At the NWT Diamonds project near Lac de Gras, the richer Sable pipe has replaced the Leslie pipe as a target of mining.A 1,096-tonne sample from the Sable pipe returned 1,070.3 carats, for a grade of …
Preliminary resource figures are adding momentum to the Saladillo gold-silver concession in Durango, Mexico.Monarch Resources (MRE-T) estimates the San Sebastian prospect contains 1.6 million tonnes g…
A mood of cautious optimism prevailed at the 14th Annual Cordilleran Geology and Exploration Roundup. Delegates expressed enthusiasm over the current bull market for junior resource stocks, but their …
Vancouver-based Asia Minerals (AMP-A) has signed a letter-of-intent agreement to explore the Aurora property on the island of Luzon in the Philippines.The 88,000-ha land package, which covers seven ex…
Ongoing drilling at two South American projects has increased the gold reserves of Barrick Gold (ABX-T) to more than 50 million oz.The gold giant recently announced that its gold inventory rose to 51 …
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Diamond miner Redaurum (RRK-T) says it intends to “strenuously defend” title to its Kelsey Lake mine, 45 miles west of Fort Collins, Colo., near the Wyoming border.The company’s rights to the new diam…
A private placement of 5 million warrants, priced at 83 cents each, is expected to provide gross proceeds of up to $4.15 million for Omax Resources (OXR-V).The junior company is exploring a number of …
Outgunned by Cominco (CLT-T), Mineral Resources (MIC-T) has abandoned its takeover bid for Anvil Range Mining (ARO-T).Mineral Resources found it was unable to win support for its bid from Anvil Range’…
The NWT diamond project of Dia Met Minerals and BHP Minerals will be discussed at the next meeting of the Canadian Institute of Mining, Metallurgy & Petroleum, to be held Thursday, Feb. 20 at 12 noon …
Cynthia Avelino, Walter Clemens, William Daly, Harry Hopmeyer, Michael Magrum and John Milligan appointed directors.
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