Atna sets sights on Fox
Atna Resources (ATN-T) recently announced an agreement with Cominco (CLT-T) to option a 49% interest in Cominco’s Fox property, situated in southeastern Yukon.Fox is contiguous with the Wolf property,…
News
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Trivalence suffers quarterly loss
Despite having generated revenue of $3.4 million from its 85%-owned Aredor concession in Guinea, West Africa, Trivalence Mining (TMI-V) reported a loss of $232,138 (or 2 cents per share) for the quart…
DIAMOND PAGE — Lytton identifies targets in NWT
On their jointly held Jericho property in the Northwest Territories, Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have identified more than 100 targets they believe may be related to kimbe…
Nebex pulls good values from Munelle deposit
Calgary-based Nebex Resources (NBX-T) continues to receive encouraging assays from drilling carried out on its Munelle polymetallic property in north-central Albania.Highlights from the first five hol…
NEVADA AND THE WESTERN STATES — Golden Queen looks to improve Soledad Mountain
Golden Queen Mining (GQM-T) has initiated a program of underground sampling at the Soledad Mountain gold project, situated an hour’s drive north of Los Angeles, Calif., in hopes of improving the econo…
First Dynasty tallies Armenian reserves
Reserves estimates have been attributed to two past-producing gold mines in Armenia, moving project operator First Dynasty Mines (FDM-T) several steps closer to renewing production.At the Zod mine, pr…
Low commodity prices an obstacle for Rayrock
Rayrock Yellowknife Resources (RAY-T) reports both good news and bad news for the quarter ended March 31.The bad news is that the Toronto-based company incurred a loss from continuing operations of US…
NEVADA AND THE WESTERN STATES — Homestake’s Ruby Hill cranking out low-cost gold
The Ruby Hill gold mine, at the southern end of Nevada’s Battle Mountain trend, is up and running, and contributing to Homestake Mining’s (HM-N) bottom line.The operation began pumping out low-cost ou…
Mar-West reports Honduran gold find
Hot on the heels of the company’s discovery of a gold deposit at the Cerro Blanco property in Guatemala, Mar-West Resources (MSR-V) has discovered a gold zone on the San Martin property in central Hon…
Teck eyes open-pit potential of San Nicolas
It was standing room only at Teck’s (TEK-T) recent annual meeting in Vancouver, with shareholders gathered for the announcement of preliminary minable reserve numbers for the San Nicolas polymetallic …
Mining Standards Task Force calls for licensure, tighter rules
The Mining Standards Task Force of the Toronto Stock Exchange (TSE) and the Ontario Securities Commission (OSC) has proposed the strictest disclosure rules for mining companies of any jurisdiction in …
Argentina Gold drills new gold target at Valedero
Argentina Gold (ARP-V) has drilled a promising gold-silver intersection within a new target area at its Valedero property in Argentina’s San Juan province.Hole 76 was collared on the southeastern flan…