Avion Gold (AVR-T,AVGCF-O) continues to bulk up on West African gold assets as it has closed a deal to acquire the Kofi property in Mali from Axmin (AXM-V). In total Avion will pay Axmin $500,000 in cash and issuing 4.5 million shares for the…
Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…
TEPALCATEPEC, MEXICO — In early 2009 Geologix Explorations (GIX-T) found itself at a turning point. The company had just decided not to exercise its right to buy the San Agustin polymetallic project …
Rio Alto Mining (RIO-V, RIOAF-O) is raising $50 million in a private placement to fund its La Arena copper-gold project, 480 km northwest of Lima in Peru.
The recently re-minted South American Gold (SAGD-O) is looking to tap into Colombia’s gold potential. To do so the Richmond, Indiana-based company is aiming to acquire privately-held and Colombian-based Kata Enterprises and its 85% stake…
Just days before Christmas, NovaGold Resources (NG-T, NG-X) has surprised Copper Canyon Resources (CPY-V) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Vancouver – After a three-and-a-half year investigation involving police in Vancouver, Hong Kong, and China, John Paterson, founder and former CEO of Southwestern Resources, has been arrested and charged with nine counts of criminal fraud.
Eaglecrest Explorations (EEL-V) turned in some promising results from a first-pass sampling program at its Fredonia project in Colombia. The highlight assay graded 8.25 grams per tonne gold and 47.5 grams per tonne silver and came from an…
SITE VISIT KUALA LIPIS, MALAYSIA — True believers will persevere in the face of adversity. When the believers are mine builders, the recession of 2008-09 was the picture of adversity…
Vancouver – Galway Resources (GWY-V) has released a number of significant gold-silver hits from its California project in Colombia just as it announces a $25 million financing.
Claude Resources (CRJ-T, CGR-X) is riding high on the back of recently released historical assays from its Amisk gold property.
By the middle of next year Aurizon Mines (ARZ-T, AZK-X) will have completed a feasibility study on its Joanna gold project along the Cadillac Break, 2 km northeast of Rouyn-Noranda in Quebec’s Abitibi region.
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