Partners Corner Bay Minerals (BAY-T) and Phelps Dodge (PD-N) are forming a joint-venture company to explore the Cerro Verde property in Mexico’s Sonora state. Their objective is to outline a bulk-tonn…
Delineation drilling by Geomaque Explorations (GEO-T) at its Honduran gold property has returned sufficiently encouraging values to warrant follow-up work.No sooner had the company wrapped up its dril…
Phoenix, Ariz.-based Phelps Dodge (PD-N) has pulled out of the Cerro Lindo copper-zinc project in Peru.The company gave no reason for its withdrawal..Situated near the southern department of Arequipa,…
Some of the proceeds of a newly arranged US$50-million revolving credit facility will be used by Eldorado Gold (ELD-T) to fund an ongoing expansion and optimization program at the Sao Bento gold mine …
Juniors Altoro Gold (ATG-V) and Vista Gold (VGZ-T) have signed an option agreement enabling BHP Minerals to earn a 50% interest in their jointly held Iroco gold project in Bolivia.To earn its interest…
Drilling by Solitario Resources (SLR-T) has intersected narrow intervals of high-grade gold mineralization at the Canada Onda prospect in Argentina.The Denver-based company said high-grade gold was in…
Gold giant Barrick Gold (ABX-T) has terminated an option it held on the Nufort claims, near Timmins, Ont.Moneta Porcupine Mines (ME-T) holds a 50% interest in the claims. However, Barrick will maintai…
Infill drilling by Patricia Gold Mines (PAT-V) at the Island Gold project, northeast of Wawa, Ont., has hit additional gold intersections.The drilling has extended the known depth of mineralization in…
Teck (TEK-T) and Western Copper Holdings (WTC-T) continue to advance their El Salvador joint venture in Zacatecas state, Mexico. Recent drilling on the polymetallic property has increased the known ex…
Newmont Gold (NGC-N) has intercepted high-grade gold values in a deep drilling program south of its Post deposit in northern Nevada.The company encountered long intervals of mineralization in two hole…
Pangea Goldfields (PGD-T) continues to intersect gold at its Kanegele project in northwestern Tanzania.The project comprises the Kanegele, NE Nungwisa and Mega claim blocks which together cover 266 sq…
Independence Mining has optioned the Buckhorn South project in eastern Nevada from Royal Gold (RGLD-Q) in return for an interest in two of the former’s properties.Independence has agreed to spend at l…
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