News

New zone at Sur American’s Comval

Vancouver — Mapping and sampling have enabled Sur American Gold (SUR-V) to outline a copper-gold zone on the flank of the Tagpura porphyry deposit at the Comval project in the Philippines.


Tournigan clarifies Kremnica assessment

Vancouver — The TSX Venture Exchange has asked Tournigan Gold(TVC-T) to clarify certain aspects of a scoping study performed at its Kremnica project in the Slovak Republic.


Gold stocks lose shine as prices plummet

A steep decline in gold prices erased most of the winnings posted by the junior mining sector during the report period ended April 13. The price of silver dropped by more than 7% at the end of the period. The TSX Venture composite index finished 3…


Montanans seek cyanide ban

Opponents of cyanide leach mining in Montana are seeking to change the state’s constitution in an effort to ban the process.


Aussies launch mining fund

Aussie investment house Bell Potter Securities has launched the Global Mining Investments (GMI) fund, which seeks to raise A$150 million immediately, with room for A$50 million in oversubscriptions. GMI is expected to list on the Australian Stock…



Nevsun hits massive sulphides at Bisha

Vancouver — Drilling by Nevsun Resources (NSU-T) at its Bisha project in Eritrea has intersected more than 60 metres of massive sulphides to a vertical depth of 375 metres. Results from the hole are pending, though the sulphide…


A view of the Hualilan gold property in Argentina in the late 1990s.

La Mancha drills Hualilan in Argentina

A first-phase exploration program by La Mancha Resources () is testing known and newly identified targets at the Hualilan gold-silver-zinc project on the Argentine side of the El Indio mining district.


‘Runaway Ron’ indicted by Nevada Grand Jury

Ronald V. Markham, 76, has been indicted by a U.S. Grand Jury for allegedly defrauding numerous investors of more than US$2 million by selling shares in a Nevada company that claimed to have a major precious metals discovery called “Gold Mountain”…



Canadian Stock Exchange Indices (April 19, 2004)



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