Gold Canyon brings the good news on a dark day for markets
Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy day for markets as it struck a significant amount of gold near Red Lake.
Gold
Endeavour adds resources at Youga
In a bid to extend the lifespan of its Youga gold mine in Burkina Faso, which produced 82,400 oz. gold in 2010, West Africa-focused gold producer Endeavour Mining (EDV-T) is adding resources at three deposits within 3 km of the Youga plant.
Exploration in Brazil’s Tapajos district heats up again (March 14, 2011)
In the wake of Eldorado Gold’s (ELD-T, EGO-N) mid-2010 takeover of Brazauro Resources and its 2.1-million-oz. Tocantinzinho gold project, several Canadian juniors have ramped up their exploration efforts nearby in the hopes of finding the next…
An Alaskan district emerges
Talk of a newly discovered mineral district may be premature, but interest is growing in an area roughly 150 km northwest of Anchorage, Alaska, thanks largely to Kiska Metals’ (KSK-V) efforts there.
Golden resource at Richfield’s Blackwater (March 14, 2011)
After months of encouraging drill results, Richfield Ventures (RVC-V) has established a multi-million oz. gold resource at its Blackwater gold project in central British Columbia.
Candente works to advance and sell Canariaco Norte
Vancouver – Having sharply cut back operations during the global recession, Candente Copper (DNT-T) is coming back to life with a completed prefeasibility study, an updated resource and new financing.
Sennen and North Arrow turn to Arctic gold
Sennen Resources (SN-V) is showing its faith in Arctic gold by cutting a deal with North Arrow Minerals (NAR-V) for a stake in its Hope Bay Oro gold project in Nunavut.
Northern Tiger on the prowl
It’s the stuff of prospectors’ dreams: Climb up a hillside in a little-explored area and stumble upon enough visible gold to justify all those years of trudging around alone in the bush.
Columbus sets sail for French Guiana (March 11, 2011)
Vancouver – France is hardly considered a hotbed of mining potential, but Columbus Gold (cgt-v) sees the part of the country tucked away in the South American jungle as just that.
Copper Canyon ‘very pleased’ with sweetened NovaGold bid (March 11, 2011)
Vancouver – Just one month after dismissing the Dec. 20, 2010, takeover bid of joint venture partner NovaGold Resources (ng-t, ng-x) as “inadequate,” and only one week after suing it for allegedly failing to honour certain terms of the JV…
Problems plague Century’s Lamaque mine (March 11, 2011)
Vancouver – A failed cone crusher was the latest of several setbacks over the past year at Century Mining’s (cmm-v) Lamaque underground gold mine in Val d’Or, Que. The loss of the crusher shut down the Lamaque mill for nine days in February,…
Minera Andes makes headway at San Jose mine (March 11, 2011)
Exploration drilling in and around the San Jose underground mine in Argentina last year uncovered 7.5 km of new high-grade silver-gold veins, a 44% year-on-year increase in the cumulative strike length of all the known veins at the mine, Minera…