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News May 31, 2004

Magistral moves toward feasibility

Vancouver — Drilling is progressing at Inca Pacific‘s (IP-V) Magistral copper-molybdenum project in west-central Peru, following an encouraging technical report.

News May 31, 2004

Canadian Stock Exchange Indices (May 31, 2004)

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News May 31, 2004

Higher costs at Kisladag

Costs at Eldorado Gold‘s (ELD-T) Kisladag project in western Turkey are being hampered by the effects of value-added tax (VAT).

News May 31, 2004

New Britannia drags down High River Gold

High River Gold (HRG-T) incurred a $17 million loss for 2003, most ($14 million) of which is attributed to a writedown on the company’s share of the New Britannia mine in Manitoba. The mine is slated for closure later this year.

News May 31, 2004

Drills turn at Sleeper mine property

Vancouver — Three drills are testing the Sleeper project, a past-producing gold property in Nevada’s Humboldt Cty. The land package is held by New Sleeper Gold, a company owned equally by X-Cal Resources (XCL-T) and Ki…

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