Newstrike pulls big intercept at Ana Paula
Vancouver – Newstrike Capital (NES-V) has hit its most impressive hole to date at its Ana Paula gold project in Mexico’s Guerrero State.
2011
Banro: Where there’s smoke there’s fire
Just a few days after announcing that a document regarding a possible takeover was a fake, Banro (BAA-T, BAA-X) has announced that it will team up with a major Chinese gold mining firm to develop its large swath of gold properties in the…
Short Position Report (April 21, 2011)
TSX Short Positions Short positions outstanding at Apr. 15/11 (with changes from Mar….
Lago Dourado just weeks away from drill results
At thirty-four, Forbes Gemmell is likely one of the younger chief executives of a publicly listed mining company.
Quadra FNX releases initial Victoria resource
Vancouver – A first resource estimate for Quadra FNX Mining’s (QUX-T) Victoria project has established a new high-grade, deep polymetallic project in the Sudbury district.
Kaminak begins $15-million Yukon drill program
Vancouver – After one of the most successful first-pass drilling programs in the Yukon last year, Kaminak Gold (kam-v) has returned with plans to drill up to 45,000 metres in 2011 on its 100% owned Coffee gold project in the White Gold district.
Woulfe Mining works towards decision at Sangdong
At its height, the Sangdong mine in South Korea was one of the largest tungsten-molybdenum mines in the world. But after a forty-year run, the mine was shut down in 1993 when the price of ammonium paratungstate (APT) fell to US$40 per metric…
Goldgroup rises on long intercepts
Goldgroup Mining’s (GGA-T) latest round of drill results didn’t bring the high grades of its previous announcement, but the length of mineralization remains impressive. The company is currently drilling at the Caballo Blanco project in Mexico…
Teck doubles adjusted profit in Q1
Vancouver – Teck Resources (TCK.B-T, TCK-N) has more than doubled first quarterly adjusted earnings compared with last year on strong copper and coal prices.
Extorre hits new high-grade zone at Cerro Morro
Vancouver – A new high-grade discovery at Extorre Gold Mines’ (XG-T, XG-X) Cerro Morro project in southern Argentina has propelled its share price to an all-time high.
Rumors propel Banro shares
Banro (BAA-T, BAA-X) says it was nothing more than a rumor but whatever its merit an unspecified document sent the company’s shares surging over a three-day period. While the company would offer no direct information as to the nature of the…
Wildcat finds more silver in Arizona (April 19, 2011)
Highlights from step-out and infill drilling at Wildcat Silver’s (WS-V) Hermosa project in Arizona include 26 metres of 346.52 grams silver per tonne, 12.24% manganese, 3.16% zinc, 4.22% lead and 0.30% copper in hole HDS-117, the company…