International Quotes (November 23, 2009)
Australia (A$) Nov. 10 Nov. 3 Change Aquila Resources 8.02 7.33 0.69 Bendigo Mining 0.24 0.22 0.02 Centennial Coal 3.36 3.22 0.14 Fortescue Res 3.90 3.72 0.18 Iluka R…
2009
Vena Assesses Azulcocha Tailings
Vena Resources (VEM-T, VNARF-O) is looking into mining the tailings at its Azulcocha zinc, manganese and gold project in Peru.
Uncertainty Reigns Over Ecuadorian Royalty Regime
VANCOUVER — Despite signs that a tentative heartbeat is returning to Ecuador’s mining industry, questions still loom over how onerous Ecuador’s royalty regime will be on future producers.Ever since the Ecuadorian government shut down mineral…
Is HudBay’s Fenix An Albatross?
MONTERREY, MEXICO — Canadian miner HudBay Minerals (HBM-T, HBMFF-O) picked a challenge when it chose to go international last year, taking on one of Central America’s most testing community conflicts at the Fenix nickel project in…
Otis Gold Probes High-Grade Potential At Kilgore
SITE VISIT CLARK CTY., IDAHO — Although Otis Gold (OOO-V, OGLDF-O) has just gotten started with a few thousand metres of drilling and some geophysical surveys at the Kilgore gold project 97 km north of Idaho Falls, Idaho, geologists Mitch…
Castle Gold Seeks Out New Targets At La Fortuna
A second set of assay results from surface mapping and sampling at Castle Gold’s (CSG-V, CSGLF-O) 100%-owned La Fortuna concession in Mexico’s northwestern Durango state have returned up to 39 grams gold per tonne and up to 1,500 grams silver…
Imperial Gains On High-Grade Hit At Red Chris
VANCOUVER — A hot hole from below the planned pit at Red Chris, carrying 4.1% copper and 8.8 grams gold per tonne over 152 metres, sent Imperial Metals’ (III-T, IPMLF-O) share price rocketing up 46% in a day.Imperial is working through an…
Levon, Valley High, Hit Silver-Gold At Pozo De Plata
VANCOUVER — A new, previously unexplored target on the Cordero Sanson property has produced strong silver-gold drill results for joint-venture partners Levon Resources (LVN-V, LVNVF-O) and Valley High Ventures (VHV-V, VHVLF-O).The first…
La Mancha Tops 2M Oz. Inferred Gold At Hassai
VANCOUVER — La Mancha Resources (LMA-T, LACHF-O) has added more than 1 million oz. of inferred gold to the resource at its 40%-owned Hassai mine in Sudan.La Mancha, the operator of the mine, has been outlining volcanogenic massive sulphide…
Advanced Explorations’ Tuktu Averages 34% Iron
Nunavut is proving to be fertile ground for Toronto-based junior Advanced Explorations (AXI-V, ADEXF-O).Not only does the company’s flagship Roche Bay project on the east coast of the Melville peninsula have an inferred resource of 357…
Kinross To Restart Fruta Del Norte Drilling
VANCOUVER–With newly minted mining regulations in place, Kinross Gold (K-T, KGC-N) says the Ecuadorian Ministry of Non-Renewable Natural Resources has given it the green light to jump-start exploration activity at its Fruta del Norte gold…
New Zone Returns High-Grade Uranium For Hathor
VANCOUVER — Hathor Exploration (HAT-V, HTHXF-O) knew the hole was hot — the black core in stepout hole 170 emitted enough radiation to push the scintillometer reading off the scale. Now assay results have proven Hathor hit a new high-grade…