The Fairbanks gold district of Alaska has caught the attention of U.S.-based Homestake Mining (HM-N).The major has entered into an agreement to acquire a 100% interest in the Whiskey Gulch and Marshal…
Shallow drilling by Ashanti Goldfields (ASL-N) has expanded the Geita gold property in Tanzania.The property contains a known resource of 11.9 million tonnes grading 3.44 grams gold per tonne, equival…
Toronto-based AMT International Mining (AAI-T) has expanded its copper inventory in southern Arizona.Reserves and resources rose to 3 billion lb. copper from 2 billion lb., following drilling at the C…
American copper giant Cyprus Amax Minerals (CYM-N) has optioned the Chimborazo property in Chile to Inmet Mining (IMN-T) and Agate Bay Resources (ABE-V).The option agreement permits Inmet and Agate Ba…
A drill program will be carried out on Prism Resources’ (PRN-V) newly optioned gold property in Nevada’s Battle Mountain trend.The land package consists of 13 unpatented claims, about 22 miles southea…
Quebec-based Espalau Mining (EPU-M) has acquired options on two gold properties in Ecuador, and a third in Chile.In Ecuador, Espalau has the option of earning a half interest in two producing concessi…
Four holes drilled at Mirage Resources’ (MGP-T) Dorado gold project in El Salvador have returned high-grade gold and silver values.Each of the holes intersected the Minita vein at depths below 185 met…
A 20.2-carat, blue-white gem, unearthed from Rex Diamond Mining’s (RXD-T) Bellsbank mine in South Africa, has been sold for US$605,000 (or US$30,000 per carat) to a Taiwanese diamond dealer.The finish…
Political stability, friendly mining laws and virgin territory are the qualities that have attracted Oxford Resources to certain West African countries.The privately owned, Quebec-based junior holds e…
Joint-venture partners Golden Rule Resources (GNU-T) and Hixon Gold Resources (HXG-T) have started a reconaissance exploration program at their newly acquired property in the Asankrangwa gold belt of …
VANCOUVERA bankable feasibility study concludes that the Soledad Mountain project in Mojave, Calif., can be financed at current gold and silver prices.The study, conducted for Golden Queen Mining (GQM…
With the monsoon season over, Leeward Capital (LWC-A) has started field work at two mineral concessions in Myanmar.The junior says the combined land package is prospective for gold, platinum group min…
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