News


Princeton, New Canamin to amalgamate

A proposed almagamation of Princeton Mining (TSE) and New Canamin Resources (VSE) is aimed at developing the Huckleberry copper deposit in northern British Columbia. Shareholders of New Canamin would …



MINING IN AFRICA SPECIAL — Canadian juniors pursue

As South Africa enters a new political era, Canadian junior mining companies are moving in to take advantage of a growing number of mining opportunities. Recently, Caledonia Mining closed a deal to ac…



Patrician Gold tests Forest Reef

Drilling by Patrician Gold Mines (ASE) continues to intersect gold in the Forest Reef horizon, leading to a re-interpretation of the geology of the Ikungu Peninsula property in Tanzania. Hole 94-8, dr…


Positive trenching results at Libertad gold property

The Nicaraguan gold property La Libertad could be richer than previously thought. Results from 19 trenches completed by Greenstone Resources (TSE) on the Cerro Mojan zone reveal a steeply dipping vein…


Canmine drilling tests deep zone

A high-power geophysical survey has enabled Canmine Resources (ASE) to discover at least five volcanic feeder vents. These vents are believed to be responsible for forming the Island zone massive sulp…


Major General evaluates Hammerdown deposit

An evaluation report estimates the Hammerdown deposit in Newfoundland could produce 225,000 oz. of payable gold at a cost of US$131 per oz., over a 3-year period. The deposit, situated on the Rendell-…



Westmin updates reserves

Year-end reserves at the Myra Falls mine near Campbell River, B.C., were slightly higher than in the previous year-end period, reports owner Westmin Resources (TSE). The proven and probable geological…



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