Diamonds were first discovered in Brazil in 1725, and the Latin American country soon replaced India as the most important global source of diamonds. Brazil remained the primary diamond source until t…
Toronto-listed Waddy Lake Resources has completed test mining and milling programs to determine the continuity and consistency of mineralization at its Komis gold deposit in northern Saskatchewan. The…
Attempts to value exploration properties prior to the actual discovery of a mineral deposit are highly subjective exercises. The foremost problem is to assess the probability that a particular area do…
Base metal markets continued their upward thrust in September as investors bought and bought, ignoring any simultaneous rise in inventories on the London Metal Exchange (LME). Strong physical demand r…
New Aegis Resources (NAS:VSE) and Nucore Resources (NCR:VSE) have amalgamated to form Norcan Resources (NRE:VSE). New Aegis shareholders will receive one new share for 1.3 old shares; Nucore sharehold…
The latest assay results from World Wide Minerals’ (TSE) Easter Project in Nevada show that continuity and gold grades are significantly better than those encountered during the previous program. In a…
Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…
enver-based USMX (NASDAQ) says its reserve and resource inventory now exceeds 1.1 million oz. gold and 238,000 tons copper. The new estimates, which are based on a US$375-400 per oz. gold and US$1 per…
A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…
Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…
An old hand at exploring the Guiana Shield, Golden Star Resources (TSE) established a presence in 1984 when it began looking for gold in Guyana. It is a veteran explorer in this area of South America …
If the Cross property in the Northwest Territories is regarded by industry-watchers as a success, it is not simply because it has already yielded a number of diamonds but also because it proves that t…
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