Henderson-based Alta Gold (ALTA-Q) has increased its land position around its Olinghouse property in northwestern Nevada by more than half.The company staked another 140 mining claims in an area north…
Large-diameter drilling is planned by SouthernEra Resources (SUF-T) for the Camafuca-Camazambo pipe, near Calonda, in the Lunda Norte province of Angola.The company recently issued 500,000 of its shar…
A single day of heavy trading, combined with solid performances by the base metal, gold and precious metal sub-indices, was sufficient to push the Toronto Stock Exchange index to 6,442.54 on May 27 –…
As gold deposits in northern Nevada become increasingly difficult and expensive to find, major companies are leaving it to the juniors to locate potential mines.One such company is Vancouver-based Pal…
Net income of US$1.1 million (or 7 cents per share) was reported by Royal Gold (RGLD-Q) for the second quarter of its 1997 fiscal year, compared with a loss of US$268,647 in the same period last year….
No kimberlites have been encountered in the 16 holes drilled to date during a spring program on the Doyle Lake project in the Northwest Territories. The drilling is focused on the LA 1-25 mineral clai…
Rouyn-Noranda-based McWatters Mining (MCW.A-M) has signed a $US70-Million deal with Placer Dome (PDG-T) to buy the Kiena and Sigma gold mines, along with 18 exploration properties in and around Val d’…
Junior Summo Minerals (SMA-T) is joining forces with St. Mary Land & Exploration (MARY-Q) to develop the Lisbon Valley copper project, southeast of Moab, Utah.A new company, Lisbon Valley Mining, will…
A first-phase exploration program is planned by Blue Desert Mining (BDE-V) for the Snowstorm project in the Midas district of Nevada.The district is a new gold camp being established in the northern p…
Bullion Monarch (BMRK-O) has acquired an 80% controlling interst in Toronto-based Knomex Resources (KNO-A) by purchasing 20 million units at 20 cents per unit.A unit consists of one share and one warr…
Vancouver-based junior X-Cal Resources (XCL-T) plans to restart mining operations at the Sleeper gold project, a past producer situated in the Slumbering Hills, some 30 miles north of Winnemucca.In Ap…
Gold projects in Nevada will provide an exploration focus for Eastfield Resources (ETF-V), a Vancouver-based junior which earlier this year announced plans to spin off its Canadian assets.Eastfield ex…
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