News

The Newfoundland Department of Natural Resources has granted partners Goldnev Resources (VSE) and Starcore Resources (VSE) permission to drill up to two additional holes on the Niatak Island property….

Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….

Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…

Although Canadian companies have been aggressively acquiring projects around the globe, it is rare for a foreign private syndicate to approach a Canadian senior in the hope of striking a joint-venture…

Set in the scenic Iskut River region of northwestern British Columbia, the Eskay Creek mine is so compact as to suggest a development project rather than an actual producer. There is no mill on site, …

Drilling by International Pursuit (TSE) continues to test the Hinoba-an copper project 600 km southeast of Manila, on the Philippine island of Negros.While initial progress has been slow, the principa…

Two prospecting syndicates have optioned properties west and southwest of Voisey Bay, Labrador, to Tandem Resources (ME).The junior can acquire a 90% interest in the properties by completing all neces…

Spokane-based Pegasus Gold (AMEX) has boosted its reserves by 49% since March, 1995. The proven and probable figure climbed by 2.6 million oz. to a total of 7.8 million oz.Contributing to the increase…

Of the 17 properties held jointly by Aranlee Resources (VSE) and NDT Ventures (VSE) in the Voisey Bay area of Labrador, six have been subjected to airborne geophysics while nine have undergone prospec…