Villeneuve options Arizona property
An option agreement has been signed by Villeneuve Resources (VSE) with Freeport-McMoRan Gold (NYSE) regarding the former’s Cruce gold property 35 miles north of Tucson, Ariz. Freeport may earn a 51% i…
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Editorial Exploration demands caution
Some say the magnitude of a mineral discovery can be measured by the lawsuits it engenders. If that’s true, the copper strike announced this week by Aur Resources on Societe Miniere Louvem’s property …
Bema Gold to become new producer with Champagne mine
With full scale production about to begin at the Champagne heap leach mine in Idaho, Bema Gold Corp. (TSE) is poised to make the all-too-often perilous leap from a junior exploration company to a new …
M.I.M. completes share purchase in Granges
After intense due diligence that included four tours of operations, M.I.M. Holdings Ltd. of Australia has completed the purchase of 11 million shares of Granges Exploration at $4.55 a share, giving it…
MacDonald mine could produce zinc by fall
If all goes according to plan, production could start up as early as this fall at the past-producing West MacDonald zinc mine in Quebec’s Rouyn-Noranda area. Negotiations involving MacDonald Mines Exp…
Chinese troubles lift share price of Can. Tungsten
The share price of Canada Tungsten Mining Corp. (TSE) benefitted from the recent political turmoil in China, which is the world’s largest producer of tungsten. The company, a non-mine producer for sev…
Companies honored for reclamation programs
Five British Columbia companies were honored for their reclamation programs at the mine reclamation symposium held earlier this month in Vernon, B.C. “These awards recognize first- class research, inn…
Corona successful in Avalon offer
An offer to purchase all of the outstanding common and preferred shares of Avalon Corp. has resulted in Corona Corp. (TSE) obtaining majority ownership of the North American oil and gas company. Coron…
Promotion a necessary part of attracting investors’ interest
Public interest is often necessary before any junior mining stock becomes active, but how do promoters achieve such interest? Creating public interest in a junior firm hinges on keeping speculators an…
New discovery needed to revive intestors’ interest
How the juniors long for 1987. Mid-1987 to be exact. At that time, the gold boom was reaching its peak and junior exploration companies on every Canadian exchange were enjoying an unprecedented period…
Hislop gold project encourages Stroud
Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…
Toronto Stock Exchange Rich copper find sparks buying of Aur,
There’s nothing quite like a hot drill hole to ignite a market stampede. This popular mining adage was reaffirmed this week by the mad rush to get a piece of Aur Resources and Louvem Mining — until j…