News


AFRICA — Shiega begins trenching

A trenching program by Shiega Resources (SHG-V) is testing the gold potential of the Baroya concession in Mali.The Vancouver-based junior holds a 60% interest in the project, whereas Robex Resources (…


Drills turn at Burntbrush

Diamond drilling is under way at the Burntbrush gold property, 150 km northeast of Timmins, Ont.Tri Origin Exploration (TOE-T) optioned the 5,000-ha property from French-owned Cogema Resources in earl…


Apex locks up silver property in Honduras

Apex Silver Mines (SIL-X) will acquire a half interest in the Labor silver property in southwestern Honduras. The vendor, Intrepid Minerals (IAU-A), will retain the other half.The acquisition increase…


Metallica expands Brazilian resource

Metallica Resources (MR-T) has increased the gold resource at its Mara Rosa property in Brazil.A new calculation by a Chilean consultant puts the in situ gold resource in the Posse Mine zone at 12.7 m…


Cambior buys Barrick’s share of Doyon mine

Cambior (CBJ-T) has announced plans to buy out Barrick Gold’s (ABX-T) interest in the Doyon mine in Bousquet Twp., Quebec, and combine the operation with its wholly owned Mouska mine.The Montreal-base…


AFRICA — Nevsun expands reserves in Africa

Nevsun Resources (NSU-T) continues to increase reserves in Mali and Ghana, where it has established an overall primary resource of 2.5 million oz. gold.Nevsun first ventured into West Africa in 1993, …


AFRICA — Rupert tests South African pipe

A deep-seated multi-phase kimberlite pipe at the former-producing Crown diamond mine in South Africa is the target of a 7-hole, 5,000-metre program of delineation drilling by Rupert Resources (RUP-V)….


AFRICA — McVicar explores in Sudan

Toronto-based McVicar Minerals (MVR-A) intends to buy the Shulai gold property in Sudan.The company plans to issue 400,000 shares to the property owner, Dongling Holdings Hong Kong, which, in turn, ha…


AFRICA — Banro continues work at Twangiza in DRC

Banro Resource (BNRS-C) has recovered two more long, low-grade gold intersections from an exploration program at its Twangiza gold deposit in Kivu province of the Democratic Republic of Congo.Hole 4, …




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