True North results prove encouraging
Newmont Gold (NGC-N) and its 35% partner, La Teko Resources (LAORF-Q), have completed summer drilling at the True North gold deposit in the Fairbanks district of Alaska.The more than 80 holes drilled …
News
Interim Falconbridge chief to hold steady course
Alex Balogh, a former chief executive officer of Falconbridge (FL-T), has been named the interim replacement following the death, last week, of president and chief executive officer Franklin Pickard.T…
Fairstar Explorations takes over the Fenelon gold property in Quebec
The Fenelon gold property in the Casa Berardi area of northwestern Quebec is now in the hands of Fairstar Explorations (FFR-M).The company increased its interest to 54% from 45%, making it the majorit…
Pacific Wildcat intensifies drilling in Indonesia
At the Sulut gold prospect in Sulawesi, Indonesia, Pacific Wildcat Resources (PAW-V) has received promising results from the first stage of drilling.Hole 126 returned 40 metres grading an average of 7…
Cathedral doubles Honduran position
Toronto-listed Cathedral Gold (CAT-T) has extended its land position at the Lady property in Honduras.In expanding the property to 110 from 56 sq. km, Cathedral has also extended its area of gold-silv…
Conference to focus on native-corporate relationships
Canada Forum and the Canadian Aboriginal Minerals Association will co-host the fourth annual conference on the relationship between mining companies and aboriginal communities.Entitled “Tapping Tradit…
Wolverine results incorrectly stated
Drill results from the Wolverine project in southeastern Yukon were incorrectly identified in our issue of Sept. 30.The Wolverine project is a joint venture held 60% by Westmin Resources (WMI-T) and 4…
CaribGold drill program expands gold zones
Another round of drilling has been completed at CaribGold’s (CG-T) Cameguey gold concession in Cuba.The program tested the Santa Elena prospect area, with the first nine holes having been completed on…
Diadem tests Sarah Lake play
Junior Diadem Resources (DIR-M) has begun drilling on its 5,200-ha Sarah Lake polymetallic property in Quebec.The diamond drilling program is following up previous surface sample results, which includ…
Kalimantan Gold listed on VSE
Willowdale, Ont.-based Kalimantan Gold has joined the ranks of the Vancouver Stock Exchange.The new company, which is classified as a venture company by the VSE, began trading under the symbol KLG. Th…
Repadre Capital buys Russian smelter royalties
Repadre Capital (RPD-T) will buy a portion of Far East Gold’s (FEGI-C) net smelter return royalties from future production generated at the Ametistovoe deposit.Repadre can buy a sliding-scale royalty …
Palmer hits gold in West Java
Encouraging results were reported by Palmer Resources (PMD-V) from a program testing the Cikoneng prospect in the western portion of the Cubaliung project in West Java, Indonesia.Hole 001 returned an …