2004

Golden Star Resources (GSL-T) has transferred its production royalty on the Rosebel gold mine in Suriname to 52.8%-owned subsidiary Guyanor Ressources (GRL.B-T) in return for US$12 million in cash.

Vancouver — Deep drilling by Stikine Gold (SKY-V) has intersected the sulphide horizon at the Sullivan Deeps project, near Kimberley, B.C.

Although five executives of a wholly owned subsidiary of Newmont Mining (NEM-N) were recently arrested in Jakarta over allegations of pollution, the company plans to continue operating in Indonesia.

Absolut — Harry Burgess appointed director; John Tarrant resigned as director.

Vancouver — Capstone Resources (CSG-V) is encouraged by results from diamond drilling at the Cozamin copper-silver-zinc property in Mexico’s Zacatecas state. The company can earn a 90% interest in five advanced Mexican projects…

SearchGold (RSG-V) is encouraged by drill results from its Bakoudou project in Gabon, central Africa.

An initial resource calculation at the Penasco silver deposit in Zacatecas state, Mexico, has almost doubled the resource on Western Silver‘s (WTC-T) Penasquito project.