Vancouver-based Cheni Resources (TSE) will acquire a 60% interest in the Mt. Uniacke gold property, 40 miles north of Halifax, N.S.Historically, more than 2 million oz. gold have been mined in Nova Sc…
Montreal-listed Fairstar Explorations will acquire OGY Petroleums’ (TSE) 45% interest in the Fenelon gold project in northwestern Quebec.Fairstar will issue 1.5 million of its common shares and 1.5 mi…
Australian-based Golden West Refining will breathe new life into International Nesmont Industrial’s dormant gold refinery in Ladner, B.C.The refinery was shut down last year after brass bars were foun…
Diamond drilling is under way on the Prairie Creek property of San Andreas Resources (TSE), 300 miles west of Yellowknife, N.W.T.The property hosts a geological resource of 6.8 million tons grading 12…
Emerging from several years of dormancy, Consolidated Silver (NASDAQ) is trying to gain a footing in the industry.Under an agreement with Hecla Mining (NYSE) which owns 67% of Consolidated, the junior…
Summer drilling is planned for the Brenda and Granite Basin properties in British Columbia.Owner Canasil Resources (VSE) expects diamond drilling to begin shortly on the Brenda property, 20 km north o…
Toronto-listed Trillion Resources has placed a $6-million debenture with the Emerging Markets Gold Fund (EMGF).EMGF is a private investment fund with a mandate to invest in gold mining projects in dev…
Ignoring a host of poor economic forecasts, physical metals markets churned ahead in June, as world metal demand maintained its strong tenor. There is some consumer sector slowdown in North America, p…
MEETINGSJuly 4, A J PerronJuly 4, Fairhaven July 4, Western KelticJuly 5, Eastern Stone July 6, Cochise July 6, Garde M’gJuly 6, Radisson July 7, Argosy M’gJuly 7, Blake River July 7, Dejour MinesJuly…
Newcomer First Dynasty Mines (TSE) will spend US$2.7 million to advance its Dublin Creek gold property in the Yukon.The money will finance drilling (which started in May), metallurgical testing and se…
The long-awaited environmental impact statement (EIS) for the Crown Jewel gold mine in Washington state has finally been received.The 1,000-page document, prepared over a period of three years, is the…
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
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