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.
Gold
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…
First Mexican’s Guadalupe drill results
Vancouver – Recently-listed First Mexican Gold (FMG-V) has released gold-silver assay results from its Guadalupe project in Mexico’s Sonora State.
Equinox generates good cash flow but struggles with rising costs
With Equinox Minerals’ (EQN-T, EQN-A) bold bid for Lundin Mining (LUN-T) — to be financed by a $3.2 billion bridge loan — top of mind, the release of its year-end financial results attracted a little more attention than usual….
Sabina off to busy 2011 in Nunavut
Vancouver – Sabina Gold and Silver (SBB-T) has released an updated resource for its Back River gold project in Nunavut just as it embarks on an extensive drill program in the area.
Exploration in Brazil’s Tapajos district heats up again (March 09, 2011)
Vancouver – 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…
Great Panther leaps on new resource, silver price (March 08, 2011)
Vancouver – Positive exploration and development news from its two silver mines in Mexico and a 30-year-high silver price have helped Great Panther Silver (GPR-T, GPL-X) achieve an all-time share price high.
PMI drills high grades at old Ghanaian mine
Vancouver – Exploration and infill drilling at PMI Gold’s (pmv-v, pvm-a) past-producing Obotan gold project in southwestern Ghana has turned up 20.8 metres grading 17.6 grams gold per tonne, part of a larger intersection of 80 metres grading…