Princeton expands Similco reserves
A drilling program has boosted the reserve base of the Similco mine project in southwestern British Columbia. Princeton Mining (TSE) says minable reserves at the Ingerbelle deposit have risen to 56.6 …
A drilling program has boosted the reserve base of the Similco mine project in southwestern British Columbia. Princeton Mining (TSE) says minable reserves at the Ingerbelle deposit have risen to 56.6 …
Vancouver-listed Francisco Gold has added to its portfolio of gold-silver projects in Mexico. The junior has agreed to acquire 50.1% of privately owned Goldeneye Explorations for $2 million. Goldeneye…
Toronto-listed Platinova A/S is planning to issue 2 million units, each of which will consist of a Platinova common share and purchase warrant. The unit price will be based on the average price of the…
An option agreement given to Placer Dome (TSE) and covering 2,400 acres in northeastern Ontario will be terminated by Placer, Gowest Amalgamated Resources (ASE) reports. The property adjoins, to the e…
Australian firm MIM Holdings is selling 9.5 million shares of Asarco (NYSE) at US$28 per share in an international offering. Of that total, a U.S. syndicate is offering 6.6 million shares; the interna…
The sale of a $30-million offering of flow-through shares and silver royalty certificates is complete, Anvil Range Mining (TSE) reports. The company plans to use the funds for stripping of its Grum de…
To date, Asarco (NYSE) has spent nearly $1 billion in an effort to move the thrust of its operations away from custom smelting and refining, and more towards copper and lead production. The money was …
Vancouver-listed IMPACT Minerals can acquire the Growler gold property in central Guyana. The agreement is with a Guyanese partnership, Eagle Mountain Associates. IMPACT may earn its initial interest …
A state-controlled mining company in India, Hindustan Zinc, has reached an agreement with Australian-based BHP Minerals concerning a joint venture in Rajasthan. Prospecting licence applications have b…
A second hole is being drilled at the Nelligan gold project in the Miquelon area of northwestern Quebec, Orient Resources (ME) reports. Assays from the first hole are awaited. More than 1,000 metres o…
Further drilling and induced-polarization surveys will test a new zone at the Casa Berardi project of Glen Auden Resources (CDN) in northwestern Quebec. The junior says hole 94-14, some 300 metres nor…
Though it ranks as the world’s seventh-largest producer of gold, Brazil has been largely ignored by the current crop of Canadian juniors attempting to gain exposure to South America’s historic mining …
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