Resource outlined at Golden Ridge
Recent drilling has confirmed a resource containing 1 million oz. gold at Pangea Goldfields’ (TSE) Golden Ridge prospect in Tanzania.Results of the 19-hole, 1,200-metre program have also led the compa…
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Santa Fe aims to cut costs at Mule Canyon
A proposed change in processing methods would result in substantial cost savings for Santa Fe Pacific Gold (NYSE) at its Mule Canyon gold project in northern Nevada.By processing high-grade refractory…
Echo Bay advancing Paredones Amarillos
Drilling and prefeasibility work are continuing on the Paredones Amarillos property in Baja California Sur, Mexico.Since optioning the property from Baja Gold (TSE) two years ago, Echo Bay Mines (TSE)…
Expansion potential at El Dorado
A prefeasibility study of the Salvadorean project known as El Dorado concludes that the surrounding district has the potential for “significant increases” in gold reserves.Operator Mirage Resource (TS…
PEOPLE — TRADE WINDS RES. — Ulrich Kretschmar elected director.
PEOPLE — TEXAS STAR — Brian Irwin appointed director.
PEOPLE — TECK EXPLORATION — William Meyer appointed director.
PEOPLE — SWAY RES. — Robert Miller appointed director, president and chief executive officer; John Carson appointed vice-president of finance.
PEOPLE — PEGASUS GOLD — James Geyer promoted to vice-president, operations.
Bisulphide extraction process patented in Montana
A bio-oxidation and bisulphide leaching process that may compete with cyanidation has been patented in the U.S.Yellowstone Environmental Science of Bozeman, Mont., developed the 2-stage process (T.N.M…