and base metal stocks generally higher.


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