Gold prices revive NWT projects
Improved metal prices have always had a way of giving new life to old projects, so it need not be a surprise that the recent rise in the gold price has acted like a defibrillator on several projects i…
Seabridge Gold Inc
Castleworth drills Clifford
Vancouver — Armed with $1 million in financing, Castleworth Ventures (WTH-V) has launched a 5,500-ft. program of reverse-circulation drilling on the Clifford gold project, 60 km east of Tonopah, Nev….
Seabridge begins work in NWT
Vancouver — Junior Seabridge Gold (SEA-V) has launched a $1.6-million program of exploration on its wholly owned Courageous Lake project in the Northwest Territories.Initially, the company will selec…
Junior explorers target Tonopah district
Vancouver — LEH Ventures (LEH-V) has become the latest junior exploration company to join the hunt for gold in the Tonopah region of Nevada.The company inked a deal to earn a 60% stake in the Baxter …
Castleworth boosts Pan
Vancouver — According to a new resource estimate, Castleworth Ventures’ (WTH-V) Pan deposit in Nevada contains 467,000 oz. gold.The new figure, calculated by Reno-based Mine Development Associates, m…
PEOPLE (April 14, 2003)
Phelps Dodge — Jon Madonna appointed to board of directors.QGX — Paul Zweng appointed chief operating officer. Surf’s up!Seabridge — Eliseo Gonzalez-Urien appointed senior technical ad…
People (April 07, 2003)
Diavik Diamond Mines — President and CEO Philip du Toit resigns.GoldSpring — John F. Cook appointed president; Les Cahan appointed treasurer.Magnum d’Or — Reno Calabrigo appointed pres…
Midway sparks Tonopah revival (March 17, 2003)
Vancouver — Drill results from the Midway prospect have intensified interest in exploring for gold in Nevada’s Nye Cty.Midway Gold (MDW-V), previously known as Red Emerald Resource, holds the propert…
Golden Phoenix plans attack at Borealis (March 03, 2003)
Golden Phoenix Minerals (GPXM-O) has tabled plans for a 3-prong exploration program at its Borealis project, near Hawthorne, Nev.Beginning this summer, the company will investigate the possibility of …
Gold glitters on junior exchange (December 23, 2002)
Vancouver — Gold issues helped Canada’s junior exchange break the 1,000 mark on the S&P composite index over the week ended Dec. 17. The Venture Exchange index rocketed 35.56 points, or 3.68% of its …
Juniors keep exploration (barely) alive BC
Vancouver — Despite the implementation of one of the most attractive incentive programs in the country, mineral exploration in Canada’s westernmost province failed to ignite in 2002.In 2001, total fi…
Junior market continues to slide
Vancouver — A battle between reluctant sellers and stingy buyers forced the bid-ask spread on individual stocks to widen to levels not seen in more than a year during the report period ended Oct. 1. …