Bema options Salvadoran project
Vancouver — Bema Gold (BGO-T) has an option to earn up to a 75% interest in the high-grade Divisadero gold-silver property in El Salvador. The ground is held by Intrepid Minerals (IAU-V).Initially, B…
Intrepid Minerals Corporation
High River eyes more Russian gold
High River Gold Mines (HRG-T) has inked a deal to acquire the Berezitovoye project in the Amur region of southern Siberia, from a Russian company, Khaikta Ltd.Under the deal, High River will issue Kha…
Juniors eye precious metals in Argentina
Argentina’s recent financial woes have not deterred two juniors from inking separate deals to explore for precious metals there.Silver Standard Resources (SSO-V) has purchased a 43% interest in the Pi…
New wave of explorers seeks Olympic Dam-type deposits
A quarter-century after the Olympic Dam discovery in Australia left geologists struggling to classify the giant oddity they’d found, a new and better-informed wave of exploration for Olympic Dam-style…
El Salvador updates law
Denver — A series of revisions to the mining law offers to make exploration in El Salvador cheaper and easier.The principal change is that the net smelter royalty is cut in half, to 2%, bringing the …
El Zapote drilling set to start in June
Vancouver — Partners Intrepid Minerals (iau-v) and Apex Silver Mines (sil-x) are gearing up for a 2,000-metre drill program targeting the Aldea El Zapote silver-zinc-lead property in El Salvador.”The…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
Apex Silver among juniors active in Central America
Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
Mining companies unshaken by Salvadoran earthquake
Denver — The 7.6-magnitude earthquake that rocked El Salvador in mid-January caused little to no damage to mining operations in the region.Dayton Mining (DAY-T) President William Myckatyn tells The N…
Francisco aims drills at Marlin property
Francisco Gold (FGX-T) intends to drill the Marlin gold-silver property in Guatemala once shareholders and regulators approve the company’s proposed acquisition of that property’s owner, privately hel…
Intrepid confirms grades
A twin hole drilled by Intrepid Minerals (IAU-V) has confirmed bonanza silver grades previously encountered at the Cerro Coloado III discovery in western El Salvador.The diamond drill hole returned 53…
Intrepid Minerals finds more gold at Aldea Zapote
Diamond drilling by Intrepid Minerals (IAU-V) at its Aldea Zapote exploration concession in El Salvador has intersected significant silver, gold and zinc mineralization at depth, below one of the prop…