Contact Diamond Corporation

The report period July 14-20 saw the price of gold close down US90. The precious metal fell US$6.35 on July 20 to finish at US$400 per oz. in the afternoon in London. The gold index was down by 2.7%, or 5.53 points, to close at 197.44. The divers…

The Cortez area is undergoing a flurry of exploration and drilling activity spurred by drilling successes at the Cortez Hills joint venture.

Canadian-Australian junior BacTech Enviromet (YBA-V) has agreed to take a 55% interest in the past producing Tonkin Springs gold mine in Nevada’s Eureka Cty.To do so, BacTech must pay U.S. Gold (USGL-…

For many juniors, keeping the treasury topped up while funding exploration on projects is difficult. One way a company can achieve this is through joint ventures, whereby a partner earns an interest i…

St. John’s, NFLD — An increased level of exploration activity in Newfoundland and Labrador has resulted in 30,500 new claims being staked this year (to the end of October), surpassing the previous hi…

St. John’s, NFLD — Recognizing the merits of a new geological concept for Carlin-style mineralization in a belt of rocks in central Newfoundland, Barrick Gold (ABX-T) struck a deal with Altius Minera…

Vancouver — Candente Resource (DNT-V) and Cornerstone Capital Resources (CTP-V) are launching a 15-hole drilling program on the Island Pond gold property, in the Botwood Basin of central Newfoundland…

Ongoing geophysical surveys mark the return of Sudbury Contact Mines (SUD-T) to its Timiskaming diamond exploration project, an effort it suspended in 1996.Sudbury Contact is doing about 4,500 km of h…

The cry “There’s gold in them thar hills” may be a cliche, but it sums up the feeling in the Botwood Basin area of central Newfoundland, where a staking rush is under way. Most of it is gold-centred.T…

Junior Cornerstone Capital Resources (CTP-V) is gearing up to renew exploration at its Paul’s Pond and Island Pond gold properties in central Newfoundland.Paul’s Pond overlies 7.5 sq. km of the Ordovi…