Auriga hits near-surface gold at Maverick project (April 29, 2011)
Vancouver – Shallow drilling has returned several high-grade intercepts for Auriga Gold (AIA-V) at its northwestern Manitoba-based Maverick gold project.
2011
Rockcliff intersects more copper, zinc, at Lon deposit
Rockcliff Resources’ (RCR-V) 100%-owned Lon deposit, part of the company’s 660 sq. km Snow Lake project in Manitoba’s Flin Flon Greenstone Belt, remains open in all directions and recent drill results underscore its potential.
Belo Sun adds lustre to Volta Grande (April 28, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Restructured Crowflight looks to fresh start at Bucko Lake
Vancouver – With an entirely new management team, a few hundred million more shares outstanding, a new head-office city, and a different mining strategy all instituted in recent months, Crowflight Minerals (CML-T) looks to be the same company…
Brigus gets the grades from new zone at Black Fox
Brigus Gold (BRD-T, BRD-X) has confirmed a new gold zone with some impressive assays from its Black Fox complex near Timmins. The company says exploration drilling has returned even better grades and wider intercepts than the last batch of…
China Minmetals walks from Equinox; Chinalco signs copper JV with Rio Tinto
As China Minmetals turns its back on Equinox Minerals (EQN-T, EQN-A) saying Barrick Gold’s (ABX-T, ABX-N) $7.3 billion offer for the copper producer is above its “most optimistic assessment of value,” another Chinese state-owned company has…
Colossus pulls monster intercept from Serra Pelada
Vancouver – Colossus Minerals (CSI-T) has followed up earlier high-grade hits with a monster intercept from its 75%-owned Serra Pelada project in Brazil’s Para state.
Golden Predator extends mineralization at Brewery Creek
Vancouver – Golden Predator’s (GPD-T) successful winter drill program has hit a number of encouraging intercepts and expanded known mineralization eastward at its Brewery Creek project in the Yukon.
Allana just keeps on growing Dallol
Allana Potash (AAA-V) continues to define what is shaping into a world class potash play in Ethiopia. The company has grabbed the market’s attention over the last 12 months with shallow depth intercepts of up to 37.8 % KCl and now Allana says…
Western Potash expands Milestone resource
Western Potash (WPX-V) has boosted measured resources by 55%, indicated resources by 34%, and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (MOS-N) Belle Plaine mine, one of the…
Barrick bids for Equinox (April 25, 2011)
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
TSX rides silver and gold higher
Silver and gold were the theme of the holiday shortened Apr 18 -21 period, and the strength of the two metals helped ensure that the TSX Composite Index would finish higher than where it began. The Index managed a gain of 234 points to move up…