News


Asarco agrees to explore Fortune bet

Exploration for gold-bearing iron formations on the Russell Lake claims in the Northwest Territories will continue following an agreement between Asarco (NYSE) and Fortune Minerals (COATS). Asarco has…


U.S. REPORT Roaster facility tops design rate

A roasting facility at the Big Springs gold project in Nevada recently completed its first year operating 15% above the design rate of 1,000 dry tons per day. For the first 12 months of the operation …


PEOPLE COLONY PACIFIC EXPLORATIONS

Walter Segsworth, Bruce McKnight and Harlan Meade have been appointed to the board of directors succeeding Richard Ostrosser, Donald Webster and Arthur Soregaroli who resigned.



Mosquito share shift

Through the recent acquisition of 1.15 million shares, Cameron McFeely has increased his stake in Mosquito Consolidated Gold Mines (VSE) to 28.3%. The private transaction between McFeely and Calgary-b…


Adrian starts drill program

A diamond drill program is under way on the Ski project held by Adrian Resources (VSE) in the Eskay Creek district of northwestern British Columbia. The program is designed to test the extension of th…



U.S.REPORT Goldstake selling tailings interest

A 40% interest in the Whitewood Creek tailings project outside of the Black Hills of South Dakota has been put up for sale by Goldstake Explorations (TSE). The company made no mention of the impending…



Correction Nicholas Lake

A preliminary reserve estimate of 1,228,000 tons grading 0.36 oz. gold per ton, with a dilution factor of 16%, has been reported by Athabaska Gold Resources (TSE) and Chevron Minerals for the Nicholas…


Carmac options LAC property

A diamond drill program is expected to begin shortly on the Hank property owned by LAC Minerals (TSE) north of Eskay Creek in northwestern British Columbia. The 6,000-ft. program will be managed by Ca…


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