Drilling completed at Humbug play
A 90-hole, reverse-circulation drill program totalling 36,000 ft. has been completed at the Humbug gold property in Lemhi Cty., Idaho.International Gold Resources (IGR) confirms the property has a geo…
News
Miramar’s Con mine on track
Production at the Con gold mine in Yellowknife, N.W.T., is expected to meet this year’s target of 130,000 oz. plus.The underground mine, owned by Miramar Mining (TSE), cranked out 28,117 oz. in the fi…
EDITORIAL PAGE — Scams in cyberspace
Those of us who are still pedestrians on the “information highway” — novices struggling to get a handle on the most basic and popular service: electronic (or “E”) mail — might be surprised to learn …
ODDS’N’SODS — The grab for Ursus Creek
Ursus Creek is a major tributary of Bedwell River in the Clayoquot Sound area of Vancouver Island.Between the fall of 1938 and the early days of the First World War, there was a gold rush to Bedwell R…
Voisey Bay to be featured at June seminar in Toronto
The Toronto Geological Discussion Group will present a seminar and update on Diamond Fields Resources’ nickel-copper-cobalt discovery in the Voisey Bay region of coastal Labrador.The event will be hel…
STOCK MARKETS — Voisey Bay play boosts trading volume on VSE
Growing interest in Labrador’s Voisey Bay nickel discovery is responsible for the Vancouver Stock Exchange hitting a 2-year record for the volume of shares traded in the month of May. A total of 598 m…
New rules for rehabilitating mine sites
In early March of this year, the government of Quebec added provisions to the Mining Act and its attendant regulation that oblige the holders of mining rights and mining operations to restore the site…
Agnico buys shares of Sudbury Contact
Toronto-based Agnico-Eagle Mines (TSE) will buy 843,000 shares of Sudbury Contact Mines (TSE) from affiliated holding company Mentor Exploration and Development (TSE).As consideration for the purchase…
Glimmer raises funds for Hislop
Junior Canadian Golden Dragon (VSE) will acquire 200,000 shares of Glimmer Resources (VSE) priced at $1 per share.The funds raised will be added to Glimmer’s working capital and fund a preliminary fea…
Green light for Trenton Canyon
The Trenton Canyon gold project of Santa Fe Pacific Gold (TSE) will undergo development.Situated 11 miles south of the company’s Lone Tree gold mine in northwestern Nevada, Trenton Canyon has yet to r…
DIAMOND NEWS ROUNDUP — Trillion Resources discovers Zimbabwean kimberlite
Soil results from a property in southwestern Zimbabwe have junior Trillion Resources (TSE) thinking diamonds.Soil sampling on the Sansukwe Exclusive Prospecting Order (EPO 790), which Trillion operate…
STOCK MARKETS — TSE trading gains reflect Diamond Fields negotiations
Talks of mergers and acquisitions by resource-sector companies and others helped the TSE 300 composite climb for the fourth week in a row. Over the 5-day report period ended June 6, the TSE 300 compos…