Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of a feasibility study of its Roche Bay iron project on the Melville Peninsula in Nunavut.
Canada
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Feds accept Taseko’s New Prosperity for review
Vancouver – The Federal Government has agreed to take a second look at Taseko Mines’ (TKO-T) gold-copper Prosperity project in central British Columbia, breathing new optimism into the beleaguered project.
Treasury Metals gets solid results out of Goliath
Treasury Metals’ (TML-T) quest to add significant tonnage to its resource estimate got a boost from recent drill results at the Goliath Gold project in Northwestern Ontario. While the company is drilling the better understood Eastern zone, it…
Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kue diamond project in Canada’s Northwest Territories.
Balmoral deepens zone at Martiniere West
Vancouver – Balmoral Resources (BAR-V) continues to establish and deepen a high-grade gold structure at its Martiniere West target along the Detour-Sunday Lake deformation zone in central Quebec.
Victory pushes Minago closer to development
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.
Silver Standard working to develop multiple projects
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Potash One dealmaker Matysek turns his hand to B.C. gold
Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…
Initial resource for Probe Mines’ Borden Lake
Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.
Venture stumbles in August 15-19 period
Vancouver – Uncertainty and caution continued to disrupt markets in the August 15-19 trading period as the S&P/TSX Venture Composite Index dropped 52.52 points to close at 1,764.84 points. While up from the low of 1,682 points hit in early…
Photo contest winners announced
The winners of the 7th annual photo competition put on by Australia-headquartered mining consultancy Snowden have been announced.