New Bonanza resource lifts Premier’s stock
A new National Instrument 43-101 resource estimate for the Rahill- Bonanza property in Red Lake, Ont., has pleased joint-venture partners Premier Gold Mines (PG-T, PIRGF-O) and Goldcorp (G-T, GG-N).
Canada
Gravity West plummets on Voltaire assays (February 25, 2008)
VANCOUVER — Shares of Gravity West Mining (GRW-V, GRWFF-O) fell back to earth in recent trading after the company tabled long-awaited drill assays from its Voltaire Lake project, located 175 km north…
Alberta Star upbeat on Contact Lake (February 25, 2008)
Grab samples from its Contact Lake property on the south side of Echo Bay, in the Northwest Territories, appear to lend heft to Alberta Star Development’s (ASX-V, ASXSF-O) assertions that the company …
Study predicts robust economics at Mary River
It took four years and $170 million, but the definitive feasibility study on its 100%-owned Mary River direct- shipping iron ore project was well worth the wait, Baffinland Iron Mines (BIM-T, BIMGF-O)…
HudBay cuts Callinan royalty cheque for 777 mine
HudBay Minerals (HBM-T, HBMFF-O) has paid $2.4 million to Callinan Mines (CAA-V, CCNMF-O) as part of a net profit interest (NPI) and royalty agreement for a Manitoba property that sparked a contentiou…
Finning marks 75 years as Caterpillar Dealer
Finning International (FTT-T, FINGF-O), the world’s largest Caterpillar (CAT-N) dealer, is celebrating 75 years in business.
Roca rallies on Max moly
VANCOUVER — Underground drilling at Roca Mines’ (ROK-V, ROCAF-O) Max molybdenum mine, 60 km southeast of Revelstoke, B.C., hints at the depth expansion potential of the deposit.
Roxmark tests potential to reopen Northern Empire (February 22, 2008)
Roxmark Mines (RMK-V) has started a 6,200-metre surface diamond drill program at its Northern Empire mine property …
Potash One raising more funds for Legacy (February 21, 2008)
Vancouver – Little more than a month since closing an $11-million financing, Potash One (KCL-V, KCLOF-O) — which r…
Acadian to upgrade Getty zinc-lead resource
Acadian Mining (ADA-T, C2Z-F) has received zinc and lead grades from its Getty property in near Gays River, Nova Sc…
Aurora’s Michelin grows (February 20, 2008)
Vancouver – A 20% increase in resources is a nice boost for a company already working through pre-feasibility studi…
Alexis improves Lac Herbin plan for Q2 start-up
After a bulk sample, updated resource and a revised feasibility study, Alexis Minerals (AMC-T) has decided to start…