New gold discovery for Midland and Agnico-Eagle
Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in the Abitibi region of Quebec.
Gold
Another long intercept for Gold Canyon
Gold Canyon Resources (GCU-V) latest results continue to add to the recent momentum the company has generated around its Springpole gold project in the Red Lake district of Ontario. The results were highlighted a hole returning 225 meters…
Bravo Gold drills 45.5 metres of 2.1 grams per tonne
Assay results from the silver zone of Bravo Gold’s (BVG-V) 100%-owned Homestake Ridge project in northwestern British Columbia drove the junior’s share price up 13.33% to 17¢ today.
Nicaragua is king for Golden Reign
The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…
U.S. markets were fragile in the Nov. 15-19 trading week
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Troy Resources turns out first gold and silver dore at Casposo
Troy Resources(TRY-T, TRY-A) has built a plant and poured its first gold in sixteen months at its Casposo mine in Argentina’s San Juan province.
Corex gains ground on Santana results
Vancouver – Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico expanded the Nicho gold oxide zone.
Imperial updates Red Chris feasibility study (November 18, 2010)
Vancouver – An updated feasibility study for Imperial Metals’ (III-T) Red Chris project in northwest British Columbia says a $443-million investment would build a mine able to produce 74 million lbs. copper and 47,000 oz. gold annually for 28…
Eike still likes gold (November 17, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years he still has an appetite for the commodity that helped propel him to fame and fortune so many years ago.
Silvore Fox Minerals inks strategic agreement with Chinese
A private placement earlier this year, in which Sino Minerals Corp., formerly China Nonferrous Metals Exploration, took a 35.09% equity stake in Nova Scotia-based Silvore Fox Minerals (SFX-V), is starting to pay dividends.
Nyrstar to acquire Farallon
Vancouver – Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409-million fully diluted.
MDN looks north in Tanzania
The latest drill results from MDN’s (MDN-T) Ikungu gold property in Tanzania show the company to be following through on its goal of proving up mineralization at depth. The latest assays come from four holes that are part of its ongoing 13…