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News July 19, 2004

Cerro Casale on shaky ground

Vancouver — Arizona Star Resource (AZS-V) and Bema Gold (BGO-T) are threatening to go to arbitration to gain Placer Dome‘s (PDG-T) 51% stake in the Cerro Casale porphyry gold and copper pro…

News July 19, 2004

Victoria cuts high-grade at Mill Canyon

Vancouver — Victoria Resource (VIT-V) has hit a 355-metre alteration zone containing high gold grades while testing the new RJR zone on its Mill Canyon property in Nevada.

News July 19, 2004

Ivanhoe raises $140m

Vancouver — Ivanhoe Mines (IVN-T) has closed a $140-million equity financing consisting of 20 million shares priced at $7 per share.

News July 19, 2004

Larger Red Chris mine proposed

Vancouver — The daily capacity of bcMetals‘ (C-V) proposed Red Chris porphyry copper-gold mine in northwestern British Columbia has been increased to 27,500 from 25,000 tonnes over 18 years.

News July 19, 2004

Canadian Stock Exchange Indices (July 19, 2004)

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News July 19, 2004

McWatters bankruptcy reaches settlement

The Quebec Superior Court has approved the settlement between insolvent McWatters Mining (MWA-T) and its creditors, ending bankruptcy proceedings for the company and for the Sigma-Lamaque partnership, McWatters’s 60-40 joint ven…

News July 19, 2004

More gold for Committee Bay

Vancouver — The final three holes of winter drilling at the Three Bluffs occurrence in Committee Bay, Nunavut, has yielded some of the best results to date for JV partners Committee Bay Resources (CBR-V) and Gold Field…

News July 19, 2004

Soho sees potential for Tahuehueto

Vancouver — Underground sampling on Soho Resources‘ (SOH-V) Tahuehueto project in Durango state, Mexico, is returning high values of gold, silver, lead and zinc.

News July 19, 2004

Greystar boosts Angostura resource

Vancouver — Greystar Resources (GSL-T) reports a significant increase in gold and silver resources at its Angostura project in northeastern Colombia.

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