Fairstar finances exploration
A $3-million financing has boosted to $7 million the amount of funds available to Fairstar Explorations (FFR-M) for exploration in Canada and West Africa.The junior has earmarked $1.9 million for expl…
News
EDITORIAL PAGE — The discovery, then the lawsuit
You’re the head of a junior company with a major discovery, a world-class find that is making the front page of newspapers (including The Northern Miner). You’ve worked hard at putting together the pr…
EXPLORATION ROUNDUP — More drilling tests Atkinson
A third phase of drilling is under way at the Atkinson gold project near Detour Lake, Ont., a joint venture between Prism Resources (PRN-V) and Better Resources (BRZ-V).This stage will include 11 hole…
EXPLORATION ROUNDUP — ITL drilling Red Lake project
Drills are turning at the Durham-McEwen property near Red Lake, Ont., immediately east of the area’s two producing mines.ITL Capital (ICL-V) is earning a half interest from Rupert Resources (RUP-V) on…
EXPLORATION ROUNDUP — Coloradas trio plans production in Durango
Partners Vanderbilt Gold (VAGO-O), Consolidated Viscount Resources (CVR-V) and Guardian Enterprises (GUD-V) are gearing up for production at the Coloradas concessions in Mexico’s Durango state.The con…
EXPLORATION ROUNDUP — Omax targets Indonesian prospects
Australian-based Omax Resources (OMX-V) is restricting its exploration initatives to Indonesia, having amassed properties in Java, as well as Sumatra, Kalimantan and Halmahera.The company operates con…
EXPLORATION ROUNDUP — TVI accelerates Panaon exploration program
Based on the results of a first-phase program, TVI Pacific (TVI-T) is picking up the pace at its fully owned property on Panaon Island in the Philippines.Two surface drill holes at the Anilao Hill pro…
EXPLORATION ROUNDUP — South Pacific pins hopes on Kalimantan prospect
An epithermal gold deposit in the lush jungle of Kalimantan, Indonesia, has become the prime exploration focus for Vancouver-based South Pacific Resources (SHF-A).Known as Masupa Ria, the project is a…
EXPLORATION ROUNDUP — Farallon continues drilling in Mexico
Exploration of the Campo Morado property in Guerrero state, Mexico, by Farallon Resources (FAR-V) has proved encouraging.The property is situated in Lower Cretaceous rhyolitic metavolcanics and metase…
EXPLORATION ROUNDUP — Celtic Minerals expands beyond Newfoundland and into Southeast Asian countries
Calgary-based Celtic Minerals (CME-A) is straddling opposite ends of the world as it expands its portfolio of precious and base mineral properties.Although the junior has the second-largest land posit…
EXPLORATION ROUNDUP — Globex explores Mooseland gold deposit
Junior Globex Mining Enterprises (GMX-T) will explore its newly acquired Mooseland gold deposit, 70 km northeast of Halifax, Nova Scotia.The property hosts an uncut, drill-indicated reserve of 2.02 mi…
Prospects brighten for Black Hawk
The switch to processing material from the Farley Lake pit has boosted head grades at the Keystone gold mine, near Lynn Lake, Man., and owner Black Hawk Mining (BHK-T) expects head grades to improve f…