Vancouver-based Francisco Gold (FGX-V) will use the proceeds from a $29.5-million “bought-deal” financing to accelerate exploration activities in northern Mexico.The company plans to start a third pha…
International CanAlaska Resources (ICA-V) has picked up new ground in the growing mineral play in southwestern Chihuahua state, Mexico.The Vancouver-based junior can acquire two property packages, the…
Partners Guyanor Ressources (GRL.B-T) and Asarco (AR-N) have begun core drilling at the Dieu-Merci property in northern Guyana.The companies, which have signed a 4-year option deal to earn a full inte…
Drilling at the Camsell Lake diamond project in the Northwest Territories is focusing on an 8-sq.-km target area where diamondiferous kimberlite boulders and anomalous concentrations of pyrope garnets…
Two holes drilled by El Misti Gold (EMG-V) at its Santa Rosa property in southern Peru have intersected a 50-metre-wide zone of high-grade gold mineralization.The zone is associated with epithermal qu…
As a result of a lunch meeting I had in 1951 with a man from New York, I was hired on as a mine foreman at an operation near Keno in the Yukon.Our crew consisted of a number of capable graduates from …
Shareholders of Aurex Resources (AXR-T) have approved a merger transaction with privately owned Cobre Mining of Hanover, N.M.The merged entity will retain the name Cobre Mining and be listed on the To…
With $15 million in its treasury, Essex Resource (ESX-V) is about to start a field program aimed at delineating near-surface oxide gold deposits at the Miquela and Porvenir concessions in eastern Boli…
The drill-indicated resource outlined by Ambrex Mining (AMBX-C) at the Aripuana property in the northwestern portion of Brazil’s Mato Grosso state now stands at 2 million tonnes grading 10.7% zinc, 2%…
Although mining represents but a small portion of Argentina’s economy, more and more mineral development projects are expected to enter production there.The country currently produces 35,000 oz. gold …
As a commercial assayer, I am horrified at the panic created by the confusion over the assay results of Bre-X Minerals. The collapse of the company is an awesome example of what can happen when that l…
Boliden, the mines and metals business sector of Trelleborg of Sweden, has signed an agreement with Silver Eagle Resources (SER-V) to explore the junior’s Minera Serrana project and fund a Mexican exp…
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