More solid results from San Nicolas
The latest assay results from the San Nicolas massive sulphide discovery in Mexico’s Zacatecas state bolster the theory that the mineralization is capped by a higher-grade polymetallic zone, with a lo…
News
Kinross plans to merge with Amax — Will create fifth-largest gold producer in North America
Like a father arranging his daughter’s dowry, the parent company of Amax Gold (AU-N) has brokered a deal that will pair it off with a Canadian producer.Colorado-based Cyprus Amax Minerals (CYM-N), whi…
Altavista advances feasibility work at Santa Anna
Recent infill drilling by Altavista Mines (AIA-M) at its Santa Anna property in northwestern Quebec has confirmed the continuity of several gold-bearing zones.The ongoing 4,000-metre program is design…
McWatters aims to cut costs
A US$23-million investment program by McWatters Mining (MCW-T) is aimed at lowering operating costs at the Kiena and Sigma gold mines in Quebec’s Val d’Or camp.The program is designed to extend the mi…
Opawica drills near Kirkland Lake
Junior Opawica Explorations (OPW-T) has begun a diamond drilling program aimed at pulling base metal values from its Maisonville Twp. property, near Kirkland Lake, Ont.The 6-hole, 1,000-metre campaign…
Drill results add sparkle to Tassawini
Encouraging results from shallow drilling on the Tassawini gold property in northwestern Guyana have induced Menora Resources (MEN-M) to increase the number of follow-up targets to 12 from 9.The 12 ta…
Noront aims for polymetallic riches at Windfall Lake
Diamond drilling has resumed on the Windfall Lake base metal and gold project east of Lebel-sur-Quvillon, Que., reports Noront Resources (NOT-V).Three holes were previously drilled on the property, in…
Radisson launches program at Lac Gignac property
Eager to uncover deposits of both gold and base metals, junior Radisson Mining Resources (RDS-M) has launched a drill campaign on its Lac Gignac property in northern Quebec’s Massicotte Twp.The 4,672-…
Minera Andes begins drilling at El Pluma-Cerro Saavedra
The first phase of drilling at the El Pluma-Cerro Saavedra gold-silver property in Argentina is underway for Minera Andes (MAI-A).The company plans to complete up to 20 holes, totalling2,000 metres, f…
GEOLOGY 101 — Carlin-type gold deposits, Part 2
Sediment-hosted gold deposits supply a significant amount of the world’s gold. Although only the western United States produces gold from such deposits, these structures are also found in China and Pe…
Anomaly found near Kipushi
Zamgold, a wholly owned subsidiary of America Mineral Fields (AMZ-T), has discovered a significant copper anomaly in southern Zambia.The discovery is generating interest because it is only 2 km from t…
DIAMOND PAGE — Lexam seeks kimberlites in Greenland
Junior Lexam Explorations (LEX-M) has begun drilling 10 targets to test for kimberlite pipes on the western coast of Greenland.Half of the targets are on Lexam’s own property; the other half are on gr…