Premier shifts focus to Geraldton gold project
Premier Gold Mines (PG-T, PIRGF-O) plans to drill 50,000 to 100,000 metres on its exploration projects in Northwestern Ontario and Mexico this year with a new focus on its project in Geraldton, Ont.
Canada
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
ValGold files resource on Garrison gold property
The main sulphide gold zones of its 100%-owned Garrison gold property in northeastern Ontario contain an indicated resource of 186,725 tonnes grading 8.06 grams gold per tonne, ValGold Resources (VAL-…
Bonaventure expands 3D model of K9 deposit
With two drills already in action, Bonaventure Enterprises (BVT-V, BVTEF-O) is going after near-surface uranium targets on its K9 property in James Bay, Que., in search of a Rossing-type low-grade ura…
Metanor pours gold at Bachelor Lake mill (April 28, 2008)
Metanor Resources (MTO-V, MEAOF-O) has poured the first 2,000 oz. of gold from its recently revived Bachelor Lake mill near Desmaraisville, Que.
Novel geophysics technology identifies deep drill targets in Athabasca
Two of the Athabasca basin’s junior explorers have made a significant advance in geophysics that could aid exploration for deep deposits. And the implications of the technology — which uses electric …
Mantle blazes new trail into historic Kechika Trough
VANCOUVER — The first resource estimate released by Mantle Resources (MTS-V, MTSZF-O) for its wholly owned Akie property has put the spotlight on a prospective mineral district in northeastern Britis…
Strateco to go underground at Matoush (April 28, 2008)
It looks like Strateco Resources (RSC-T, SRSIF-O) will be the first company to explore underground for uranium in Quebec now that it’s received permission to do so at its Matoush uranium project in th…
Blue Note Mining hopes to strike the right chord
It cost a king’s ransom of $97 million but Blue Note Mining (BN-T, BNMFF-O) chief executive Michael Judson believes the resuscitation of two old zinc-lead mines in northern New Brunswick will be worth…
Houston Lake takes steady path towards production
Houston Lake Mining’s (HLM-V, HLKMF-O) president and chief executive Grayme Anthony knows what it is to persevere.