La Fortuna reserve for San Fernando
Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…
News
DIAMOND SPECIAL — Cliff Res. and partners plan Phillips
Joint-venture partners Cliff Resources (TSE), Triad Minerals and Black Hill Minerals plan about 5,000 metres of small-diameter drilling this year on their Phillips Range diamond property in Western Au…
Ecudorian pushes ahead at Gaby
Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…
Drilling continues at Hislop-Beatty
According to Glimmer Resources (VSE), results from drilling by Hemlo Gold Mines (TSE) at the Hislop-Beatty property in northeastern Ontario should lead to increased reserves. Seventeen of the 29 holes…
Nebex draws up plans to drill five properties
Alberta-listed Nebex Resources plans to carry out drilling on three gold properties in Yellowknife, N.W.T., and on two gold and base metal properties in New Brunswick. Near Yellowknife, Lac Minerals (…
Historical gold belt — El Callao region attracts interest
While it may not be as heavily promoted as the Kilometre 88 region, Venezuela’s El Callao region, 125 km to the northwest, has attracted its share of exploration companies. This should come as no surp…
Waddy Lake encouraged by bulk sample results
Toronto-listed Waddy Lake Resources has completed test mining and milling programs to determine the continuity and consistency of mineralization at its Komis gold deposit in northern Saskatchewan. The…
World Wide expands zone at Easter Project
The latest assay results from World Wide Minerals’ (TSE) Easter Project in Nevada show that continuity and gold grades are significantly better than those encountered during the previous program. In a…
Strong physical demand for metals continues
Base metal markets continued their upward thrust in September as investors bought and bought, ignoring any simultaneous rise in inventories on the London Metal Exchange (LME). Strong physical demand r…
Pangea drilling at Fenn-Gib
Results from the first two holes of a 10,000-metre drill program on Pangea Goldfields’ (TSE) Fenn-Gib property near Matheson, Ont., suggest excellent down-plunge continuity of the West Deformation zon…
Crew renamed South Crofty
Shareholders of Crew Natural Resources (VSE) have approved a corporate name change to South Crofty Holdings, as well as a consolidation of shares on a 2-for-1 basis. The name change reflects the compa…
Noranda, Rhonda uncover northern copper deposit
Partners Noranda Minerals and Rhonda Mining (ASE) have discovered a new sediment-hosted copper deposit on the Epworth property, 120 km south of Coppermine, N.W.T. Exploration over the past three years…