2005

New Millennium gets Howells River estimate

A resource estimate based on drilling in 2004 by New Millennium Capital (NML-V) shows the Lab Mag iron ore project in western Labrador has a resource of just over a billion tonnes g…


Anaconda hits gold at Damoti (June 06, 2005)

Structural extensions to the Horseshoe zone at the Damoti Lake gold deposit in the Northwest Territories are proving to be mineralized in drill-testing by Anaconda Gold (ANX-V)….



Base metals still hot

A Bank-Holiday-shortened week in England saw the price of gold close US25 higher at US$418.25 per oz. in the afternoon in London on May 27. Back in Canada, the Toronto Stock Exchange’s gold index cam…


Pelangio proves up area near former producer

Pelangio Mines (PLG-V) has intersected significant gold on the Detour Lake property in northern Ontario, just west of the past-producing open pit, and a new resource estimate on the…


Venture board grabs modest gain

Gold edged up slightly, off a 15-week low, helping the S&P-TSX Venture Composite Index close up 42.38 points over the period May 24-30, finishing at 1,645.91. Average daily share volume for the ju…


Bema aims for the big leagues

Vancouver — With one mine in the commissioning stage and two projects at feasibility, Bema Gold (BGO-T) is pushing hard to become a 1 million-oz. producer in the next few years….



Semafo shares take off

Shares in Semafo (SMF-T) jumped 10, or 7.5%, to $1.43 in Toronto on May 27, on news that its Moroccan-based majority shareholder Managem was looking at options f…


Insider Trading (June 06, 2005)

The Ontario Securities Commission reported the following insider trading transactions in recent issues of the OSC Bulletin:…


Yorbeau at Astoria

Yorbeau Resources (YRB.A-T) has cut gold at depth along the Larder Lake break, a few kilometres south of Rouyn-Noranda, Que….



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