News


Holmer hits more gold in Timmins

Toronto-based Holmer Gold Mines (HGM-A) has identified two new gold zones at its Main Zone deposit in the Timmins camp of Ontario.The holes tested mineralization in both the hangingwall and footwall o…




Summex launches action against Farallon

Vancouver-based Summex Mines (SXM-V) has launched a lawsuit in a Mexican court for control of the Campo Morado and Alina concessions in that country’s Guerrero state.The properties are currently held …


Juniors undistracted by Zaire’s political woes

Serious political unrest is failing to deter a number of North American juniors from exploring for copper and other minerals in Zaire’s Shaba province.In an attempt attempt to lock up development righ…


Mothballed Faro seen as victim of Murphy’s Law

The decison by Anvil Range Mining (ARO-T) to suspend mining at its Faro zinc-lead producer is attributable to a host of problems from which the Yukon operation has suffered in recent months.The closur…


Sparton options Timmins claims

Exploration, including diamond drilling, is planned by Sparton Resources (SPTN-C) for a newly acquired claim group near Timmins, Ont.To acquire a 100% interest in the claims, Sparton must make staged …


Sulliden finances Peruvian exploration

A recent $5-million private placement will provide funds for Exploration Sulliden (SUE-M) to explore its Las Huaquillas project in Peru.The junior says it intends to use 80% of the proceeds to explore…





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