The overall resource at Gold-Ore Resources’ (GOZ-T) Bjorkdal gold mine in Sweden has grown by over 50% from the last estimate reported in March 2010. Measured and indicated resources for the combined open pit and underground operation totals…
Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ontario have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
When Aldridge Minerals (AGM-V) acquired a 450 sq. km license in Papua New Guinea in February 2009, it fielded three requests from majors to joint-venture the property even before any samples were taken.
Sunridge Gold (SGC-T) has released assays from the first four of 35 holes drilled to define the Debarwa copper-gold-zinc VMS (volcanogenic massive sulphide) deposit at its Asmara project in Eritrea.
Canaco Resources (CAN-V) may be best known for its Magambazi gold discovery in the Handeni district of eastern Tanzania, where in late December drill results yielded intercepts of 53.2 metres of 9.51 grams gold per tonne and 17.4 metres of 6.1…
Vancouver – A pioneering deep-sea mining operation is a big step closer to reality after Papua New Guinea granted a mining lease to Nautilus Minerals (NUS-T) for its Solwara 1 project in the Bismarck Sea.
Vancouver – The first set of drill results from Newstrike Captial’s (NES-V) exploration and twinning program on its Ana Paula project in southern Mexico returned several significant gold intercepts including a long stand-out.
Kevin Keough likes to say that the “universe is unfolding as it should” at PC Gold’s (PKL-T) Pickle Crow property in northwestern Ontario.
An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
Five days after shares of Seafield Resources (sff-v) soared 147% to 57¢ on drill results of 449 metres grading 1.29 grams gold per tonne at its Miraflores gold deposit in Risaralda, Colombia, the junior has moved its drills 3 km to the…
Joint-venture partners Rainy River Resources (rr-v) and Northern Superior Resources (sup-v) have pulled a significant discovery hole from Target 3 at the TPK gold project in northern Ontario. Hole 4 hit 13.5 metres grading 25.87 grams…
Tahoe Resources (tho-t) has taken advantage of buoyant precious metal prices to raise $352 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities.The private placement financing is just shy of 25 million…
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