Meridian sets sights on India
Meridian Minerals India, an 80%-owned subsidiary of Meridian Peak Resources (MRK-V), has been granted two prospecting licences in the northwestern Indian state of Rajasthan.The company has the right t…
News
Noveder drills for gold at Abitibi
Noveder (NED-M) has hit narrow intersections of high-grade gold mineralization in three holes drilled at the Abitibi project near Val d’Or, Que.Holes 19, 20 and 21 were drilled to verify the depth ext…
Eden Roc finds more Ivorian ore
An exploration program has enabled Eden Roc Mineral (EDN-T) to expand the Junction zone, as well as outline high-grade ore, at the Afema gold mine in Ivory Coast.Ore from the upper oxide portion of th…
MacMillan, Cambior explore Peru
Toronto-based MacMillan Gold (MMG-T) and a subsidiary of Cambior (CBJ-T) are teaming up to explore several properties in the Huamachuco area of north-central Peru.Both companies will fund a preliminar…
White Knight buys into Nevada property
White Knight Resources (WKR-V) can earn a 51% interest in the New Pass gold property in western Nevada from privately held Quest U.S.A. Resources.White Knight is required to make option payments total…
Freewest drilling near Timmins
A 5-hole, 1,000-metre drill program by Freewest Resources (FWR-T) will test the Bristol Twp. gold property in the Timmins region of northern Ontario.The program will test five separate induced-polariz…
MINERAL EXPLORATION — Downhole geophysics helps keep Voisey’s Bay II dream alive
Although they have yet to find economic base metal concentrations, juniors Columbia Yukon Resources (CYR-A) and International CanAlaska Resources (ICA-V) refuse to abandon the theory that the Eastern …
Banro Res. drills in Dem. Republic of Congo
Toronto-based Banro Resource (BNRS-C) has finally succeeded in airlifting some 90 tons of equipment — including two diamond-drill rigs — from South Africa to its Twangiza gold deposit in the Democra…
MINERAL EXPORATION — Neural networks applied to Carlin trend
By applying neural pattern recognition technology, Uranerz USA is reinterpreting the Ren gold property in the Carlin trend of northern Nevada.The property is a joint venture between Uranerz, Romarco M…
EGR, Auspex increase Portuguese gold resource
Partners European Gold Resources (EGI-C)(formerly Montemor Resources) and Auspex Minerals (APJ-V) are making progress at their equally shared Montemor gold project in southwestern Portugal.The gold re…
MINERAL EXPLORATION — Perseverance pays for Cominco in Yukon
In 1994, Cominco (CLT-T) discovered the ABM polymetallic deposit at its Kudz Ze Kayah property in the southeastern Yukon, confirming the area’s potential for hosting volcanogenic massive sulphide depo…
MINERAL EXPLORATION — Ventures drills base metals targets
Eagle, Alaska — Weak gold prices have induced Ventures Resource (vrs-v) to diversify its exploration activities to include base metals.The company is drilling two lead-zinc-silver properties — Lead …