Through wholly owned Mexican subsidiaries, Morgain Minerals (MOG-V) is exploring its Compa project in the Sahuaripa area of Mexico’s Sonora state.The project is part of a 40,000-ha land package acquir…
Diamond drilling is scheduled to begin on Fairstar Explorations’ (FFR-M) 150-sq.-km Benso concession in Ghana, West Africa.The company will focus on three prospects — Amantin, Subriso and Chichiwelli…
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The Vancouver Stock Exchange composite index continued its slide during the week of Oct. 16-22, falling 46.14 points to close at 1,109.97. The resource index lost 88.75 points to finish at 2,146.Borne…
A newly established exploration arm of Rex Diamond Mining (RXD-T) will send a team to Sierra Leone to investigate the company’s kimberlite and alluvial prospects.Rex Exploration Division, supported by…
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With a development program under way at its namesake mine near Rouyn-Noranda, Que., McWatters Mining (MCW.A-M) also plans to spend $3 million to bring the Maude Lake gold project near Matheson, Ont., …
At the Chupaca project in the Ancash region of central Peru, Queenstake Resources (QTR-V) has completed the final three diamond drill holes of a 6-hole program.The project is on a structural trend, 2….
Drilling on the Camaguey concession in Cuba indicates to CaribGold Resources (CG-T) that its Beatriz prospect contains a geological resource of 1.1 million tonnes grading 4.73 grams gold per tonne.The…
Silver Standard Resources (SSO-V) has acquired its fourth Mexican silver project, in the Gulf Coast state of Veracruz.Comprising 84 ha, the Morelense property lies 150 km east-southeast of the port ci…
For the third quarter, Cominco (CLT-T) reports earnings of $5.2 million (or 6 cents per share) on sales of $448 million, compared with $22 million (25 cents per share) on sales of $417 million in the …
Alberta-based Cepeda Minerals (CMM-V) has discovered a pocket of high-grade gold mineralization at its Buzzard property in South Carolina.The company encountered near-surface gold grades in eight of t…
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