Asia Pacific finances project
Asia Pacific Resources (APQ-T) will finance development of its Somboon potash property in northeastern Thailand by arranging a $6.2-million private placement.The placement will consist of 2.4 million …
News
Juniors find gold in Nfld
Fort Knox Gold Resources (FNX-T) and Northway Explorations (NOW-T) have discovered surface gold mineralization at the Twi-Lite property in central Newfoundland.Channel sampling returned up to 23.6 gra…
LATIN AMERICA — Full speed ahead as Antamina’s partners dip into treasury — Huge polymetallic mine in northwestern Peru moves closer to production
Special to The Northern MinerConstruction at the Antamina project in northwestern Peru has moved into high gear since its Canadian owners secured more than US$1.3 billion in debt financing to develop …
LATIN AMERICA — Noranda options Chilean copper-gold prospect
Noranda (NOR-T) and Metallica Resources (MR-T) has signed an agreement to explore the Morro copper-gold property in north-central Chile.The major can earn a 70% interest in the 185-sq. km property by …
LATIN AMERICA — Meridian drills Venturina
An exploration progam by Meridian Gold (MNG-T) is aimed at defining drill targets at the Venturina gold-silver property in Mexico’s Chihuahua state and investigating a surrounding land package.Under a…
LATIN AMERICA — Standard to drill Zopilote property
Reconnaissance soil sampling by Standard Mining (SDM-T) is finding new targets to drill at its Zopilote gold property in Honduras.Surveying the westerly Calpules topographic lineament, the company tra…
LATIN AMERICA — Resource estimate leaves Aquest bullish on Anabella
Following an encouraging evaluation of the Anabella gold project in western Guatemala, Aquest Minerals (AQU-V) is optimistic the resource is economic and potentially expandable.The evaluation indicate…
LATIN AMERICA — Homestake budgets US$13m for Veladero
With the South American spring approaching, melting snow will make way for drill rigs at the Veladero gold-silver project, high in the Andes in west-central Argentina.The 11,500-ha property has receiv…
LATIN AMERICA — Canuc to mine in Ecuador
Toronto-based junior Canuc Resources (CANC-C) has signed an agreement with various Ecuadoran groups that will allow the company more secure access to its conflict-ridden Nambija gold property in south…
Winspear raises $14m for underground work — Bulk-sampling program to precede full feasibility
Winspear Resources (WSP-V) has negotiated a $14-million private placement with Deutsche Bank Securities, Canaccord Capital and Yorkton Securities, with proceeds earmarked for underground bulk sampling…
Ashton finds new kimberlite
Ashton Mining of Canada (ACA-T) has discovered a new kimberlite, on the Ric property in far northern Nunavut.Situated 250 km northwest of the Ekati diamond mine, the property is one of four blocks of …
LATIN AMERICA — Opawica starts field program
An exploration program by Opawica Explorations (OPW-T) is testing the Cura Este properties in the Argentine portion of the El Indio gold belt. The junior holds 150,000 ha in the region.Previous sampli…