Tan Range Exploration tests Tanzanian gossan
Surface work on the Itetemia gold project in Tanzania is outlining an extensive, pyrite-rich gossan. Tan Range Exploration (ASE), which is earning a 90% interest in the property, reports that soil sam…
News
Carson Gold acquires Yunnan Mining
Vancouver-based Carson Gold (VSE) is making its presence known in southern China. The junior acquired 2 million shares of Yunnan Mining, a private company which holds interests in, and exploration and…
NEWS ROUNDUP — Golden Star drops Esperance
The French subsidiary of Golden Star Resources (TSE) has decided not to buy the Esperance gold property in the northwestern part of French Guiana. Guyanor Ressources had an option agreement with curre…
NEWS ROUNDUP — Gold Reserve to increase holdings
Spokane-based Gold Reserve (TSE) plans to acquire the Brisas concession in the Kilometre 88 region of Venezuela. Until now, the company has held a 75% direct and a 16% indirect interest in the propert…
Loki Gold facing permitting delays
Red tape is tying up Loki Gold (TSE) as it endeavors to begin construction at the Brewery Creek open-pit project in the Yukon. The deposit hosts a diluted minable reserve of 16.7 million tonnes gradin…
Bolivar sees production potential
The indicated and inferred resource in three zones at the Tomi concession in Venezuela’s El Callao region is now believed to exceed 2.7 million tonnes grading 5.42 grams gold per tonne. Bolivar Goldfi…
Agate to drill in Chile
Drilling is expected to begin soon at the Nancagua gold-silver project south of Santiago, Chile. Partners Agate Bay Resources (VSE) and Princeton Mining (TSE) plan to drill at least 1,000 metres in a …
Crystallex nears target at Albino
Gold production from the Albino mine in Venezuela has increased dramatically. The operation, situated in the Kilometre 88 region, cranked out 3,352 oz. in March — a whopping 73% increase over the pre…
Voisey Bay anomaly extended
A geophysical survey has identified another anomaly, some 4.5 km northwest of the Voisey Bay nickel-copper-cobalt project in Labrador. Diamond Fields Resources (TSE) says work is continuing in this ar…
Canmine hits zones at Fer play
Two mineralized zones have been encountered on Canmine Resources’ (ASE) wholly owned Fer property in northern Manitoba. One of the areas, known as the Point zone, contains precious metal mineralizatio…
Vengold active in Venezuela
Preliminary drill results from the Bizkaitarra gold concession in Venezuela’s Kilometre 88 region are encouraging for partners Vengold (TSE) and Queenstake Resources (TSE). To date, results from five …
NEWS ROUNDUP — Barrick tops list of gold producers
Million-ounce gold producers in North America numbered four last year, with Barrick Gold (TSE) leading the way. Barrick swallowed Lac Minerals in a corporate takeover last summer, and their combined p…