Gold

The headframe at Alexis Minerals' Snow Lake gold mine project in west-central Manitoba. Photo by Alexis Minerals

Alexis promises a turnaround

Alexis Minerals (AMC-T) is looking to redeem itself by restarting the Snow Lake gold mine in Manitoba, with the help of a conditional financing.Credit Suisse has agreed to provide the junior US$45 million to revive the past-producing mine…


Mineral Mountain Resources president Nelson Baker (third from left) and VP of exploration Wally Rayner (fourth from left) with colleagues at the Holy Terror gold project in South Dakota, in which Mineral Mountain can earn up to a 75% stake from Holy Terror Mining. Photo by Mineral Mountain Resources

Mineral Mountain strikes deal with Holy Terror

Mineral Mountain Resources (MMV-V) is betting that the legendary Homestake gold belt has some life left in it.The company has signed an option agreement to earn up to 75% of a property held by the privately owned and 120-year-old Holy…


Mawson hits 6 metres of 617 grams gold in Finland

Mawson ­Resources’ (MAW-T) share price has spiked after the company released a bonanza-grade drill intercept from its Rompas gold property in northern Finland.Standout hole 11 returned 6 metres grading 617 grams gold per tonne uncut…


GTA gets the grade north of Superior

GTA Resources (GTA-V) caught the market’s attention in one fell swoop earlier this year with drill results from its aptly named Northshore project on the north shore of Lake Superior.



Aldridge makes big strides at Yenipazar

VANCOUVER — Aldridge Minerals (AGM-V) is aiming to be the next Canadian explorer to take advantage of a mining boom in Turkey that has drawn substantial international investment, and positioned the country as Europe’s top gold…


MAG Silver updates Juanicipio PEA

In a conference call earlier today MAG Silver’s (MAG-T, MVG-N, MVG-X) president and chief executive, Dan MacInnis, enthusiastically described the company’s Juanicipio project in Mexico as “bullet-proof” and “one…


Belo outlines more gold at Volta Grande

Belo Sun Mining (BSX-T) has recently tabled an initial resource estimate for its newly delineated South Block area at the Volta Grande gold project in Brazil’s Para State.


Red Eagle hits high-grade infill at Santa Rosa

VANCOUVER — Colombia explorer Red Eagle Mining (RD-V) has hit encouraging high grade gold intercepts in a phase two drill program at its Santa Rosa project near Medellin, while the final drilling from the phase one program did not fare as…


Torex chalks up another gold discovery with Media Luna

VANCOUVER — Not content to sit on its multi-million ounce, open-pit Morelos deposit, Toronto-based Torex Gold (TXG-T) has again struck gold on its 290-sq.km land concession 180-km-southwest of Mexico City, leading to speculation it may be…




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