Formation Capital drills Idaho Cobalt (October 11, 2004)
Vancouver — Encouraging grades from ongoing diamond drilling at
Sunshine Mining & Refining Company Inc
Mag cuts narrow vein at depth (August 25, 2003)
Vancouver — Initial results from an ongoing, 3,500-metre drill program indicate narrow intervals of high-grade silver-gold values between 400 and 500 metres below surface on the Juanicipio claims in …
Mag drills in Zecatecas state
Vancouver — Mag Silver (MAG-V), formerly Mega Capital Investments, will perform 3,500 metres of drilling on the Juanicipio silver project in Mexico’s Zecatecas state.The newly minted junior is target…
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…
Formation Capital buys Sunshine refinery
Denver — Formation Capital (FCO-T) has acquired an option to buy a silver refinery, antimony plant and tailings pond at the Sunshine mine, near Kellogg, Idaho.The purchase price is US$2.3 million, th…
Hecla reaches deal for clean-up
Denver — Hecla Mining (HL-N) has reached an agreement in principle with the U.S. government and the state of Idaho concerning its share of environmental clean-up costs in northern Idaho’s Coeur d’Ale…
Few bright spots in down market
Denver — The Dow Jones industrial average climbed 136.70 points, or 1.2%, to 11,175.84 during the report period ended June 5, while spot gold slumped to US$265.70 on the Comex division of the New Yor…
Brancote proves up potential of Esquel project
The ever-growing, 3.8-million-oz. Esquel gold project in southern Argentina has garnered little attention in North American markets, largely because its operator, Brancote Holdings, is a United Kingdo…
Dow, gold continue climb
Denver — The Dow Jones industrial average climbed 113.99 points, or 1.1%, during the holiday-shortened report period April 11-17 to close at 10,216.73.Comex spot gold on the New York Mercantile Excha…
Dow clears 10,000 again
Denver — The Dow Jones industrial average rallied 617.03 points, or 6.5%, in the report period ended April 10, after a disastrous previous week, to close at 10,102.74.Mining issues were dragged along…
Ambrosia yields low-grade gold
A 1,500-metre drill program by Sunshine Mining & Refining (SSC-N) has cut low-grade gold mineralization at the Aguas Calientes property in northwestern Argentina.The 13-hole program, which focused on …
Mansfield seeks Olympic Dam-type deposits
In many ways, the past year for Mansfield Minerals (MDR-V) reflects the boom-and-bust nature of mineral exploration.After gaining undisputed title to the promising Cerro Samenta copper porphyry prospe…