Eike still likes gold (November 29, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years, he still has an appetite for the commodity that helped propel him to fame and fortu…
News
Nyrstar offers $409M for Farallon
VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.
Explorator probes copper-gold mantos at El Espino (November 26, 2010)
Vancouver – Explorator Resources’ (EXO-V) 23,000-metre drill program at its joint-ventured El Espino project in Chile is showing that the historic mines scattered across the property may have only scratched the surface of its copper-gold…
Long REE holes boost Commerce Resources
Vancouver – Two long holes, mineralized with rare earth elements (REEs) from almost top to bottom, have caused a spike in Commerce Resources’ (CCE-V) share price.
Mercer looks to be the next name in Colombian gold
With the gold boom in Colombia in full swing it may come as some surprise that speculative land next to a 10 million oz. deposit would still be available. But up until June of last year, that was just the case with the Guayabales property….
Another new kimberlite discovery at Chidliak shows promising potential
The Chidliak diamond project on Baffin Island in Canada’s Far North continues to demonstrate tremendous potential with the release of a new batch of microdiamond results. The latest results show the CH-44 kimberlite has a very promising coarse…
Continental Gold strikes high grades at Buritica
Vancouver – The latest results from Continental Gold’s (CNL-T) on-going 100,000-metre drill program at its Buritica gold project in Colombia show more high-grade gold intercepts.
Corex continues to ride high on Santana results
Corex Gold (CGE-V) released its second stellar intercept in just over a week from its Santana project in the Sonora State of Mexico and furthered its market momentum in the process. The latest hole assayed a highlight intercept of 87 metres of…
Update: Almaden expands Ixtaca gold-silver zone
Almaden Minerals (amm-t, aau-x) has extended the Ixtaca gold-silver zone by more than 100 metres along the interpreted strike with the latest drill results from its Tuligtic project in Puebla State, Mexico. Hole 6, collared 110 metres northeast…
Almaden begins to step out on Ixtaca gold-silver discovery
Almaden Minerals (amm-t, aau-x) has added a second drill rig to its Tuligtic project in Mexico’s Puebla State as its works to prove up and better understand the orientation of a new gold-silver grassroots discovery called the Ixtaca zone. Two…
Endeavour finds new veins at Guanajuato
Vancouver – Endeavour Silver (EDR-T) has hit a swarm of new high grade gold-silver veins at its producing Guanajuato mine in Mexico, adding another discovery to a year of exploration successes at the operation.
Puma hits copper in New Brunswick (November 24, 2010)
Early results from Puma Exploration (PUM-V) Turgeon project in New Brunswick look promising, even though the market didn’t react with initial enthusiasm.