News

Vancouver — Drilling by Imperial Metals (III-T) has returned high-grade mineralization at the Mount Polley copper-gold project in central British Columbia.

The holiday-shortened week of May 19-25 saw considerable market activity, with the 10 most active companies all trading more than 6 million shares. (The markets were closed in Toronto on May 24 because of Victoria Day.)…

Vancouver — Amarc Resources (AHR-V) plans to explore a newly optioned gold-copper porphyry target in northwestern British Columbia.

AfriOre (AFO-T) is on its way to defining a shallow, low-grade gold resource at its Masumbi target in Kenya.

With cries of “hi-ho silver!”, a small but vocal army of silver bulls rejoiced as the white metal soared to 16-year highs in the first quarter of 2004. But like so many times before, the euphoria was short-lived.

Reverse-circulation drilling by Golden Star Resources (GSC-T) at the Mininko property in southern Mali has proved mineralization at depth below known surface gold occurrences.

Vancouver — Nevada Pacific Gold (NPG-V) is gearing up to explore its newly acquired Pat Canyon property, adjacent to the past-producing Tonkin Springs gold mine in Nevada’s Eureka Cty.

Both gold and base metal majors posted strong gains on U.S. equity markets in the report period May 19-25, even as the broader market moved sideways.

Vancouver — An agreement with several Chinese agencies gives Minco Mining & Metals (MMM-T) the right to earn up to a 51% interest in the Changkeng gold deposit in Guandong province.