News

Barexor acquires Cresc. Valley lease

Montreal-listed Barexor Minerals has acquired a lease comprising 153 claims in Nevada’s Crescent Valley.The property, which consists of more than 3,500 acres, is close to three major gold deposits, in…


Atlas options ground in Arizona, Nevada

Atlas (NYSE) recently optioned two gold properties, one in Arizona and the other in Nevada.For a 1-year option on the Commonwealth project in Arizona, Atlas must pay Harvest Gold US$125,000 initially,…



NDT, Takla put their money on Nos. 61 and 44

Drilling is under way on Project 61, about 7 km southwest of the Voisey Bay discovery in Labrador.Two separate drill targets have been identified on the project, a joint venture between NDT Ventures (…



Patrician options Tanzanian ground

Under a joint-venture agreement, JCI of South Africa will carry out a 2-year exploration program on the Forest Reef property of Patrician Gold Mines (ASE).Situated near Lake Victoria in northwestern T…




Soquem and Billiton make exploration deal

A $7-million joint exploration agreement has been reached between private mining firm Billiton Metals Canada and the Quebec Crown corporation Soquem.The agreement, with an initial term of four years, …



Expl. Brex raises exploration funds

Junior Exploration Brex (ME) has raised more than $2.5 million in a private placement of 7 million special warrants priced at 36 cents each.Most of the funds will be used to explore a property in Neva…


Kennecott unveils new smelter

As a demonstration of its commitment to environmental protection, Kennecott recently unveiled what it describes as the most advanced copper smelter in the world.The new US$880-million facility will se…


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