Radisson drills Breakwater property
Junior Radisson Mining Resources (ME) has completed a 10-hole drill program on the O’Brien gold property in Cadillac Twp., Que. Drilling was concentrated on several veins within the 36E zone. Of 19 in…
News
New discovery at Voisey Bay
“Bigger and better than Raglan.” That sums up the view of First Marathon Securities regarding Diamond Fields Resources’ (TSE) Voisey Bay nickel-copper-cobalt project in Labrador. “There is little doub…
Anvil wastes no time at Faro
In its first-quarter report, Anvil Range Mining (TSE) states that waste removal work at the Grum deposit on the Faro zinc-lead property in the Yukon is continuing ahead of schedule and below the proje…
LATIN AMERICA SPECIAL — Swannell Minerals conducts
A preliminary US$200,000 exploration program is nearing completion on the Rio Tinto copper oxide property in the Mexican state of Chihuahua. Operator Swannell Minerals (VSE) can earn a half interest i…
LATIN AMERICA SPECIAL — Energold in deal to purchase El Higo
Vancouver-based junior Energold Mining (VSE) has entered into an agreement that sets the stage for it to acquire El Higo, a concession in the Dominican Republic. The concession hosts the Centenario go…
LATIN AMERICA SPECIAL — Finnish mining company uncovers new
Finnish mining company Outokumpu reports the uncovering of a new copper deposit in Chile near the town of Vallenar. The Relincho project is estimated to contain 130 million tonnes grading 0.8% copper,…
Great Lakes plans to develop Mexican gold deposit
Tucked away in the quiet backwaters of northern Sonora state, a gold mine is taking shape for Great Lakes Minerals (TSE). Following the completion of a positive feasibility study by Scotia Corp., a Sa…
LATIN AMERICA SPECIAL — Lyon Lake acquires second gold
Montreal-listed Lyon Lake Minerals has concluded an agreement that will see the company more than double the size of its Costa Rican land holdings. Furthermore, the newly acquired concession also host…
Rea producing at Mt. Hamilton
The Mt. Hamilton mine near Ely, Nev., yielded 2,700 oz. gold in February, its first month of commercial production. The open-pit, heap-leach operation is within the Battle Mountain trend and is owned …
LATIN AMERICA SPECIAL — Drilling program undertaken —
Copper and gold are not the only commodities being pursued by North American-based companies in Peru. Cominco Resources International (TSE), soon to be merged with its parent company Cominco (TSE), in…
More gold for Murgor
The remaining seven holes of the first-phase drill program on the Barry Twp. property in northwestern Quebec have intersected gold mineralization. This raises to 11 the number of intersections reporte…
Nebex options two Albanian properties
Alberta-listed Nebex Resources will earn interests in two polymetallic concessions in Albania. The Calgary-based junior chose to work in the European country because of the abundance of natural resour…