News

Vancouver — Drilling has enabled Southwestern Resources (SWG-T) to confirm the stratiform nature and continuity of high-grade gold mineralization at the Boka 1 project in China’s Yunnan province.

Vancouver — Drilling by Grid Capital (GID-V) has encountered high-grade gold and silver values at the Bufa project in Mexico’s Chihuahua state.

Vancouver — As a warm-up act for the big campaign to come, Ivanhoe Mines (IVN-T) is drill-testing a secondary geophysical target in the Copper Flats area of the Lookout Hill property in Mongolia. The property is owned by

TSX-Venture board juniors continued to weather weak gold prices over the report period Jan. 19-25, despite a modest overall gain. The S&P-TSX Venture Composite Index closed at 1804.07, up 7.32 points from the previous session. Average daily tradin…

The week of Jan. 19-25 saw the price of gold rise US$2.25, to US$424.50 per oz., where it closed in the afternoon in London. The gold index was up 1.8 points and finished at 198.25. The diversified metals and mining index also rose, by 3.7 points,…

U.S. equity markets were lower over the report period Jan. 18-25, mainly forced lower by poor earnings news. The S&P-500 index was down 2.3% of value, at 1,168.41 points.