News

Partners Freewest Resources Canada (TSE) and Murgor Resources (ME) have discovered a new gold zone on the Lac Pusticamica property in Quebec’s Benoist Twp.A drill hole intersected gold mineralization …

Gold and base-metal issues rose last week, bucking the overall downward trend on the Toronto Stock Exchange. For the period April 3-9, the TSE 300 composite index fell fractionally, losing 17.46 point…

The Golden Bear mine in northwestern British Columbia is poised to reopen this summer, following a positive feasibility study for a proposed heap-leach operation.The study, which was conducted on the …

An exceptionally high-grade nickel deposit in Western Australia has been advanced to the feasibility study stage by partners Outokumpu and Mining Project Investors.Discovered in the fall of 1995, the …

A private placement of 400,000 units at $12.50 each will net $4.7 million for International Curator (TSE) after commissions.The units include a share and half a warrant, with each whole warrant good f…

Already a force in Ethiopian mineral exploration, St. Genevieve Resources (TSE) has been granted a large new concession with placer gold potential.The Serkole concession, situated in Ethiopia’s Benish…

A major exploration program on the Esperanza gold property in Costa Rica will be carried out this year.Lyon Lake Mines (ME) reports that the program will cover all four of its concessions, which total…

A drill program by Leader Mining International (ASE) will test the mineral potential of the Nettogami Lake project in northern Ontario.A total of 18-20 holes are planned for the Nettogami Basin, which…

By purchasing 3.2 million shares of Energold Mining (VSE) in a private transaction, Eldorado (TSE) has boosted its stake in the company to 48.8% from 16.16%.In doing so, Eldorado is positioning itself…

Vancouver-listed Fancamp Resources has kicked off the first phase of its exploration program on the Gemsbok base-metal property in southwestern Botswana.The 1.6-million-acre, wholly owned property for…

Exploration and development activity is picking up steam in Newfoundland’s Baie-Verte Peninsula. A Quebec-junior, Exploration Sulliden (ME), recently expanded its holdings in the region by acquiring a…

Toronto-listed partners Guyanor Ressources and Cambior have started drilling the Dorlin gold property in French Guiana.The companies are carrying out a 1,600-metre, small-diameter program to test the …