News

Summo sizes up Lisbon Valley

A feasibility study is under way on the Lisbon Valley copper project in southeastern Utah. Summo Minerals (VSE) has enlisted Salt Lake City-based Roberts & Schaefer to determine the economics of an op…


Virginia, Diabor active in Eastmain

Partners Virginia Gold Mines (ME) and Explorations Diabor (ME) have staked 92 claims in the Eastmain volcanic belt of northwestern Quebec. An area containing geochemical anomalies and gold showings ha…


Cominco advances Yukon deposit

Major companies with metallurgical infrastructure in Canada are perhaps more motivated than most mining groups to maintain an active exploration presence in North America. This is certainly true of Co…


Armada Gold to complete study

A preliminary feasibility study is planned for the Taseevo gold deposit, part of Armada Gold’s (ASE) Baley project in the Chita region of southeastern Siberia. The study, due by late April, will exami…


Feasibility study for Goldfields

An in-house economic evaluation is nearing completion for the Goldfields project in northern Saskatchewan. Operator Greater Lenora Resources (TSE) intends to proceed with a final feasibility study for…


Lyon Lake drills Quebec prospect

A drill program by Lyon Lake Mines (ME) has started on the Waconichi gold prospect 50 miles north of Chibougamau, Que. Eight holes will be drilled to test priority targets determined by geological int…


East Africa drilling in Tanzania

Partial assay results received from a shallow drill program on East Africa Gold’s (VSE) Nyakafuru property in Tanzania have confirmed the presence of significant gold mineralization. The 63-hole, 906-…


Adex to fund work at Mt. Pleasant mine

Under a credit-option agreement, Adex Mining (TSE) will fund a $525,000 program of exploration and metallurgical research on Piskahegan Resources’ Mt. Pleasant mine in New Brunswick. The program, to b…


Centurion drilling Utah copper play

Reverse-circulation drilling, under way on the OK minesite near Milford, Utah, indicates that potential exists for a significant oxide copper deposit. Centurion Mines (NASDAQ) has drilled 24 holes to …


IGR active in Burkina Faso

Steps have been taken by Toronto-listed International Gold Resources (IGR) to increase its land position and exploration activities in Burkina Faso, West Africa. IGR has signed an option agreement wit…


Treminco drilling in western Mexico

Assay results from trenches have confirmed the presence of copper oxide mineralization on Treminco Resources’ (VSE) El Magistral property in Mexico’s Sinaloa state. The results include 0.23% copper ac…



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