Stornoway puts the pieces in place at Renard
Everything is coming together for Stornoway Diamond (SWY-T) at its Renard project in Quebec.
Canada
Shore’s star-orion feasibility set for Q2
Shore Gold (SGF-T) is on track to complete a feasibility study for the Star-Orion South project, in Saskatchewan, next month, and senior vice-president exploration and development George Read believes the numbers will be strong.
Silvercorp rebounds somewhat after resource updates
Vancouver – Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has since regained some lost ground after several resource and reserve updates and a share buy-back.
North Country Gold extends strike length
Highlights from drilling at North Country Gold’s (NCG-V) Three Bluffs West Zone in Nunavut include intercepts of 7.34 grams gold over 25 metres in hole 11TB104, 8.06 grams gold over 30.49 metres (11TBC001) and 43.02 grams gold over 4 metres…
New Horizons: Oilsands mine closure inspired by Mother Nature
Mine closure plans in Alberta’s oilsands are being made with a new advisor in mind: Mother Nature.
Rainy River finds more gold
A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver over 1.5 metres, just 42 metres below surface, sent shares of Rainy River Resources (RR-V) up 29¢ or 2.97% to $10.05 per share yesterday, and the company’s share…
Kinross leads majors for investments in junior gold plays
After betting US$7.1 billion last fall on the expansion potential of Red Back’s Tasiast gold mine in Mauritania, Kinross Gold (k-t, kgc-n) chief executive Tye Burt told reporters his company’s buying spree had come to an end for a while. “We’ve…
Atac hits gold in first step-out drilling of 2011
Vancouver – Atac Resources (ATC-V) looks to have met high expectations with the first 2011 step-out drill result on its Carlin-style properties in the Yukon.
Pele shares surge on Eco Ridge’s positive PEA
Pele Mountain Resources’ (gem-v) shares continued to climb today on the back of a positive preliminary economic assessment (PEA) for the company’s Eco Ridge mine rare earths and uranium project in Elliot Lake, Ont.
Positive metallurgical results for First Point’s Decar
Vancouver – Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central British Columbia, with encouraging metallurgical results the latest boost.
Bayfield insiders sell as Rainy River area play overheats
Vancouver – A 400-metre by 800-metre claim block on the eastern side of Rainy River Resources (rr-t) flagship gold project in northwestern Ontario is causing a big commotion over at Bayfield Ventures (byv-v).
Champion Minerals shares jump after shareholder rights plan
As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.