A combination of favorable features — widespread alluvial gold, the presence of numerous small mines, and reports of secondary copper mineralization — have lured Samex Mining (SXG-V) to the Santa Is…
With results from four drill holes in hand, Nebex Resources (NBX-A) has confirmed the presence of massive sulphides at its Mirdita concession in northern Albania.The drilling shows that the mineralize…
An agreement with a Chilean individual sets the stage for Yuma Gold Mines (YUM-V) to acquire the Sierra Miranda copper mine, 50 km northeast of Antofagasta.The mine was previously owned by a unit of A…
The price of copper, already battered over the past month, plunged on the London Metal Exchange (LME) following revelations of a trading scandal at the giant metal trading company Sumitomo. The Japane…
Noble Peak Resources (NPK-A) has begun exploring its holdings in the Barberton greenstone belt in South Africa.The gold project includes 132 sq. km of exploration lands and 70 sq. km under option. The…
During the next six months, New Goldcore Ventures (NGV-T) will spend at least $400,000 exploring its Clinton base metal property south of Lake Megantic in Quebec’s Eastern Townships.The program will t…
Diadem Resources (DIR-M) is exploring a new prospect at the Pekan River copper-nickel project in Newfoundland.The 5,000-hectare Lac Edgar property is 7 km southeast of the Pekan River property, which …
A 5-hole drill program is under way at the Eldorado property, a volcanogenic massive sulphide target in the heart of the Yukon’s Finlayson Lake belt.The program was launched by Mar-West Resources (MSR…
Junior Metallica Resources (MR-T) is expanding the limits of mineralization at the Cerro San Pedro gold-silver project in central Mexico.Based on a 1995 drill program and a subsequent prefeasibility s…
With a third and final private placement completed for $500,000, Franc-Or (FOR-T) has raised a total of $2.7 million to fund its gold-diamond projects in French Guiana.Chief among these is the 121.5-s…
An initial phase of drilling is planned for the Karya Bukit Utama gold-silver property, on the Indonesian island of Sumatra.Consolidated Silver Tusk Mines (CKT-V), which holds rights to an 80% interes…
In a move to diversify into base metals, Tri Origin (TOE-T) has formed a joint venture with Savage International Exploration, a unit of Savage Resources of Australia.The parters will explore Central a…
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