Golden Queen relies on high metal prices to generate impressive NPV
Golden Queen Mining (GQM-T) is looking to prove that there is still plenty of gold in California, albeit at a much lower grade than what the ’49ers were used to.
News
Champion Minerals discovers new iron zone at Lac Moire (June 13, 2011)
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization, and Champion Minerals (chm-t) has increased its drill program there to 7,000 metres.
Caldera focuses on Marjan in Armenia (June 13, 2011)
Montreal-based Caldera Resources (CDR-V) has a busy season ahead of it at the Marjan gold-silver project in Armenia, as it confirms and upgrades the project’s historical resources.
Hathor doubles size of Roughrider deposit
The first resource estimate for the East Zone of the Roughrider uranium deposit in Saskatchewan’s Athabasca Basin doubles the overall size of the deposit, Hathor Exploration (HAT-T) reports.
Canada Lithium shrinks Quebec Lithium’s resource
This year has been a bumpy ride for Canada Lithium (CLQ-T). The company has lowered the measured and indicated resource estimate for its Quebec Lithium project near Val d’Or, Que., by 37% compared to the previous estimate, which was prepared…
Riverstone drilling enriches its Karma
Vancouver – The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization further south on the Gouglagou I zone and deeper on the Gouglagou II zone.
Taseko’s Q1 earnings fall short
Taseko Mines (TKO-T, TGB-X) saw higher first-quarter profits compared to last year, but still fell below expectations.
Minera Andes beefs up San Jose
Minera Andes (MAI-T, MNEAF-O) continues to get a better grasp of the system of gold and silver bearing veins that spread through its San Jose mine in Argentina even as the mine generates cashflows for the company. The latest round of results…
Two workers killed at Vale’s Stobie mine have been identified
The two workers killed late Wednesday night from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ontario, have been identified as Jason Chenier, 35, and Jordan Fram, 26.
2011 Exploration well underway in White Gold district
Vancouver – As the Yukon’s exploration season emerges from the spring melt, investors are once again looking north for exiting news after a winter lull.
Temex Resources posts resource for Gowganda tailings
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million ounces of silver. It also left behind a lot of silver in tailings piles — 2.96 million ounces to be precise.
Luna advances multiple projects in northeast Brazil
Vancouver – Working away in the relatively remote San Luis Craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, is advancing a second project to the scoping stage and holds an extensive greenfield land package in the…