NGEx Resources kicks off potash drill program
NGEx Resources (NGQ-T) has begun drilling its Bada potash project, about 150 km southeast of Asmara, the capital of Eritrea, and about 30 km inland from the port of Mersa Fatma on the Red Sea.
News
Unforgiving Goderich tornado kills one miner
It may take years to rebuild Goderich, Ont., after a severe tornado ripped through the picturesque town on the eastern shore of Lake Huron, leaving one dead, 37 injured, and massive damage.
Goldbrook keeps 25% of Nunavik
A potentially lucrative partnership that turned sour and then to the courts is a step closer to resolution, after an arbitration panel ruled that Goldbrook Ventures (GBK-V) has the right to a 25% stake in Jien Canada Mining’s Nunavik nickel…
Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of a feasibility study of its Roche Bay iron project on the Melville Peninsula in Nunavut.
Commentary: Weighing Mexico’s security risks
Back in 2004 I attended an annual general meeting for a client that had acquired a gold-silver mine in Mexico. It was one of many Canadian juniors at the time who had managed to acquire small-scale mines with good expansion possibilities and,…
Augen Gold directors capitulate after Trelawney raises offer
Ontario-focused gold explorer Trelawney Mining and Exploration (TRR-V) has raised its all-share bid for neighbour Augen Gold (GLD-V) to 0.0862 of a Trelawney share from 0.066 of a share.
Treasury Metals gets solid results out of Goliath
Treasury Metals’ (TML-T) quest to add significant tonnage to its resource estimate got a boost from recent drill results at the Goliath Gold project in Northwestern Ontario. While the company is drilling the better understood Eastern zone, it…
Initial resource out for Atacama Pacific’s Cerro Maricunga
Vancouver – Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last fall with a $33-million IPO and an advanced gold project in Chile.
Coro Mining shares plunge after environmental permit rejection
The provincial government of Mendoza has failed to ratify the environmental impact declaration for Coro Mining’s (COP-T) San Jorge copper-gold porphyry project in Argentina, voting against allowing the company to build an open-pit mine there.
International Tower Hill updates PEA
International Tower Hill Mines (ITH-T, THM-X) has updated the preliminary economic assessment of its Livengood deposit, about 110 km north of Fairbanks in Alaska, where drilling continues to expand the deposit. The company plans…
Resources jump 443% at China Gold’s Jiama
China Gold International (CGC-T) is working hard to impress the market with its Jiama copper polymetallic mine in Tibet as it boosts resources and looks to undergo a major mine expansion.
Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kue diamond project in Canada’s Northwest Territories.