A letter of intent to earn a 50% interest in the Washington copper property in Sonora, Mexico, was negotiated earlier this year by Corner Bay Minerals (TSE). The company agreed to provide the financin…
On completion of the takeover of International Corona, San Francisco-based Homestake Mining (NYSE) will inherit the 30% owned Torres Mining company in Mexico. Torres, which is operated by Industrias P…
In taking over Mexican-based Cerro de Cobre, Exall Resources (TSE) will acquire options on three Mexican copper properties: Santo Tomas, Verde Grande and San Martin. Combined, the properties are estim…
Mining has been a major activity in Mexico since prior to the discovery of America. In the past, many of the country’s cities grew and flourished because of mining booms. The industry’s importance is …
At its recently acquired Guadalupe de los Reyes property north of Mazatlan, Northern Crown Resources (VSE) plans to drill-test a large gold-silver mineralized system with bulk-tonnage potential. John …
Mining is being given a red-carpet welcome in Manitoba. To drive home the point, officials from the province came to Vancouver to talk about a new package of incentives designed to attract investment …
An agreement has been signed between Westminer Canada and Cache Explorations (ME), allowing Westminer to acquire up to a 90% interest in Cache’s Fenton and Guercheville Twp. gold properties near Chibo…
Week’s Price (US) Change Gold* $343.30 – $6.20 Silver* $ 3.71 – $0.04 Platinum*$355.00 – $4.00 Nickel** $ 2.84 – $0.17 Lead** $ 0.25 $0.00 Copper $ 1.02 – $0.01 Zinc $ 0.54 $0.00 Courtesy of Scotiaban…
The 19-claim Vauquelin property 35 km east of Val d’Or, Que., has been sold to Inco (TSE), William Resources (ME) and Claude Resources (TSE) report. Inco paid a total of $25,000 for William’s 75% inte…
Adding to a portfolio of copper-oxide properties, Kookaburra Gold (VSE) reached an agreement with AG Armeno Resources (VSE) to acquire up to a 65% interest in the Chaucha copper project in Ecuador. Ko…
Recent developments at the Izok Lake property in the Northwest Territories exemplify the impact a change of ownership can have on a dormant exploration project. Discovered by TexasGulf in 1974 and pas…
Recent drilling success by Westmin Resources (TSE) has resulted in a 19% increase in minable reserves for the Battle and Gap zone discoveries at the Myra Falls mine property near Campbell River, B.C. …
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