Vantex reports hot hole at Guillet
Some impressive gold grades from the Guillet property in Temiscamingue, Que., sent shares of Vantex Oil, Gas & Minerals (VTX-V) soaring on Feb 25.Hole 70 returned 13.3 metres grading 40.7 grams gold p…
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Daily Metal Prices (March 08, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 2March 1Feb. 27Feb. 26Feb. 25Al Alloy1570/160…
Greystar cuts gold, reviews data
Greystar Resources (GSL-T) has intersected more long intersections of gold at its Angostura property in northeastern Colombia.The results from seven new holes represent the discovery of several struct…
Constellation cuts Cashin copper (March 08, 2004)
Fan drilling to define the western margin of the Cashin deposit in Colorado has returned some wide swaths of encouraging copper grades for Denver-based Constellation Copper (CCU-T).The latest holes we…
River Gold adds ounces at Eagle River (March 08, 2004)
Two new discoveries last year by Toronto-based junior River Gold Mines (RIV-T) near its Eagle River high-grade gold mine near Wawa, Ont., have allowed the company to add 136,500 oz. to its reserve bas…
Loulo project shows potential of Senegal-Mali shear zone
Kniba, Mali — If West Africa has been the gold industry’s elephant country in the past decade, it is the Senegal-Mali shear zone where the biggest trophies have been bagged.The biggest, certainly, …
Constellation goes supernova
The Toronto Stock Exchange’s S&P-TSX composite index rose steadily over the Feb. 25-March 2 report period, ending 170.7 points higher at 8,808 despite a 1.5% drop at the period’s end. The gold index m…
Tenke raises funds for Vicuna
Vancouver — Tenke Mining (TNK-T) will sell 3 million shares to a syndicate of underwriters in return for $8.25 million, some of which will be used to explore the Vicuna copper-gold-silver project in …
Gold Fields takes pass on Miyabi
In spite of some significant intersections in recent drilling, South African mining house Gold Fields (GFI-N) has turned down its option on the Miyabi project in the Lake Victoria goldfields of Tanzan…
Apollo Gold sizes up Black Fox near Timmins
Armed with nearly 83,000 metres of drilling in 296 holes, Apollo Gold (APG-T) has tabled an initial reserve estimate for the Black Fox gold project, near Timmins, Ont.Based on a gold price cutoff of U…
Gold miners stalk quarry in elephant country
Ghana was once known as “the gold coast of Africa,” and, with annual production of 2.3 million oz., the country remains the second-largest gold-producing nation on the continent.With the recent upswin…
Island of Sardinia wakes up to mineral exploration
Geologists are a rugged bunch, usually working without many of the amenities we commonly take for granted and in places where most of us would fear to tread. Well, that’s true of most geologists. Then…