Bulk sampling adds lustre to Snap Lake
Over the course of the past two years, Winspear Resources (WSP-V) has encountered a complex kimberlite dyke and breccia system in and around Snap Lake at the Camsell Lake property within an area measu…
News
LATIN AMERICA — Monarch improves performance of Venezuelan mine
Staying the course in Venezuela after the short-lived gold rush of the late 1980s may yet pay off for Monarch Resources (MRE-T), operator of the La Camorra gold mine in Bolivar state.Despite the curre…
LATIN AMERICA — NAME CHANGE
Lone Star Exploration (LSE-V) has changed its name to Masmindo Mining (MME-V) on a 1-new-for-10-old-share basis.
LATIN AMERICA — Hecla Mining advances projects in Mexico, Peru
Idaho-based Hecla Mining (HL-N) has commenced drilling on two properties, in Mexico and Peru, while beginning exploration on a third, in Chile.Drills are turning at the Noche Buena property in the nor…
LATIN AMERICA — Francisco Gold progresses at El Sauzal
With $38 million in the till and an $8-million exploration budget, Francisco Gold (FGX-V) has decided to focus its efforts on the El Sauzal gold deposit in northern Mexico.The deposit forms part of th…
LATIN AMERICA — Gross Rosebel sits and waits for gold’s rebound
Although the Omai gold mine in Guyana is up and running, the comparable Gross Rosebel project in neighboring Surinam sits idle — a situation that can only be explained by bad timing.”We missed a wind…
LATIN AMERICA — Black Hawk cutting costs at El Limon
An amalgamation with Triton Mining, executed earlier this year, has provided Black Hawk Mining (BHK-T) with a gold mining operation in Nicaragua and various exploration projects in Latin America, incl…
LATIN AMERICA — Geomaque lowers costs at San Francisco mine
With year-to-date losses totalling a mere US$74,000, Geomaque Explorations (GEO-T) appears to be withstanding the industry downturn by keeping a close eye on costs at the San Francisco gold mine in no…
LATIN AMERICA — Production up at Velardena
Development at the Velardena mine of Ecu Gold Mining (ECU-M) continues apace, with the mill processing stockpiled ore.Throughput in the second quarter was 29,996 tonnes, up from 17,184 tonnes in the f…
LATIN AMERICA — Maya reports discovery
Grab samples taken by Maya Gold (MAY-A) at its Casas Viejas concession in central Honduras indicate a zone of gold mineralization.The samples, 30 in all, outlined an area of chlorite schist-hosted min…
LATIN AMERICA — NEWS ROUNDUP — Placer Dome drops Benzdorp
Vancouver-based Canarc Resource (CCM-T) says it will seek a new partner for the Benzdorp gold property in Suriname, which it had previously optioned to Placer Dome (PDG-T).Canarc has the right to earn…
LATIN AMERICA — Orvana busy at Don Mario
Concurrent with a feasibility study for an underground gold mine, Orvana Minerals (ORV-T) is carrying out a prefeasibility study for an open-pit, gold-copper-silver mine at the Don Mario project in ea…