Drill turns at Elk
Vancouver — Aiming to expand the known resource of the Siwash North and WD vein systems, junior Almaden Minerals (…
News
Queenston begins drilling at Kirkland Lake
On the heels of last week’s $5-million financing, Queenston Mining (QMI-T) has closed the buying-out of Newmont Min…
NovaGold cuts high-grade gold at Donlin (July 22, 2002)
Stepout drilling by NovaGold Resources (NRI-T) has cut high-grade gold near the Donlin Creek deposit in southwestern Alaska.The holes were collared halfway between the Acma deposit and the Akivik zone…
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Placer extends AurionGold offer (July 22, 2002)
For a second time, but now with a whiff of desperation, Placer Dome (PDG-T) has extended the closing date for its hostile, all-share offer for Australian-listed AurionGold. The new deadline is Aug. 7….
Base metals demand poised to improve
While the main global themes of collapsing equity markets and dollar weakness continue to dominate the headlines, it is perhaps not surprising that some positive developments in base metals raw materi…
High River eyes more Russian gold
High River Gold Mines (HRG-T) has inked a deal to acquire the Berezitovoye project in the Amur region of southern Siberia, from a Russian company, Khaikta Ltd.Under the deal, High River will issue Kha…
Tagish Lake drills Skukum
Tagish Lake Gold (TLG-V) has dewatered the underground workings at the Skukum Creek property, 80 km south of Whitehorse, Y.T., in preparation for drilling.A structurally controlled, polymetallic gold-…
Pacific Minerals drill-tests 217 Gold project
Pacific Minerals (PMZ-V) will oversee a 5,000-metre program of diamond drilling on the 217 Gold project in Inner Mongolia.Crews will test the main Northeast Gold zone, which is 1,600 metres long and u…
News – 22-JUL-02
Poor values and volatile prices Risk without wealth
Exit, pursued by a bear.ShakespeareA Winter’s Tale, III-3/57At the time of writing, the North American stock markets are plumbing new depths in the sustained selloff of stocks that began in March of 2…
‘Super’ flow-through shares update
COMMENTARY/PDACThe tax credits produced by “super” flow-through shares appear to have had a positive impact on the mineral exploration industry but still fall short of the expectations of the Prospect…