News

Amax continues work on Coral Gold claims

A unit of Amax Gold (NYSE) will carry out a third phase of exploration on the Robertson gold project in Nevada’s Crescent Valley. Amax has one more year to explore the property and complete a bankable…


Trio drilling Carlin claims

Several deep structures will be tested in the first phase of drilling on Trio Gold’s (ASE) Rodeo Creek property on the northern portion of the Carlin Trend in Nevada. The initial holes will be drilled…


India lures exploration firms

Over the past few years, India has undertaken some radical economic changes to liberalize its economy so as to make it more market-responsive. These changes were initiated in the central government’s …


NEWS ROUNDUP — Royal Oak boosts earnings

Second-quarter earnings of Royal Oak Mines (TSE) increased to $2.9 million this year from $740,000 in the same period a year ago. The company produced 70,369 oz. gold at a cash cost of US$311 per oz. …


Gold intersected at Glen Auden’s bet

Encouraging gold values have been returned from three holes on Glen Auden Resources’ (CDN) Sewell-Reeve property, southwest of Timmins, Ont. The holes, drilled by Hemlo Gold Mines (TSE), cut a wide se…



GSC releases Prairie kimberlite data

Prairie Kimberlite Study — Soil and Till Geochemistry and Mineralogy, Low-density Orientation Survey Traverses, Winnipeg-Calgary-Edmonton-Winnipeg, 1991, Geological Survey of Canada Open File 2685, b…






It’s official: Joutel inks Cuban deal

After 16 months of detailed evaluations and negotiations, Toronto-based junior Joutel Resources (TSE) has signed 11 exploration agreements with the Cuban government. he agreements give Joutel the excl…


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