Rubicon’s F2 returns high-grade gold intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of Ontario shows excellent grades extend to depth.
2010
Hathor fills gaps, extends zone at Roughrider (June 14, 2010)
Strong drill results from the Midwest Northeast uranium project have become the norm but it seems Hathor Exploration (HAT-V) saved the best for last — the final set of results from the winter drillin…
Fortuna falls on positive San Jose prefeasibility (June 14, 2010)
VANCOUVER — A prefeasibility study for the San Jose silver-gold project in Mexico’s Oaxaca state found it could support an underground mining operation producing 20.4 million oz. silver and 163,000 o…
Grayd ups La India gold resource
Grayd Resource (GYD-V) is pushing ahead with a preliminary economic assessment (PEA) on its 100%-owned La India gold project in Sonora state, Mexico, following an updated estimate showing 760,000 oz. …
Exeter pulls long gold intercepts at Caspiche (June 14, 2010)
VANCOUVER – Exeter Resource (XRC-T, XRA-X, EXB-F) has cut very long gold intercepts that expand the main mineralized zone at its flagship Caspiche project in Chile.
Copper Ridge tackles Far North exploration
After a significant injection of new corporate blood, Copper Ridge Explorations (KRX-V) is looking to fashion itself into a go-to play for base-metal exploration in North America’s northwestern corner…
US$322M secured for Copper Mountain
VANCOUVER — International conglomerate Mitsubishi Materials has secured US$322 million in project financing for the Copper Mountain copper project in southwest British Columbia.
Goldgroup advances San Jose
Vancouver – Newly formed Goldgroup Mining (GGA-T) is racing through a 15,000-metre drill program at the San …
Canadians charged in gold mining Ponzi scheme
Four Canadians and two Americans have been charged by the United States Securities and Exchange Commission for…
Coffee shows golden promise for Kaminak (June 11, 2010)
Vancouver – Kaminak Gold (KAM-V) spent 2009 sampling, trenching, and mapping its newly-acquired land package…
Anaconda Mining starts takeover bid for New Island Resources
Anaconda Mining’s (ANX-T) all-share takeover bid for New Island Resources (NIS-V) “reflects full value” for Ne…
MBAC gets lift from the drill
MBAC Fertilizer’s (MBC-T) quest to become one of the key fertilizer suppliers to the Brazilian market received…