Voisey’s Bay juniors expand mineralization
Drilling deeper at its Project 44 joint-venture project with Takla Star Resources (TKR-A), near Nain, Labrador, NDT Ventures (NDE-V) has hit more low-grade intervals of nickel, copper and cobalt.Groun…
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Cartaway forms JV in Labrador
Cartaway Resources (CWA-A), the junior Labrador nickel seeker that saw its stock skyrocket earlier this year only to crash back to earth in a matter of days, has sold off a large chunk of its properti…
Saoura yields gold for Iamgold, Ashanti
The first phase of drilling on the Saoura concession in Niger has identified a promising gold prospect, reports Iamgold (IMG-T).Of the 33 reverse-circulation holes drilled on the Libiri prospect, 18 r…
NEWS IN BRIEF — Cornucopia Res. receives funds
The New York branch of Dresdner Bank AG will provide Cornucopia Resources (CNP-T) with US$22.5 million in financing for the Mineral Ridge gold deposit in Esmeralda Cty., Nev.The loan will be combined …
Piedmont files for bankruptcy
North Carolina-based Piedmont Mining (PIED-O) has filed for protection in U.S. Bankruptcy Court so that it might gain a chance of being heard in its action against Amax Gold (AU-N).In March of this ye…
Orvana continues drilling at Pederson
A 10,000-metre program of reverse-circulation drilling on the Pederson gold project in Bolivia is nearing completion, reports Orvana Minerals (ORV-T).Although assays have been received for only eight …
Southwestern to drill in Peru
Diamond drilling is about to begin on the San Jose polymetallic property in Peru.The property, held by Southwestern Gold (SWG-T), is 25 km southeast of the Cerro Verde mine in that country’s primary p…
Atna proves up ground in Yukon
Drill results show that Atna Resources (ATN-T) has succeeded in tracing lead-zinc-silver mineralization on one of its properties in the Yukon.Previous surveys on the Argus property, near Finlayson Lak…
NEWS IN BRIEF — Britannia options Mexican ground
The Mexican subsidiary of Britannia Gold (BGP-V) will option two concessions covering 1,050 acres in Mexico’s Oaxaca state.The acquisition is subject to a 3% net smelter return royalty and requires th…
NEWS IN BRIEF — Newhawk acquires Table Mountain
Kennecott Exploration will option its 20-claim Table Mountain project in Nevada to Newhawk Gold Mines (NHG-T).Table Mountain lies 30 miles south of Winnemucca, between Newhawk’s Pronto Plata property …
NEWS IN BRIEF — Normabec in Chile
With mapping and geophysical surveying under way at its Laguna del Alto gold-copper property in Chile, Normabec Mining Resources (NMB-M) is beginning to prepare for drilling.To fund the work, Normabec…
New gold zone found at Meadowbank property
Partners Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) have identified a new gold zone on their Meadowbank project, north of Baker Lake, N.W.T.Drilling 600 metres north of, and across the…