Rubicon’s F2 returns high-grade gold intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of Ontario shows excellent grades extend to depth.
Gold
Grayd ups La India gold resource
Grayd Resource (GYD-V) is pushing ahead with a preliminary economic assessment (PEA) on its 100%-owned La India gold project in Sonora state, Mexico, following an updated estimate showing 760,000 oz. …
Goldcorp selling San Dimas, Escobal to juniors
VANCOUVER — Goldcorp (G-T, GG-N) has announced the sale of its San Dimas gold-silver mine in Mexico, a month after entering into a similar arrangement for its Escobal silver deposit in Guatemala.
Kimber rises on positive Monterde economics (June 14, 2010)
VANCOUVER — Kimber Resources’ (KBR-T) Monterde project in Mexico could produce 813,000 oz. gold and 21.4 million oz. silver over a 13.4-year mine life, according to a preliminary economic assessment …
Romios explores next to Galore Creek (June 14, 2010)
Right now, nearly everything about Romios Gold Resources (RG-V) is small — its $1.3-million budget, its $15-million market cap and its 27-sq.-km Trek project– but the company believes that Trek’s lo…
IFC to invest in Argentex Mining
VANCOUVER — Argentex Mining (ATX-V, AGXM-O) has announced a proposed $7.3-million private placement by the World Bank’s International Finance Corp. (IFC) that will help further the development of its…
Fortuna falls on positive San Jose prefeasibility (June 14, 2010)
VANCOUVER — A prefeasibility study for the San Jose silver-gold project in Mexico’s Oaxaca state found it could support an underground mining operation producing 20.4 million oz. silver and 163,000 o…
Exeter pulls long gold intercepts at Caspiche (June 14, 2010)
VANCOUVER – Exeter Resource (XRC-T, XRA-X, EXB-F) has cut very long gold intercepts that expand the main mineralized zone at its flagship Caspiche project in Chile.
Goldgroup advances San Jose
Vancouver – Newly formed Goldgroup Mining (GGA-T) is racing through a 15,000-metre drill program at the San …
Coffee shows golden promise for Kaminak (June 11, 2010)
Vancouver – Kaminak Gold (KAM-V) spent 2009 sampling, trenching, and mapping its newly-acquired land package…
Anaconda Mining starts takeover bid for New Island Resources
Anaconda Mining’s (ANX-T) all-share takeover bid for New Island Resources (NIS-V) “reflects full value” for Ne…
Fronteer rises on high-grade hits at Long Canyon and Sandman
Vancouver – A $20-million, five rig exploration program at the Long Canyon gold project in Nevada has quickl…