Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
South America
Quadra attracts Sumitomo to Sierra Gorda
Quadra FNX Mining (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in the Atacama Desert of northern Chile.
Inmet Mining’s Balboa zone excites the market
A high-grade intercept of 124 metres of 2.32% copper and 2.28 grams gold per tonne in the Balboa zone at Inmet Mining’s (IMN-T) Cobre Panama project is making Balboa a “contender” UBS Investment Research associate analyst Matt Murphy wrote…
Mahdia successfully bids for historic Omai gold mine
Mahdia Gold (MGD-C) has won the bid for Guyana’s famed Omai gold mine, which under operators Cambior Resources and Golden Star Resources (GSC-T, GSS-N) produced nearly 4 million gold oz. over 13 years starting from 1993.
Andina Minerals goes after the good stuff in Maricunga (May 30, 2011)
Copiapo, Chile – Andina Minerals (ADM-V) hopes to supercharge its promising Volcan gold project as it explores a number of high-grade targets around its initial Dorado deposit, situated 120 km east of this mining centre in Chile’s Atacama…
Hunt’s promising intercepts at La Josefina
Argentina-focused Hunt Mining (HMX-V) has drilled encouraging gold intersections at the Sinter zone of its La Josefina gold project in Santa Cruz province.
Deseado Massif reveals more high grade discoveries (May 26, 2011)
Vancouver – Argentina’s Deseado Massif has seen concentrated precious metals exploration for close to twenty years, but junior explorers continue to demonstrate the area’s significant hidden potential.
Peruvian protesters rally against Bear Creek’s Santa Ana
The Peruvian government has authorized the deployment of armed military troops to the Puno region of southern Peru in response to large anti-mining protests which have blocked roads connecting the country with Bolivia. Several media outlets,…
Greystar gets underground study on Angostura
Greystar Resources (GSL-T) has released an underground-only scoping study of its beleaguered Angostura gold-silver project in northeastern Colombia.
Eldorado advances Tocantinzinho in Brazil
Eldorado Gold (ELD-T, EGO-N) predicts production from its newly acquired Tocantinzinho gold project in central Brazil will average 159,000 oz. per year over an 11-year mine life starting in late 2014, at cash operating costs totaling about…
Drill results from Batero in Colombia show promise
Eight drills are turning on Batero Gold’s (BAT-V) two gold and porphyry centres at its 100%-owned Batero-Quinchia project in Colombia, about 20 km north of Medoro Resources’ (MRS-V) Marmato project and 100 km southeast of AngloGold…
China Yunnan teams with Rio Tinto in Chile
A Chinese state-owned company has teamed up with Rio Tinto (RIO-N, RIO-L) to explore for copper in northern Chile.