Madsen completes financing
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
COMIBOL, Bolivia’s state-owned mining company, has approved an application from Silver Standard Resources (VSE) for a joint venture on the Asiento silver property in southwestern Bolivia.Silver Standa…
Airborne geophysical surveys have been completed over claims held by Absolut Resources (ASE) in the vicinity of the nickel-copper-cobalt discovery in Voisey Bay, Labrador.As a result, 10 separate clai…
Preliminary drilling is under way on the Itetemia gold project in central Tanzania.Tan Range Exploration (ASE), which is earning a 90% interest in the property, is drilling on an anomaly that measures…
Exploration and definition drilling are under way at the Cashin copper property in Colorado.Initially, Summo Minerals (VSE) plans to drill 25 holes totaling 8,000 ft., the objective of which is to exp…
The northwestern tip of Argentina continues to attract Vancouver-based Paramount Ventures & Finance (VSE).The junior can expand its land position in the province of Jujuy — currently about 60,000 hec…
For the first six months of 1995, gold production at Eden Roc Mineral’s (TSE) Ivory Coast property is expected to be more than double what it was in the same period last year.Output for the period is …
Milling rates are surpassing expectations as Freeport-McMoRan Copper & Gold (NYSE) completes its expansion of the Grasberg copper-gold operation in Indonesia’s Irian Jaya province.The goal of 115,000 …
Drilling is under way at the Goodfish property near Kirkland Lake, Ont., where past drilling returned up to 0.49 oz. gold per ton across 41.5 ft.Glencairn Explorations (ASE) is operating the current 5…
Gold enrichment has been found to exist in each of 10 trenches at the Forrest project of Trillion Resources (TSE).The property is in the Kadoma region of Zimbabwe, where Trillion has licences to carry…
El Realito, a gold-silver property in Mexico’s Chihuahua state, will be explored by Nord Pacific (NASDAQ) and Francisco Gold (VSE).Francisco, an Australian-based company, paid US$100,000 for the prope…
Should the Hinoba-an porphyry copper property in the Philippines be approved for production, an on-site mill will be ready to process the ore.International Pursuit (TSE), which holds an option to acqu…
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