Bonanza plans drill program
A drill program by Bonanza Silver (BZS-V) will test the Cornucopia Caldera project, northwest of Elko, Nev. As the company’s name implies, the program is aimed at finding “bonanza-grade epithermal sil…
News
Golden Phoenix evaluates gold resource
Having completed a resource estimate of the six main deposits at its Borealis project in western Nevada, Golden Phoenix Minerals (GPXM-O) is one step closer to beginning a feasibility study.The most r…
Gold prices cause dip in Nevada exploration
Falling gold prices have wreaked havoc with exploration budgets for most mining companies active in Nevada.The state produces in excess of 8 million oz. gold annually — more than 70% of America’s pro…
Placer Dome takes its lumps for Getchell merger
After shelling out US$1.1 billion to acquire Getchell Gold, Placer Dome (PDG-T) was on its way to increasing gold production from operations in Nevada. However, falling gold prices during the summer o…
Kalahari active in Silver Bell Morenci Grange finds local interest in Wenatchee
Buoyed by improved prices for base metals, Kalahari Resources (KLA-V) is planning a program of summer drilling designed to test a newly assembled land package in the world-famous Silver Bell Morenci m…
Jesuit mission time capsule for Silver Valley
A Jesuit mission built in 1848 on the banks of the Coeur d’Alene River in northern Idaho is helping scientists understand what the natural levels of lead and zinc were prior to mining.The discovery of…
Miners rally on economic news
Weaker-than-expected U.S. employment news sent the price of gold up, while the Dow Jones industrial average climbed 208.44 points, or 1.9%, to 10,735.57, during the report period ended June 6.Continue…
Miramar, Cambiex hot on Hope Bay’s potential
Having acquired the entire Hope Bay greenstone belt, 685 km northeast of here, in Nunavut, equal partners Miramar Mining (MAE-T) and Cambiex Exploration (CBX-T) are setting their sites on developing t…
Barrick reclaims historic Bullfrog mine
Recently, the Nevada Mining Association (NvMA) led local dignitaries on a tour of the depleted Bullfrog gold mine, near Beatty, about 200 km northwest of Las Vegas, to show how Barrick Gold (ABX-T) is…
Independent evaluation calls Wayside estimates into question
An independent evaluation of a potential bulk-tonnage target in the Cow Mountain area of the Cariboo gold property, near Wells, B.C., not only concludes that the mineral inventory is about half as lar…
Drilling by Great Basin boosts Ivanhoe
With five rigs turning on its wholly owned Ivanhoe project in Nevada, Great Basin Gold (GBG-V) continues to hit bonanza-grade gold mineralization underneath the previous discovered Hollister resource….
Name Changes
Diamond International Industries (DMD-V) has changed its name to Vault Systems (VSY-V) on a 1-new-for-8-old-share basis.