Riverstone drilling enriches its Karma
The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization farther south on the Gouglagou I zone and deeper on the Gouglagou II zone.
2011
Low-profile shell jumps 510% on investment by big-name investor
A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors after it announced North Vancouver mining man Mark O’Dea intends on buying 10.7 million shares in a 24-million-share private placement for a…
Golden Minerals, ECU to hook up
Colorado-headquartered miner Golden Minerals (AUM-T, AUNM-X) and Toronto-based ECU Silver Mining (ECU-T) agreed to merge to create a new silver mining company focused mainly in Mexico and Argentina.
Young-Davidson mine becoming a reality for Northgate
Progress at one of Ontario’s more exciting gold deposits continues un-abated as Northgate Minerals Corporation (NGX-T, NXG-X) drives to get its Young-Davidson mine into production. Northgate has already put $170 million into construction…
Revolution explores Carolina Slate Belt
Vancouver – Drilling along a 25-km-long trend is bound to lead to some mixed results, and such is the case for Revolution Resources (RV-T) at its Champion Hills project in North Carolina.
Themac starts drilling New Mexico copper project
Newly minted copper explorer Themac Resources Group (MAC-V) has started an 18,000-metre drill program at its Copper Flat project, located 50 km southwest of Truth or Consequences, New Mexico.
St Andrew gets a lift from Taylor
St Andrew Goldfields’ (sas-t) shares got a much needed boost, springing almost 8% on the back of some positive news from its Taylor gold project near Timmins, Ont.
Premier Gold takes out Hardrock JV partner
Ewan Downie’s Premier Gold Mines (PG-T) has decided to take full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it currently owns a 70% interest. The company will acquire the remaining 30% by taking over…
Seabridge, Golden Predator to spin-out US properties into new company
Vancouver – Looking to make the most of their respective low-profile gold projects in the United States, Seabridge Gold (SEA-T) and Golden Predator (GPD-T) have teamed up to spin-out the properties into Wolfpack Gold.
Geomega jumps on drill results
Geomega Resources (GMA-V) set the pace for miners on the Venture Exchange on Wednesday. The company’s share price made the largest gain by percentage points, shooting up 24% or 65¢ to $3.35 on 209,000 shares traded.
Abzu Gold starts drilling potential Esaase look-alike in Ghana
Vancouver – The Cardero Group’s Abzu Gold (ABS-V) has started the first round of drilling at its Golden Reef gold project in Ghana’s Asankrangwa gold belt. It plans to complete 12,000 metres of drilling using a combination of…
Editorial: Aussie windfall taxes 2.0
Yes, they’re back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% “Resource Super Profits Tax” (RSPT) on miners, Australia’s centre-left government has spent the past year developing a more…