News

Althouth the first few trading days of 2005 saw a slump in precious metals prices, juniors on the TSX Venture Exchange enjoyed a year-end rally.

Canadian Royalties (CZZ-T) continues to hit significant nickel-, copper- and platinum-group-element-bearing sulphide mineralization at its Expo-Ungava property in northern Quebec.

Following induced-polarization surveys at its Macleod Lake property in north-central Quebec, Western Troy Capital Resources (WRY-V) plans to drill eight chargeability anomalies.

Vancouver — WGI Heavy Minerals (WG-T) sustained only minimal damage following the devastating tsunami that claimed an unprecedented number of lives in coastal areas of the Indian Ocean, particularly South Asia.

Vancouver — Vancouver’s APAC Minerals (APC-V) intends to merge with Golden China, a Toronto-based private merchant bank. The move is designed to give APAC better access to China’s mining industry.

Pele Mountain Resources (GEM-V) has found significant gold while prospecting at its Highland property, 50 km northeast of Wawa, in Riggs Twp., Ont.

Vancouver — An independent review has confirmed the gold resource in the Eagle zone on StrataGold‘s (SGV-V) Dublin Gulch property in the Yukon.

Vancouver — Denver-based Apollo Gold (APG-T) has poured its first gold-silver dor bar from the Standard mine in northwestern Nevada.