News


Gallery to drill conductor

Armed with the proceeds of a private placement, Gallery Resources (GYR-A) is planning to drill a strong conductive formation at its Okak Bay massive sulphide property in northern Labrador.A newly comp…


Valerie completes due diligence

Having completed its due diligence, junior Valerie Gold Resources (VLG-V) is proceeding with exploration of the Santa Barbara gold-copper project in Ecuador.Valerie can earn a half-interest in the pro…



Atna completes program on Caribou Dome

Atna Resources (ATN-T) is encouraged by results from its recently completed exploration program on the Caribou Dome copper property in central Alaska.The junior perfomed geochemical, geological and ge…



Platexco eyes PGM property

Platexco (PTX-T) is conducting a US$1.7-million bankable feasibility study at its Winnaarshoek platinum- palladium-rhodium-gold property on the eastern limb of the Bushveld igneous complex in South Af…


Guinea feasibility study positive for Semafo

A feasibility study on the Jean-Gobele gold project in east-central Guinea has concluded that a 55,000-oz.-per-year open pit mine would be profitable at a gold price of US$260 per oz.Commissioned by o…


Pele Mountain starts program

An agreement with Battle Mountain Gold (BMC-T) sets the stage for Pele Mountain Resource (PELE-C) to test a bulk sample from its wholly owned WAWA gold project in Ontario.The junior has already starte…


Canyon finances lawsuit

Canyon Resources (CAU-X) has obtained US$3.5 million in financing from Franco-Nevada Mining (FN-T) and restructured its purchase agreement with Phelps Dodge (PD-N) for the McDonald gold project…


DIAMOND PAGE — Twin Gold finds diamonds in Ungava

Toronto-based junior Twin Gold (TWG-T) has discovered diamonds in a grab sample derived from two dykes in the Torngat Mountains, east of Ungava Bay in northern Quebec.The sample, which weighed 10.9 kg…


Partners extend Tulawaka

Drilling has confirmed the down-plunge extension of the East zone at the Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Operator Pangea Goldfields (PGD-T) holds a 70% interest in th…


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