News

Tenke Mining fires up second rig at Vicuna

Vancouver — Junior Tenke Mining (TNK-T) has added a second drill rig to its 23-hole program on the Vicuna gold project, in northwestern Argentina.The reverse-circulation work is testing five targets:…


Junior busy in Nevada

Having ended a two-and-a-half-year venture arrangement Kennecott Exploration, junior Nevada Pacific Gold (NPG-V) is raising $300,000 to continue exploring for gold in Nevada.The non-brokered private p…


Juniors target ‘Sullivan’ projects

The search for the next Sullivan mine in British Columbia’s Purcell Basin has been frustrating and fruitless for most juniors, but three companies headed by Richard Hughes intend to give it another sh…


Teck drops option on Cerro Samenta

Following a 4-hole drilling program on the Cerro Samenta property in northwestern Argentina, Teck (TEK-T) has handed the property back to Mansfield Minerals (MDR-V).Teck tested a newly discovered zone…


Virginia eyes Bathurst target

Having discovered four base metal showings in the James Bay region of Quebec, junior Virginia Gold Mines (VIA-M) is gearing up for a program of geophysics and trenching.Channel and grab samples yielde…


Apex creates subsidiary Golden Temple

Denver — Apex Silver Mines (SIL-X) will bundle its various exploration properties into a new subsidiary, to be known as SilEx. The move will enable the company to focus its attention on developing th…


Finnish precious metal projects lure explorers

Given the interest in exploration for platinum group metals (PGMs) in northern Ontario and its long history of gold production, it is surprising that more explorers are not targeting projects in Finla…


GoldenTemple adds to holdings in Mexico

As part of a strategy to focus on emerging mineral districts, Golden Temple Mining (GTM-V) has acquired two new properties in Mexico. One is in an emerging zinc district; the other covers a new discov…


Orogrande tests Burnt Pond

In a small drilling program, junior Orogrande Resources (org-v) is testing the Burnt Pond massive sulphide property in north-central Newfoundland.The 7.25-sq.-km property, which lies 35 km east of the…


Placer Dome options Vedron’s Timmins property

Toronto-based junior Vedron Gold (YVG-V) has finally closed last summer’s option agreement with Placer Dome (PDG-T).Placer can earn a 51% interest in Vedron’s sole significant asset, its namesake prop…



Resource at Wallaby grows

Drilling beneath the Wallaby gold deposit at the Granny Smith mine in Western Australia has added 2.1 million oz., bringing the total resource of the deposit to 7.1 million contained ounces.Granny Smi…


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