Radius explores Guatemalan projects
Vancouver — Having optioned its Tambor property to South African major Gold Fields (GOLD-Q), Radius Explorations (RDU-V) is busy developing other gold prospects along the Montagua fault trend in Guat…
News
Record output for Rio Narcea
Rio Narcea Gold Mines (RNG-T) poured a record 124,363 oz. gold at an estimated cash cost of US$190 per oz. from its El Valle operation in Spain during 2001, and the company says it expects to produce …
International Annax spots large conductor at Lae Jehe
Vancouver — International Annax Ventures (IAX-V) has discovered a promising deep conductor near the Anjing Hitam lead-zinc deposit on its Dairi property in Northern Sumatra, Indonesia.A down-hole ele…
FPO Francisco advances El Sauzal deposit
Benefitting from a $32-million treasury, Francisco Gold (FGX-V) is completing a final feasibility study on its 3 million-oz. El Sauzal gold deposit in Mexico, while, in Guatemala, it continues to expl…
Orvana resumes Don Mario development
Two years after being forced to shelve it, Orvana Minerals (ORV-T) has raised enough funds to advance its small but high-grade Don Mario gold-silver deposit.In the heyday of 1996, Orvana added the Bol…
Major General plans diamond spinoff
With 42.1 million shares currently issued, Major General Resources (MGJ-V) intends to spin off its diamond properties into a new company and undergo a 3-for-1 stock rollback.Shareholders of Major Gene…
Poste Lemoyne bears gold (February 11, 2002)
Preliminary drilling by partners Virgina Gold Mines (VIA-T) and privately owned TGW has deepened a surface showing at the Poste Lemoyne property in the James Bay area of Quebec.The Orfee zone has been…
Producers rise as gold nears US$300-per-oz. level
Gold staged a strong comeback over the Jan. 30-Feb. 5 report period, rising $16.50 in London markets to finish at US$297.45 per oz. on the morning of Feb. 6.Canada’s major producers also rose with the…
Silver Standard teams with GoldOre Resources
An option agreement with Gold-Ore Resources (GOZ-V) sets the stage for Silver Standard Resources (SSO-V) to extend its search for bulk-minable silver deposits to include Mexico’s Sinaloa state.Silver …
Partners renew Sapawe drilling (February 11, 2002)
Partners Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have kick-started a winter exploration program at their Sapawe polymetallic project in northwestern Ontario.The program, which includ…
Barrick’s 2001 post-merger output on target
Barrick Gold (ABX-T) met its 2001 production target with output of 6.1 million oz. gold at US$162 per oz.The world’s biggest gold miner in terms of market capitalization, which recently merged with Ho…
FPO Amarc sizes up Inde property in Mexico’s Durango state
Vancouver — The consolidation of a key property package has paved the way for Hunter-Dickinson-led Amarc Resources (AHR-V) to test for gold-bearing sulphides below the historical oxide workings at th…