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 …
News
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…
LATIN AMERICA — BHP expands potential of Tintaya mine project
Australian-based major Broken Hill Proprietary (BHP-N) continues to outline significant mineralization near the Tintaya copper mine in southeastern Peru.Since it gained control of Tintaya by merging w…
LATIN AMERICA — General Minerals drills Bolivian deposit
Having outlined extensive manto-style mineralization, General Minerals (GNM-T) is preparing to begin development drilling on the Atocha silver property in west-central Bolivia.Earlier in the year, Gen…
Eastfield, Curator review data from Crowsnest
Disappointed by results from a 10-hole drill program on the Crowsnest gold property, near Fernie, B.C., partners Eastfield Resources (ETF-V) and International Curator Resources (IC-T) are deciding on …
LATIN AMERICA — Lucero eyes Cielo target on Macromin project in Chile — Junior still bullish following pull-out by Rio Tinto
In spite of disappointing results from early drilling on the Cerros Bayos target, Lucero Resources’ (LCR-V) remains optimistic about the potential of its Macromin project in the Antofagasta region of …
LATIN AMERICA — Vista allows locals to mine gold in Bolivia
Mine at your own risk.That was the message sent by Vista Gold (VGZ-X) in September after the company permitted local miners to enter the Capa Circa mine in Bolivia to process tailings and mine surface…
LATIN AMERICA — NEWS ROUNDUP — Franco seeks Don Mario royalty
Orvana Minerals (ORV-T) has signed an agreement granting Franco-Nevada Mining (FN-T) the option to buy a 2.5% net smelter royalty on production from the Don Mario gold-copper project in eastern Bolivi…
COMMENTARY — Gold deal restores confidence
The agreement signed in September by the European Central Bank and the central banks of most European nations transforms the gold market in several ways, according to the World Gold Council.First, alt…
LATIN AMERICA — NEWS ROUNDUP — Golden Peaks enters phase two
Operator Golden Peaks Resources (GL-V) has launched a US$900,000 exploration program on the Sierra de Las Minas and Los Dos Buhos gold-silver properties in northwestern Argentina.Previous drilling by …
Grupo Mexico puts pressure on Asarco
Grupo Mexico has upped its cash bid for Asarco (AR-N) to US$29.50 per share in an effort to derail a signed merger deal between Asarco and Phelps Dodge (PD-N).Asarco has not responded to the improved …
TSE cleaning house, again — Go west
In the aftermath of the Windfall stock trading scandal of the 1960s, Ontario regulators responded by tightening up the rules for junior exploration companies. And the companies responded by going west…