Future of B.C. exploration in question
A much discussed topic at the 12th Annual Cordilleran Geology and Exploration Roundup was the role played by junior companies and by the Vancouver Stock Exchange in the discovery and development proce…
News
Dentonia eyes Mongolian interest
Under an agreement with Mongolrostsvetmet, a Mongolian-Russian joint venture, Dentonia Resources (VSE) can earn an initial 70% interest in the Asgat silver-copper property by placing it in production….
STOCK MARKETS — BQ losses in by-elections add grit to TSE
Recent Liberal wins in hotly contested federal by-elections were welcome news to investors, which helped the Toronto Stock Exchange post a modest gain during the 5-day report period ended Feb. 14. The…
Hemlo drilling Timmins area play
Project operator Hemlo Gold Mines’ (TSE) has resumed drilling on the Sewell-Reeves gold property southwest of Timmins, Ont. The property covers a 22-km-long portion of the Destor Porcupine fault zone …
High River options HudBay properties
Toronto-listed High River Gold Mines can acquire gold and silver production rights from certain properties in Manitoba held by Hudson Bay Mining & Smelting (TSE). The agreement covers 17 properties ad…
BHP, partner hit red metal
Two joint-venture partners — American Resource (NASDAQ) and a subsidiary of BHP Minerals — encountered copper mineralization in two drill holes on their Agua Rica project in Argentina. The drilling …
Ego near startup of Cobatec facility
The Cobatec cobalt recovery plant, near Cobalt, Ont., is scheduled to enter production this month, with the first shipment scheduled for March. The hydrometallurgical facility, which cost owner Ego Re…
Vedron seeks exploration funds for Timmins area properties
Having undergone a restructuring, which included acquiring the Buffalo Ankerite claims near Timmins, Ont., Vedron Gold (CDN) has resumed trading. The company was delisted in 1990, a few years after a …
Sikaman Gold Resources buying andalusite mine
Toronto-based Sikaman Gold Resources (TSE) has signed a letter of intent to acquire up to a 100% interest (and no less than 75%) in a South African andalusite mine. The deal was struck with Enro Energ…
Echo Bay eyes Aquarius play
After several years of inactivity, the Aquarius gold property east of Timmins, Ont., is back in the news. Senior gold producer Echo Bay Mines (TSE) has signed a letter of agreement with LAQ Canada, a …
La Poposa gold play advanced
High atop the Argentine Andes, in one of most prolific gold belts in South America, Argentina Gold (VSE) is busy trenching and drill-testing targets on its La Poposa property. During a recent site vis…
NEWS ROUNDUP — Pacific Vangold adds to ground
The addition of two new exploration licences in Uganda increases Pacific Vangold Mines’ (VSE) holdings in that country to more than 9,600 sq. km. The newly acquired ground stretches along Uganda’s sou…