Bre-X shareholders approve poison pill
Shareholders of Bre-X Minerals (TSE) recently approved a shareholders’ rights plan, a stock split and a resolution to spin out the Sangihe and Sable properties in Indonesia.Shareholders approved the r…
Bre-X
Bre-X calculation expands Busang resource
A resource calculation for part of the Southeast zone at Bre-X Minerals’ (ASE) Busang deposit has added another 9 million oz. to the project’s potential gold resource, which now stands at 24.9 million…
Bre-X outlines mineralization at Busang gold project
Alberta-listed Bre-X Minerals continues to post drill results from its Busang project in Kalimantan, Indonesia.Drill results have been released for two new cross-sections of the Busang drill grid. The…
Bre-X renews CoWs for Indonesian properties
Directors of Bre-X Minerals (ASE) moved to reassure investors following reports in the financial press that cast doubt on the analytical methods the company has used at its Busang project on the Indon…
Junior aims to retain majority stake — Bre-X in driver’s seat as Busang’s potential grows
Junior companies are credited with many important mineral discoveries, but, in most cases, the companies and their projects are gobbled up by senior companies with the resources to build and operate m…
Minorca Resources seeks to buy interest in Busang gold project
An agreement with an Indonesian company sets the stage for Minorca Resources (ME) to acquire a 70% interest in 6% of production from the Busang gold deposit in Kalimantan, Indonesia.Minorca’s agreemen…
Resource at Busang climbs to 15 million oz.
Bre-X Minerals (ASE) has released the much-anticipated resource calculation for a portion of the Southeast zone at the Busang gold project in East Kalimantan, Indonesia.Based on a cutoff grade of 0.75…
Bresea enters joint ventures
The pace of land acquisition in Indonesia appears to be picking up, as more and more Canadian companies strike deals in this latest hot spot of exploration.One company, Bresea Resources (ME), recently…
Drill program enhances potential of Bre-X’s Southeast gold zone
Drill results from the Southeast zone at Bre-X Minerals’ (ASE) Busang discovery in Indonesia point to a rich deposit of gold mineralization.The company believes the 250 metres between fencelines SEZ-4…
Bre-X says Busang may hold 30 million oz.
Continued drilling by Bre-X Minerals (ASE) on its 90%-owned Southeast zone at the Busang gold project has prompted a company official to speculate the property may hold more gold than originally thoug…
Assays keep Bre-X hopeful
Results from a hole drilled on the Busang gold project in East Kalimantan, Indonesia, are adding to the enthusiasm of 90% owner Bre-X Minerals (ASE).Hole BSSE-78, drilled on fenceline SEZ-54 in the So…
Southeast zone drilling adds to potential of Busang
Few exploration plays have attracted as much speculative interest this year as the Busang bulk-tonnage gold project operated by Bre-X Minerals (ASE) in the Indonesian province of East Kalimantan.The c…