News


CaribGold happy with trenching in Cuba

Initial trenching results from the South Elena gold prospect of CaribGold Resources (CG-T) have revealed impressive gold values.The discovery, situated in the Camaguey concession, has been traced over…


Metallica expands Cerro San Pedro

Junior Metallica Resources (MR-T) is expanding the limits of mineralization at the Cerro San Pedro gold-silver project in central Mexico.Based on a 1995 drill program and a subsequent prefeasibility s…


Franc-Or funds Guiana work

With a third and final private placement completed for $500,000, Franc-Or (FOR-T) has raised a total of $2.7 million to fund its gold-diamond projects in French Guiana.Chief among these is the 121.5-s…


Silver Tusk drills Indonesian target

An initial phase of drilling is planned for the Karya Bukit Utama gold-silver property, on the Indonesian island of Sumatra.Consolidated Silver Tusk Mines (CKT-V), which holds rights to an 80% interes…




Madsen has funds in place for mill

Proceeds of $5.2 million from four private placements will enable Madsen Gold (MGF-T) to reconstruct the former Dona Lake mill in Red Lake, Ont.Madsen may also issue flow-through shares to generate $1…


BASE METALS SPECIAL — Globex Mining eyes Bateman

Gold targets feature prominently in the list of projects being worked by Globex Mining Enterprises (GMX-T). This year, however, the junior acquired two projects where copper is the primary commodity o…


Holmer study bullish for Loma Hierro

Based on an independent prefeasibility study, the Loma Hierro deposit in western Cuba, is expected to produce 1.5 million oz. silver annually at a cash cost of US$1.85 per oz.The mine, owned by Holmer…




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