Tone Resources Limited

US Gold wraps up Nevada deals

Vancouver — A little more than a year after launching takeover bids for Nevada Pacific Gold (NPG-V, NVPGF-O), Tone Resources (tns-v, tonrf-o) and White Knight Resources (wkr-v, witnf-o), U.S. Gold (U…



U.S. GOLDU.S. Gold's core asset is the Tonkin Springs gold property, a former producer with a troubled operating history because of its complex, refractory mineralization.

U.S. Gold in search of the Holy Grail

Robert McEwen, chairman and CEO of U.S. Gold (UGX-T, UXG-X), looks to the recent discovery of the 8-million-oz. Cortez Hills deposit by Placer Dome (now Barrick Gold [ABX-T, ABX-N]) as the motivation …





U.S. Gold looks to consolidate Cortez Trend

Vancouver — Robert McEwen’s U.S. Gold (USGL-O) has launched takeover offers for four TSX Venture-listed companies in an anticipated manoeuvre to fuse together a large, strategic land…



Nevada mine sites, past and present, attract bulk of exploration

Vancouver — Exploration spending in the U.S. has been in sharp decline for most of the past decade, falling 66% to below US$150 million in 2002 from 1997 levels, with a 77% drop in new claims over the same period. Weak metal prices and relentless…


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