Alberta Star upbeat on Contact Lake (February 11, 2008)
Grab samples from its Contact Lake property on the south side of Echo Bay in the Northwest Territories appear to le…
Canada
HudBay marks 80th birthday with $1M donation
HudBay Minerals
Maximus confirms gold and silver-rich zone at Hope Bay
Results from its 2007 drilling program in the Hope Bay gold belt of Nunavut have yielded significant gold and silver values for Maximus Ventures (MXV-V, MXVEF-O).
Noront buoyed by high-grade
VANCOUVER–Noront Resources (NOT-V, NOSOF-O) posted a 20% gain in recent trading on drill results the company says are its highest grade to date from the Double Eagle project, in northeastern Ontario.
Columbia Yukon’s Storie keeps growing (February 11, 2008)
VANCOUVER — The more Columbia Yukon Explorations (CYU-V, CYUXF-O) drills its Storie deposit, in northern B.C., the more molybdenum it finds. Results from a 76-hole drill campaign late last year inclu…
Golden Goose plans resource upgrade
As Golden Goose Resources (GGR-V, GOOSF-O) gets its 2008 drill season under way at the Lac Levac nickel project in Quebec, the company is collecting the final assays from a 7,150-metre program complet…
Good gold grades from Northgate’s Young-Davidson (February 11, 2008)
VANCOUVER–As if to offset its setback at its Kemess North copper-gold project in B.C., Northgate Minerals (NGX-T, NXG-X) is pulling strong gold grades out of its Young- Davidson project in Ontario.
First Nickel boosts Lockerby resource 289%
Since buying its Lockerby mine near Sudbury, Ont., less than three years ago, First Nickel (FNI-T, FNKLF-O) has boosted indicated resources at the mine more than tenfold, according to a new resource e…
Goldcorp sells Silver Wheaton stake for $1.57B (February 11, 2008)
Goldcorp (G-T, GG-N), one of the world’s biggest gold miners, has found buyers for its entire 48% stake in the unique pure silver play, Silver Wheaton (SLW-T, SLW-N), leaving the company with a windfa…
Comaplex adds ounces at Meliadine West
VANCOUVER–An updated resource estimate for Comaplex Minerals’ (CMF-T, CXMLF-O) gold deposits in Nunavut recently had the company’s stock trading near its 52-week high.
De Beers takes US$965-million hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a…
Roca rallies on Max underground drilling
Vancouver – Underground drilling by Roca Mines (ROK-V, ROCAF-O) at its Max molybdenum mine, located 60 km southeast…